NFT stands for “non-fungible token,” which refers to a one-of-a-kind digital collectible that is monitored on a blockchain to prove its uniqueness.
The data that underpins NFTs is bought and sold at exorbitant prices, and it can represent anything found online, including art, images, match highlights, 3-D models of prizes, and music files.
NFTs are analogous to real-life collectibles like as trade cards or vinyl records in that they each have their own unique properties. They cannot be replaced by the same specimen – or, in the case of NFTs, the same underlying data – making them “non-fungible.”
And now, to aboard this NFT hype-train, Football Fan, a London-based Web3.0 football social app, has teamed up with Football Bloody Hell, a global collective of authors, bloggers, illustrators, and photographers, to create a collection of exclusive material for the company’s next line of NFTs!
The Football Fan app will be the only place where fans and collectors can buy and exchange these one-of-a-kind NFTs, which will contain hand-drawn artwork of some of the game’s top players and managers.
This announcement comes on the heels of similar deals between Football Fan app and other big publishers, demonstrating the growing momentum behind football and the NFT sector.
CEO Amit Singh Rathore said: “We are delighted to be working with Football Bloody Hell to launch this exciting range of NFTs on our marketplace, giving our users and fans of the game a chance to own digital tokens commemorating some hand-drawn artwork of some of the most famous faces in the game.
“We are a unique platform that empowers sports fans to convert and trade these collectables on our platform in a very easy few taps on our mobile app. We hope this adds even more value to thousands of users who already engage with our app every week.
“We are super excited to work with Football Bloody Hell, acting as an enabler to help them convert their exclusively owned content into NFTs to trade on our app-based marketplace.”
On behalf of Football Bloody Hell, Ronnie Dog Media founder Chris Darwen, added:
“We are very excited to be partnering with Football Fan and their game-changing approach to NFTs.
“We believe we have some of the most unique, diverse and nostalgic football artwork out there and the opportunity to market them through the Football Fan App marketplace is very cool. This helps us get closer to our overall aim of every fan of football nostalgia being aware of our work!”