DAZN Group enters the NFT business with the launch of their DAZN Boxing Global NFT Marketplace. DAZN announced its marketplace on Monday, July 11, and has NFTs for sale.
DAZN is one of the worldwide leaders in boxing content via its streaming service. Their new NFT store allows fans to get closer to their favorite boxing action.
“This new offering is part of DAZN’s evolution into a 360° entertainment ecosystem where fans can engage with their favorite sports in many different ways – a daily destination”.
NFT is short for non-fungible token. It’s a relatively new advent that’s finding increased mainstream popularity and yielding lots of value.
It’s a bit hard to explain what an NFT is, so here’s a definition from Investopedia.com: “NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated.
NFTs can represent real-world items like artwork and real estate. ‘Tokenizing’ these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud.”
In the sports world, it’s sort of like the new trading card, except electronic and finite in quantity.
If you purchase an NFT pack from DAZN’s marketplace anywhere from July 11-15, you will receive a free limited-edition Ryan Garcia NFT with the chance to win more Garcia merchandise.
