NFT stands for Non-Fungible Token. In simpler terms, it's a unique digital asset that represents ownership of a specific item or piece of content, such as a picture, video, audio recording, or even a tweet. The ownership of an NFT is recorded on the blockchain and can be transferred by the owner, allowing the NFT to be sold or traded.
In the context of football, an NFT could be a unique digital collectible of a popular football player, such as Lionel Messi or Cristiano Ronaldo. This NFT could include a specific image of the player, his stats, and other unique features that make it one-of-a-kind.
For example, let's say there's an image of Lionel Messi's famous goal against Real Madrid in the El Clasico match. This image can be converted to NFT and sold as a one-of-a-kind digital asset, with the buyer owning exclusive rights to that specific goal's image. Other people may have access to the image of the goal from the Internet, but the NFT holder would be the only one with the unique and original digital asset that represents ownership of that specific moment in football history.
The rise of NFTs has been a hot topic in the world of digital assets. They are a new way of thinking about ownership of digital assets, allowing creators to monetise their work in ways that were previously not available.
With the NFT feature on the Football Fan app, users can turn their unique and original user-generated football-related content, such as photos, videos or even podcasts, into a digital collectible that is stored on the blockchain and can be traded to generate revenue.
The Football Fan app has not only made it easy for users to create NFTs but also provides FanCoin® Marketplace to showcase and sell NFTs. Being a fan and creator focussed platform, the Football Fan App with its NFT creation feature is opening new avenues for people to express themselves and show their creativity.
So how does it work?
To get started, users simply need to create an account on the Football Fan app, start uploading their content, and choose the ‘Convert into NFT’ option. The content will be converted into NFT and stored securely on the blockchain in less than 60 seconds. The content converted into an NFT will be available for purchase either from the main home screen or from the FanCoin® Marketplace on the app. When a user purchases the NFT on the app, they will be the sole owner of the content and can use it however they see fit. The purchased NFT can again be relisted on the app with a tap of a button to further trade it.
The Football Fan app charges a small fee of 25 FanCoin® for listing the content as NFT and when sold they charge a 30% service fee again in FanCoin®. To let our readers know, when anyone signs up on the Football Fan app they collect 50 FanCoin® as a signing-up bonus, which means 2 NFTs can be created for free on the app.
By using Football Fan's NFT feature, creators can generate revenue via FanCoin® from their content, while fans can own a unique and original piece of digital memorabilia. It's a win-win situation for everyone involved, and we are excited to see how this new feature will change the way fans and creators interact with each other.
Why choose Football Fan for NFTs?
If you are a creator looking to monetise your content, or a fan looking to own a unique piece of digital memorabilia, then the Football Fan app's NFT feature is the perfect solution. Start creating and selling your NFTs today and join the future of digital ownership.
If you haven’t tried Football Fan app yet – make sure you download Football Fan app today and start collecting FanCoin® rewards and also convert your content into NFTs to sell or even buy other users NFTs.