Ronaldo Kicks Off 4th NFT Collection Despite $1B Lawsuit
Five-time Ballon d’Or soccer star Cristiano Ronaldo is treating his fans with yet another exciting NFT collection, despite ongoing efforts to indict the superstar for allegedly promoting unregistered securities and enticing unsuspecting investors through Binance.
Ronaldo’s 4th NFT Collection
Cristiano Ronaldo has announced he will kick off his fourth NFT collection in collaboration with Binance.
This new collection, set to launch on May 29 on the Binance NFT Marketplace, will celebrate Ronaldo’s legendary career by highlighting key moments from his football journey.
In a blog post, Ronaldo shared:
“My football journey has seen me travel around the world, and I’ve been honored to play for some of the most prestigious clubs out there. Now it’s your turn to join me on that journey, too.”
While specific details like the total number of NFTs have yet to be revealed, the post confirmed that the price will be consistent for every “Normal NFT.” However, pricing for the “Super Rare” and “Super Super Rare” NFTs will vary.
Ronaldo’s latest NFT collection moves to launch despite his ongoing $1 billion class action lawsuit in the US.
Ronaldo’s Legal Troubles
Following the conviction of the exchange and its founder, Changpeng “CZ” Zhao, a group of users filed a lawsuit against Ronaldo, accusing him of promoting unregistered securities and enticing unsuspecting investors.
Plaintiffs contended that Binance leveraged Ronaldo’s immense influence to reach and attract new users to the exchange, including unsuspecting investors enticed into buying unregistered securities.
The plaintiffs also claimed that Ronaldo’s massive following of 850 million people across social media platforms was instrumental in propelling Binance to greater heights. Following the initial launch of Cristiano’s NFT collection, search engine volumes for “Binance” rose to an outstanding 500%.
The case against Ronaldo is still developing. Given the elusive nature of his residence, the soccer star has yet to be served. Plaintiffs are resorting to unconventional methods, including sending social media messages and emails to Ronaldo’s current litigation counsel.
On the Flipside
Ronaldo’s previous NFT collection offered IRL perks like one-on-one training sessions and signed merch.
Super Super Rare class NFTs from Ronaldo’s third collection start at $30 apiece.
Why This Matters
Cristiano Ronaldo is one of history’s most decorated and accomplished soccer players. The new collection offers a way to engage with fans and celebrate his milestones.
Source : DailyCoin / May 27, 2024