Euro 2020 Launches FootballCoin Fantasy Sports With Collectable NFTs and XFC Prizes
Football Coin is all set to host the football contest. This will be coinciding with the different matches in the Euro2020 of the UEFA. Those who participate have the opportunity to win real prizes when using the NFT collectible cards and free cards of the players who take part in the European Championship.
What is NFT
NFT is a term that has been around for quite some time now. This was one of the buzzwords of the whole of last year. The popularity of cryptocurrency and NFT is rising with the passing of time. This technology has been utilized by FootballCoin for more than 4 years now.
NFT is ‘Non-fungible token’. These are tokens considered ‘unique’ and these exist only in the digital form. They can be used only once. In short, there is a limited supply of these tokens. They are different from Dogecoin, Ethereum or Bitcoin. Each NFT is rare and unique, while each BTC is the same. Some examples of NFT are the art works transcribed to the digital form or the football cards of fantasy like in FootballCoin.
Humans have a desire to collect rare items and NFT plays on this desire. There are numerous examples, like old cards of baseball, unique stamps, vinyl records that are out of print. All of these are traded for huge sums of money.
NFT is a reflection of the digital age. Besides being rare, these digital tokens need to be considered for their utility. In FootballCoin, The stadium cards and the NFT player are linked to the game’s functionality. These can be leased, used or even traded. The NFT of the FootballCoin has a purpose and is used as a valuable item.
FootballCoin brings NFT to Euro2020
The Euro2020 is considered to be the greatest sporting event globally. Due to the pandemic and the ongoing health crisis, this event will be taking place in 2021 instead of 2020.
Euro2020 includes 24 national teams of Europe. These are, further, divided into 6 groups. FootballCoin will include all the matches of Euro2020 in the official roster of the football contests. The users can host private contests. Updates and improvements to this game will be included.
The player card and stadium card of the NFT of FootballCoin can be used in these tournaments. This means, the digital tokens will represent the premium players.
FootballCoin plans to release new NFT player packs. These will include the top player. The users will be receiving a mystery selection of cards once they acquire the cards. This announcement will be made before. The cards that are received in the pack enter the user’s ownership upon the purchase. These cards can be used for selling or even for use in the different contests. These actions can be beneficial for the users.
FootballCoin is considered to be one of the most complex games of the fantasy football played online. This has also been the pathfinder in the world of crypto. This has made the connection between blockchain technology and professional sports.
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