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Naomi Osaka shows interest in Dogecoin, launches NFT

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Naomi Osaka, a top professional tennis player , has always been open about developing and diversifying her investment options in cryptocurrency after learning about the hype surrounding Dogecoin.

Naomi Osaka, is a top professional Tennis player from Japan she has always been open about developing and diversifying her investments options in cryptocurrency after learning about the hype around Dogecoin (DOGE), which was initially conducted by Elon Musk. 

During a recent interview, Osaka stated that she has been discussing with her agent about cryptocurrencies after reading about Dogecoin and its chances to “pop up”. The tennis player wrote in Twitter’s crypto ecosystem to be the initial source of her interest in Dogecoin investments way before she mentioned this to her agent. Osaka is now the member of the nonfungible token (NFT) space by launching a collection of rare tokens before the beginning of the U.S Open tournament. 

In April, Osaka started a six-piece collection of one-of-one NFTs in collaboration with her sister, Mari Osaka collectively sold for nearly $600,000. Out of the lot, the highest purchase amount for one NFT was $200,200 which at the present stands as the most expensive sold by a professional tennis player. There is another major sport that has expressed their interest in NFT is soccer. The Paris Saint Germain Soccer team began PSG fan tokens, which started after legendary player Lionel Messi joined the club. Messi’s two-year contract with the club has now PSG token as a method of his payment.

Just like sports there are some other major brands such as Budweiser and Visa have begun to acquire NFTs as opposed to creating their own tokens. NFTs have started seeing support from major entrepreneurs such as Mark Cuban who lately invested in building “scalable AL infrastructure for NFTs.” 

Mainstream musicians such as Kings of Leon are also a part in selling NFT-based albums achieving up to $2 million in sales. Mike Shinoda from Linkin park was considered one of the earliest major label artists to release a single as an NFT. 

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