On its 115th Anniversary, the Chivas de Guadalajara, one of the most iconic teams in Mexico, joins the Non-Fungible Tokens (NFT) fever with an art contest about the team and auctions for altruistic purposes.
The Club Deportivo de Guadalajara announced that it will explore the growing culture of digital art through NFTs , digital assets that allow you to acquire, sell and easily possess a virtual or physical property, such as oil paintings.
For the celebration, the Club has designed eleven digital works that immortalize the Chivas Rayadas career , which will be auctioned from June 7, in the first stage. The winning work of the competition will join the auction together with the official NFTs later.
The call for the design competition will be open from May 24 to anyone of the world that wishes to participate and that has “the interest and talent to create a work that reflects the spirit of the Club Deportivo de Guadalajara”.
The innovative spirit of Club Deportivo Guadalajara, motivated by the nascent ecosystem of NFTs in sport, seeks to immortalize and commemorate the most iconic moments that have lived with their fans in these 115 years of life, making them part of this great celebration .
Club Deportivo Guadalajara Chivas Rayadas, Press Release.
How to participate in the Chivas art contest
The call to participate in the Chivas contest Supports drawing, photography, collage, animation and GIF, with original unpublished material.
The winning artist will receive 50% of the profits achieved after the auction, the rest will be donated for altruistic purposes to the Jorge Vergara Foundation.
Participants must publish their work on Twitter or Instagram, with the hashtag # ChivasNFT . The submission of works to the contest ends on June 13 at 23:59:59 CST.
One day later, the evaluation of the works by the judges begins. Its decision will be communicated on June 21. The winner must deliver the work in the format indicated in the call that same day to be included in the official auction that will end on July 9.
Chivas de Guadalajara in NFT thanks to Avalanche and Avocado Blockchain
The president of the Sports Club, Amaury Vergara hopes that with “the ecosystem of NFT and digital collectibles in Mexico in full maturity ”, they can approach ‘digitally’ the fans of the team, both in Mexico and in other countries.
The NFTs that will put the Chivas de Guadalajara up for auction will be implemented by the technology firm Avocado Blockchain Services , in Avalanche, an open source blockchain platform.
Avalanche, meanwhile, allows developers to deploy smart contracts on your network, making it possible to create tokens, variable capitalization assets, and non-fungible tokens.
June could be an important month for the NFT market
June could be an important month for the NFT market, with several projects on the horizon including the inauguration of Binance NFT, integrations in important social networks such as Instagram in Creator’s Week.
Likewise, the American producer Fox, revealed that it has plans to create its own NFT market for the Ricky & Morty series.
The NFTs They are also becoming increasingly important in sports, especially in football. Already in April, CriptoNoticias announced that the Mexican League could also launch its non-fungible tokens for the start of the 2021-2022 season .
The same has happened in other soccer teams in the world, such as Boca Juniors of Argentina, Bayern of Munich and Manchester City . Now it is the turn of Chivas, which is considered one of the soccer football teams with the largest number of fans in Mexico and the United States.
Some of the NFT collectors hope that, like works of art, these tokens become more valuable over time. Recently, Coingecko revealed that the capitalization of NFTs reached USD 23 billion.
