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CryptoFifa：Football NFT GameFi on its way to Rock the Crypto World

Published

5 years ago

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The overwhelmingly popular collections in 2021 are star cards and NFT (Non-Fungible Token), both of which entered a big bull market unexpectedly.

For investors, star cards and NFT worth paying attention in the year of 2021. A strong rise of star cards so far has been witnessed in 2021’s collectibles market. Judging from the tendency, this kind of trend is expected to be intensified and has created countless miracles. NFT, a kind of non-fungible tokens, will be ready to shine a light in 2021. Its emergence redefines that value can not only always be carried by encrypted currency, but can be carried by another new and unique media, namely cryptocurrency. Also, its trading volume has been skyrocketing. 

Then, what will happen when a collision was generated by star cards and NFTs?

1. The huge market value of the star cards

On April 27th this year, a signed rookie star card of the Los Angeles Lakers’ top star James was auctioned for a sky-high price of $5.2 million, setting a new record for the transaction price of a basketball star card. In the same way, it also happened in the field of football– the Pele Collection Card is the most valuable player card in the world, and a single card on eBay has been maintaining beyond a six digits price. What is behind the dynamics of star card prices at historically high prices is the increasingly prevalent collectibles market. It is estimated that in 2021, the annual turnover of various star cards will reach the level of tens of billions of dollars.

There is no doubt that star cards have their investment value. According to calculations by authoritative organizations, the return rate of investing in star cards reaching an astonishing 264%, while the S&P 500 index is just 102% in the same period. In the sports collectibles market, the value of its collectibles is usually proportional to the star’s fame, and the frequency of a player’s signature is inversely proportional to the value derived from him. This aspect also shows the value of the star card collection, which extends a global star card culture and is being increasingly accepted by the public.

2. Trends: Star Card + NFT + Game

With the popularity mixed by the traditional star card and NFT market, the NFT-based star card was born. The popularity of star card NFT not only stems from the underlying development of blockchain technology but the huge market of fans.

It is notable that the right to issue traditional star cards is in the hands of a few giant companies. In the field of football, the production and distribution rights of traditional football star cards are in the hands of Futera, Topps, Panini, and others. They have the right to operate diverse star cards such as the five major European football leagues and multiple national football teams. Because of this, to further expand the value of star cards, many European football giants have launched their own NFTs, enabling users to trade players’ digital cards in the form of NFTs on the blockchain. Among them, there are more recent international footballs. Superstar Bailey will launch his first NFT on May 2nd. However, the existing star card NFT projects are more limited to collection and transaction attributes, lack of gameplay, and low player interaction.

Faced with this blue ocean market, major technology companies have flown into the sports NFT market one after another. Currently, various kinds of NFT applications come into being endlessly. However, a star card + NFT + DeFi product which can satisfy all kinds of needs is still absent in the market. Under this context, CryptoFifa comes into being.

3.What is CryptoFifa?

CryptoFifa takes the football star card as an entry to show the perfect form of the star card NFT, and it will be further promoted to become a trend.

CryptoFifa, issued based on the Binance Smart Chain, is an NFT-based encrypted star card Gamefi platform. While in the NFT world, OpenSea, Sorare, Hashmasks, Gods Unchained, and other predecessors in their respective fields are still fighting alone, CryptoFifa, a latecomer, has taken the lead and started to integrate resources and to unify the sports NFT arena.

Cryptofifa, a crypto football player card Gamefi platform combines NFT, Defi features, and traditional football gameplay. The game integrates popular gameplay such as football themes, mystery packs, card trading, and event mining. Not only is it full of fun, the NFT cards and tokens obtained in the game can also be traded, allowing players to earn considerable income while playing. The platform operated on a sustainable revenue model through a stable game mechanism. In other words, the players can gain income while entertaining.

3.The Feature and Value of Cryptofifa

(1) Strong Liquidity

According to the current market condition, NFT transactions have some certain bottlenecks, which are mainly reflected in their insufficient liquidity. This pain point has plagued many NFT projects. But when it comes to CryptoFifa, there will be no shortage of liquidity.

Firstly, the CryptoFifa project takes football as an entry. Football, as the world’s largest sport, has a great number of fans and is intrinsically popular. It means that there is endless market enthusiasm and rising football superstars, with a very long game life cycle. Not to mention, the European Cup originally planned to be held last year was postponed to this summer due to the Covid-19. Fans who have been emotionally suppressed for a long time are about to usher in a “retaliatory” football spree. In addition, this European Cup will coincide with its 60th anniversary, and fans from all over the world will be gathering there. Cheer up for this super sport feast.

Secondly, to better enhance the liquidity of the NFTs, the CryptoFifa project team issued a total of 1 billion FFA based on ERC-20 as the currency for the circulation of the game. It is the token that anchors a package of high-quality NFT assets. In other words, all the expenses in the game and all bills can be settled with FFA tokens, which not only endow asset attributes but are an important support for structural form and gameplay. It is worth pointing out that to stabilize the FFA currency price, the project team promised that the total circulation of tokens in the secondary market within the first 6 months of the game will be strictly controlled within 50 million.

Thirdly, CryptoFifa will cooperate with many global leading trading platforms to boost the trading volume and liquidity of NFTs. Up to now, CryptoFifa has reached strategic cooperation with the world’s leading NFT asset trading platform to jointly build an NFT game value ecology and safeguard CryptoFifa.

(2) Game Innovation

Blind boxes have been highly sought-after in recent years because you can never know what they are after opening it. This sort of gameplay is both artistic and exploratory and has become a new decompression method and collectibles. Take the traditional star card for instance, which is usually sold in boxes or packages. There are multiple cards in one box, but there is usually a single signed star card. You never know which star the signature card will be. If you got this year’s rookie Harland, congratulations, the possibility of its appreciation is very high. This game that grows together with the stars has attracted countless fans.

Similarly, CryptoFifa uses this novel blind box card-drawing gameplay. Identity and card scarcity level, different cards have different wining rates. In addition, the platform adjusts the number, price, and other parameters of card packs to carry out the circulation index of NFT cards and FFA tokens in the overall game ecology with a macro control manner. Unlike the traditional blind box, CryptoFifa uses a gamified NFT token issuance method. In other words, what you buy may only be a token, but what you buy is a basket of top NFT assets. Therefore, it has a stronger liquidity.

To overcome the demerits of the long return period of traditional star cards, the player cards users can obtain through CryptoFifa blind box draw before the start of the game, since no one can predict the players performance before the game, as the game moves forward, these cards price will fluctuate with the performance of each athlete. If the purchased player performs well during the game, the player’s card will appreciate in real time, which will increase investor incentives accordingly and gain profit at one go.

(2) Game of Fun

For a more humane design, the design of the NFT star card takes the game and collection scenario into consideration, that is, each football layer corresponds to the casting of 100 RARE cards, 10 SPECIAL cards, and 1 UNIQUE card.

At the collection level, fans can permanently keep their favorite star cards. In addition, if users buy the cards of certain young players, if they show a better performance in the future, then a brilliant career, or even leave a permanent mark in the history of the sport, then the card value will continuously rise which will become a successful investment. For example, you are lucky enough to buy the card of Haaland, a player with great potential. As his fame rises, the price of this card will also go up.

At the game level, to ramp up the game interaction, the project team added game mining, that is, the platform regularly takes snapshots of the user’s wallet address, the user holds an encrypted star card, and the corresponding player stats, scores, team to win, users can get FFA tokens as reward proportionally. For example, Dortmund Haaland started and scored two goals to lead Dortmund to win Bayern with 2-0. Congratulations, you will receive a certain amount of FFA currency as rewards.

The game also draws on the gem synthesis upgrade gameplay in traditional games, Squad Building Challenge: The system will issue squad building tasks according to the hot events, and users can collect the required cards to synthesize higher level cards according to the requirements to get extra mining rewards.

What’s more, Throughout the game, all transactions, including player selection, point calculation, and reward distribution, will be completed through smart contracts. The game reward distribution will be utterly transparent, fair, and efficient.

5.Conclusion

To wrap up, CryptoFifa has designed a set of sophisticated game consumption incentive mechanism to maximize the interests of investors. On the one hand, unlike traditional markets that are usually opaque, these rare NFT works can be re-sold to the secondary market for revenue. On the other hand, players can also obtain income through competitions and tasks. This is the so-called Play to Earn concept CryptoFifa working so hard to achieve.

NFT is described as a special crypto asset, which is considered valuable due to its security and scarcity. Once it combined with decentralized financial products, it will release greater energy. At present, CryptoFifa has officially cooperated with FIFPro to obtain a game license for the portraiture rights of more than 1,100 players. Players mainly come from the 60 member states of the FIFPro, as well as active professional players from the top 5 football leagues in Europe. Chances are we will see the collection that can well represent this era. The star card that has been snatching up will be the CryptoFifa non-fungible token (NFT) star card in the near future.

Disclaimer

This article does not contain any financial advice. Investment can always be risky, so please think twice before you make a decision.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Loan Against Mutual Funds Eligibility Criteria: Who Can Apply

Published

32 minutes ago

on

November 7, 2025

By

In recent years, mutual funds have gained significant popularity among Indian investors as a means to build wealth over time. However, in times of urgent financial need, liquidating mutual fund investments may not be the best option. This is where a loan against mutual funds becomes an attractive alternative. By pledging mutual fund units as collateral, investors can avail quick credit without disturbing their investment portfolio. This article delves into the essential loan against mutual funds eligibility criteria and offers a detailed overview of factors influencing the process, including aspects such as the loan against mutual funds processing fees.

Understanding loan against mutual funds

A loan against mutual funds is a secured loan where borrowers pledge their mutual fund units to a lender to avail funds. This facility enables investors to borrow money while continuing to enjoy the benefits of their investment, including potential capital appreciation and dividends. Since it is collateral-backed, lenders usually offer competitive interest rates and quick disbursal.

The loan amount typically depends on the value of the pledged units called the Loan-to-Value (LTV) ratio. This ratio varies across lenders and depends on the type and tenor of the mutual fund units.

Loan against mutual funds eligibility criteria

Knowing the loan against mutual funds eligibility is crucial for investors who wish to tap their mutual fund holdings for financial needs.

1. Mutual fund type and tenure

Not all mutual fund units are eligible for loans. Generally, only equity and debt schemes with certain lock-in periods qualify. Closed-ended schemes under the lock-in period are usually ineligible. Open-ended mutual funds held in demat form or physical form can be pledged depending on the lender’s policy.

The minimum holding period requirement varies but is generally at least 3-6 months from the date of investment. This ensures that the units are adequately priced and stable.

2. Minimum investment value

Most lenders specify a minimum market value of the mutual fund units to qualify for a loan. This can range from Rs. 50,000 to Rs. 1,00,000 depending on the financial institution. Units below this value typically do not meet eligibility criteria.

3. Demat account and pledge facility

To avail a loan, the mutual fund units must ideally be held in a dematerialised (demat) account. This enables the lender to place a lien on the units electronically. Investors without a demat account may face challenges or additional steps.

4. Age and residency requirements

Applicants must be Indian residents between 21 and 60 years of age. Some financial institutions have different age caps or may specify employment status for salaried individuals or other categories.

5. Credit history and KYC compliance

While the loan is secured by mutual funds, lenders often assess the borrower’s credit history and KYC (Know Your Customer) compliance. A clean credit record helps in smoother and faster approval. KYC documents including identity proof, address proof, and PAN card must be valid and up to date.

6. Holding period and redemption restrictions

If mutual fund units have exit load charges or redemption restrictions, eligibility for loan against such units may be limited or disallowed. It is important to check scheme-specific terms.

Documents required for loan against mutual funds

Applicants need to submit essential documents which usually include:

– Valid identity proof (Aadhaar card, PAN card, passport, voter ID)

– Address proof (utility bills, Aadhaar, passport)

– Demat account statement reflecting mutual fund holdings

– Mutual fund account statement or a statement from fund house

– Recent passport size photograph

– Income proof in some cases, especially for salaried individuals

Ensuring all documents are accurate and complete speeds up the loan approval process.

Loan against mutual funds processing fees details

Financial institutions typically charge a loan against mutual funds processing fees which covers the administrative cost of sanctioning the loan. This fee varies widely among lenders but generally ranges between 0.25% and 1% of the loan amount.

Some key points regarding processing fees include:

– It is usually non-refundable even if the loan application is declined.

– Some lenders may waive off the processing fees during promotional offers.

– Fees may be deducted upfront or added to the loan amount.

– Processing fees do not include other charges like foreclosure penalty or interest on delayed payment.

Understanding the processing fees helps the borrower evaluate the overall cost of borrowing.

Benefits of loan against mutual funds

– Quick disbursal: Since the loan is secured by mutual fund units, banks and NBFCs (Non-Banking Financial Companies) usually sanction it quickly.

– Lower interest rates: Compared to unsecured loans, interest rates are typically lower, reflecting the reduced risk to lenders.

– No need to liquidate investments: Investors retain the potential benefits of their mutual fund investments.

– Flexible usage: Borrowers can use funds for any financial requirement – emergency, business expansion, education, or personal needs.

– Repayment options: Lenders generally offer flexible EMIs and loan tenures.

Limitations and risks to consider

– Market volatility: A sharp fall in mutual fund NAV can impact the LTV ratio, leading to margin calls or partial liquidation.

– Limited loan amount: The sanctioned amount depends on the mutual fund value; it may not cover large urgent requirements.

– Processing fees and other charges: Additional fees can raise the borrowing cost.

– Lock-in restrictions: Pledged units cannot be sold or redeemed till the loan is fully repaid.

Choosing the right lender for a loan against mutual funds

It is advisable to compare offers from various banks, NBFCs, and mutual fund distributor tie-ups to identify the best deal. Factors to consider include:

– Interest rates and flexible repayment terms

– Loan tenure options

– Processing fees and hidden charges

– Customer service quality

– Ease of application and disbursal speed

Some leading lenders in India offering loans against mutual funds include HDFC Bank, ICICI Bank, and Bajaj Finserv.

Conclusion

The loan against mutual funds eligibility is governed by a combination of factors including the type of mutual fund scheme, minimum investment value, applicant’s age, and KYC compliance. By understanding these criteria, investors can unlock quick liquidity without disturbing their investments. It is equally important to factor in the loan against mutual funds processing fees along with interest rates to evaluate the true cost of the loan.

This financial solution offers an effective way to manage funds during emergencies or short-term requirements while allowing investors to benefit from their mutual fund holdings.

For investors seeking instant funds without redemption hassles, loan against mutual funds is a prudent option, provided they meet the eligibility norms and are aware of associated costs.

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Press Release

Cleaning Chief Expands Premium Residential and Commercial Cleaning Services Across New York City

Published

2 hours ago

on

November 7, 2025

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New-York, United States, 7th Nov 2025 – New York City, United States, November 3rd, 2025 — Cleaning Chief, a top-rated local cleaning company trusted by over 3,500 New-Yorkers, is expanding its residential and commercial cleaning services throughout New York City. With a reputation for reliability, eco-friendly practices, and exceptional results, the company continues to raise the standard for professional cleaning in the metropolitan area.

Full-Service Cleaning for Homes and Businesses

Cleaning Chief offers a wide range of cleaning services designed to meet the needs of busy New Yorkers:

  • Home & Apartment Cleaning — detailed regular and one-time cleanings to maintain a spotless and healthy living environment.
  • Deep Cleaning — thorough cleaning for neglected or hard-to-reach areas, ideal for seasonal or post-holiday refreshes.
  • Office & Commercial Cleaning — customized janitorial and maintenance services to ensure a pristine business image.
  • Move-In / Move-Out Cleaning — perfect for tenants and landlords preparing properties for transition.
  • Airbnb & Vacation Rental Cleaning — fast, reliable, guest-ready cleaning that helps hosts maintain five-star ratings.
  • Post-Construction Cleaning — specialized cleaning to remove dust, debris, and renovation residues.
  • Carpet & Upholstery Cleaning — advanced steam cleaning to eliminate stains, allergens, and odors.

“Our mission is simple — to deliver spotless results while protecting our clients’ health and the planet,” said a Cleaning Chief representative. “Whether you need a one-time cleaning or a recurring subscription, our trained professionals guarantee satisfaction every visit.”

Why New Yorkers Choose Cleaning Chief

Serving all five boroughs — Manhattan, Brooklyn, Queens, The Bronx, and Staten Island, Cleaning Chief has become one of New York’s most trusted cleaning companies. Known for reliability, professionalism, and spotless results, the company continues to raise the bar in both residential and commercial cleaning.

Clients highlight Cleaning Chief’s punctual team, attention to detail, and eco-friendly cleaning methods that are safe for children, pets, and allergy-sensitive households. With flexible scheduling, transparent pricing, and dedicated customer care, the company has earned hundreds of 5-star reviews across Google, Yelp, and other platforms.

About Cleaning Chief

Founded in 2019, Cleaning Chief is a New York–based professional cleaning company providing a full range of residential and commercial cleaning services across NYC. With a team of trained, background-checked, and EPA-certified technicians, the company focuses on creating cleaner, healthier, and more comfortable environments for every client.

Driven by a mission to make professional cleaning simple, reliable, and sustainable, Cleaning Chief combines modern techniques, eco-friendly products, and a customer-first approach that continues to earn the trust of New Yorkers every day.

 

Media Contact

Organization: Cleaning Chief

Contact Person: Cleaning Chief

Website: https://www.cleaningchief.com/

Email: Send Email

Contact Number: +13322323422

Address:608 W 138th st, New-York, 10031

City: New-York

State: New-York

Country:United States

Release id:36689

The post Cleaning Chief Expands Premium Residential and Commercial Cleaning Services Across New York City appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

USPL Limo Chauffeured Services Announces Special Flat Rate for Washington D.C to New York City Route

Published

3 hours ago

on

November 7, 2025

By

United States, 7th Nov 2025 – USPL Limo Chauffeured Services, a premier luxury transportation provider based in Gaithersburg, Maryland, today announced the introduction of a special flat-rate pricing structure for one-way transportation between Washington, D.C. and New York City. The new rate of $1,000 per trip represents a significant value proposition for business travelers, families, and groups seeking reliable, comfortable transportation between these two major metropolitan centers.

Premium Transportation Service Offers $1,000 Fixed Pricing for Luxury SUV Travel Between Two Major East Coast Cities

Service Highlights

The flat-rate service accommodates up to six passengers with ample luggage capacity for six large pieces, making it ideal for group travel, corporate transportation, and family trips. The company’s fleet features exclusively late-model luxury SUVs, including 2024-2025 Chevrolet Suburbans and Cadillac Escalades, ensuring passengers travel in supreme comfort and style.

The fixed pricing structure addresses a common frustration among travelers who face variable rates from other services due to traffic conditions, time of day, or surge pricing. With USPL’s flat rate, customers know exactly what they’ll pay regardless of when they travel or traffic conditions on I-95.

Why Choose USPL Limo Chauffeured Services

USPL Limo Chauffeured Services has established itself as a trusted name in luxury ground transportation, maintaining an exceptional 4.9-star Google rating based on hundreds of customer reviews. This outstanding reputation reflects the company’s unwavering commitment to:

  • Professional Excellence: All chauffeurs are fully licensed, insured, and undergo rigorous background checks and ongoing training in customer service and defensive driving techniques
  • Reliability: On-time performance rate exceeding 98%, with real-time flight tracking for airport transfers
  • Fleet Maintenance: Vehicles are meticulously maintained and detailed before each service, ensuring pristine conditions for every journey
  • Customer Service: 24/7 dispatch support and dedicated account management for corporate clients
  • Safety Standards: Comprehensive insurance coverage and adherence to all DOT regulations and safety protocols

Ideal for Various Transportation Needs

The Washington, D.C. to New York City route serves diverse clientele, including:

  • Business executives requiring productive travel time between meetings
  • Families visiting attractions in either city
  • Groups attending special events, conferences, or celebrations
  • International visitors touring the East Coast
  • Clients seeking stress-free alternatives to airline travel or driving

The approximately 4-hour journey provides a comfortable alternative to flight delays, security lines, and the fatigue of self-driving through heavy traffic corridors. Passengers can work, relax, or sleep while their professional chauffeur handles the navigation and driving responsibilities.

Booking and Availability

The special flat rate is available for immediate booking, with service operating seven days a week. Advanced reservations are recommended to ensure vehicle availability, particularly during peak travel periods and holidays.

About USPL Limo Chauffeured Services

Founded with a mission to redefine luxury ground transportation, USPL Limo Chauffeured Services operates from its Gaithersburg, Maryland headquarters, serving the entire Washington, D.C. metropolitan area including Maryland, Northern Virginia, and extended service to major cities along the East Coast. The company specializes in airport transfers to Reagan National (DCA), Dulles International (IAD), and Baltimore-Washington International (BWI), as well as corporate transportation, special events, and long-distance travel.

The company operates a modern fleet of luxury vehicles ranging from executive sedans to luxury SUVs and Mercedes Sprinter vans for larger groups. USPL Limo is fully licensed and insured, maintaining all required operating authorities and certifications for interstate transportation.

Contact Information

To book the Washington, D.C. to New York City flat-rate service or inquire about other transportation solutions:

Address: 9417 Royal Bonnet Terrace, Gaithersburg, MD 20886

Phone: (240) 941-7972 | (347) 457-0161
Email: info@limochauffeuredservices.com
Website: limochauffeuredservices.com
Hours: 24/7 Dispatch and Reservation Service

For media inquiries or additional information about USPL Limo Chauffeured Services and its comprehensive transportation solutions, please contact the company directly through the channels listed above.

Note: Pricing and availability subject to change. Certain restrictions may apply. Holiday and special event periods may require advanced booking. Additional charges may apply for stops, excessive wait time, or destinations outside standard service areas.

Media Contact

Organization: USPL Limo Chauffeured Services

Contact Person: Petar Ladjic

Website: https://limochauffeuredservices.com/

Email: Send Email

Address:9417 Royal Bonnet Terrace Gaithersburg, MD 20886

Country:United States

Release id:36673

The post USPL Limo Chauffeured Services Announces Special Flat Rate for Washington D.C to New York City Route appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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