Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Manchester United has unveiled the Tezos-powered NFT

Manchester United has unveiled the Tezos-powered NFT

Manchester United, one of the world’s most powerful soccer clubs, has published its first set of non-fungible tokens backed by the proof-of-stake blockchain Tezos. Fans must sign in with their Tezos wallets in order to receive NFTs. Digital collectibles are stored in a wallet and may be tracked via the blockchain. The club’s first digital collectable is a key that unlocks a slew of freebies for supporters. Keys are classified into three classes based on their rarity (Classic Key, Rare Key and Ultra Rare). They will be distributed at random to club supporters. When United unveiled the NFT initiative in the middle of November, they described it as a present to supporters.

The English Premier League football team also announced the creation of a virtual environment that would be linked to its official Discord server. Access to various tournaments and private Discord channels are among the incentives advertised by the group. Key holders will also get access to the club’s NFTs, which have not yet been issued but will be shortly. Users who obtained the rarest keys will be able to obtain the rarest gifts. Tezos, according to Man United, is one of the world’s most sophisticated and long-lasting blockchains.

XTZ surged in February when The Athletic reported that the blockchain business has partnered with Manchester United. Soon after the first rumor, a sponsorship contract for training equipment worth £20 million per year was verified.

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Recommended Posts