The Rise of Sports NFT Trading Cards: How They’re Changing the Collecting Experience
The collecting craze has gone digital, and the world of sports is no exception. The intersection between blockchain and non-fungible tokens (NFTs) has enabled a new wave of collectibles to emerge, leveraging the immutable nature of a blockchain ledger to create digital scarcity, transparency and trust in each unique card or token. These new NFTs have created fantastic experiences for sports fans, but there is room for further adoption. Let’s explore how these new NFTs are changing the way we collect, trade and view rare physical sports memorabilia.
Problem with physical cards
In the digital age, physical sports trading cards are a cumbersome relic of the past. The physical nature of the cards is what makes them so vulnerable to damage. In addition, they require maintenance and organization. In addition, cards often come in packs with collection boxes, sleeves and displays. This requires a certain amount of financial commitment just to acquire the cards yourself. While high-end cards can be quite valuable, the cost-per-game ratio is significantly higher than digital collectibles. So if you want to experiment with new trading card games, you either have to pay a high upfront fee or risk damaging your cards. The same problems also plague physical board games.
NFT cards are immutable and accessible
The fact that NFT cards exist on distributed networks means that they are fully immutable. This means that once a person acquires a card, it cannot be edited or tampered with in any way. This is perfect for trading cards that are bought and sold frequently. This also makes it easy to track and identify which cards a particular user owns. Because cards are decentralized assets that reside on the blockchain, it’s easy to send them to friends and colleagues from any device. NFT cards do not require any maintenance or upkeep and they do not need to be kept in a safe place. In addition, the quality of the physical cards correlates to the price. So if you want to make your card set expensive, you can make high quality trading cards.
NFT card games are highly interoperable
Because NFT cards are digital assets that are interoperable, they help break down the wall between different card games. For example, if you are a fan of WWE sports games but have wanted to play with other people, you are out of luck. Because the WWE game is proprietary and has no interoperability, you’ll have a hard time finding people to play with. This is not the case with NFT cards. Because they are fully compatible between different games, you can easily find others to play against, with no problems at all. This makes NFT cards an excellent investment because they can be used across multiple games by different creators. This also makes the cards cheaper for consumers because they do not need to buy multiple sets.
NFT card has confirmed ownership
Finally, NFT cards have confirmed ownership. This means that you know without a doubt that you are the true owner of the card. This solves the problem of cards being tampered with; if a card has been changed, you will be able to tell. This also helps you avoid scam companies. Because NFT cards are fully digital, you can always check the distributed ledger to make sure you are the owner of the card. This also makes it easier for you to transfer ownership of the card to others.