The Australian Open embraces blockchain technology, incorporating NFTs and a metaverse.
Fans’ experiences at the Australian Open are set to alter when the event introduces them to Metaverse and NFTs.
Source: tennishead
The use of blockchain technology by numerous businesses worldwide is increasing, and the sports industry has recently taken another step in that regard. The organizers of one of the world’s largest Grand Slams, the Australian Open, took this action.
According to the competition’s organizers, the event will be the first Grand Slam to use non-fungible tokens (NFTs). A Gizmodo story first disclosed this.
An examination of the concept revealed that NFTs would be incorporated into sports competitions in a variety of ways.
To begin, the public will have access to a library of 6,776 NFTs. This group has been termed “Art Ball NFTs.” Aside from that, there are significant signs that each Art Ball will be linked to multiple tiny plots.
Further investigation revealed that the NFTs would be implemented so that confirmed owners would get an airdrop for every winning shot made during the tournament’s 600 matches.
Metaverse
Among other things, this airdrop would feature a film of the point, virtual wearables, and Australian Open goods.
The historic event will also include an online competition on the well-known metaverse platform, Decentraland.
As the competition approaches its start date of January 17, fans may virtually join in an AO Decentraland worldwide party, which would be a three-dimensional VR platform that would allow tennis fans to scout the Australian Open.
Physical attendance at events such as the Australian Open has been difficult because of the Covid-19 pandemic, which has brought the globe to a halt. This has obviously resulted in the emergence of virtual events and locations all over the world.
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Patrick
Coincu News
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NFT
The Australian Open embraces blockchain technology, incorporating NFTs and a metaverse.
Fans’ experiences at the Australian Open are set to alter when the event introduces them to Metaverse and NFTs.
Source: tennishead
The use of blockchain technology by numerous businesses worldwide is increasing, and the sports industry has recently taken another step in that regard. The organizers of one of the world’s largest Grand Slams, the Australian Open, took this action.
According to the competition’s organizers, the event will be the first Grand Slam to use non-fungible tokens (NFTs). A Gizmodo story first disclosed this.
An examination of the concept revealed that NFTs would be incorporated into sports competitions in a variety of ways.
To begin, the public will have access to a library of 6,776 NFTs. This group has been termed “Art Ball NFTs.” Aside from that, there are significant signs that each Art Ball will be linked to multiple tiny plots.
Further investigation revealed that the NFTs would be implemented so that confirmed owners would get an airdrop for every winning shot made during the tournament’s 600 matches.
Metaverse
Among other things, this airdrop would feature a film of the point, virtual wearables, and Australian Open goods.
The historic event will also include an online competition on the well-known metaverse platform, Decentraland.
As the competition approaches its start date of January 17, fans may virtually join in an AO Decentraland worldwide party, which would be a three-dimensional VR platform that would allow tennis fans to scout the Australian Open.
Physical attendance at events such as the Australian Open has been difficult because of the Covid-19 pandemic, which has brought the globe to a halt. This has obviously resulted in the emergence of virtual events and locations all over the world.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
Coincu News
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