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AC Milan Teams Up With BitMEX to Launch Its First-Ever NFT

Derivatives-focused cryptocurrency exchange, BitMEX has teamed up with AC Milan to release limited edition non-fungible tokens (NFTs). The proceeds will be used to support the non-profit organization Fondazione Milan, linked to the wider scope of the soccer club’s Corporate Responsibility and Sustainability.
The latest initiative is European soccer giant AC Milan’s first-ever NFT venture as it explores new ways to engage with its international fanbase of over 500 million people.
AC Milan’s First NFT Venture
As per the official announcement, AC Milan has unveiled a new NFT project in collaboration with BitMEX and FanSea. The club has put a limited-edition 3D NFT of a special Rossoneri jersey from South Sudan on sale. The proceeds will be directed to support the NPO’s charitable initiatives worldwide and would also include its efforts to help alleviate the humanitarian crisis in war-torn Ukraine.
The 3D NFT in question is created by a platform called FanSea with the help of susta

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