Christian Ronaldo is a big super star and you don't expect he's NFT not to skyrocket because you say you will not buy it, then there are thousands of his fans that will buy it even though the price is $5k. We know that Ronaldo has so many fans just like Messi which make them more successful in anything they intend doing.
I know of many NFT that was launched and not that owned by a celebrity and they did well in then NFT market hitting more than 200×. NFT projects are majorly hyped so that more investors will buy that is the reason why it does not always last.
Agree. We'd better simply see the celebrities as part of the NFT product/commodity rather its owner or investor. They are taking advantage of their fame and popularity, helping NFTs boost in a shor run to attract more buyers or investors. It's just a business deal. Personally I don't believe the celebrities would care much about any NFTs. Actually this is also like a football game. Once the match is on, and coach sents you to the field, you are striking hard with your teammates(partners in business) and you goal and win. That's it.
Cristinao Ronaldo has been All the news recently: his problems with Coach and some teammates, the latest interview on the upcoming FIFA world cup and the most talked about topic CR7 NFTs soon coming on Binance today in a few hours...Given his huge fame and popularity in real world, the Cristiano Ronaldo NFTs are receiving more attentions in the crypto space, even Binance's CZ is supporting him. Will the CR7 NFTs beome a huge hit ?
Pointless nfts if you ask me. What purpose do they serve other than striking it while the news around him is hot and the world cup is going? Do they actually provide the owner anything or just another cute picture on the internet?
If there’s no utility then it will just an ordinary NFT with a pure hype so better to think again if you are planning to but. No hate but those players are just taking advantage of their popularity, sooner or later they will face the consequences especially when the value of their NFT started to crash. I’ll just watch all his game but not to the point that I will buy his nft, i see this as unnecessary expenses.
NFTs have turned to be pure hype without any purpose being fulfilled by it. Majority of the NFT that have come into existence is a way to make money out of their popularity. More number of football players are involved into it. This being a hype, we don't know on what mechanism the market of the specific NFT have risen. As mentioned it is good to watch his game and no need of buying it to enjoy his game.
It is a hype and also correct that the market mechanism is uncertain. People choose what they believe in and then act accordingly. For reasonbale men, of course it is just good to watch his game and not to buy NFTs to lose money.
Cristinao Ronaldo has been All the news recently: his problems with Coach and some teammates, the latest interview on the upcoming FIFA world cup and the most talked about topic CR7 NFTs soon coming on Binance today in a few hours...Given his huge fame and popularity in real world, the Cristiano Ronaldo NFTs are receiving more attentions in the crypto space, even Binance's CZ is supporting him. Will the CR7 NFTs beome a huge hit ?
NFTs have already walked into the soccer industry and have been helping cryptos get attention. As for Cristiano Ronaldo's NFT, depending on the circumstances it may be a good investment in the short run. For instance, if Portugal were able to win this world cup, it would bring him one more record and people would be compelled to purchase all sorts of fan-related paraphernalia and this could take his NFTs price to an all-time high, thus giving a lot of profit for those who bought in early.
If Portugal won the World Cup, Cristiano's NFT would definitely be a huge success as well. I guess Cristiano has his plans after retiring from his professional football career. CR7 NFT is just something he might want to try. Not a big deal for him. It's better to see this as one of his biggest commercials, with the difference of his income being variable and huge profitable.