Tag: sports

Necaxa's NFT: A Brilliant Move or Exploiting Fans' Passion?

Necaxa's NFT: A Brilliant Move or Exploiting Fans' Passion?

Liga MX team Necaxa is selling off 1% ownership as an NFT auction. Tickets, access, even championship rings? Sounds amazing, right? Hold on. Is this a brilliant new strategy to connect with fervent fans, or are we witnessing a digital fleecing of enthusiasm? Future of sports ownership or just a...

Necaxa's NFT Gamble Is Genius, Here's Why It Will Change Sports

Necaxa's NFT Gamble Is Genius, Here's Why It Will Change Sports

Necaxa. A Mexican soccer club. NFTs. Ownership. On the face of it, it sounds like a tech bro’s fever dream. Even worse, it would be perceived as a deeply cynical cash grab. If you go a bit below the surface, you’ll find an interesting story. Necaxa’s plan to sell 1%...

Shaq's NFT Deal: Is It Really a Win for the Little Guy?

Shaq's NFT Deal: Is It Really a Win for the Little Guy?

Shaquille O’Neal, the larger-than-life basketball legend recently settled an $11 million lawsuit with NFT investors. What’s that—day three of our celebrity endorsement backfiring series? Before we shrug this off as just another case of the rich getting richer (and then settling with the less rich), let's ask a crucial question:...