IOC to release NFT Olympic badges – Bits Media

International Olympic Committee (IOC) and video game developer nWay will release a collection of non-fungible tokens (NFT), representing collectible olympic badges.

The new digital entertainment experience on the Olympic theme has become The result of the Nway licensed agreement with the IOC.

“Olympic icons were originally used as a way to identify athletes, judges and officials, But for the latter 125 years they have become part of the traditions of the Olympic Games ", – Said the managing director for working with television and marketing services of the IOC Timo Lamme (Timo Lumme). “New initiative – The natural development of this tradition ".

He explained, that everything is in the past – "From athletes to employees of the event, Journalists and spectators " – collected badges and exchanged them in the Olympic village and abroad.

Postster from the Olympic Games Lake Placis 1932 year in the form of NFT card. Picture: nway

However, at the nearest Olympic Games, the organizing committee will introduce
Numerous restrictions, caused by pandemia Covid-19, and even prohibit foreign sports fans to attend summer games in Tokyo in 2021 year. Under such circumstances, there can be no question of. Moreover, each NFT is unique, ensuring the evidence of ownership, Like his physical counterpart.

The NFT icons will be represented by the collection of the Olympic Heritage, which includes dozens of events – from games in Athens 1896 years before the Winter Olympic Games in Sochi in 2014 year.

“These NFT collecting items have a significant history – They are very good from the point of view of the collector ", – added Lamma.

Sports lovers will be able to get new NFT icons in several ways, beginning with 17 june. First of all, Having bought special "sets" on the Nway website at a price of $9 to $499 dollars, depending on their rarity.

Valdi – Olympic talisman in games 1972 year in Munich. Picture: nway

This year, a trading P2P platform will also be launched, which will allow NFT holders to trade and exchange their digital icons. After that, users will be able to get free NFT icons, when they play the new video game from Nway. The launch of this initiative is scheduled for the Winter Olympic Games 2022 year in Beijing. Another game project is already under development for Paris Games 2024 of the year.

Recall, that recently IBM technological giant and a patent platform based on the IPWE blockchain said, that they plan to release intellectual property patents in the form of non -replaceable tokens (NFT).