Putting aside the disappointing 2-2 draw against Al Riyadh in round 33 of Saudi Pro League 2024, Cristiano Ronaldo is eagerly rushing into selling his NFT collection. It is important to know that this was the match in which Ronaldo played the full 90 minutes, touched the ball 31 times, passed accurately 12 out of 15 passes with a rate of 80%, but missed the target three times.
However, Ronaldo did not have time to feel miserable after his apparent defeat in Al Nassr’s season in the Saudi Pro League, because the five-time Ballon d’Or winner was focused on promoting your name and image in the digital and cryptocurrency world.
Through his official account on X (formerly Twitter), the Portuguese striker advertised an upcoming event with partner Binance about the launch of an NFT collection this May 29. Ronaldo’s post reads: “Discover the story of Cristiano Ronaldo from his roots in Madeira to his rise to become the GOAT with a new series of NFTs. With benefits that are even bigger and better than ever, don’t miss the opportunity to add limited edition NFTs to your collection. Are you ready to join this journey? Also added, each NFT will cost 10 Tether (USDT), a currency in the cryptocurrency world.
NFTs are unique digital assets that represent ownership of specific items, such as rare works of art. NFTs are stored on the blockchain, which means they cannot be easily edited, copied or duplicated. So, they can act as a publicly verifiable proof of ownership on a decentralized database. NFTs are said to offer creators new monetization opportunities, foster innovation, and support the growth of creative industries.
In a way, we can understand that what is for sale in the launch of Ronaldo’s NFT collection are unique souvenir-style works of Ronaldo’s personal and professional life. The noise is that Ronaldo is being drawn into a legal battle that is considered to be of a devastating level.
Specifically, the Portuguese star is facing accusations of promoting Binance, the world’s largest cryptocurrency exchange that allegedly caused investors to make costly and unsuitable investments. safe. Ronaldo is accused of abetting Binance by participating in taking photos and videos of many promotions on social networks, including the launch of non-fungible tokens (NFTs) called “CR7”.
The plaintiffs allege Ronaldo’s presence on Binance misled investors into thinking their investments were safe and profitable. Mentally calculating the amount of money that the plaintiffs claim currently exceeds 1 billion USD.
