Magic Johnson Unveils NFTs Showcasing The Basketball Legend’s Iconic Moments
Magic Johnson unveiled a new NFT line this week. Sport and NFTs continue to challenge the limits of technology, with American franchises at the forefront of the trend into the virtual domain. The legendary basketball player is the most recent athlete to enter the digital art market with the release of “The anthology: Magic Johnson” […]
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CNN will drop NFTs depicting historic moments such as space travel, technological advancements, and presidential elections. CNN has followed Fox and Time Magazine into the NFT market, announcing the launch of collectible historic moments from the news. CNN’s NFT project is dubbed “Vault by CNN: Moments That Changed Us” and includes a series of tokenized iconic moments from its 41-year history, along with a vault to purchase, store and display the NFTs. Vault by CNN: Moments That Changed UsThe news organization has not revealed which specific historic moments will be tokenized, however, it....
The NFT market, which includes artwork, sports memorabilia, and trading cards, grew to more than $250 million last year. Basketball legend Magic Johnson has a future with the bulls. No, he's not returning to play for the NBA, but joining a major sports licensing company that looks favorably at the rise of the non-fungible token market.In an interview with CNBC’s Squawk Box today, Michael Rubin, executive chairman of sports merchandise company Fanatics, said the digital and physical collectible market was "exploding" due in part to many spending more time at home last year. Johnson just....
Three exclusive Top Shot NFTs will be minted to commemorate this weekend’s NBA Summer League games. NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas for next week.The tokens will be the first Top Shot NFTs, dubbed “moments,” made available for exclusive purchase from a physical location and they mark the first time that moments have been sold at an NBA game.The exclusive NFTs will commemorate a highlight of each game on August 8, 9, and 10 respectively. Each edition will see a minimum of....
Compton Magic, a premier AAU basketball program, has partnered with Swan Bitcoin to gift bitcoin to players and pay coaches in bitcoin through benefits plans.
NFTs celebrating significant basketball moments from the mid-2000s have proved to be a big hit among NBA Top Shot collectors. Trade volume for NBA Top Shot’s nonfungible tokens has skyrocketed over the weekend following the launch of their retro Run It Back 2005-06 packs on Friday, Oct. 15.According to Crypto Slam, daily volume on Top Shot’s marketplace jumped by more than 440% from $829,520 on Oct. 14 to more than $4.5 million the next day. Oct. 16 also saw more than $4 million worth of tokens trade hands.Top Shot’s NFTs feature video highlights depicting key moments from the history of....