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Cristiano Ronaldo continues to face legal challenges as he teams up with Binance for a new NFT collection
Famous Portuguese player Cristiano Ronaldo has announced that he would be launching his fourth collection of non-fungible tokens (NFTs) in partnership with Binance.
In a recent blog post, Binance announced that they would be unveiling a collection honoring Ronaldo's legendary career on May 29 on the Binance NFT Marketplace. The collection will include memorable moments from Ronaldo's time spent playing football.
While playing football, Ronaldo "has been honored to play for some of the most prestigious clubs out there," and his path has taken him all over the globe.
"It is now my turn to embark on that journey with you as well."
New Collection's Undisclosed NFT Number
Neither the price nor the precise quantity of NFTs included in the new collection have been announced as yet.
It was noted, nevertheless, that the price for each "Normal NFT" would stay the same, but a new pricing system will be used for the collection's last Super Rare NFT.
Cristiano Ronaldo's past NFT events have included more than just digital assets; holders have also had rare chances, such a chance to play football with the great player as part of Binance promotions, among other things.
It should be mentioned, nevertheless, that the football star has been involved in legal trouble with Binance over NFT collection sales.
Ronaldo was the target of a class action lawsuit that was heard in a Florida federal court in November 2023.
Ronaldo was said to have been aware of Binance's role in the offer and sale of unregistered securities, according to the plaintiffs, who also claimed that he had conspired with Binance in this matter.
The world-famous coffee corporation Starbucks decided to end its NFT rewards program in March.
The NFT marketplace was shut down in January by game retailer GameStop, which had reduced its crypto offerings during the previous two years.
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