US EditionNFTs In Sports: What To Know About The Dangers Of Fraud And Counterfeiting - Stuff South Africa
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NFTs In Sports: What To Know About The Dangers Of Fraud And Counterfeiting - Stuff South Africa
Non-fungible tokens (NFTs) are experiencing spectacular growth thanks to the new opportunities they offer for interaction and monetization to fans, clubs and athletes in the sports industry. Platforms such as NBA Top Shot, which allow users to own key moments in basketball as NFTs, generated nearly $500 million in sales and had over 800,000 registered accounts a few years ago. The initial enthusiasm for NFTs quickly faded after scandals over spe…
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