Jetcoin, the blockchain-powered sports platform, has entered into a partnership deal with Mintable, which is a reputed non-fungible token creator of the NFT tokens. It uses ERC-721 standard Ethereum tokens to create nonfungible NFT tokens that need no additional coding to be done. The most interesting part of the NFT tokens is that each token is unique in its own terms and cannot be replicated without prior permission. Thus, its value can only fluctuate in response to market fluctuations.
Commenting on this partnership, Eric Alexandre, the CEO of Jetcoin, said, “I’m very excited to be working with Mintable – it’s beyond great what it means for our talents and their ability to engage their audiences. We will be changing the entertainment industry as we know it and using blockchain to do it. Stay tuned for the upcoming NFT collectibles powered by Mintable that will tokenize and support our Jetcoin Champions.”
This partnership is focused on setting new benchmarks into the world of sports and entertainment. It will help the entertainment stars to launch their sports career in the most lucrative way. The traditional celebrity-fan relationship will get a new dimension with this partnership. From now on, the fans will get the opportunity to participate in their chosen stars’ meteoric rise actively and can also gain from the windfall. Moreover, the JET token users can also own a portion of the star’s image rights that get converted into rewards, incentives or even lifestyles lavishes.
Both the companies Jetcoin and Mintable will try in their own ways to instill blockchain technology into the sports world. With this collaboration, the duo is expected to offer unique and trackable blockchain assets to the global collectors.
Jetcoin is the very first blockchain platform of its kind that has been pioneering sports solutions to the sports talents since its inception. As such, Jetcoin has created records when Wigan athletic F.C won against Manchester city giants in the FA Emirates Cup 2018. As the Derby County Sponsorship is ending, Jetcoin has announced to be moving to another club, which is not officially announced until now.