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The9 Limited Announced Its NFTSTAR Signed Exclusive License Agreement with Soccer Star Neymar Jr for NFT Collections Development and Sales

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The9 Limited (Nasdaq: NCTY) has announced a significant partnership with soccer star Neymar Jr. through its NFT trading platform, NFTSTAR. The exclusive license agreement allows NFTSTAR to create and sell digital collectibles featuring Neymar's career highlights. These NFTs will be developed in collaboration with NR SPORTS and will offer unique ownership records on the blockchain. This initiative aims to connect NFTs with a broader audience by accepting standard payment methods, enhancing accessibility for global users. The platform aspires to expand into various entertainment sectors.

Positive
  • Exclusive partnership with Neymar Jr. to create digital collectibles.
  • NFTSTAR will utilize NR SPORTS for image management, enhancing credibility.
  • NFTSTAR platform aims to make NFTs accessible through general payment methods.
Negative
  • None.

SINGAPORE, Nov. 22, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its NFT community and trading platform NFTSTAR has signed an exclusive license agreement with Neymar da Silva Santos Júnior, a world-renowned soccer player. NFTSTAR will develop, sell, and trade NFT collectibles authorized by NR SPORTS, a company specialized in image management, exclusively acting in Neymar Jr.'s carrer.

Neymar Jr was born on February 5, 1992, in State of São Paulo, Brazil. He is a Brazilian soccer player who plays as a forward for Ligue 1 club Paris Saint-Germain and the Brazil national team. Neymar JR came into prominence at Santos FC in Brazil. He was twice named the South American Footballer of the Year, in 2011 and 2012. In summer of 2013, Neymar Jr joined Barcelona. He helped the club winning the treble of domestic league, domestic cup and European Cup in the 2014-15 season, and finished third for the FIFA Ballon d'Or in 2015 for his performances. In August 2017, Neymar Jr joined the Paris Saint-Germain, making him the most expensive player ever. He won the Ligue 1 Player of the Year in his debut season. In the 2019-20 season, Neymar led the club to its first ever Champions League Final. He made 31 appearances in matches in the 2020-21 season, helping the club to win Coupe de France and Trophée des Champions. On November 6, 2021, Neymar JR scored his 400th career goal (in official games) against Bordeaux, where he scored a brace and helped the team to win the match 3–2.

In 2010, Neymar was selected for the first time in the Brazil senior team. In the summer of 2013, he followed the Brazil national team winning the 2013 Confederations Cup. In 2014, Neymar won the FIFA World Cup Bronze Boot. In 2016, Neymar brought Brazil its first Olympic gold medal in men's football. In 2021 Copa América, Neymar brought Brazil to the final and was named the Player of the Tournament. On September 2021, he scored a goal for Brazil in the 10th qualification game and became Brazil's all-time top scorer in FIFA World Cup qualification matches, with 12 in total. 

Being a world-renowned soccer player, Neymar Jr has more than 165 million followers on Instagram and more than 55 million followers on Twitter. No matter in Spanish La Liga, French Ligue 1 or Brazil national team matches, Neymar Jr's every move has won high attention from fans all over the world.

Upon joining NFTSTAR, Neymar will work with NFTSTAR's world class creative team and artists to develop digital collections, including video, animation, and other digital artworks, which will record the highlights of Neymar Jr's career and personal growth. His digital collectibles will be offered with limited number on NFTSTAR platform. Each NFT collectible has a unique record on the blockchain, and the users will obtain the ownership of the unique NFT collectible through purchase on the platform, or through trading on NFTSTAR's marketplace. NFTSTAR will accept general payment methods such as credit cards to make it easy for global users to participate.

The NFTSTAR community platform will cover superstars in various fields, including but not limited to sports, entertainment, art and celebrities in different industries. NFTSTAR community platform aims to create a significant portal to the future metaverse through superstars' NFT collections, trading, and community interaction.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 aims to become a global diversified high-tech Internet company, and is engaged in blockchain business including the operation of cryptocurrency mining and a Non-Fungible Token platform NFTSTAR.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9's control. The9 may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9's goal and strategies; The9's expansion plans; The9's future business development, financial condition and results of operations; The9's expectations regarding demand for, and market acceptance of, its products and services; The9's expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE The9 Limited

FAQ

What is the recent announcement from The9 Limited regarding Neymar Jr. and NCTY?

The9 Limited announced an exclusive license agreement with Neymar Jr. for the development and sale of NFT collectibles on its platform NFTSTAR.

How will NFTSTAR utilize Neymar Jr.'s image in its NFT collections?

NFTSTAR will work with NR SPORTS to develop and sell NFTs that capture highlights from Neymar Jr.'s career.

What payment methods will NFTSTAR accept for purchasing NFTs?

NFTSTAR will accept general payment methods like credit cards, making it easier for users worldwide to buy NFTs.

What does the partnership with Neymar Jr. mean for The9 Limited's NFTSTAR platform?

This partnership aims to enhance the platform's appeal and expand its reach in the NFT market, attracting both sports and NFT enthusiasts.

What is the significance of the NFTSTAR platform in the context of The9 Limited's business?

NFTSTAR is part of The9's strategy to diversify into the blockchain sector, leveraging celebrity partnerships to boost market presence.

The9 Limited American Depository Shares representing three

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