Atlético de Madrid and WhaleFin partner with STEPN for their Genesis NFT collection
Atlético de Madrid brings its first genesis NFT collection with WhaleFin. Both have partnered with STEPN to make the collection of 1001 NFT sneakers available to a wide user base. Those who buy these NFTs will get exclusive access to products and experiences.
STEPN, a Web3 lifestyle app, will allow users to convert their physical activities into tokens and spend them in-game or redeem them as money. The entire NFT collection is divided into three parts, as described in the table below.
|
Number of NFTs |
Category |
Details |
|
850 |
Usual |
NFTs in the Common category are named after the trophies that Atlético de Madrid have won nationally and internationally. Trophies will bear the date and place of when the trophy was won. |
|
140 |
Unusual |
These sneaker NFTs are dedicated to the stadiums of Atlético de Madrid. |
|
11 |
Rarely |
11 NFTs in the category are numbered from 1 to 11, representing the total number of players present on the field to defend the team. |
An exclusive experience that holders of these NFTs can expect to earn is a trip and ticket to watch an Atlético de Madrid match at Civitas Metropolitano. It will include a free hotel stay for the holder.
The Uncommon category gives its holders the official jersey of Atlético de Madrid. In contrast, the Rare category comes with a signed official Atlético de Madrid shirt, courtesy of the captains of the teams.
Users need to register through the WhaleFin app to get a participant ticket which is scheduled to go live on August 26, 2022. Terms and conditions for the same are expected to be published on the official website.
The first round of launch will bring 200 sneakers to the market and from that 180 will be available at WhaleFin and 20 regular NFTs will be available at STEPN for the wide user base.
Partners have announced to dedicate the 10% of profits from the sale of the NFT collection to fund the international schools that use the sport to drive change through the Fundación Atlético de Madrid.
Annabelle Huang, managing partner of Amber Group, expressed excitement on behalf of the venture and called the launch of the NFT collection a milestone for the group. Annabelle Huang added that the venture was looking to showcase the utility of NFTs online and offline by encouraging people to recognize the value of cryptocurrencies.
Mable Jiang, CRO at STEPN, said the partnership would bring a distinct experience to fans spread across the globe, highlighting that the goal was to associate the world of fitness with the Web3 realm.
Inigo Aznar, CCO of Atlético de Madrid, commented that the partnership with WhaleFin opens up many opportunities where different ways of associating with fans can be explored while discovering the unique possibilities offered by Web3.
