Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives.
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives.
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price boom as the World Cup gets underway.
Halloween-themed cryptocurrencies are taking over the crypto ecosystem on Twitter, typically purchased as an off-the-shelf product providing no real use case or future for investors.
The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender.
Scalability is one of the possible reasons for the fun token industry to grow despite the ongoing bear market, according to Chiliz and Socios CEO.
Other Manchester United-related assets also rallied after Musk's tweet, as well as Manchester City's fan token.
The June 15 vote took place for verified NFTs hodlers via a temporary Discord channel.
The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies.
UFC, the world’s largest MMA promotion, is preparing to mint its own token. The company, which has played a key role in the rise of the combat sport’s popularity, now…