NFT value of Rafael Nadal’s Australian Open winning ball up 4,000%

Deepak Gupta
Deepak Gupta February 1, 2022
Updated 2022/02/01 at 9:09 AM

Imagine you buy a product for $700 at the beginning of January. Now imagine that product ending the month costing 4,168% more, that is: US$ 8,438 dollars. A wonder, isn’t it? For a buyer of a ball from Australian Tennis Open, Australian Open, sold as NFT before the start of the tournament, he was lucky enough to buy the winning ball from Rafael Nadal.

Balls sold and associated with the court

Initially, the balls sold as NFT at the metaverse of Australian Open 2022 they had nothing special apart from their special paint job. Their “show” would be later, during the tournament. The organization of australian open would associate the winning point of each ball in real life with one of the balls in the NFT. On the basis of luck. So you could pay $700 and have your NFT associated with the winning point of a first-round match by mid-ranked tennis players or, as was the case with the lucky buyer, with the point they scored Rafael Nadal to be the record holder of victories in Grand Slams (biggest events in tennis). As of the time of this article, the ball remained with the same buyer.

Another ball that also valued was that of the women’s final. Ashleigh Barthy was the winner of the tournament and broke a 44-year winless fast for Australians in the competition. THE NFT associated with winning ball barthy sold for $780 and is now priced at $3,335, a gain of 1,230%.

More NFTs in tennis?

the tennis player Serena Williams, one of the greatest athletes of all time, has joined the board of directors of Sorare, a fantasy sports game that uses NFT-based cards. Williams, who is also a businesswoman, brand builder and sports and technology investor, will serve as an advisor to the board. Despite the tennis player’s arrival, Sorare is a football game where you build your team based on the player cards you have. One of the reasons for entering serene on the company’s board is to take the segment NFT for other sports. clearly the Australian Open 2022 showed that there is room for the NFT come strong in tennis.

NFTs are one of the hottest topics in technology right now and it’s been moving a lot of money these days. You can learn more about it in the video below.


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Source: Business Insider

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