TechX Pakistan | Startups | FinTech | Crypto | EdTech | Reviews
Hai Khawab? To Badlo Pakistan!
Tech Geeks
No Result
View All Result
  • Home
  • News
  • Tech and Telecom
    • Startups
    • Reviews
    • Cryptocurrency
    • Technology
    • Education
    • Games
    • Apps
    • Devices
    • Shopping
    • Mobile
  • How To
  • MoU
  • Comparison
  • TechX World
Subscribe
No Result
View All Result
No Result
View All Result
Home TechX World

Binance and Ronaldo Speak About Their NFT Partnership

by Asad Hassan
June 24, 2022
in TechX World
0
Binance and Ronaldo Speak About Their NFT Partnership

Football fans will soon have the opportunity to own “an iconic piece of sports history” thanks to a collaboration between Cristiano Ronaldo and Binance.

The football phenom revealed his exclusive collaboration with Binance today. The multi-year contract, according to Ronaldo, will give fans the chance to “own an iconic piece of sports history” and take part in his Web3 community.

In a video, Ronaldo stated, “Today we are going to change the NFT game and take football to the next level.”

The Binance centralized exchange and the Binance Smart Chain are two of the largest elements of one of cryptocurrency’s largest ecosystems (BSC).

With 407 different protocols built on it and $5.92 billion in value locked, BSC is the second-most used blockchain (behind Ethereum). Binance has had trouble creating a thriving native NFT ecosystem despite these impressive metrics.

With only $79 million in total trading volume, PancakeSwap, the decentralised exchange and flagship protocol of Binance, ranks twenty out of the NFT marketplaces (OpenSea and LooksRare, two Ethereum marketplaces, have respective trading volumes of $31.24 billion and $23.23 billion).

Therefore, the alliance with Ronaldo could be interpreted as an effort by Binance to add value to BSC and start growing the NFT market share of the blockchain.

On this retweet of the official announcement, Binance CEO Changpeng Zhao “CZ” may have hinted as much: “Now, we start.” This week saw the announcement of additional noteworthy NFT partnerships, such as Pharell Williams’ recent appointment as Chief Brand Officer for the Doodles line.

To read our blog on “Terra’s new Luna Token has increased by 40% after being listed on Binance,” click here

Related Posts

A cheaper version with ads is real, confirms Netflix
Technology

A cheaper version with ads is real, confirms Netflix

June 25, 2022
In new benchmarks, the Intel Core i9-13900 engineering sample outperforms Alder Lake by 20%
Technology

In new benchmarks, the Intel Core i9-13900 engineering sample outperforms Alder Lake by 20%

June 25, 2022
Apple Music’s Student tier gets a price bump in US, Canada, and UK
TechX World

Apple Music’s Student tier is now expensive in the USA, Canada, and U.K

June 25, 2022
China has already exported 40% more automobiles in 2022
TechX World

China has already exported 40% more automobiles in 2022

June 25, 2022
A-list celebrities ditch their NFT avatars amid the crypto winter
TechX World

A-list celebrities ditch their NFT avatars amid the crypto winter

June 25, 2022
Heist of $100 million targets US crypto company Harmony
Cryptocurrency

Heist of $100 million targets US crypto company Harmony

June 25, 2022
Next Post
In Malaysia, Proton X90 Was Seen Testing

In Malaysia, Proton X90 Was Seen Testing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

This summer, the founder of Android will release a phone

This summer, the founder of Android will release a smartphone

February 22, 2022
Realme GT 2 Series Launching on January 4, Confirms Company: Here’s What We Know About the Smartphones

Realme GT 2 Series Launching on January 4, Confirms Company: Here’s What We Know About the Smartphones

December 22, 2021
Goodbye Plastic Scientists have created edible water

Goodbye Plastic, Scientists have created edible water

January 4, 2022
Google Is Cracking Down On New Phones Launching Without January To Running  Android 10

Google Is Cracking Down On New Phones Launching Without January To Running Android 10

October 11, 2019
Nothing ear (1) wireless earbuds launched at Rs 5,999, sale begins Aug 17

Nothing ear (1) wireless earbuds launched at Rs 5,999, sale begins Aug 17

July 29, 2021
Rivian Lost $1 Billion! But It Shipped Over 1,000 EVs This 2022

Rivian suffered a $1 billion loss! it shipped over 1,000 EVs in 2022

May 12, 2022
  • Privacy & Policy
  • Advertisement with us
  • About Us
  • Contact Us
  • DMCA Content Complain?
  • Mail Now: info@techx.pk

TechX Pakistan All Right Reserved © 2019.

[elfsight_facebook_chat id=”1″]
No Result
View All Result
  • Home
  • News
  • Tech and Telecom
    • Startups
    • Reviews
    • Cryptocurrency
    • Technology
    • Education
    • Games
    • Apps
    • Devices
    • Shopping
    • Mobile
  • How To
  • MoU
  • Comparison
  • TechX World

SiteLock

Go to mobile version