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Boxing Champion Floyd Mayweather is releasing his own NFT

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Shivangi Mujumdar Follow

INDIA

May, 14 2021

May, 14 2021

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Boxing Champion- Floyd Mayweather thought to connect the NFT trend by launching his digital collection on May 26th. The NFTs will consist of a limited-edition digital collection relating Mayweather’s life and career, with memorabilia.

 

Why is Mayweather releasing NFT now?

 

The reason behind this release is that Floyd Mayweather quoted in a release that- "I started from nothing and beat all the odds to achieve what I did in my career and I think that's the American dream. I don't look at myself as a celebrity – I look at myself as an l icon, one who made it. My name will always live on for the things that I did and the mark that I left in sports. These digital collectibles give everyone a chance to be part of the Mayweather Legacy."

 

Every digital artwork will be keen to the boxer’s legendary official and personal life, who has never tasted a loss through his reign on the ring. The compilation is planned to launch on May 26th.

 

Is it because of his fight with Logan Paul?

 

Floyd Mayweather – one of the highest fighters of all time. He has partnered up with IronBend, Zytara Labs, and Reality Gaming Group. He has planned to release an exclusive NFT collection. Apart from his long-awaited exhibition fight against the YouTube star Logan Paul.

 

What is NFT?

 

NFTs are known for their blockchain tokens tied to unique digital effects. They have flown in acceptance in recent months. From Paris Hilton to Jack Dorsey to Lindsay Lohan, numerous celebrities and personalities have issued NFTs.

 

How does NFT work?

 

The NFT function when its price drops with a limited-edition digital collection. It is celebrating the legacy of Floyd Mayweather's life and career. Each piece in this is of unique collection. It will be protected and safe using blockchain technology.

 

It works by allowing the verification of ownership and genuineness of each collector's item. Also, the quickly expanding non-fungible tokens trend got the attention of the seven-time Super Bowl champion Tom Brady. He plans to launch an NFT platform named Autograph.


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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