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Market for sports NFTs set to reach $2bn | FT Scoreboard

Duration: 08:31Views: 22.5KLikes: 143Date Created: Jan, 2022

Channel: Financial Times

Category: News & Politics

Tags: sports newsnftscrytpotrading cardsrob gronkowskinbanba top shotftcryptocurrencythirty five venturessports fanssports businessnon-fungible tokennflrich kleimankevin durantnftlebron jamessports collectiblesdapperlabsft scoreboard

Description: The market for sports NFTs is set to reach two billion dollars in 2022, according to analysis by Deloitte. Early collectors, sports stars and even the leagues stand to gain. But average consumers could lose money if the bubble bursts on this new asset class. FT Scoreboard's Sara Germano talks to the people behind the craze, to understand where it might lead. Read more at on.ft.com/3qK3oTo #NFTs #NBA #NFL #LeBronJames #crypto See if you get the FT for free as a student (ft.com/schoolsarefree) or start a £1 trial: subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► To learn more, visit our website - channels.ft.com/en/ft-scoreboard ► Watch more videos from this series here - youtube.com/playlist?list=PLrhpR40o4n5znEL2k6oL2g5SzV1cdls1D ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: ft.com/podcasts ► Follow us on Instagram: instagram.com/financialtimes

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