Esports arena: The long-term benefits of NFTs for sports and esports teams

Lars Rensing, CEO of enterprise blockchain solutions provider Protokol, returns with his thoughts on how sports and esports teams can take full advantage of the NFT craze

The NFT phenomenon of 2021 has meant that most sports and esports organisations have had to gain a basic understanding of these unique digital assets. However, the term NFT is overused, and crucially, misused. NFTs are mostly perceived as an extension of cryptocurrencies, which can provide short-term gains through creating and selling them. However, viewing…

Blockchain | Cryptocurrency | esports | esports | NFT | Protokol