Cristiano Ronaldo launches Binance NFT collection at $35

abdelaziz Fathi

Cristiano Ronaldo and Binance have unveiled their latest NFT collaboration, “Forever Worldwide: The Road to Saudi Arabia,” which celebrates Ronaldo’s journey from humble beginnings to global football stardom.

Cristiano Ronaldo launches Binance NFT

The NFT collection highlights locations pivotal in Ronaldo’s career, including Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal. Artists with personal ties to these locations were selected to design each NFT, adding a sentimental touch to the collection.

“I’m excited that this new NFT collection with Binance offers fans pieces of my journey throughout my football story,” Ronaldo said. “Each place in ‘Forever Worldwide: The Road to Saudi Arabia’ means a lot to me personally, and I can’t wait for fans to see my career’s big moments through this special artwork collection.”

Sarah Dale, Head of Brand Partnerships at Binance, added: “Cristiano Ronaldo’s incredible journey from humble beginnings to football legend has inspired fans worldwide. This NFT collection encapsulates his journey and offers the best rewards ever for sports fans while giving a platform to talented artists.”

The collection will launch in two drops during the upcoming football season and will culminate in an auction in June for a limited collection of super super rare (SSR) NFTs.

Specifically, the first drop starts today and includes iconic locations Madeira, Lisbon, and Manchester. Additionally, the second drop launches on June 6, featuring Madrid, Turin, and Saudi Arabia. Spanish artist Lisett Ledón, Italian artist Pasquale Garibaldi, and Saudi artist Shaker Kashgari have designed NFTs that celebrate Ronaldo’s success in these locations.

In June, a limited collection of 7 super super rare NFTs designed by local artist Mr. Dheo will be auctioned.

The NFTs are priced at $35 each, with the collection introducing a ‘Collect to Earn’ mechanism that rewards collectors from the first purchase. Rewards include vintage jerseys, football tickets, signed posters, and opportunities to ask Ronaldo questions in a personalized video.

The first drop for the ‘Forever Worldwide: The Road to Saudi Arabia’ NFT collection will be available exclusively on the Binance NFT Marketplace starting May 29, 2024.

However, Ronaldo’s involvement with Binance has not been without controversy. The football star is currently facing a class action lawsuit in a United States district court in Florida related to his previous participation in NFT sales with Binance.

The plaintiffs allege that Ronaldo’s endorsement led them to make investments that resulted in significant losses. They are seeking damages exceeding $1 billion.

In November 2022, Binance launched its first “CR7” collection of non-fungible tokens (NFTs) in collaboration with Ronaldo. Ronaldo’s “CR7” brand, synonymous with his initials and shirt number, spans various products, including this NFT collection.

In promoting the NFTs, Ronaldo stated the goal was to elevate the NFT game and bring football to the next level. However, the value of these NFTs plummeted dramatically within a year, with the cheapest in the collection dropping from an initial price of $77 to around $1.

Read this next

Digital Assets

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program as part of a settlement with the New York Attorney General (NYAG), announced on Friday.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

blockdag

Q2 2024’s Top 5 Cryptos to Buy: BlockDAG, Pepe, Toncoin, Solana and Render

Learn about 2024’s Q2 top 5 cryptos. Explore potential high-return and advancements of altcoins like BlockDAG, Pepe, Toncoin, Solana, and Render.

Fundamental Analysis, Tech and Fundamental, Technical Analysis

GBPCAD Technical Analysis Report 14 June, 2024

GBPCAD currency pair can be expected to fall further toward the next support level 1.7250, former strong resistance from last year.

Digital Assets

Binance acquitted of tax evasion in Nigeria, now faces AML charges

Nigeria has dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the world’s largest cryptocurrency exchange appointed a local representative to handle court processes related to the allegations.

Digital Assets

Trezor launches new hardware wallet ‘Safe 5’ with fresh security features

Crypto hardware wallet manufacturer Trezor announced on Friday the launch of its latest flagship product, the Trezor Safe 5, featuring upgraded security to promote self-custody of digital assets.

Institutional FX

Tradeweb enhances RFQ trading in bonds and ETFs

“Clients can now leverage predictive analytics and data to unveil deeper insights at the list level, providing them with an unparalleled level of precision throughout every point of the RFQ trading process.”

Industry News

US repatriates $1.4B misappropriated 1MDB funds to Malaysia

1MDB was created to promote economic development in Malaysia, but instead it went to Hollywood, a superyacht, a Monet and Van Gogh, as part of a $4.5 billion money laundering scheme.

Crypto Insider, Web3

What’s New in Web3 in 2024

Is Web3 really the future of the internet? It certainly seems so. In 2024, the momentum behind decentralized technologies, blockchain, and token-based economies will be stronger than ever.

<