RealFevr nets US$1.5 million

 In Football business, News, SME, Start-Up

The Lisbon-based Portuguese startup RealFevr has bagged US$1.5 million (€1.2 million) from the sale of non-fungible token (NFT).

RealFevr is composed of two dynamic components: the fantasy football leagues and the collectibles marketplace, that are united through $FEVR — the token that unlocks all incentives within its ecosystem.
The main goal of the FEVR token is to open the door to web3, where the user, is the central piece of the network and the main beneficiary of RealFevr’s products. In sum, $FEVR is a gateway to RealFevr’s packs of “football everlasting moments”, clubs launchpad, subscription pools, token leagues, and every other feature to be releases in the future.
By using the Fevr token, football fans can collect, borrow and lend digital collectibles fully backed by Intellectual Property.
The startup RealFevr says it has seen a huge growth since it was set up in 2015 and the fact that it sold 75,000 NFTs which were made available on 12 August within 24 hours demonstrates the demand and its success.
“In just one minute around 5,000 “super rare packs” of these NFTs sold in just a minute; 14,000 rare packs sold in four minutes; and around 55,000 standard packs were sold in 27 hours after going on sale to the public.
Frederico Antunes says the success of the sale of these NFTs represents an “historic moment, not just for RealFevr, but also for Portugal”.
“It is evident proof that Portuguese companies can compete internationally at the highest level and with absolutely amazing results,” he stresses.

What are NFGs?

NFTs are digital files — with a digital property status — created from blockchain technology which corresponds to images, very often artistic ones, short texts or videos which offer added value. In other words they are unique digital “pieces” that can be everlasting. RealFevr focus on selling NFTs linked to football.
In the latest sale of NFTs, exclusive moments from footballers such as Cristiano Ronaldo, Ángel Di María, Bruno Fernandes, Casemiro or Deco were offered. The most sought after NFT was one which starred the Portuguese Manchester United football player Bruno Fernandes with an offside goal when he was still playing for Sporting.