Five-time Ballon d’Or winner Cristiano Ronaldo is set to delight fans with his fourth NFT collection on the Binance NFT Marketplace, despite facing a $1 billion class-action lawsuit for allegedly promoting unregistered securities.
Ronaldo’s latest NFT collection will launch on May 29, 2024, exclusively on Binance, celebrating the football star’s legendary career by highlighting key moments and iconic goals. The collection aims to offer fans and NFT enthusiasts a unique opportunity to relive Ronaldo’s remarkable journey digitally. In a blog post, Ronaldo shared his excitement, stating, “My football journey has seen me travel around the world, and I’ve been honored to play for some of the most prestigious clubs out there. Now it’s your turn to join me on that journey too.”
While specific details such as the total number of NFTs remain undisclosed, the announcement confirmed that the price for each “normal NFT” will be uniform, with “Super Rare” and “Super Super Rare” NFTs varying in price.
However, this launch comes amid ongoing legal issues. Ronaldo is facing a $1 billion lawsuit from investors who claim he promoted unregistered securities through Binance, resulting in significant financial losses. The plaintiffs allege that Binance used Ronaldo’s massive influence, reaching his 850 million followers across social media, to attract new users and entice them into buying unregistered securities. The lawsuit is still developing, with unconventional methods being used to serve Ronaldo due to the elusive nature of his residence.
Despite these legal challenges, Ronaldo’s previous NFT collections have offered fans real-world perks, such as one-on-one training sessions and signed merchandise. His continued collaboration with Binance underscores his commitment to engaging with fans through innovative digital experiences, even as the legal battle unfolds.
