May be need to pay attention to whether Money Transmitter License and BitLicense，Qualified institutions issue smart contract audit reports..
Taking NFT, a type of sports digital asset, as an example, many countries have not issued special laws and regulations to regulate NFT, nor prohibit the development of NFT;
When the characteristics of NFT meet the characteristics of securities, digital tokens, etc., it needs to be regulated by relevant laws.
You need to register a MetaMask wallet or Coinbase, register as a Web3 developer at https://cloud.google.com/application/web3/, receive faucet test tokens every day, and learn and practice according to the documents. or
https://chainide.com/s/dashboard/projects or https://chainide.com/s/flow/ba386616deda4058871d00c0b54d3680?open=welcome&type=welcome
What competitions are there for virtual taekwondo?
1. Olympic e-sports series
2023 Olympic e-sports series: Nigel Tan won the title of “Virtual Taekwondo”, and Chinese taekwondo athlete Wu Jingyu won the bronze medal.
In 2025, the first Olympic e-sports games will be held in Saudi Arabia, and virtual taekwondo will be an official event
2. World Virtual Taekwondo Championships hosted by the World Taekwondo Federation
The World Virtual Taekwondo Championships was held in Singapore in November 2024
3. Virtual Taekwondo Championships were held in Shanghai, Fujian, Jiangsu and other provinces and cities in China
Shanghai held its first virtual taekwondo championship in May 2024, Fujian Province held a virtual taekwondo championship in December 2024, and Jiangsu held a virtual taekwondo championship in January 2025
4. There is a virtual taekwondo event at the 2024 US National Taekwondo Championships
What specifications of virtual taekwondo competitions can I participate in?
1. To participate in the international and world virtual taekwondo championships, you need an international athlete registration certificate, approved by the national taekwondo association of your country, and represent your country after selection.
2. To participate in the provincial and municipal virtual taekwondo competitions in your country, the authorized virtual taekwondo agent and the taekwondo associations that host the competitions jointly announce the competition rules, and you can sign up to participate. After participating in the provincial and municipal virtual taekwondo competitions, you are eligible to participate in the national virtual taekwondo competitions.
Virtual fighting (virtual boxing, virtual kickboxing) events are not currently included in official virtual competitions.
The immutable and trustworthy features of blockchain technology are widely used in the sports industry, and are currently mainly reflected in three aspects:
First, sports data rights confirmation. Similar to the blockchain trophies and blockchain badges of the European Cup and the Olympics; in addition, it can also be used to eliminate scalpers and fake tickets, trace the source of sports souvenirs, disclose sports lottery data, and sports copyrights.
Second, fan token issuance. Fans can gain power by holding tokens to increase the cohesion and influence of fans and teams. At present, European football clubs such as Manchester United, Barcelona, Juventus, AC Milan, and Paris Saint-Germain have issued their own fan tokens.
Third, sports NFTs. For example, the American professional basketball league NBA (hereinafter referred to as the NBA) has teamed up with Dapper Labs to create the blockchain collection game platform NBA TOP SHOT, turning the wonderful moments in NBA games into digital collectibles NFTs that can be owned forever. Currently, NBA TOP SHOT has more than 800,000 registered accounts, and about 338,000 customers have purchased at least one set of NFTs.
The use of blockchain technology in the sports industry is still in its early stages and no unified technical standards have yet been formed.
China’s Zhejiang province unveils first digital sports mascot group standard for 2024.
Simple sports digital assets are NFTs.Sports NFTs are sold using ERC-721/ERC-1155 contracts and can be published on NFT trading markets OpenSea or Rarible etc..
The 2022 Winter Olympics mascot “Bing Dwen Dwen” was sold out. It’s not just the mascot that is also popular. The officially licensed Play To Earn mobile game “Olympic Games Jam: Beijing 2022” released by the ecological team nwayplay on the Flow blockchain and the International Olympic Committee has also attracted many fans.
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