With the UEFA Euro 2024 set to officially kick off at 3 AM on June 15, 2024, the digital collectible market has seen innovative products related to this major event. A highly anticipated official digital collectible card for the Euro has launched on the digital collectible platform, sparking widespread discussion and enthusiastic responses in the market.

However, does this innovative model that combines sports events with digital collectibles possibly touch upon sensitive legal areas? When the outcomes of sports competitions are linked to the value of digital collectibles, should we consider potential legal risks?

The official digital collectible cards for the European Championship will be released daily at 12 PM from June 14 to June 19, with a limited edition of 15,028 copies per set, priced at 40 yuan each. A total of 6 different themed sets will be launched. Each collectible set includes 4 teams, with at least one seed team. The seed teams for this European Championship are Germany, Spain, Portugal, France, Belgium, and England.

These digital collectible cards are divided into 5 levels based on rarity: C, R, SR, SSR, and HR, with each level corresponding to different acquisition probabilities. The reward settings for collectible cards are diverse, among which the most attractive are PFP collectibles, HR egg cards, and physical gold coins.

It is worth noting that if users draw an HR card or a seed team SSR card, they have the opportunity to obtain high-value rewards such as physical gold coins and limited edition PFP digital collectibles after meeting certain specific conditions.

This model of combining sporting events with digital collectibles is both innovative and raises questions about its legal boundaries: when collectible value is linked to the outcome of a game, does it blur the line between digital collectibles and gambling activities? This topic deserves an in-depth discussion by industry insiders and regulators.