The inaugural CR7 nonfungible token (NFT) collection consists of seven animated statues designed with four rarity levels. Every statue in this collection represents iconic moments in Ronaldo’s life and career. Binance crypto exchange has announced the introduction of its first Cristiano Ronaldo NFT collection. The CR7 NFT collection will become available on November 18, 2022.
Earlier in June, Binance announced a multi-year partnership with the football legend. This partnership hoped to leverage Ronaldo’s popularity to introduce Web3 to a new audience base.
Based on a statement by He Yi, Binance co-founder and Chief Marketing Officer, the crypto exchange is convinced that the metaverse and blockchain represent the future of the internet. Yi noted the company’s delight in the partnership with Cristiano to assist more people to understand what blockchain technology is all about.
Yi thinks that the partnership will also enable Binance to display how it is developing Web3 infrastructure for the sports and entertainment sector.
On his part, Ronaldo noted that it was crucial for him to do something for the fans given the role of his fans in his success. He stated:
“With Binance, I was able to make something that not only captures the passion of the game but rewards fans for all the years of support.”
Features Of The CR7 NFT Collection
The inaugural CR7 NFT collection consists of seven animated statues with four rarity levels: Rare (R), Super Rare (SR), Normal (N), and Super Super Rare (SSR). Every statue in this collection represents iconic moments in Ronaldo’s life and career.
Notably, this collection will be available for sale on Binance for as low as 77 BUSD for the normal rarity statues and as high as 10,000 BUSD for the SSR statues. The auction is scheduled to last for 24 hours and the nonfungible tokens will be awarded to the highest bidder.
Furthermore, every rarity level comes with some exclusive benefits, including autographed CR7 merchandise, personal messages from the football legend, unlimited access to future CR7 NFT airdrops, and a lot more. It is now expected that subsequent editions of the CR7 NFT collection will be available in early 2023.
CR7 Mystery Boxes
In the meantime, new users who complete KYC on Binance.com will get a Cristiano Ronaldo Mystery Box. The boxes are available for the first 1.5 million users to sign up with the referral ID, RONALDO. Similarly, Binance.us users will get a free NFT souvenir when their USD deposits surpass preset thresholds. Nonetheless, all CR7 NFT collections will be available exclusively on Binance.com.