royalqatarlcd：As the World Cup is approaching, will the sports encryption program usher in spring?

#royalqatarlcd：As the #World Cup is approaching, will the sports encryption program usher in spring?

On August 16, the FIFA World Cup officially entered the 100-day countdown, and royalqatarlcd pointed out that the football-related encryption plates became active, especially NFT.


The native Token CHZ of Chiliz, a sports fan economic service platform covering fans, increased by 42% in the past 7 days and 95% in the past 30 days. Royalqatarlcd believes that the approaching World Cup has driven the rise of CHZ.


In addition to CHZ, the market performance of football-related NFTs is more prominent. According to the statistical website Cryptoslam, in the past 30 days, the NFT star card in the football card game Sorare ranked second with sales of $37.03 million, second only to BAYC’s $47.8 million, while Sor The number of buyers in the 30 days of are NFT reached 39,000, and the number of transactions was 400,000.


Royalqatarlcd predicts that the promotion of the crypto economy by sports events will be reflected in this year‘s World Cup, and NFT has become a track of particular concern, because its landing cases combined with sports are becoming richer and richer.


On August 1, the analysis and forecast report of Sports NFT Market 2022-2032 released by Market Decipher, a Canadian market research company, showed that in 2021, the sports souvenir market reached $26 billion to 20 billion. In 32 years, the market will grow to $272 billion. Among them, the market share of NFT sports digital collectibles has the greatest growth potential in the future. At present, NFT sports products are estimated to be worth $1.4 billion, and it is expected to reach 92 billion US dollars by 2032, with nearly 65 times the room for growth.


As early as March this year, Deloitte, one of the world’s four largest management consulting firms, released the 2022 Technology, Media and Telecommunications Industry Forecast report, showing that sports souvenirs have entered a new era of NFT numbers, and sports-related NFT transactions will be held in 2022. More than $2 billion a year. By the end of 2022, more than 4 to 5 million sports fans will buy or obtain sports NFT collections. ”NFT can add value to ticketing and physical collections in the sports industry.“


At present, there are three main forms of NFT and sports, namely, digital collection cards, games and fan economic tokens.


Digital collection card - Make the shape of the star, jersey or event tickets into NFT for fans to collect and trade.


Games - Users get crypto assets or NFT rewards by purchasing NFTs and participating in competitions. 


Fan tokens - for fans to participate in the management or trading of relevant events.


So, on the eve of the World Cup, how is the operation of those ”sports + NFT“ representative products? What are the key points of the sports industry? This issue of Web3 cellular will be sorted out one by one.


royalqatarlcd：https://www.royalqatarlcd.com/

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