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Manchester City FC Partners with Quidd to Launch New NFT Collection

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·4 min read
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Key Insights:

  • English Premier League side Manchester City FC partners with Animoca Brands subsidiary to launch a new 3-D NFT collection.

  • Manchester City FC has been a strong advocate of Web3, with a Sony partnership taking the club to the metaverse.

  • On the cusp of winning the English Premier League title, the Manchester City Fan Token (CITY) sits just behind Paris Saint-Germain, with a market cap of $29.5 million.

Manchester City Football Club is one of the leading English Premier League (EPL) sides and currently sits at the top of the table, with one game remaining. This week, City and Animoca Brands subsidiary Quidd launch a new NFT collection.

The club is a strong advocate of Web3 and is particularly active in the digital space, with plans to expand into the metaverse.

Manchester City FC and Quidd Marketplace Launch NFT Collection

On Friday, Animoca Brands announced a new collaboration between subsidiary Quidd and Manchester City FC.

Taking to Twitter, Animoca Brands tweeted,

“Tomorrow our subsidiary @quidd launches @ManCity’s Debut Collection with first-of-its-kind, fully interactive, beautifully-styled 3D cards. You don’t want to miss that!”

According to the Quidd marketplace,

“The collaboration features four drops starting on May 20th and extending through the end of the season. Fans will discover not only the 3D player cards – a first in sports collecting – but also sets that highlight major moments in the club’s recent history, with archival details found when spinning the card around to its back.”

For avid Man City fans and NFT collectors, a Signature Gold Set is also on offer. According to Quidd,

“There will also be a Man City Debut Signature Gold set, where only the top 500 ranked collectors in the Man City Debut set at exactly 11am EST / 4pm BST on Monday, May 23 will unlock 1 print of each of the 6 cards.”

 

The latest NFT collaboration follows a partnership with Sony to take Premiership football to the metaverse.

Socios Fan Tokens Enjoy a Breakout Week on Listing News

This week, Fan Tokens got a boost in response to news of  BitPanda listing seven Socios Fan Tokens on Wednesday.

Manchester City Fan Token (CITY) was one of the seven. The remaining six included Paris Saint-Germain (PSG), Juventus Fan Token (JUV), Atletico De Madrid Fan Token (ATM), Santos FC Fan Token (SANTOS), FC Porto Fan Token (PORTO), and FC Barcelona Fan Token (BAR).

Socios fan tokens are on the Chiliz (CHZ) Chain, a Proof-of-Authority Ethereum-based sidechain.

Adding to the upside for Fan Tokens were enhancements to drive fan engagement.

On Tuesday, Chiliz announced the launch of Scoville Testnet Phase 2. Key feature enhancements include the launch of PepperSwap, a decentralized exchange (DEX), and Fan Token Test Surveys.

For the fans, the Fan Token Test Survey delivers a mouth-watering prospect. The ultimate goal is for Fan Token holders to vote on club decisions.

According to CoinGecko, Paris Saint-Germain ranks #1 with a market cap of $30.06 million. Manchester City Fan Token sits at #2, with a market cap of $29.46 million.

In 7-days, Paris Saint-Germain Fan Token has surged 96.9%, with Manchester City Fan Token up 58.9%.

MarketCap Table 210522
MarketCap Table 210522

CITY Price Action

At the time of writing, CITY was down 1.09% to $7.7350. A mixed start to the day saw CITY rise to an early morning high of $7.8375 before falling to a low of $7.4725.

A move back through to $8.00 would signal another breakout day ahead. Near-term, the bulls will be eyeing a run at May’s high of $12.7700.

Price action for the weekend will be depend on tomorrow’s final game of the EPL season.

A Manchester City FC win over Steven Gerrard’s Aston Villa would seal the English Premier League title and support a weekend breakout session. A City loss and a Liverpool FC win against Wolverhampton Wanderers would give the reds the title and a shot at the much-hyped quadruple.

CITYUSD 21522 Daily Chart.
CITYUSD 21522 Daily Chart.

This article was originally posted on FX Empire

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