Portuguese football icon Cristiano Ronaldo has unveiled his fourth non-fungible token (NFT) collection in collaboration with Binance, a leading cryptocurrency exchange.
Scheduled to launch on May 29th on the Binance NFT Marketplace, the new collection will pay tribute to Ronaldo’s illustrious career by featuring highlights from his journey.
The precise number of NFTs in the collection has not been disclosed yet, and the pricing details are yet to be announced. However, it has been revealed that the price will remain the same for all “Normal NFTs,” while the “final Super Rare NFT” will have a different price point.
In previous NFT events involving Cristiano Ronaldo, participants were treated to exclusive benefits beyond the digital realm. Notably, some lucky holders had the opportunity to play football with the legendary player as part of Binance’s promotional activities.
However, it is worth noting that Ronaldo faced legal issues related to his involvement with NFT collections in the past. In 2023, he was sued in a class action lawsuit filed in a Florida court, with plaintiffs claiming that he had promoted and participated in the sale of unregistered securities through Binance. The lawsuit was connected to Binance’s own legal troubles, which led to its founder, Changpeng “CZ” Zhao, being convicted for his alleged role in a money laundering scheme and serving a four-month detention sentence in April 2024.
In response to recent criticisms and allegations, Binance has strongly refuted claims made by the Wall Street Journal and defended the legitimacy of its operations. Additionally, the exchange has expressed its intent to introduce a crypto exchange-traded fund (ETF) in Hong Kong, which could potentially have a market value of around $50 billion.