English Premier League fans are rebelling against club NFT projects. When Socios collaborated with London-based Crystal Palace F.C., “fans showed up to a game with a banner reading, MORALLY BANKRUPT PARASITES SOCIOS NOT WELCOME.” Opinion ghlionn
John Mac Ghlionn is a researcher and essayist. His work has been published, among others, by the New York Post, Sydney Morning Herald, Newsweek, National Review, and The Spectator US.Instead, fans are being offered NFTs. The English Premier League, the most popular league in the world, has 20 different clubs; 17 of these clubs have signed deals with “fan token” firms . Under such deals, according to.
First off, for the uninitiated, NFTs are “non-fungible tokens.” Each “token” represents a digital certificate of authenticity. These digital certificates verify ownership of an asset. The tokens, meanwhile, are stored on a digital ledger called a, meaning records of ownership can't be forged. NFTs are closely tied to cryptocurrencies.
To say that the world of NFTs is a niche one is to understate how much NFTs actually mean to the average individual. Of course, this is not to say that NFTs don’tto change the digital landscape. They might. In this time of viruses, social distancing, new strains, and general anxiety, there is high demand for digital ticketing. Or, to be more exact, contactless ticketing, which significantly reduces the risk of individuals getting sick .
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