Swiss investment bank Credit Suisse and the Swiss Football Association (SFA) are collaborating to launch a special collection of digital assets called non-fungible tokens (NFTs) to show support for women’s football.
As per a statement released by the organizations, the collection includes a set of digital portraits representing the players of the Swiss Women’s National Team. All the funds generated from the sale of these digital assets will be given to the team, along with other organizations focused on empowering women in football.
A total of 756 non-fungible tokens (NFTs) will be created on the Ethereum blockchain and will go on sale on July 11 through CSX, which is Credit Suisse’s digital banking application.
Furthermore, the NFTs will be available for purchase in three different tiers, with prices ranging from 150 to 10,000 Swiss francs, which is approximately $167 to $11,000. Each package offers unique advantages such as a physical artwork representation, an opportunity to meet the players in person, and a signed jersey.
Sandra Caviezel, the head of partnerships and sponsorship at Credit Suisse, expressed her anticipation, as mentioned in a press release, of leveraging NFTs as a means of funding to support the advancement of women’s football throughout Switzerland.
The convergence of sports and NFTs is witnessing an expanding trend, with well-established brands and teams embracing Web3 technology. One area of notable interest is women’s football, which has gained significant attention. In a similar vein, just last month, FC Barcelona, a renowned Spanish football team, collaborated with the popular NFT collection known as World of Women to unveil a digital artwork that celebrates the achievements of their star player, Alexia Putellas.
