Tuesday, May 24, 2022
HomeCollectionThe PGA Golf Tour NFT collection will have real rewards

The PGA Golf Tour NFT collection will have real rewards

The PGA Golf Tour has entered the NFT space, opening up new revenue streams for players.

This innovative move comes as the metaverse grows and many sports leagues and businesses explore how they can join the space. Multiple deals are being finalized by the PGA Tour to make this venture possible.

image of the PGA Tour logo on a golf pitch NFT
The PGA has finalised multiple deals to enter NFT space with Sorare, Autograph and other partners.

PGA Tour entering NFT space with Sorare and Autograph

Golf.com initially announced the Golf NFT news. Golfers were made aware of the NFT venture in December and the tour has been making preparations ever since.

Players will need to “opt in” to take advantage of the new NFT economy. The NFT venture can only take place if a certain number tour players are willing to participate.

We know that the PGA Tour has reached agreements with Sorare and Autograph, two major NFT platforms. Sorare, a popular NFT trading game for fantasy football (soccer), is already in partnership with many leagues. It will now leverage the same system to play golf.

PGA Tour is also partnering with Autograph to create the NFT collection. Autograph was created by Tom Brady and will allow for the use of Tour-licensed highlights as well as data to create unique NFTs.

This exciting new venture for Golf and the NFT economy will bring new fans to the sport. They will receive royalties for NFTs and their FedEx cup ranking.

Significantly, the NFT collection will guarantee income for those PGA Tour players who opt to join and offer their name, image and likeness.

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All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.

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Henry Hicks
Henry Hickshttps://nonfungibletalk.com
NFT and Crypto Enthusiast. Loves Travelling and Exploring the Metaverse!


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