Binance signs Cristiano Ronaldo for exclusive partnership to push NFTs

[Faisal2202]

Good new it is, it's mean we are seeing more sportsmen in the crypto field in coming years which will attract more traffic toward btc or alts, But as new traditional people come to new financing place to earn money they fell a prey of many scammers, so Binance should take some good steps to provide full crystal clear info for the newcomer, and so we should also help each other tell our friends to Be a part of this new journey

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[Wawa2013]

I guess this partnership with football legend chrstiano ronaldo was held in order reviving the NFT trend, after all it has died down, and I could guess that maybe binance has made fortune out of NFTs considering there are so many gaming NFTs that are listed in their exchange.
though it may costs fortune partnering with this football legend I could guess that was just a small fraction of binance money. But i doubt it could somehow revive NFT again.

No doubt Binance is taking advantage of Cristiano Ronaldo's popularity to entice investors to turn their attention back to NFT. The impact of the bear
market is quite large on the development of NFT, since the bear market came at the beginning of the year,  people slowly began to forget about NFT.
We know Ronaldo is a popular footballer who has very many fans around the world, it should have a huge impact on the NFT, if Ronaldo helps promote
the NFT. That's why I'm always amazed by the Binance team, they really understand how best to promote something. Even Binance dared to spend
a lot of money to partner with Ronaldo, which means that Binance is very serious about reviving NFT. No wonder the Binance exchange is still
the best, because it does have an amazing team. I believe that what Binance is planning can work out well, because it is impossible for Binance
to invite Ronaldo to partner without careful calculation.

[andyou1234]

It was a very good deal for the promotion of nft and web3s. And the best football player in the world is CR7 or goat, but the time in this deal seemed a bit wrong timing to me. Could it have had better effects if it had been done earlier? I think a lot of money was spent on this sponsorship, it seems like they could have made more money with better timing.

Agree my friend, there is a contract such as a world-class soccer player CR7, this can affect the increase in NFT demand, even when the market is cold like now, this deal must be done even though it costs a lot much due to attracting other users to be able to join and adopt binance and NFT.

[Dollar_Hunter]

Binance is very trustworthy!, it's proven that Binance still has very high confidence,
even though it's still in bear season, Binance is still making extraordinary progress, one of which is this news,
YEAH! Cristiano Ronaldo joins Binance to build NFTs, one word! amazing!

[WeedGoW]

Good new it is, it's mean we are seeing more sportsmen in the crypto field in coming years which will attract more traffic toward btc or alts, But as new traditional people come to new financing place to earn money they fell a prey of many scammers, so Binance should take some good steps to provide full crystal clear info for the newcomer, and so we should also help each other tell our friends to Be a part of this new journey

Yeah, sport or football, in this case, is very popular around the world. But I also wonder if the move between Binance and Cristiano Ronaldo, a sportsmen has any other means. For example, if Binance decides to be in sport betting, it would instantly pull a lot of gamblers into crypto as well.

[makishart]

A good sign from binance and ronaldo, im sure that when the bullish trend will come very soon and this will be giving a very big impact to the price of NFT. I meant nft needs to be boosted and this partnershil has been giving more chance for NFT to be promoted by the big guy with hundreds of millions followers on his instagram. Im still waiting for binance to create another bullish partnership. This can be considered as a good step. Binance was working fully for crypto and its platform.

[mindrust]

NFT's are such a scam even Ronaldo the original (R9) can't save them let alone the fake Ronaldo (Christiano).

So CR will create some NFT's and sell them on Binance... Obviously they ain't gonna be cheap. It  could be that some shady China-man is trying launder his money and that's the idea they came up with. This makes more sense. I wouldn't take this deal If I was CR.

[Jaered]

I would say that is a killer blow to the competition from Binance. CUZ sure knows how to deal the business hands. I noticed Binance has a heavy presence in European sports especially the beautiful game. It is already a big sponsor of SS Lazio and other football franchise. That's cool

[freedomgo]

Binance do spent a lot money here since Cristiano Ronaldo is a GOAT in football and many people who don't want watch football also know who he is. I think the NFT price would be skyrocket since there's a lot Cristiano Ronaldo fans out there, however it's just a hype and then it's will become worthless.

Time will come that it will skyrocket but not at the moment because the market is still bearish.

Binance really know how to market, they spend millions of dollars for promotion and for the expected return that is bigger than what we thought.
This is good for NFT but more on Binance, so BNB is still a great coin to invest now that it's still cheap.

[tvplus006]

Time will come that it will skyrocket but not at the moment because the market is still bearish. ..

Most fans don't know terms like bear and bull market, so they will be ready to buy NFT Cristiano Ronaldo as soon as they go on open sale. At the same time, most fans, unlike traders, will buy NFT not for speculation, but as a memory of their idol and will be regarded as a new type of collecting.

[nicedreams]

I would say that is a killer blow to the competition from Binance. CUZ sure knows how to deal the business hands. I noticed Binance has a heavy presence in European sports especially the beautiful game. It is already a big sponsor of SS Lazio and other football franchise. That's cool

Binance does look like they're trying to top over any other exchange on the market with this move, hiring Cristiano Ronaldo for their campaign. They aim for the EU zone which still has a lot of investors or higher investment power compared to other regions like North America, Latin, East Asia, MENA, SEA,...

[sunsilk]

Good luck to that partnership and I guess that will boost their NFT sales. It's better if they did signed him a contract about partnership to them directly as an exchange and not with an NFT.

But this is typical for Binance. They want to boost their sales towards NFT and that's the main purpose of it. He's Cristiano and a very popular, the goat in his own craft and sport.

[nurilham]

Most fans don't know terms like bear and bull market, so they will be ready to buy NFT Cristiano Ronaldo as soon as they go on open sale. At the same time, most fans, unlike traders, will buy NFT not for speculation, but as a memory of their idol and will be regarded as a new type of collecting.

Some fans may think as you guess. But others probably think to get a lot of money by purchasing C. Ronaldo NFTs. Everyone knows that C. Ronaldo is very famous, he is a football artist and a legend as well. Ronaldo's popularity seems like David Beckam in his era, the most popular footballer in the world. With the big name of Ronaldo, his NFTs can be very expensive in the future. Moreover, it is a rare NFT because Ronaldo didn't create his own NFTs. It is an NFT created from a collaboration between Binance and Ronaldo. It is a special NFT type.

[crzy]

This is a good partnership and we know the influence of Cristiano Ronaldo so most probably many will support his own NFT and this can also increase the number of users in Binance especially Cristiano is also promoting this exchange. A big players comes into NFT again, this can be a huge one and I can already see the success of their NFTs even on a bear market.

[poodle63]

great partnership though I doubt it gonna gets NFT trendy again, after all the trend has faded, NFT holders has realized that their so called NFT art actually retains zero values and hardly there's liquidity.
though we all know that christiano ronaldo is really famous and almost everyone knows him, doesn't mean he could magically turns NFT into a thing again, but then again at least binance tried, maybe they just really want to make christiano ronaldo NFT.

[Vaskiy]

great partnership though I doubt it gonna gets NFT trendy again, after all the trend has faded, NFT holders has realized that their so called NFT art actually retains zero values and hardly there's liquidity.
though we all know that christiano ronaldo is really famous and almost everyone knows him, doesn't mean he could magically turns NFT into a thing again, but then again at least binance tried, maybe they just really want to make christiano ronaldo NFT.

These are seasonal, because ICO came and it profited certain group of people and later it vanished. Same as that several forms of development/market making took place. Right now it is NFT, the hype profited a good number of users. Now people are aware and the real-time value addition to NFT isn't that good in the market. Some NFTs were created without any purpose. Binance once again trying to give the hype and make a big market with the partnership. This partnership and NFT of Christiano Ronaldo which will be planned by Binance will be a success, but not the entire NFT market.

[fedelowe]

Binance is announcing an exclusive, multi-year NFT partnership with Portuguese footballing legend Cristiano Ronaldo. Through this partnership, Binance will launch a global promotion aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs.

Over the course of the agreement, Binance and Cristiano Ronaldo will create a series of NFT collections for sale exclusively on the Binance NFT platform. The first NFT collection will be released later this year and feature designs created in collaboration with Ronaldo.
The Cristiano Ronaldo NFT collections will be available exclusively on Binance NFT at www.binance.com/en/nft/home.
Source: https://www.binance.com/en/support/announcement/c91e9b1c1492456f9909e16f2ff3427e

https://i.imgur.com/YY2nVKN.png
https://twitter.com/binance/status/1539969367726620674

there was a lot of people who said that nft hype is dying, but its alive

[tvplus006]

...though we all know that christiano ronaldo is really famous and almost everyone knows him, doesn't mean he could magically turns NFT into a thing again, but then again at least binance tried, maybe they just really want to make christiano ronaldo NFT.

A lot depends on the print run of the new NFT. It is this ratio between the number of new NFT and the number of people willing to purchase it that will determine its value. I don't know how many Binance will print them, but I can say for sure that the number of people who want to buy it will be very large, given the number of Cristiano Ronaldo fnats around the world.

[tbct_mt2]

A lot depends on the print run of the new NFT. It is this ratio between the number of new NFT and the number of people willing to purchase it that will determine its value. I don't know how many Binance will print them, but I can say for sure that the number of people who want to buy it will be very large, given the number of Cristiano Ronaldo fnats around the world.

Cristiano is one of influencers but he cooperates with Binance that is a big name in cryptocurrency industry. Binance has good platform, good reputation and very creative with development, marketing strategies.

Binance creates good products that contribute real valuable things for society. They create values not create something get hype in short term and run with money. When you build products, you should build strong ones that can last with time. Cristiano is one of people will help Binance spreads their products to more people globally. NFT is one of Binance products and their parnership with Cristiano will not only help Binance NFT but also other products built by Binance.

[jostorres]

Honestly until now I don't see any good future for NFT's projects.  Maybe what CR7 has been doing in collaboration with Binance can be a good first step and I hope that this can be a form of cooperation for the application of NFT's technology in several lines in the future.

What about some of the nft play to earn games? And there's also gambling sites that are lately supporting nft's. Some of them are very promising that they seem to have a brighter future than the rest. I suggest try to take time and look for them instead only of judging based on what others are saying.

Popular personalities like ronaldo is a good help to spread the awareness not only in the nft scene but also in the overall crypto since nft's are still a part of it and it uses some of its technologies although I don't consider this as first or like you said as a first step since there's also famous celebs before and as well as big companies that have joined nft.