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AC Milan Launches First-Ever NFT Collection To Support Charity Projects: Latest Updates

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AC Milan Launches First-Ever NFT Collection To Support Charity Projects

Highlights:

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• The 3D NFT was built by FanSea utilizing sustainable technology.
• The sale revenues will be given to charity.
• The 3D NFT will be available for purchase on the Fansea app.

Introduction:

AC Milan, the popular Italian football club, has announced the launch of its first-ever non-fungible (NFT) token project, with proceeds going to support the club’s charitable initiatives around the world, including alleviating the ongoing humanitarian crisis in Ukraine, through Fondazione Milan, the club’s charitable arm.

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AC Milan is auctioning a limited-edition 3D NFT of a special ‘Rossoneri’ jersey sporting the club’s trademark red and black stripes from South Sudan starting April 14 in collaboration with derivatives-focused crypto exchange BitMEX and NFT platform FanSea.The 3D NFT, which was created by FanSea with the use of sustainable technology, will be available for purchase starting April 14th.

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AC Milan Launches First-Ever NFT Collection To Support Charity Projects

Each NFT will cost GBP 45 (about Rs. 3,725), with a total of 75,817 NFTs being dropped, a nod to the capacity of the San Siro stadium. Via April 29, two weeks after the sale concludes, users will be able to view the 3D NFT on the FanSea app. In a blog entry about the shirt’s history, the club explains that the torn AC Milan jersey belonged to a youngster in South Sudan and ended up in a Milan museum.

When Danish photographer Jan Grarup visited South Sudan to chronicle the effects of floods in the landlocked east African country, he came upon the unique shirt. The money will be used to assist the club’s philanthropic projects around the world, according to the club, which explicitly mentions the ongoing conflict in Ukraine and a UNICEF project in South Sudan.”

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This is a pivotal moment for the Club, as it begins on a charitable trip into unknown terrain. We are proud to be able to combine these two sides of our Club into one project, as it is in AC Milan’s nature to explore new innovative ways to engage with its international fan base of over 500 million people while spreading the positive values of sport

“Casper Stylsvig, AC Milan’s Chief Revenue Officer, said in a statement.”We share a passion for sport and want to do our part to aid poor individuals and children as part of this exceptional charity project in conjunction with one of the world’s most legendary teams. AC Milan is breaking new ground with this first non-profit NFT, which will be supported in the future by BitMEX and FanSea “Alexander Schlicher, the CEO, and founder of FanSea, gave his two cents.

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