Sports

Collecting goals with crypto, football’s latest money-making venture

By Carlos García

Lisbon, Sep 17 (EFE).- Real FEVR, a company based in Lisbon, has in record time become a global reference for collectors of digital ‘envelopes’ with online video memorabilia, featuring clips of the best saves or goals by football stars, all paid for with cryptocurrency. Fans the world over are forking over fortunes to own these unique historical sporting moments.

The man behind the idea is called Fred Antunes, who told EFE that in its first month, the company has already earned $1.6 million (1,015,000 euros) from the sale of virtual stickers.

Launched on August 12, the “marketplace” of the Real FEVR platform has generated $4 million in transactions.

The most expensive of all was a goal scored by Bruno Fernandes, who now stars for Manchester United, against Portimonense when he played for Sporting.

The user spent just 70 euros on virtual sticker packs and resold the video of Bruno Fernandes for $90,000.

“We have the rights to the last 22 years of the Portuguese League,” Antunes says, and now they intend to have videos of more goals from other competitions.

To access the purchase of stickers, the user has to exchange current currency, such as euros, for the platform’s cryptocurrency, called FEVR token.

In total, they have already sold 76,000 envelopes since August 12 and will soon launch an offer for another 30,000 envelopes, Antunes says.

The key is NFTs (Non-Fungible Tokens), digital assets that “allow us to create whatever we consider to have value.”

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