An NBA star's non-fungible token (NFT) was sold for $187,000 on Sorare, setting a new record.
NFT sales of the NBA superstar surpassed the past Sorare NBA record, but it is not nearly as much as the highest sale for physical cards.
Professional basketball star Giannis Antetokounmpo achieved a major milestone this weekend, as his single edition non-fungible token (NFT) was sold for 113.9 ETH ($187,000) on the Sorare NBA platform. This marks the highest price ever paid for an NFT by a professional basketball player, showcasing the rising popularity of digital sports memorabilia.
- On Monday, Sorare NBA made history with their highest single transaction since their launch in October 2022. The sale was a milestone for the platform, as it is a licensed NFT-driven fantasy basketball game. Sorare NBA has been able to carve out a unique space in the world of sports fantasy, and their latest success indicates a bright future ahead. Fans of fantasy sports and NFTs alike can be excited about this development.
- Sorare NBA's Ethereum-based platform recently auctioned off the 1/1 Antetokounmpo NFT, with the sale price being three times the price of the previous auction in December. The previous auction was for an Anthony Davis NFT, which was sold for 49 ETH, equating to more than $62,000. This sale of the Antetokounmpo NFT marks a significant increase in the price of NBA NFTs, demonstrating the growing popularity of this new form of digital asset.
- On February 2021, NBA star Giannis Antetokounmpo made headlines in the world of blockchain and digital collectibles. The two-time MVP recorded the 16th largest-ever sale on NBA Top Shot on the Flow blockchain - a whopping $95,000. The sale is the biggest-known transaction of the basketball icon to date, and it has effectively cemented him as an influential and powerful voice in the blockchain and digital collectibles space.
- The recent sale of the Non-fungible Token (NFT) of NBA star Giannis Antetokounmpo has set a new record for the blockchain gaming platform Sorare, but it falls far short of the deals seen in the trading card industry.
- Giannis Antetokounmpo has officially made history. An autographed rookie card featuring the NBA superstar was sold for a whopping $1.8 million in September 2020, marking the highest-priced basketball trading card ever sold. The card, manufactured by Panini America, was originally released in 2013 and features the Milwaukee Bucks player in a mid-air dunk.
- Good news for the crypto market! Despite a difficult last year, data from DappRadar showed that NFT sales increased by a whopping 67%. According to CryptoPotato, 101 million NFTs were sold in 2022, an impressive increase compared to previous years. This is an encouraging sign that the crypto market is on the rise, and that NFTs are becoming a more popular form of digital asset. It's clear that the crypto community is continuing to expand and grow, and this uptick in NFT sales is a sign of great things to come.
The world of non-fungible tokens (NFTs) is gaining more and more traction, and NBA star Luka Dončić has become the latest sports star to get involved. Dončić's Sorare NFT recently sold for an incredible $187,000, breaking records along the way.