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Think the WWE will try to make their own cryptocurrency?

  • Thread starter Thread starter Grant
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Grant

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So this is kind of a random topic, but hear me out. The WWE for those who don't know, is World Wrestling Entertainment. They have done many ventures outside of the wrestling world, like having their own movie production company that has made horror, comedy and other genres of movies. As well, I believe they had a record label on their staff, and I think have had food and drinks produced under their name. With all that being said, it made me wonder, what if they tried to make their own cryptocurrency. Do you think something like this could ever happen?
 
And what would they use this cryptocurrency for? To buy things on the WWE website? I do not see any sense to create their own cryptocurrency, I see more possible even that they made their own collection of NFTs, on the other hand the products they launched were merchandising, but a cryptocurrency I think is more difficult to sell or make fans use it if it does not have a real use.
 
WWE is a very big company but I don't think that the American businessman Vincent Kennedy McMahon will dive into cryptocurrency for WWE. There was a rumor that he wanted to sell the company, if that's true, getting involving with cryptocurrency is going to affect the company's stock thats already falling from $115+ to $100.65 now.
 
I believe crypto will be one of the contentious issues sin the next presidential issue and the new president will surely make some changes to the crypto bill. This will leat to the influx of crypto currencies as well as massive adoption. Therefore, I believe WWW will not only create its own tokens but even sell NFTs of the wrestlers.
 
A lot of people have moved on from investing in NFTs. I'm not sure if it's something that's going to be a good project for WWE to take down that path of launching their own NFTs. I believe that there's so much ways they may be involved with cryptocurrency but going down the NFTs line will not do them any good.
 
I don't really follow this sport now, although I was a big fan in my childhood, but in my opinion, this project is not so popular now, although even if they create a coin, it will just be some token similar to memcoin, which will not really have any value.
 
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