Cristiano joins NFT Holders

Cristiano Ronaldo Joins NFT Holders: A Blockchain Football Star!

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Football superstar Cristiano Ronaldo is making good on promises to his non-fungible token (NFT) holders, despite ongoing legal efforts to bring the legendary athlete to court in the United States. Let's look at what has happened in the last 3 years leading up to this moment.


Recent developments regarding Cristiano NFT collection 2024

On January 25, cryptocurrency exchange Binance released a video of Ronaldo playing football with various fans and holders of his NFTs. Alongside Binance endorser Khaby Lame and Croatian footballer Maria Marković, Ronaldo trained with NFT holders and shared tips to enhance their game. Here is a video of Cristiano ronaldo training along side some of his NFT Binance Utility holders.

Cristiano and Binance sign NFT agreement in 2022

In 2022, the football icon signed a multi-year NFT partnership agreement and launched his first NFT collection with Binance. The deal included creating a series of NFT collections with Ronaldo and providing NFT holders exclusive interaction opportunities with the sports icon.
At that time, Ronaldo stated in a press release sent to Cointelegraph that his relationship with his fans was crucial, and the "idea of offering unprecedented experiences and access" through NFTs was something he wanted to be part of.


Cristiano continues to promote NFT in 2023 despite Lawsuit

In 2023, the footballer continued to promote NFTs with Binance, even undergoing feats like taking a lie detector test when he launched his second collection in partnership with the exchange. At that time, Ronaldo admitted to owning NFTs, and the lie detector confirmed that the athlete was telling the truth.

While some appreciated Ronaldo's involvement with Web3, others believe the football star's engagement with Binance's NFT arm allegedly promoted investments in unregistered securities on the exchange. On November 27, users filed a class-action lawsuit against Ronaldo in the United States District Court in Florida, alleging that he "actively participated in the offer and sale of unregistered securities in coordination with Binance."

Cristiano Ronaldo dificult to locate on social Media

Despite the lawsuit, Binance users faced challenges in locating and notifying Ronaldo, as his address in Saudi Arabia remains private. On January 16, the plaintiffs filed a request to employ different tactics, including sending notice via email, X (formerly Twitter), and posting on websites, arguing that it complies with international agreements.

What might happen if Cristiano Ronaldo wins his Binance Lawsuit

If Cristiano Ronaldo can sort out his issues with the Binance NFT lawsuit, his NFTs might become way more valuable. Imagine if he wins the case, it could make more people want his digital collectibles. Fans and collectors might see them as cooler and more special because he went through all that trouble and still came out on top. His sports NFTs could be like a symbol of him beating the legal stuff and still being awesome. So, if he wins, it could make his NFTs super popular and more valuable for sure!

I hope you enjoyed this news article about Cristiano Ronaldo's current legal situation regarding his involvement in Binance and the NFT collection they agreed to create and promote together.

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