Liverpool Football NFT Launch | Buy Player Unknown, Animated Token Release March 30 On Controversial Polygon Network

1 min read

Premier League club Liverpool FC, could earn more than £8.5 million from their non-fungible token (NFT) sales after becoming the latest sports franchise to venture into the NFT cryptocurrency space.

In the club’s announcement on Thursday that quickly attracted scorn on social media, Liverpool FC said the “LFC Heroes Club” will give fans the opportunity to purchase animated, cartoon-style digital artwork of 23 players and manager Jurgen Klopp. Liverpool fans may be left wondering why the club chose to launch animated tokens instead of video highlight NFTs which have become more popular recently.

The inaugural launch starts on March 30 and ends on April 1. This sale will be led by auctioneer Sotheby’s and managed by Polygon, a technology company that claims to use “energy-efficient” blockchain networks.

However, World Wildlife Fund (WWF) was forced to withdraw a set of NFTs that used the Polygon blockchain last month after some fierce backlash from environmental activists, who strongly disputed Polygon’s efficiency claims.

One area of the Liverpool NFT offer is called the “Hero Edition”. In this category, there will be 171,072 unique images available costing $75 (roughly £57) each. There will be 23 player NFTs plus Klopp having 7,128 unique customizations each. If all the NFTs made available are purchased, the club stands to bring in nearly £10 million, with 10 per cent of that being donated to the LFC Foundation.

Any unsold NFTs will be taken out of circulation.

Liverpool supporters may also wonder about the player mystery surrounding the NFT launch. Fans will not know which player image they are buying. That is set to be revealed once the purchase has been made.

There will also be a sale of 24 individual “Legendary” NFTs via auction, with 50 per cent going to the LFC Foundation. These images are like their “Hero Edition” counterparts except it sees first-team players such as Virgil van Dijk,

Image: Pixabay

Disclaimer: Although the material contained in this website was prepared based on information from public and private sources that believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and expressly disclaims any liability for the accuracy and completeness of the information contained in this website.

Via this site

Have A Story? Get Featured On Chiliznews Plus 100+ More Exclusive Crypto News Sites