The Kunlun Battle and Chan FC World Fighting Championship in Dubai ended completely on June 25, 2022. The tournament was sponsored by CoinW,
CoinW's Limited Global Fighting Champion NFTs are now available on OpenSea
The battle of Kunlun and the Chan FC World Fighting Championship in Dubai completely ended on June 25, 2022. The tournament was sponsored by CoinW, the world’s leading cryptocurrency exchange, and brought together world-famous fighters to provide fighting fans with a frightening atmosphere. . After the competition, CoinW and Kunlun fight limited co-branded NFTs were officially launched on Opensea, leading to a rush of purchases by users.
A collection of world-class fighting moments:
According to the official introduction by CoinW, the NFT content for sale is a compilation of live moments from the Kunlun Fight, including famous Thai action actor and international Asian action star Tony Jaa, WPMF Intercontinental Gold Belt, Muay Thai and WMO World Gold Belt, Jérémy Payt. The eight world-class combat heroes were in a fight.
OpenSea is the world's first and largest NFT trading platform, which accounts for nearly 97% of the NFT trading market share. The selection of CoinW and Kunlun Fight co-branded for sale at Opensea also ensures the liquidity of these limited co-branded NFTs. More importantly, these limited co-branded NFTs have been licensed by Kunlun Fight officials and the participants themselves, which can guarantee the value to a certain extent.
With the joint launch of NFT between CoinW and Kunlun Fight, sports fans can engage more with the crypto space on a more personal level. It puts the cryptocurrency in front of millions of fans around the world with increased exposure to both areas.
“NFT + Sports” is growing hugely here and the exploration of “NFT + Sports” has already begun. At present, NFT has been widely used in various fields of the sports industry, and there are many organizations, companies and sports stars who have entered the NFT space.
The NBA is perhaps the first institution in the competition. Early in 2019, the NBA launched the NBA TOP SHOT card collecting game. Players only need to buy card packs, and you can randomly get NBA game highlights in the NFT card. Then, Sorare Football Stadium, UFC's NFT UFC STRIKE, Delta Time in Formula 1, and NFL All Day were launched one by one. More and more major sporting events are joining the ranks of NFT. More sports stars are joining NFT, and it's not only a financial opportunity but also a playable fashion trend. NBA star Stephen Curry launched the NFT 2974 series last December, which sold out five minutes after it went on sale. English footballer David Beckham filed a trademark application with Metaverse and NFT on April 19, 2022.
A powerful collaboration, opening a new chapter of in-depth collaboration across the industry:
Naming the Kunlun Fighting World Championship is also another initiative in the internationalization of the CoinW brand after the successful landing of the La Liga stadium announcement. The first is Kunlun Fight, which leads the global fighting development trend with high-quality competition standards, and the other is CoinW, which is committed to leading the new trend crypto-asset industry. A strong collaboration between two industry leaders opens a new page of in-depth collaboration across the industry. After massive successive operations, CoinW has become one of the cryptocurrency brands that actively participate in sporting events on the basis of global compliance operations.
As the exchange brand that first sponsored Kunlun Fight, CoinW, which was founded in 2017, has been deeply involved in the crypto industry for many years at an early age and is well known for its reputation. It has more than 30 security and risk control self-research procedures, and also cooperates with Knowtronics, Ari, yun and Amazon, with a total of more than 100 security and risk control measures. With strict technical standards and multiple risk control system support, it provides professional, secure and stable digital asset trading services to global users. In addition, CoinW is also collaborating with Hyper pay, a multi-environment digital asset wallet, to build the HyperLab Digital Wallet Security Lab, which is dedicated to developing various border security technologies for digital wallets to ensure the overall security of the platform's funds and users' funds.
The "NFT + Sports" trend has also attracted the attention of Deloitte and PwC, the world's four largest management consulting firms. In its "Sports Industry Statistics" report released in March of this year, the PwC indicated that the most important trends in the sports industry in 2022 will revolve around the NFT. On the other hand, Deloitte said in its forecast report in March of this year that sports NFT will exceed $2 billion in total sales in 2022. By the end of 2022, the audience for cryptocurrency holdings is expected to grow by 5 million.
The essence of competitive sport is competition. Athletes continue to surpass themselves and present a wonderful spectacle, and these wonderful moments deserve to be remembered by history. By throwing great moments into the NFT, sports fans can collect them forever and create more business opportunities for the event, and it is expected that the association between major sporting events and NFT will be more common in the future.
A professional technical and economic analyst in global financial markets since 2004. He holds a Master’s in Business Administration from the American University in Cairo. He works as an economic writer and technical analyst for many international financial companies. He writes daily economic and technical analyzes for many Arabic and English websites specialized in the field of stock exchanges and financial markets.
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