Blockasset Pushes the Limits of NFTs and Fan Tokens, Empowers Sports activities – Sponsored Bitcoin Information

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On the November 4th, lit up one of Times Square’s countdown screens with artwork featuring five iconic sports heroes, including Alexander Ovechkin and Muhammad Ali. The “LeGENds” NFT drop was held by Blockasset: a Solana-based sports platform that aims to provide better engagement models for athletes and their fans by breaking the boundaries of NFTs and fan tokens.

Each NFT is masterfully drawn by a world-famous Dosbrak artist and dedicated to one of 5 sports icons: Alexander Ovechkin (hockey), Wayne Rooney (soccer), Muhammad Ali (boxing), Mike Bisping (UFC) and Jonah Lomu (rugby). In less than nine minutes, all of the items in the 10,000 generative art collection were sold out, generating $ 5 million in sales.

The decline thus set a new sales record for Solana, which is not the first from Blockasset: At the beginning of this year, the Italian soccer captain Giorgio Chiellini launched his NFT collection “Gladiator” in partnership with the platform, successfully breaking the record at the time of the ecosystem.

Explore new avenues of engagement

Sport is by nature interactive. However, due to numerous restrictions imposed by COVID-19, athletes were limited in how they could interact with their following. The goal of Blockasset is to define the future of relationships between athletes and fans and to open new channels for high quality interaction in the post-pandemic space.

Blockassets NFT and Fan Token holders get access to unique features such as membership in closed fan clubs, athlete AMAs, personal meet and greets, monthly draws, exclusive videos and merchandise, a chance to influence athletes’ decisions and much more more more. $ BLOCK, the native token, goes one step further by offering even more opportunities to get in touch with the platform and benefit from it – from direct profits through staking, farming and marketplace discounts to access to monthly NFT drops and exclusive events, NFT listing boosting, and administration.

The launchpad and community are just two components of the Blockasset ecosystem, with more to come. In the short term, Blockasset plans to introduce an internal NFT marketplace where users can only trade sporting goods, set up diversified collections and interact with one another.

In the second quarter of 2022, the platform will present its first play-to-earn title, which is also based on the $ BLOCK token. With eclectic missions and challenges, more users are expected to flock to the platform, attracted by the liveliness of the community and the competitive nature of esports.

Launch of branded NFT collections

The world of sports clubs and brands is highly competitive. Another enticing feature of the Blockasset platform is that it allows any player in the industry – be it a company or an individual – to build their own fully branded NFT collections. Embedded in the broader narrative of the Blockasset platform, these will be at home here, much like DeFi, P2E, and L2 solutions have benefited from the composable nature of the blockchain system.

This opportunity will enable more industry participants to use NFTs as a novel source of income in changing economic conditions, as well as a way to engage their community and attract new followers. With a top-class audience of committed sports fans all over the world, Blockasset will convince with its unique offer.

Sport has always been about honest efforts and fair fights. With that in mind, it’s encouraging to see decentralization return power to those who are actually in the field – rain and snow, morning and evening. With its large, dedicated community, well-thought-out tokenomics, low fees, fast transaction processing and a real touch of decentralization that Solana’s blockchain solution offers, Blockasset is gaining the upper hand as a robust first mover.

To learn more about Blockasset, visit their website and social media channels.

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Photo credit: Shutterstock, Pixabay, Wiki Commons

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