Heavyweight Champion Tyson Fury Launches NFT with IRL Utility

Heavyweight boxing champion Tyson Fury takes his game to a new arena: non-fungible tokens. As part of the final game of his career, which takes place at Wembley Stadium against Dillian Whyte, Fury will release a 1/1 NFT commemorating his iconic strike against Deontay Wilder in 2020.

The 1/1 NFT will have several IRL utilities, including two first-tier tickets to the Whyte match, the opportunity to spend a day in-ring training with Fury, and other privileges such as breakfast with the heavyweight champion and VIP entry to pre- and post-match Fury festivities.

To help design and launch the NFT, Fury has partnered with Satoshi Sports and Space Runners. The NFT will be on sale for 48 hours starting April 19 on the Solana NFT marketplace Magic Eden.

Expectations are high for the Fury-Whyte match. And not just because it might be Fury’s last fight as a professional boxer. It will be the champion’s first time entering the ring since October 2021, when he successfully defended his WBC belt against Deontay Wilder.

Sports industry embraces Web3

Tyson Fury isn’t the first boxer to launch an NFT collection. Over the past month, Mike Tyson teamed up with Binance to launch a mystery NFT box collection where collectors had the opportunity to receive physical boxing merchandise. And boxing doesn’t have the only big names jumping into Web3.

Tampa Bay Buccaneer quarterback none other than Tom Brady has delved deep into NFTs. He co-founded the Autograph marketplace, which links leading athletes and their fans. ESPN has also signed a deal with Autograph and has launched a Tom Brady NFT collection.

Other athletes have created popular NFT collections in-game, including high-profile basketball players demonstrating their NFTs from the Bored Ape Yacht Club and Gutter Cat Gang. Some athletes have launched NFT collections, such as Josh Hart’s collection that resisted celebrity grabbing.

One of the most promising trends in NFT drops for athletes is the use of IRL tools. While sometimes as simple as signed merchandise, NFT with associated physical items can add value to the digital asset, making it easier to assess its functional value.

Time will tell how much the 1/1 Tyson Fury NFT will be worth, although it could command a high price given the number of perks available. In the meantime, expect Rarity Sniper to keep a close eye on the sports world for any NFT related developments. If one thing is certain, the web3 space shows no signs of slowing down.

Leave a Reply

Your email address will not be published.