The digital era has changed the ways brands and teams are connecting with their fans.
By leveraging new technologies like NFTs and fan tokens, these sports brands are reaching new spaces and a better revenue flow.
Bringing back childhood memories of collecting sports cards, posters, memorabilia in the form of Sports NFT attracts a versatile audience regardless of age.
Clubs can tokenize and strengthen their royalty payments, contracts, and management of players.
Players can tokenize their profiles, image, name, and create opportunities to join clubs globally. They can also opt for royalties for their tokenized assets and contracts. So, whenever a fan reproduces the assets, players become entitled to receive royalties in fractions.
Fans can invest in NFT assets offered by these entities and trade them, such as signed autographs, owned cars, contracts (chance to meet and spend time with their favorite player). They can also trade these assets on the secondary market to the highest bidders.
2. Abstract
The digital era has changed the ways brands
and teams are connecting with their fans.
By leveraging new technologies like NFTs and
fan tokens, these sports brands are reaching
new spaces and a better revenue flow.
Bringing back childhood memories of collecting
sports cards, posters, memorabilia in the form of
Sports NFT attracts a versatile audience
regardless of age.
3. What is NFT?
The term “non-fungible token” refers to a type of data that resides on blockchain. Unlike Bitcoin and other cryptocurrencies, each token
here ensures that a digital asset is unique and hence irreplaceable.
Non-Exchangeable
NFTs unique features and specification
of unique assets makes the token non-
exchangeable.
Characteristics of NFT
Scarcity
NFTs are at their peak due to their
demand and scarcity.
In-divisible
Representation of unique assets makes
the token in-divisible in nature, the
tokens cannot be transferred in
partitions.
4. Global NFT Market
The NFT market cap forTop
100 Ethereum collections +
NBATop Shot is estimated at
$14.19 billion, supporting the
value flow into the NFT
segment.
In Q3, the NFT space
generated over $10.67 billion
in trading volume. This
represents an outstanding
704% increase from the
previous quarter and a
colossal 38,060% increase
year-over-year.
NFT Market Cap $14.19 B - Top Contributors
Others - 25.4%
CryptoKitties - 1.6%
Mutant Ape Yacht Club - 1.9%
Rarible - 2.1%
Meebits - 3.4%
NBATop Shots - 6.5%
Bored Ape Yacht Club - 14.5%
CryptoPunks - 43.4%
5. NBA, NFL,and MLB generatethe mostinterestamong
sports NFTbuyers
% population and NFT buyers who are interested in a league and a league’s NFTs
Sports fan average
% interested in a league
% interested in a league’s NFTs
55%
65%
58%
NFL
42%
47%
45%
MLB
41%
38%
41%
College Football
40%
51%
62%
NBA
33%
29%
31%
College
Basketball
26%
28%
31%
NHL
24%
27% 26%
UFC/MMA
24%
21% 21%
Motor racing
23%
26%
31%
International
soccer leagues
19%
27%
31%
MLS
16%
20% 19%
Pro wrestling
0.89 0.96 1.08 1.22 1.07 1.11 0.96 1.00 1.19 1.15 0.95
Ratio
6. Whatare Sports NFT?
Sports collectibles like cards, stats, video clips, and many other special sports moments that can be
converted into NFTs.
Player
Cards
Team
Events
Autographs Video
Messages
8. Who Can Create Sports NFT?
Sports teams
Fan clubs
Federations
Coaches
Athletic clubs
Photographers
Retail brands
Bloggers
Sport associations
Nutrition companies
11. Sports NFTAdvantages for Leagues
and Players
NFTs provide a new revenue model that is more beneficial to athletes and their fans than advertising or sponsorship.
Allowing leagues and players to reach
investors from all around the world.
Convenient, one-click sale process.
Provides more liquidity on the
market,
creating more space for
business
monetization.
No more paperwork - everything
goes digital including all required
documentation.
12. Sports NFT Advantages for Investors
Digital assets, as NFTs, give access to potentially far more buyers and investors than in the past.
Access market of sport investments
anywhere, anytime.
Access platform for one-click invest process.
Buy shares of teams to get part of their
income from competitions.
Revenue from participation on various events.
13. SportsNFTforFans
NFTs also appearto be strengthening the connections between fans and theirfavorite sports,with 86% ofbuyers saying that owning
sports NFTs makes them even biggerfans.
The majorityofsports NFTbuyers are also excited about otherblockchain-enabled experiences
Collect NFTs offavorite players and teams
(75%)
Buycollectible digital merchandise (61%)
Receivevirtual ticket stubs (63%)
The chance towin a rare moment from live
events (66%)
14. NFT Beyond DigitalArts
Clubs can tokenize and strengthen their royalty
payments, contracts, and management of players.
Players can tokenize their profiles, image, name, and
create opportunities to join clubs globally. They can also
opt for royalties for their tokenized assets and contracts.
So, whenever a fan reproduces the assets, players
become entitled to receive royalties in fractions.
Fans can invest in NFT assets offered by these entities
and trade them, such as signed autographs, owned cars,
contracts (chance to meet and spend time with their
favorite player). They can also trade these assets on the
secondary market to the highest bidders.
15. Our projects
Headquarters
in Canada
Has 2.2 mln registered
users
from 180+ countries
Support 2,000 crypto and
58 fiat currencies
Serving 60,000+
merchants globally
Over $10 bln turnover in crypto payments since 2013
16. Velas Chain
To maintain a global ecosystemwith a multi-million userbasewe built
a next-
generation blockchain that solves all ofthe existing problems ofDLTs
Features:
Fastest first layerinteroperabilit
Up to 75 000TP
Optionalityforfree transactions orproject native
token
GPU/CPU transaction acceleratio
Fullycompatiblewith EVM (Soliditysupport
Decentralized CryptoassetTokenization (BTC,
ETH, ERC-20, etc)
18. Welcome to Velas!
www.velas.com
CONTACT US
mail
info@velas.com
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