NFT Technologies Inc. announced an exclusive multi-year deal with World Table Tennis to develop and execute a web3 strategy that will engage the global fan base and reach the frontier of emerging technology. In an exclusive multi-year deal, Singapore-headquartered World Table Tennis (WTT) has partnered with NFT Tech. The partnership will span end-to-end web3 strategy encompassing fan engagement to digital collectibles, metaverse experiences, play-to-earn, and move-to-earn gaming.

WTT reported an outstanding global fanbase of 519 million while it runs over 50 global events annually and attracts hundreds of millions of unique viewers. In addition to dominating the table tennis sphere, Asia also leads crypto adoption and tech innovation. In 2021, Metamask, a cryptocurrency wallet leader, reported over 10 million monthly active users and stated Asia was leading the pack when it came to wallet adoption growth.

Despite Asia's dominant position in the cryptocurrency adoption space, there is still much growth potential, with only 3.6% and 10% of the population owning crypto in Southeast Asia and Singapore, respectively.