The National Football League (NFL) has announced that the organization plans to give its fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for those who attend the upcoming Super Bowl LVI in Los Angeles. The NFT giveaway comes through a partnership with the world’s largest ticket marketplace Ticketmaster where each NFT will be unique to each attendee, with the section, row, and seat from their real ticket. Hosted on the Polygon (MATIC) blockchain, the digital tokens will be released once per day beginning on Feb. 6 and ending on Feb 13 with new club-specific NFTs for the Los Angeles Rams and Cincinnati Bengals released on Feb. 2. In addition to the NFL’s virtual commemorative NFT tickets, the American football league also plans to launch a series of seven historic commemorative NFTs highlighting the past Super Bowls hosted in the city of Los Angeles. Commenting on the development, Senior VP of Club Business Development for the NFL Bobby Gallo stated: “Collecting ticket stubs has always been something our fans love to do, especially for the season’s biggest game, and offering customized Super Bowl NFTs allows us to enhance the gameday experience, while also enabling us to further evaluate the NFT space for future ticketing and event engagement opportunities” Sports NFTs are a Movement This is not the first time the American football organization attempted at utilizing NFTs where tickets are concerned. Back in November 2021, the NFL distributed a total of 250,000 NFTs to fans who purchased their tickets for select games through SeatGeek, StubHub, or Ticketmaster. Earlier last year, the league also formed a partnership with blockchain firm Dapper Labs to create NFL All Day, which is similar in nature to the NBA Top Shot. The NFL’s commemorative tickets are similar to Coachella’s recent NFT tickets except they act as lifetime tickets to the festival. In October 2020, FTX crypto exchange purchased an ad for the Super Bowl. Similarly, Canadian crypto exchange BitBuy also booked a commercial during the big game with Miami Heat guard Kyle Lowry.

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The wider crypto market is fast approaching to $2 trillionmarket cap with a swift resurgence of 8.15% gains round the clock. The market leaders Bitcoin and Ethereum are up by 9.31% and 10.5% respectively over the past 24 hours. Especially, the community’s major focus has shifted to Cardano, which has been under a bearish trend …

Bitcoin Price Prediction – February 4 With the Bitcoin price prediction shooting close to $41,000 now, it is doing a little to flip the market [...]

The Ottawa freedom movement requires funding and support, and Bitcoin is best poised to facilitate this.

However, Chainalysis reports the amount of illicit funds laundered through NFTs remains small compared to total crypto-based money laundering.

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Meta is rolling out a personal boundary as the default behavior in Horizon Worlds and Horizon Venues. 

After receiving bouts of extensive criticism for a lack of development, the Cardano network has started to dominate headlines once again for more positive news. This is due to an acceleration in the launch of smart contract-based applications on the platform, along with ecosystem-wide changes in the network itself. This surge in development activity has […]

Bitcoin Pushes on the Upside as Bitcoin Reclaims $40k High – February 4, 2022 BTC/USD has rebounded above the $37,000 support as Bitcoin reclaims $40K [...]

New York City, NY, 4th February, 2022, /RESPAWN is an open-access one-day virtual gathering of some of the most prominent figures in the gaming and sports industries to explore the future of gaming on Web3. The event will be held on Tuesday, February 8th, 2022, from 11:00 AM–4:30 PM EST. Participants include representatives from premier Esports franchise Team […]

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NFTs are currently a symbol of status, but what happens when that desire fades?

The price of Ethereum (ETH) is making positive moves to the upside. First, the largest altcoin broke through the resistance line of the horizontal channel and reached a high of $2,800.