The New York Knicks launch the team’s first NFT series – Blockchain Bitcoin News

On Tuesday, the New York Knicks teamed up with Sweet to launch the first non-fungible token (NFT) series in the history of the NBA team. NFT has a limited edition digitally designed 3D game ticket specially made for the Atlantic Division basketball team. Less than 24 hours before the auction, the Knicks’ NFT auction has sold out many tickets.

3D NFT tickets to 5 classic New York Knicks games

Many NBA teams are getting involved in blockchain technology, and many American professional basketball teams have participated in various types of encryption concepts, such as NFTs and partnerships aimed at increasing the adoption rate of cryptocurrencies.

NBA has its own Blockchain Advisory Committee And a team like this Portland Trail Blazers, Boston Celtics, and Cleveland Cavaliers Recently joined the blockchain field.This week, the New York Knicks launched its first NFT series because the professional team recently collaborated with the NFT market Sweet Auction collections.

This Knicks’ NFT series I saw five tickets for the game, and so far, three of them have been sold out.Then the Knicks 2020-2021 commemorative plaque Auction items. The nyknft.com website explains: “Use this unique 3D NFT to commemorate the 2020-2021 Knicks season. It displays all 5 tickets.” “The highest bidder will receive all 5 tickets delivered to the preferred wallet. One-choice one-vote card and mint #1 in the single-ticket NFT.”

The New York Knicks commemorative medal NFT auction item.

According to the description of the commemorative plaque auction item, the five games highlighted by digital tickets in the commemorative plaque include:

  • April 9th: Overtime victory over the Memphis Grizzlies, ending 9 consecutive victories
  • April 24: 9th consecutive victory after defeating the Toronto Raptors
  • May 16: The Celtics win the regular season and get the No. 4 seed in the Eastern Conference playoffs
  • May 23: MSG’s first playoff game in 8 years and the largest indoor event in New York City since March 2020
  • May 26: The Knicks equalized the 13-point gap at halftime with a score of 1-1

The commemorative plaque auction will end on Saturday, July 31st at 12:00 PM (EDT), which is the current highest bid of Sweet Market user “Esteban M”.Standing USD 5,565.55The NFT tickets for the Knicks’ overtime victory on April 9th ​​and the ninth consecutive victory on April 24th are the only remaining two single-player 3D game tickets. According to the auction website, the NFTs of the New York Knicks are based on Ethereum’s ERC721 token type of collectibles.

Irreplaceable tokens have received a lot of attention recently, and the hype has become so expensive that some projects Grade NFT. Popular TV stars and entrepreneurs Mila Kunis and Ashton Kutcher roll out An animated series called “Stone Cats” can only be viewed by NFT holders. However, for sports fans, Recent survey It shows that nearly three-quarters of people are “moderately skeptical” about the longevity of NFT investment.

What do you think of the NFT of the New York Knicks? Please tell us your thoughts on this topic in the comments section below.

Tags in this story

Blockchain, Blockchain technology, Boston Celtics, Cleveland Cavaliers, ERC721, market.sweet.io/, NBA, NBA teams, New York Knicks, NFT Auction, NFT market, NFT, Portland Trail Blazers, Sporty, Sports NFT, Polls, Sweet, Sweet market

Image Source: Shutterstock, Pixabay, Wiki Commons, Sweet, New York Knicks, NBA,

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