What should generate investment value in NFT
From last year to this year, a Lithuanian athlete named Aleksandr Sorokin has set new ultramarathon world records in three category : 100km, 12-hours, and 24-hours.
However, as with the past ultra-runners, I felt uneasy that it would not lead to Sorokin becoming richer financially, Then, I thought about how to make a drastic reform of the competition environment possible.
Blockchain is the key.
First of all, why do I think world record holders should be financially successful ?
If not, I feel that the competition itself has no dreams. I can't imagine that the humility of being satisfied with only honor will become the admiration of the next generation.
So, if you find value other than experience in endurance sports derived from track and field, isn't it the record itself ?
For example, what if there was a business that issued NFTs to athletes themselves for records officially recognized by international sports organizations ?
Even if there is an NFT that proves Sorokin's ultramarathon world record, people might not immediately see the value and want to buy straight from Sorokin. However, if Usain Bolt's world record NFT of 9.58 seconds for the 100m that Usain Bolt launched at the 2009 Berlin Olympics exists, there must be millionaires and companies who want to buy it from Bolt himself, and if the NFT of the Abebe's marathon record existed, I think that the asset value would have risen more than during his lifetime.
Even the NFT of the tweet posted by Jack Dorsey for the first time in the world was sold for 300 million yen.
In short, the idea is to use cryptocurrency technology to turn marathon results into art.
What is the difference between Van Gogh's Sunflowers and Sorokin's new world record?
It's the same in the context that a single living human being put his soul into creating it in a limited life, isn't it? Rather, sports are easier to understand than other arts in terms of proof of human achievement. Because it's numbers.
Nowadays, new pictorial art can be easily created with generative AI, but the footprints that real humans have proven by living with the will to die should never be created by AI.
And educated people or companies who can imagine and feel what kind of life was behind that number should buy the NFT from the person for speculation, appreciate it, or use it for advertising.
In order to make such an idea a reality, it would be necessary to take the same steps that Sen no Rikyu did to increase the cultural value of tea utensils and transform them into a means of politics during the Sengoku period. There are people who are looking for new businesses, so it would be nice if there were people who could sympathize with this idea without being bound by the common sense of the past.