Launch of a new NBA NFT
The National Basketball Association (NBA) announced this week the launch of “NBAxNFT,” its own non-fungible token (NFT) initiative. The purpose is to exhibit “all things intersecting basketball and Web3, including NFTs, gaming, and the metaverse,” according to the professional basketball league.
The NBA has launched NBAxNFT, which presently comprises a Twitter account and a Discord channel, as a follow-up to the popular NBA Top Shot collection and the impending Golden State Warriors 2022 Playoff responsive NFT collection.
NBA NFTs merging all metaverse concepts
NBAxNFT is billed as the “official Web3 home of the NBA,” and it intends to merge all things basketball with NFTs, gaming, metaverse, and Web3 concepts.
The initiative’s official Twitter account says, “Thanks to all who have followed.” ” If you’re new here, we’re delighted to use this area to share all things NBA basketball and Web3 with you. ” I’m excited to work with our community and partners like NBA Top Shot.”
The NBA Top Shot NFT collection from Dapper Labs is now in ninth place in terms of the all-time sales volume of NFT collections. Since the NFT’s debut, 16,006,548 copies of NBA Top Shot have been sold, equating to $885.6 million.
NBA Playoff NFTs to be declared
The NBA’s 2022 Playoff NFTs will be disclosed this weekend, according to the NBA’s recently formed Discord channel, which currently has over 35,000 members.
When the NBAxNFT Twitter account first announced the Web3 program, it said, “We’re highlighting all things intersecting basketball and web3, including NFTs, gaming, and the metaverse.” The NBA’s Golden State Warriors announced the release of a 2022 playoff responsive NFT collection four days ago. Despite citing Dapper Labs in a tweet about collaborators, the NBA has not said whether or not the Flow blockchain or Dapper Labs will be participating as of press time. The NBA’s Discord channel has been buzzing with talk about the imminent NFT launch on Ethereum.