Table Tennis is the latest sport to join the NFT world

World Desk Tennis (WTT) is launching the first-ever official Desk Tennis NFT completely on OpenSea.

Through the 2021 World Championship, the business arm of the Worldwide Desk Tennis Federation (ITTF) introduced its entry into the NFT market. The primary NFT is known as First Ball. Now you can bid for this piece of digital sports activities memorabilia on the favored NFT market, Opensea.

Image of the Table tennis ball NFT
First Ball is an official World Desk Tennis NFT.

Nonetheless, the ITTF has larger plans for the way forward for desk tennis. Within the announcement, Michael Brown, CEO of the ITTF, mentioned, “We’re engaged on constructing our platform so we will have our personal NFT market”. He additionally added, “The Sky’s the restrict whenever you generate a lot content material all year long”.

World Table Tennis will even launch different NFT’s in the course of the World Championships, at present going down in Houston. These NFTs will commemorate key moments from the match finals.

Apparently, WTT will settle for conventional FIAT currencies for his or her NFTs. This has been instructed to make sure that the largest desk tennis market, China, is concerned. China has banned a number of vital cryptocurrencies.

The desk tennis NFT assortment is promising, and there are actually sufficient followers worldwide to permit the gathering to develop. The information of an upcoming market can also be very promising. WTT sees this as a long-term enterprise.

Just lately, various main sports activities have entered the NFT market, together with Soccer, Tennis, Formulation One, NBA, and the NFL. Lastly, it’s no shock that different sports activities need to be part of after seeing the affect NFTs have on these markets. It is just a matter of time earlier than much more be part of the area.

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