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Home Markets Cryptos

Cristiano Ronaldo partners with Binance on NFT deal

Ajibola Akamo by Ajibola Akamo
June 23, 2022
in Cryptos
Cristiano Ronaldo is poised to become the most-capped men's international footballer in history with his 197th start
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Football superstar and six-time Ballon d’Or winner, Cristiano Ronaldo, has signed an exclusive multi-year nonfungible token (NFT) partnership with the world’s largest cryptocurrency exchange by market volume, Binance. The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.

In the announcement, Binance noted that the agreement involves creating a series of NFT collections with Ronaldo. These will be sold on the Binance NFT platform exclusively, with the first collection coming out later this year.

Changpeng Zhao, the CEO and founder of Binance, praised Ronaldo’s accomplishments in soccer and mentioned that the athlete has “transcended sport to become an icon in multiple industries.”

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What you should know

  • Zhao mentioned that the football superstar “has amassed one of the world’s most dedicated fan bases through his authenticity, talent and charity work.”
  • Zhao also added that the Binance team is excited to give Ronaldo fans “exclusive engagement opportunities to connect with Ronaldo” as they own pieces of the NFT collections.
  • Meanwhile, the soccer superstar also commented on the upcoming NFT drops, saying that fans will surely enjoy them. Ronaldo also stated, “My relationship with the fans is very important to me, so the idea of bringing unprecedented experiences and access through this NFT platform is something that I wanted to be a part of.”
  • The partnership will help create a fan-centric economy, providing an unprecedented opportunity for fans and Ronaldo’s community to own an iconic moment in sports history.
  • The NFT programs will provide exclusive experiences and engagement opportunities for fans all over the world to connect with Ronaldo, building a new Web3 community entirely around sports fandom.
  • The announcement also underlines Binance’s commitment to supporting global football, complementing existing partnerships with the Argentine Football Association, the Brazilian Football Confederation as well as professional sports clubs S.S. Lazio (IT) and FC Porto (PT).
  • This is not Ronaldo’s first rodeo in the cryptocurrency space. Back in March, Ronaldo was awarded crypto tokens for his achievements in the sport. The soccer star was given JUV tokens, the official fan token of Juventus F.C., for every senior career goal that he scored.

Despite the current crypto winter, the Binance CEO expressed positivity earlier in June. With confidence, Zhao noted that it’s his third crypto winter and Binance’s second encounter with this type of market situation, implying that the team knows how to navigate their way in a bear market.

Apart from this, the Binance CEO said that they will use this as an opportunity to hire top talent who are available during this time as he stated that there are 2,000 open position Binance is ready to fill.


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Tags: BinanceCristiano RonaldoNFT
Ajibola Akamo

Ajibola Akamo

Ajibola Akamo is an Investment Analyst, Financial Analyst, Economist and Accountant. You may contact him via his email ajibolaakamo@yahoo.com

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