Topic: UFC Takes the Fight to NFTs, Reportedly Plans Its Own Cryptoasset (Read 166 times)

its good news if more popular person release their own NFT. they could attract their follower to join in cryptocurrency as a part , no matter will be investors or maybe NFT creator or developers too. when UFC decided to release NFT for their athlete , it give huge impact. we can imagine how much thier audience and some of them a part in this market.

yes, you are right sir, and will boom. this will be a warm conversation to always be discussed. I also heard that Khabid has also released about his profile in the form of selling NFT cards with several options at once to commemorate Khabib's retirement from UFC.

nba is what im trying to say but good thing they already have thier own nft . i have a friend that collects nba cards and i might recomend to him the nft version of it

UFC Takes the Fight to NFTs, Reportedly Plans Its Own Cryptoasset

I can't even imagine how crazy that would be if this became a reality.  

Deso anyone else prefers UFC meme instead of NFT?

Lol! It's really feels sad to see the world moving towards a craze that yields nothing at the end of the day. Celebrities and big brands are just milking money out of the common people's pocket and some stupids are clapping to its success. Really saddened to see such useless things are getting popularity too.

A digital art means nothing in the real world. Protect and HODL your ETH, that may make you millionaire in some day, NFTs won't. The faster you will understand this reality, the better!

Yes especially if you really an avid fan of that sports. There are diehard UFC fans that will surely try to get a piece of these NFTs.

Not just on planning to sell it later on but these collections are limited.

Just recently in NBA, Golden State Warriors also released their own NFT collections, the first time in the league. If only I have a budget for it, I will get one.

NFTs are going to make photography really attractive for photographers I'm starting to think of getting such skills to earn big with NFTs and may attend UFC nights just to take photos and then sell as NTF. Gonna be a good start of careers. I'm up for it. But why is this thread on Gambling?

Deso anyone else prefers UFC meme instead of NFT?

NFTs are going to make photography really attractive for photographers I'm starting to think of getting such skills to earn big with NFTs and may attend UFC nights just to take photos and then sell as NTF. Gonna be a good start of careers. I'm up for it. But why is this thread on Gambling?

I can't even imagine how crazy that would be if this became a reality.  

Would anyone here be interested in sports NFTs issued by sports leagues like major league baseball (MLB) or ultimate fighting championship (UFC)?

The Ultimate Fighting Championship (UFC) could soon become another league to start selling non-fungible tokens (NFTs) and launch a new cryptocurrency. The mixed martial arts (MMA) organization’s parent company Zuffa has reportedly filed several new trademark applications signalling its intent to jump on the trend.

Josh Gerben, Founder of trademark law firm Gerben Intellectual Property, recently tweeted that the UFC has submitted a number of filings to the US Patent and Trademark Office (USPTO). The filings suggest the league is planning to roll-out an app allowing users to manage cryptocurrency and NFTs, as well as a new UFC-branded cryptocurrency.

The latest development could spur a significant source of revenue for the UFC, similarly to how other North American sports leagues have used the NFT technology. These include the National Basket Association (NBA), which is offering digital collectibles under the NBA Top Shot brand. As of April 23, the marketplace attracted 460,000 collectors (a 100x increase year to date) who engaged in more than 4m marketplace transactions, according to the data from the league.

The Major League Baseball (MLB) is also taking part in the trend, as earlier this month, The Topps Company released its NFT collectibles that represent the company’s flagship annual baseball card collection.


"As collectibles enjoy a breakout moment with NFTs and blockchain technology, we can’t think of a better way to honor the legendary players from years past and look forward to the incredible careers ahead of today’s stars and breakout rookies," said Evan Kaplan, Managing Director of MLB Players.

Meanwhile, according to some observers, the UFC’s recent move could be connected to the initial public offering (IPO) of the league’s owner, entertainment group Endeavor. The group’s shares rose 12% during their trading debut on the New York Stock Exchange on April 29, before back-stepping down. Through selling some 21.3m shares at USD 24 each, Endeavor raised about USD 511.2m, with a valuation of USD 10.8bn.

“Very suspect the week of their IPO. A few thousand in legal fees to pump the stock. It may be true but the timing is suspect. The UFC have used trademarking IP for earned media in the past,” commented a Twitter user who goes by the name of Oisin Quinn, adding that “they are in a great spot to make money on the NFT space as the UFC owns all the fighters rights anyway.”