Muhammad Ali was one of the greatest sportsmen of all time, with a career that spanned over twenty years. Known for his showmanship and flamboyant behavior, as well as his boxing skills, Ali’s career has become a legend. After his retirement from the sport, Ali has pursued a career in acting, and has become a symbol of an activist (and a spokesperson for the Black community). Over the years, he has been awarded the peace Nobel prize, and was famously known as ‘The Greatest’ to the world.
Summary of the situation
- Legendary boxer launches his own NFT
- Why Muhammad Ali NFT?
American boxing legend Muhammad Ali has joined the endless list of celebrities who have released their own unplayable chips.
In a tweet Saturday night, Muhammad Ali announced that four of his NFT exclusives have been released on Ethernity and are live on his website.
The boxer’s memory will be honored in an NFT uniform 50 years after the fight of the century, in which the boxing icon took on Joe Frazier in New York.
Ali lost his fight against Smokin’ Joe on March 8, 1971, but won two more fights in 1974 and 1975.
The NFT is the result of a partnership between Ethernity Chain and the Muhammad Ali Center, a museum dedicated to the life and career of Ali and located in his hometown of Louisville, KY.
The chip auction began on Saturday, May 1, exclusively at www.ali.com (powered by Ethernity), and a portion of the proceeds will be donated to the Muhammad Ali Center.
Why is Muhammad Ali NFT?
Nick Rose, founder and CEO of Ethernity Network, said in response to NFT’s action that the boxer has spent his entire life helping those in need and that it is Ethernity Network’s mission to focus on charitable causes with a project that has a similar focus, so the partnership with Ali is a natural one.
Raf Grassetti, the artist, said Ali has inspired his personal and professional life, and that of many others. Therefore, he is honored to celebrate the life of the legendary boxer and work with new technologies.
Etherium called the token the first historically significant NFT.
The burgeoning NFT trend continues to flourish. NFTs are digital assets that represent a wide range of unique tangible and intangible objects, from sports cards to virtual real estate.
Recently, the NFT space received a boost when Binance, the largest cryptocurrency exchange, announced that it would be opening its NFT marketplace to its more than 50 million users later this year, who will then be able to trade NFTs as they do their cryptocurrencies.
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