Sports Memorabilia Industry Rises Again in the Digital World; Sports NFTs transitions from trading cards to digital video: Market Decipher
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"Dramatic surge in interest towards collectibles has boosted the sports memorabilia demand, which has skyrocketed with digitalization (fuelled by the Covid outbreak) and easy access to collectibles through legit online platforms. Online sales of sports collectibles have resulted in huge potential for grading companies. NFT sports collectibles are gaining ground rising swiftly alongside physical memorabilia. The chance for fans to acquire licensed digital media of their favourite sports moments is likely to cement non-fungible tokens' place in the sports content marketplace. China and India are among the hottest emerging markets in the sports card industry, offering lucrative opportunities for the industry to expand."
Trending Sports Boost Memorabilia Market
Most sports related NFT activity in 2022 is likely to take place in sports with large fan bases and revenues, namely, football (soccer), basketball, baseball, American football, and ice hockey. All sports are likely to have some form of NFT offering over time. These can be to commemorate a single event, be it a Formula 1 driver attaining a record number of world championships or a football player scoring their hundredth international goal.
Sales Insight of Sports Memorabilia Industry Products
Memorabilia authenticators
Memorabilia authenticators are the agency that verifies the originality of the collectible and adds credibility to the collectible, thereby increasing its price. Hence, it is one of the most crucial aspects of the industry. Recognized sports memorabilia authenticators include:
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Key Stats
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Top Memorabilia Products Researched
Research Analysis by Sports
Industry Breakdown by Major Sports League
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Key Report Takeaways:
Detailed research can be procured at Sports Collectibles and Memorabilia Market
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