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NFTs are already gaining popularity in the sports world and the momentum is unstoppable.Here are the latest NFT sports developments real feverNFT and fantasy sports app has announced a 10 million funding round. This brings the total funding the company has raised since its inception to his 15.4 million.
Participating companies in the round include Semapa Next, Shilling Capital and Partners. RealFevr reportedly plans to use these funds to acquire more intellectual property rights and expand internationally.
In recent months, more sports-focused NFT projects have emerged. And these are not limited to soccer. We’ve seen all sorts of leagues and teams start web3 projects, from basketball to baseball. What makes this all the more impressive is that many of these developments happened during the crypto winter when many critics declared the end of the NFT space.
This was touched on by RealFevr CEO Fred Antunes in a statement about the funding round and its implications.
“Given the real market characteristics and global economic and political challenges, securing 10 million reinforces the vision we all share as a team at RealFevr.,” He said.
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*All investment/financial opinions expressed by NFT PLAZA are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
