🔷Cristiano Ronaldo's new line of digital collectibles has generated significant interest among NFT enthusiasts. The soccer icon has launched a collection of NFTs that showcase highlights and goals from his illustrious career. This second NFT collection, titled "Forever CR7: The GOAT," is now available on the Binance NFT marketplace. Non-fungible tokens (NFTs) are digital collectibles supported by blockchain technology and are typically purchased using cryptocurrencies. They provide buyers with a unique certificate of ownership and can serve as an instant liquidity instrument.

🔹Earlier this year, Ronaldo secured a deal to sell his NFT collections on Binance. The media files representing Ronaldo's goal moments, minted as NFTs in this latest collection, are categorized into several classifications, each with varying price points. Among the collection are rare collectibles such as "The Backheel" (Goal 278), "The Knuckleball" (Goal 102), and "The Game Changer" (Goal 605), each priced at USDT 30 or $30 (approximately Rs. 2,480), as noted in the collection description on Binance's blog.

🔶“For each design, there are 200 NFTs available (totaling 1,200 rare NFTs). Owners of these rare NFTs will receive a printable signed Binance x CR7 poster, a thank you message from Cristiano Ronaldo, and entry into future giveaways,” the blog highlighted.

🔸While the collection has ignited excitement among NFT fans on social media, only time will reveal how these NFTs will perform in the market. The NFT craze has experienced numerous fluctuations in the first half of 2023. Despite the volatility in the digital asset market, NFT enthusiasts have managed to keep the sector afloat during challenging times. Notably, NFT sales surged by 117 percent in February 2023, and by March, the global NFT market was valued at over $2 billion, marking a nine-month high since June of the previous year (approximately Rs. 17,200 crore).

◾️In December of last year, NFT sales had plummeted to a 16-month low. According to market research firm Technavio, the global NFT market is projected to grow by $113,933 million (around Rs. 940 crore) between 2022 and 2027. The NFT market is expected to expand at a compound annual growth rate (CAGR) of 35.02 percent over the next four years, with Asia-Pacific countries anticipated to contribute 39 percent of global market growth during this period.#NFT‬⁩ #CRISTIANORONALDO #Binance #cr7