NFTs in sports: What to know about the dangers of fraud and counterfeiting

By Thierry Warin, Professor of Data Science for International Business, HEC Montréal
Nathalie de Marcellis-Warin, Professeure titulaire en théorie de la décision et gestion des risques, Polytechnique Montréal
Robert Normand, Researcher, Polytechnique Montréal

Non-fungible tokens (NFTs) are experiencing spectacular growth thanks to the new opportunities they offer for interaction and monetization to fans, clubs and athletes in the sports industry.

Platforms such as NBA Top Shot, which allows users to own key moments in basketball as NFTs, generated nearly $500…

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