NEW: The NFL is launching a series of NFTs tied to the NFLDraft on Thursday. elitanjourno reports
The NFTs will also be given out to members of this year’s “Inner Circle” club, which includes fans selected to represent each team on draft night.
A representative of the league told CoinDesk it has given out more than 500,000 NFTs tied to ticket purchases since the marketplace’s release. Of those 500,000, around 210,000 were directly interacted with by their owner, a 42% figure the league considered a win in terms of engagement. “Those are just the ones we gave out for free, so we were impressed by the engagement numbers for sure,” Sam Rubinroit, the NFL’s director of club business development, told CoinDesk in an interview. “A good number of the NFTs we released for purchase sold out within 24 hours of their release.”
Rubinroit said the ticketing collectible platform is still very much in its “test and learn phase,” with larger plans cued up for the upcoming season. NFTs from its initial “Regular Season Clubs” collection were one point trading hands for thousands of dollars a piece, but have since cooled off to the $300-$600 range for the more popular teams.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Increased adoption of Metaverse NFTs will power the next NFT growth cycleWhile there is a lull in the NFT markets, it may only be the quiet before the storm. Metaverse NFTs are the next evolution for nonfungible tokens and adoption could bring another investing boom argues constkogan.
Read more »
Cardano Founder Set to Hold Discussions to Expand NFT Possibilities: DetailsCardano founder to hold talks about expanding NFT possibilities: details CardanoADA CardanoCommunity CardanoNFTs ADA NFTCommunitys BuildingOnCardano
Read more »
OpenSea acquires NFT aggregator GemNFT marketplace OpenSea has acquired NFT aggregator service Gem, according to an email sent out to Gem's investors.
Read more »
‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?What makes an NFT 'blue-chip,' and where does the term come from? The term is borrowed from traditional finance, and volume is not the only factor that determines whether an NFT is blue-chip or not.
Read more »
The NFT World Comes to Istanbul, Turkey this May | HackerNoonNFT Summit Istanbul 2022, organized by Meta Venture Fund, will take place on May 28- 29 at the Lütfi Kırdar Convention and Exhibition Center.
Read more »
Moonbirds NFT sells for record $1 million within week of launchMoonbirds 2642, one of the rarest members of the Moonbirds NFT collection, sold for a record over $1 million on OpenSea on Saturday.
Read more »