Cristiano Ronaldo and Binance Partner for CR7 NFT Drop By DailyCoin

• The first delivery of the collaboration will be made available to customers on 18 November.
• This first drop will include seven animated statues, each of which will fall into one of four different rarity categories.
• Ronaldo is one of the greatest players in football history.

One of the world’s biggest professional athletes is venturing into the NFT (nonfungible token) space. Professional soccer player Cristiano Ronaldo has teamed up with Binance to launch the icon’s first CR7 NFT release, according to an announcement on Wednesday.

The first delivery of the collaborative effort will be made available to customers on November 18. This heralds the beginning of a multi-year partnership with one of the most important cryptocurrency exchange platforms globally.

Exclusive CR7 NFT Collection

This first drop will include seven animated statues, each falling into one of four different rarity categories: “Super Super Rare (SSR), “Super Rare (SR), “Rare (R)” or “Normal” (N). Each collectible statue, according to the announcement, will depict Ronaldo in a legendary instance from his professional and personal life. They range “from career-defining bicycle kicks to his childhood in Portugal.”

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My NFT Collection is coming November 18th, exclusively on @Binance. This is your chance to join my Web3 community and own iconic moments from my career. Register now with the code RONALDO to prepare, and receive a surprise when the collection drops. pic.twitter.com/5lXNzxs2lC

— Cristiano Ronaldo (@Cristiano) November 15, 2022

There are few public figures in the world who are as famous, adored and obviously talented as Cristiano Ronaldo. The current striker for Manchester United ranks among the game’s all-time greats.

Now Ronaldo is extending his influence from the field to the realm of the NFT. He announced an exclusive deal with Binance to bring his own collection to life. Also, the partnership is part of the cryptocurrency exchange’s worldwide marketing effort to increase Web 3.0’s accessibility among potential new users. In a statement, Ronaldo highlighted that:

“It was important to me that we create something memorable and unique for my fans, as they are such a big part of my success. With Binance, I was able to create something that not only captures the passion of the game, but rewards the fans for all. the years of support.”

On the other side

• The number of NFT market participants has been steadily declining since February 2022, and consumer confidence in the market has also weakened. Chainalysis, a blockchain analytics platform, reports that this decline accelerated in June, with a startling 88% drop in the number of addresses trading on NFT marketplaces in a given week.

Why you should care

By 2032, the market value of sports collectibles is expected to reach $227 billion. A large part of that will be sporting NFTs. In addition, growth in the sports memorabilia market is expected to increase by a factor of ten within that year.

As FIFA World Cup 2022 approaches, you can find out more about the latest NFT declines for football here:

Manchester United First Gives NFTs to Fans as It Plans Web 3.0 Entry on Tezos ()

Lionel Messi Joins Fantasy Soccer NFT Game Sorare

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