Having conquered the world of boxing, Tyson Fury has now turned to the world of collectibles, launching the world’s first boxing NFT.
For those of you unfamiliar with NFTs, it’s an acronym that stands for Non-Fungible Token and has been cited as the way forward for collectors of coveted items in the digital and non-digital world. It provides a unique digital token that cannot be replicated and often offers proof of ownership for valuable assets.
The BBC has perfectly described why NFTs are emerging as the way forward for collectors, stating: “Traditional works of art such as paintings are valuable because they are one of a kind. But digital files can be easily and indefinitely duplicated. With NFTs, artwork can be “tokenized” to create a digital certificate of ownership that can be bought and sold. “
Fury having gone through incredible battles, both inside and outside the boxing ring, the former amateur boxer has seen his fame and popularity reach unfathomable levels.
By collaborating with renowned artist George Rollo, he is offering a few of his many fans the chance to own a one-of-a-kind piece of art that will be digitally signed by the champion. As part of the launch of NFT, memorabilia and associated playing cards will also be available.
The fighter, who has defeated Vladmir Klitschko and Deontay Wilder during his rich career, also works alongside crypto experts. Fomolabs for this project.
The first NFT of this collection will be launched in the coming weeks and you can keep up to date with the latest developments by visiting the Fomolabs website.