A fan's huge investment in a digital card from Florian Wirtz has been ruined because of bad timing and financial ramifications.
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| Florian Wirtz |
To far, Florian Wirtz has been a standout performer for Leverkusen, and his performances have piqued the interest of elite clubs as well as fantasy football teams.
Wirtz's NFT card cost a fan 214,215.12 euros to buy on the fantasy sports website "Sorare." However, looking back, the timing for the purchase could not have been worse. After Bayer 04's player was injured, an investment was made in the company.
Wirtz was carried off the field on a stretcher during the Bayer Leverkusen-FC Köln derby on Sunday. He was laying on the ground with a pained countenance. Wirtz tore the anterior cruciate ligament in his left knee, which was confirmed by the first assumptions.
"Non-Fungible Token" is the acronym NFT. They become one-of-a-kind virtual collectibles thanks to the blockchain technology that underpins popular crypto-currencies like bitcoin and ethereum. Everything from a picture to a song to a movie may be used as an NFT.
Sorare, a fantasy football management game, is based on it as well. To assemble a virtual soccer squad, the Ethereum cryptocurrency is used to sell and auction off the digital cards representing the players' NFTs. The owner of the squad may earn rewards by collecting points based on the real-world performance of his or her players.
NFTs are available in a variety of editions for players. From a limited run of only a few hundred to one-of-a-kind cards. To put it simply, the rarer a card is, the more it costs.
This season's special ticket for Bayer 04 superstar Philipp Wirtz cost a pretty penny since the ticket price is tied to Wirtz's actual on-field performance, and he has 17 points so far. The auction is one of the most costly on the marketplace, according to Sorare.
It's a terrible time to make such a large purchase. Wirtz will miss the remainder of the season because of an injury, which will lower the worth of the card.