NFTs & Decentraland Metaverse Coming To Melbourne January 17, 2022 | Will Tennis No. 1 Djokovic Be There?

1 min read

The use of blockchain technology by various businesses around the world is increasing, and the sports industry has recently taken a major step in that direction. The organizers of one of the world’s largest Grand Slams, the Australian Open, are embracing the blockchain.

According to the event’s organizers, the tennis tournament will be the first Grand Slam to use non-fungible tokens (NFTs). A Gizmodo story first disclosed this.

An analysis of the plans for the event revealed that NFTs would be incorporated into sports competitions in a several different ways.

First of all, the public will have access to a collection of 6,776 NFTs. This collection of NFTs has been called “ArtBall NFTs.” Additionally, there are indications that each individual ArtBall NFT will be tied to multiple small plots.

Further analysis of the organizers plans revealed that the NFTs would be designed to ensure that verified owners would get an airdrop for every winning shot made during the tournament’s 600 matches.

Among other things, this NFT airdrop will feature a film of the winning point, virtual wearables and official Australian Open merchandise.

The historic sports event will also incorporate an online competition on the popular crypto metaverse platform, Decentraland.

With the tournament scheduled to start January 17, tennis enthusiasts may join virtually in an AO Decentraland global party. This would be via a three-dimensional VR platform that would allow tennis fans various opportunities to scout the Australian Open.

The huge question right now is if tennis fans using the VR platform will be seeing defending men’s singles champion Novak Djokovic at the event. His lawyers have filed court papers challenging his deportation from Australia.

The Australian Open is not the first tennis event to embrace the blockchain. The International Tennis Federation partnered with Socios.com to launch the $DAVIS Fan Token for the World Cup of Tennis.

Physical attendance at events such as the Australian Open has been difficult because of the Covid-19 pandemic, which at times has brought the world to a halt. This has obviously resulted in virtual events becoming more prevalent all over the world.

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Image: Tennishead

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