Cristiano Ronaldo Trains with NFT Holders in Binance Event
Cristiano Ronaldo recently participated in a Binance event where he trained with holders of his non-fungible token (NFT). This comes at a time when the sports star is facing a lawsuit in the United States from investors seeking damages. During the event, Ronaldo played football with selected NFT holders in Lisbon, alongside Binance ambassador Khaby Lame and footballer Maria Markovic.
The Golden Ticket Experience
The event, called “Train with CR7,” gave the Golden Ticket holder and four other users the opportunity to play alongside Ronaldo. Participants had the chance to learn various football techniques, including penalty decisions, from Ronaldo and Khaby Lame.
Ronaldo’s NFT Journey
In June 2022, Ronaldo announced a multi-year NFT partnership with Binance. The former Real Madrid and Manchester United player expressed his excitement about being part of the NFT platform and bringing new experiences to his fans.
NFT Leads to Lawsuit
However, Ronaldo now faces a lawsuit in the United States over promoting the NFT with Binance. Plaintiffs claim that he participated in the sale of unregistered securities and are seeking damages of over $1 billion. The value of the NFTs dropped significantly since their initial release, leading investors to blame Ronaldo’s involvement for their losses.
Hot Take: Ronaldo’s Dual Narrative: Success on the Field, Legal Troubles off It
Cristiano Ronaldo’s recent training session with NFT holders showcased his commitment to engaging with fans and providing unique experiences. However, this positive moment contrasts sharply with the ongoing legal challenges he faces regarding his involvement in promoting NFTs. While he continues to shine as one of the greatest football players of all time, Ronaldo must also navigate the legal repercussions surrounding his partnership with Binance. This dual narrative highlights the complexities and risks associated with celebrity endorsements in the cryptocurrency world.