Debt-laden FC Barcelona begins selling NFTs
FC Barcelona, one of football’s biggest clubs, is auctioning off NFTs “based on some of the club’s historic moments.” Details are scarce for now, but it appears as if the club will allow fans to bid on clips of highlights in a style similar to that of NBA Top Shot. The transactions will take place through Ownix, a new Ethereum-based marketplace which will offer auctions for digital trinkets in a variety of categories. The company says that the Barcelona NFTs will be selected by a “special joint committee” and then minted, first as unique one-off auctions, and then later as a broader limited edition or collection. Ownix, which is emerging from stealth with this announcement, currently has a fairly limited selection of items to purchase, including some Squid Game and Batman-themed fan art, plus whatever the hell this is.
Barcelona’s decision to begin selling NFTs may have been prompted by the debt crisis the club is currently in, with debts reported around $1.56 billion this summer. The club’s previous leadership is accused of reckless spending on a number of players on high wages that have subsequently underperformed. This summer, the club was forced into a …read more
