Nonfungible tokens (NFTs) and the sports world are on a mutually beneficial trajectory into the next generation of connectivity.

However, instead of placing a bet and walking away with only a monetary reward, NFTs allow fans to connect with athletes and have recurring rewards based on their success.
On Oct. 11, the platform closed a funding round backed by prominent figures in both the Web3 and sports worlds, such as Sebastian Borget, co-founder and COO of the Sandbox metaverse, and professional Austrian tennis player Dominic Thiem.

Ludwig explains that the FANtium model includes historical data of all athletes in that sport to ensure that: "Sports fans have an attractive return on investment and athletes have an enticing alternative to finance their career."

However, for the sports stars of the future they can use these NFT-like bets to further their career.
Ludwig says this includes both collegiate and youth athletes.
Source: Cointelegraph
#NFTs