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1% stake in Mexican football club Necaxa to be auctioned as NFT
short by Hiral Goyal / on Tuesday, 1 June, 2021
An investor group which recently received approval to acquire 50% stake in Mexico's Club Necaxa is auctioning a 1% equity ownership in the football club as a non-fungible token (NFT). The auction will have an opening bid of $1.3 million and the winner will receive several benefits, including a permanent 1% stake and a percentage of the team's annual revenue.
read more at BloombergQuint