Author

Topic: The World cup 2022 missed a big business opportunity! (Read 267 times)

sr. member
Activity: 446
Merit: 250
Not all ticket buyers understand blockchain and what nft is all about bro, although it would have been a good way to create awareness among people who are not familiar with nft or blockchain.  They must have thought about it and considered the non-crypto people too. Not all members of crypto community understand how nft works as well. It is a gradual process.
Maybe implementing it as an alternative option to the newest way of selling tickets, if they have released it then non-crypto people will learn how it works and I don't think it's hard to know the details of NFT tickets. So if FIFA is going to release NFT tickets then big news based on the support for crypto from the world of football sports.
sr. member
Activity: 1876
Merit: 347
I think that fan token projects should take place more effectively in the world cup 2022. There are two strong national teams, especially Argentina and Portugal, with which Chiliz/Socios agreed and issued fan tokens. The Algorand (ALGO) project had partnered with FIFA. I think the ALGO project should also take an active part in the world cup.
hero member
Activity: 2562
Merit: 577
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?


Not all ticket buyers understand blockchain and what nft is all about bro, although it would have been a good way to create awareness among people who are not familiar with nft or blockchain.  They must have thought about it and considered the non-crypto people too. Not all members of crypto community understand how nft works as well. It is a gradual process.
legendary
Activity: 2338
Merit: 1124
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?
The fee part would have been quite profitable as well. They do not need to do it like as a whole thing, they just need to do like maybe 50 seats each game, and if it is not sold then you would move to regular ones during last 24 hours and still get people to buy it.

Qatar is a rich nation, I am pretty sure that people will not go there from all around the world as much as people go other nations, and I believe that Qatar wealthy people will end up buying many seats anyway, or it will not be filled stadiums too for most games. All in all, I believe that NFT would have allowed them to not only sell, but also gain from each resale as well, even after the game is over, and FIFA would have kept making profits.
sr. member
Activity: 2296
Merit: 256
Vave.com - Crypto Casino
make it a collection but it's just a memory. If you only intend to keep your collection as evidence of where you have watched the FIFA championship, it is very good especially as a football fan. But if you want to do business with it that means you want to sell it in the next few years I think it's not worth it at all because tickets can expire so the tickets you have are of no utility at all.
legendary
Activity: 2268
Merit: 1655
To the Moon
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

Considering the fact that FIFA has signed sponsorship contracts with Crypto.com, which became the official sponsor of the 2022 FIFA World Cup, it should be expected that Crypto.com he will definitely fulfill his contractual promises. These promises consist in the release of exclusive goods and the opportunity to attend matches during the championship. All this can be implemented in the form of NFT.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

This is a cool program, but the range of tickets in the form of NFT is not so optimal, I also have not seen it directly, whether there are tickets in the form of the NFT model, this integration will make a club or the holder of ticket sales rights not directly corrected and they are difficult To rearrange in the next match, there are indeed many ways to anticipate this, but Juha many things must be considered if this starts to be developed, personally I like that
hero member
Activity: 1344
Merit: 565
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

Are we forgetting something this is FIFA, the governing body of the world, I don't think FIFA would consider something that isn't well world wide spread, FIFA still maintaining it's old ways is for everyone to feel involved, like there are people who doesn't even understand what NFT is and already see it as an unnecessary complications this might affect the wide sale. So I think FIFA always put lots of things into consideration.
I agree with you. There is still the problem of the global acceptance/adoption of cryptocurrency in general talk less of NFTs and FIFA/Football is a global phenomenon now so we could see limitations with FIFA on NFT tickets in that regard.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
What happens is that when many see "NFT" they tend to be scared by the events that occurred in 2021, which was for many a lot of money losses, especially for investors who lost more than $15k believing in game developers who promised profits very millionaires

For the soccer world cup, the opportunity was not lost, because crypto.com is the official sponsor and for this it is very possible that it will have monopolized by that moment of the world cup, which will leave a lot of income for the platform, however it should be noted that the most important thing about this is the adoption of btc so that it can reach the whole world.
newbie
Activity: 84
Merit: 0
These days there are many related NFTs on platforms that are really artistic and lovable , at least they may select a collection of them and put them on the FIFA website. Is it very difficult for them to regulate that , boost this young and beautiful market and make some more money from this tournament!?
newbie
Activity: 84
Merit: 0
I don't even think FIFA will try to explore NFT in a short time. This may happen in the next years after NFT has become a global trend and this adopted everywhere. In my opinion that if this is not so important as FIFA can still sell its ticket used the traditional system. Exploring the opportunity on NFT will take the time and this can't be done easily in a short time. It's not include the time to test and implementation of idea. There must be also a way to mitigate the risk when using NFT as a ticket as something this can be abuse by buyers.
We will see whether FIFA will try to see NFT as an opportunity or not in the next years


They may have very complicated rules and regulations but minting a few selective tickets could be easily possible , and not a big deal , they are not to lose anything just helping a new market !
hero member
Activity: 2268
Merit: 507
I don't even think FIFA will try to explore NFT in a short time. This may happen in the next years after NFT has become a global trend and this adopted everywhere. In my opinion that if this is not so important as FIFA can still sell its ticket used the traditional system. Exploring the opportunity on NFT will take the time and this can't be done easily in a short time. It's not include the time to test and implementation of idea. There must be also a way to mitigate the risk when using NFT as a ticket as something this can be abuse by buyers.
We will see whether FIFA will try to see NFT as an opportunity or not in the next years
full member
Activity: 1148
Merit: 151
Hire Bitcointalk Camp. Manager @ r7promotions.com
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

FIFA still has not fully studied the potential of NFT, if this is to happen then we should have seen it in international leagues under FIFA's auspices. definitely in the next few years, we will see this (NFT as a ticket).
sr. member
Activity: 1554
Merit: 413
How did they miss an opportunity exactly? Did you think selling tickets as NFT would give them more profits? Most of the fans would probably prefer a regular ticket they can buy for a hundred bucks than an overpiced NFT. That would not be beneficial to FIFA.
hero member
Activity: 2842
Merit: 772
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?


Yeah, but you know some of the business owners might still go with the traditional base on selling tickets right now. But who knows in the future, they might think of this idea. Of course, owners wanted more money, but it could be the old owners doesn't want to take risk right now when all the geo-politics happening around the world. For sure though, in the next 4 years we will see a complete shift to all crypto related including sports.
hero member
Activity: 2366
Merit: 504
I sent an Email to FIFA but just received an auto reply only!
Your email will always be a spam or junk for FIFA. They will be taking the suggestion which was coming from the members of their organization and you must not even expect your email to be read by FIFA itself. This is a funny thing to see that if you have sent an email to the FIFA while they don't even know about you. You can keep your idea in your brain and it will never be a real thing.
You will be getting another auto reply if you keep send them email about that.
that's how it goes.
newbie
Activity: 84
Merit: 0
This was the best opportunity for the people to earn more money from it.All the business model can earn decent from this World Cup.The promoters can get the ticket for it.It may be the The NFT ticket was different one as compared to normal game ticket.This game was unique and different from the World Cup.The NFT game was unique and long waited among the fans.


I sent an Email to FIFA but just received an auto reply only!
sr. member
Activity: 1313
Merit: 302
This was the best opportunity for the people to earn more money from it.All the business model can earn decent from this World Cup.The promoters can get the ticket for it.It may be the The NFT ticket was different one as compared to normal game ticket.This game was unique and different from the World Cup.The NFT game was unique and long waited among the fans.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

Are we forgetting something this is FIFA, the governing body of the world, I don't think FIFA would consider something that isn't well world wide spread, FIFA still maintaining it's old ways is for everyone to feel involved, like there are people who doesn't even understand what NFT is and already see it as an unnecessary complications this might affect the wide sale. So I think FIFA always put lots of things into consideration.
sr. member
Activity: 1106
Merit: 391
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

if they make this and make NFT a ticket then I'm sure it's not only FIFA who will benefit but also the buyers who buy the NFT in the form of the ticket. but I'm sure FIFA still haven't found the best concept for them to do that.
newbie
Activity: 84
Merit: 0
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

Not a bad idea, but there will be so many of these tickets that it is unlikely that most of these NFTs will have any value at all. Would you want to buy an NFT token ticket that is in row 15, seat 52? Doubtful venture. Stadiums hold tens of thousands of spectators and everyone will have a different ticket. I wonder how users will add rarity to their NFT tokens? Maybe the very first ticket sold for a particular match? Well that might have some value. In any case, if one were to create such a collection, it would be strictly limited.


They need to be a little creative , they can add some artworks to that , photos of a footballer , we have legends no one forgets them and people love them.
legendary
Activity: 3080
Merit: 1500
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?


That is probably true! Even though NFTs are pure crap but it works well for the creators when there is an "aspirational value". This aspirational values are created by big brands or celebrities. So they have a much higher chance of succeeding in NFT market because common people are addicted to something called "reflected glory". So here FIFA would have made few extra millions through the sell of NFTs to the football fans. They indeed missed the opportunity.

They probably didn't get a proper pitch around this money churning area because a significant level of technological support will be needed to create and market those NFTs successfully. If you don't know FIFA relies heavily on third part service provider in almost every aspect. 
staff
Activity: 2436
Merit: 2347
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?

Not a bad idea, but there will be so many of these tickets that it is unlikely that most of these NFTs will have any value at all. Would you want to buy an NFT token ticket that is in row 15, seat 52? Doubtful venture. Stadiums hold tens of thousands of spectators and everyone will have a different ticket. I wonder how users will add rarity to their NFT tokens? Maybe the very first ticket sold for a particular match? Well that might have some value. In any case, if one were to create such a collection, it would be strictly limited.
sr. member
Activity: 1722
Merit: 269
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?


I agree that it would definitely would have created some media interest and also some articles about it if FIFA would have sold tickets also as NFT's, but i think that would have been pretty much it, because beside of the publicity i don't see any added value above that. I mean as far as i know all those tickets are already in a digital form on your phone or other device as a barcode. I also don't know if reselling the tickets would work that easily as i think those are all personalized now or not? In addition to that i don't really see that such NFT's could have a lot of value above the price of the ticket itself, because there would a lot of them and they would have no use anymore after the tournament.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
such a great idea but maybe using NFT for tickets in the world cup just seems complicated for these kind of event.
the business model of having royalty being paid for every tickets in form of NFT being moved over in ownership is great but the implementation in real life could also differ.
regardless it’s always good if we could eventually see the implementation of NFT technology in a big events like world cup that could really show the real advantage of using NFT and its unique technology that kinda suits well being used in this kind of thing like world cup ticket.
I would like to see that an NFT ticket will become a priority ticket. A different than a common ticket.
newbie
Activity: 84
Merit: 0
FIFA could sell Tickets as NFT and ticket owners could resell it again ,
I guess it can't be like that. As far as I know that if that was on NFT form and it can be only used for once. I think that will not possible. If you meant the ticket owner could resell it again and is that mean if the ticket will be last forever? This is not how it's working.


it could be never lasting business! Personally I would like to have one for my collection! What do you think?
It will not even become a business. If people buying once for their life time and then this will not give profit for the ticket sellers.
That business will not possible to be implemented. You must also aware that if this time it's very different. The ticket can be used once and then people need to buy that again.



https://www.completesports.com/wp-content/uploads/2018/04/FIFA.png

Each ticket is a unique Items , it got place , match , date and lots of good memories , they could be mint one by one and many people would like to keep it or buy it as NFT

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
FIFA could sell Tickets as NFT and ticket owners could resell it again ,
I guess it can't be like that. As far as I know that if that was on NFT form and it can be only used for once. I think that will not possible. If you meant the ticket owner could resell it again and is that mean if the ticket will be last forever? This is not how it's working.


it could be never lasting business! Personally I would like to have one for my collection! What do you think?
It will not even become a business. If people buying once for their life time and then this will not give profit for the ticket sellers.
That business will not possible to be implemented. You must also aware that if this time it's very different. The ticket can be used once and then people need to buy that again.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?
There is no advice I can give if you only want to own one collection, because any ownership of any kind is always based on likes and knows the benefits, so whatever you want to have is definitely based on better and greater benefits, not just because can be collected.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token


You are right, FIFA missed a good opportunity to make more money and land on the news by taking advantage of the NFT train. I am sure that maybe nobody within the group came up with the idea but I am looking forward that maybe in the next season they can do something about it. Certainly, there are so many things they can do with NFT and they can all tie everything with their promotions and marketing which they can make things to be self-funded...and fans ad supporters will certainly be there for them. This is now the power of NFT and soon many organizations will be looking to it on what can be there for them.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?
Good idea.

But it's all on the ticket buyers if they want to mint it as an NFT. Although there's really a sense if it started by the FIFA management to mint those tickets and being sold for two purposes.

1. As a ticket.

2. As an NFT.

There's the edge on their end that it's going to be a collectible for this FIFA as it's going to close a history again and the same goes for the next FIFA world cup.
newbie
Activity: 84
Merit: 0
FIFA could sell Tickets as NFT and ticket owners could resell it again , it could be never lasting business! Personally I would like to have one for my collection! What do you think?
Jump to: