In a move to bring together sports, philanthropy, and cutting-edge blockchain technology, travel company Staynex, an official partner of Arsenal Football Club, is set to host a charity initiative.
The focus of this event will be an auction featuring a signed team jersey, uniquely presented as a physical non-fungible token (NFT) on the DeFiSports marketplace.
The auction item is an Arsenal team jersey adorned with the autographs of all players. This distinctive NFT will have a tangible counterpart, making it an exclusive collector's piece. Bidders, including fans and collectors, will have the chance to vie for this limited edition NFT, with all proceeds earmarked for charitable causes.
This auction marks an innovative intersection of conventional sports memorabilia and the burgeoning blockchain realm. The utilization of NFTs ensures the genuineness and scarcity of the Arsenal-signed jersey, offering an indelible proof of ownership that holds considerable value within any collector's trove.
Commenting on the event, Kevin Bilal, founder and CEO of DeFiSports, said:
“DefiSports has always aligned itself with a philanthropic outlook in mind. If we can make the world a better place while revolutionizing the sports industry, then there is absolutely no reason to shy away from such a benevolent responsibility.”
For participation in the auction, enthusiasts and collectors can conveniently access the DeFiSports marketplace. If not already registered, they can create an account and navigate to the Arsenal FC Charity Auction page with bidding slated to commence on August 28.
Back in April, Arsenal announced that it has joined forces with travel company Staynex to introduce an NFT project, the ‘Arsenal Journey Pass.' This initiative provided fans with the opportunity to acquire match tickets along with luxury accommodations.
The project featured a total of 400 NFTs across two tiers: 360 in the ‘Gooner' tier offering general and club level access, and 60 in the ‘Legendary' tier granting box seat access. The campaign was conducted through Enjinstarter and commenced on April 7 via OpenSea.
Through the partnership, the cryptocurrency gambling operator aimed to collaborate with Arsenal to provide unique experiences for both the club's global fanbase and Sportsbet.io players.