#Sorare NBA

[hoopsmedia]

Jalen Johnson Pickup //

[macarelstyle]

[wolpersworld]

[wisconsinsmokedbeans]

Sorare Pubs

Wouldn't it be cool if there were specific sorare pubs/bars like in the ads?

[all-about-news24x7]

Mercury: Reimagining the Collegiate Fan Experience

Today I’m excited to announce that Multicoin Capital has led a $7.5M seed investment in Mercury with participation from North Island Ventures, Crosslink Capital, Brevan Howard Digital, and several others. The convergence of sports and crypto is one of the most exciting, fast-growing areas of the market with strong, early successes in companies like Sorare and NBA Top Shot. Both have onboarded…

[waddiemathew]

How NFTs are Revolutionizing the World of Sports

Sports fans have always been passionate about collecting memorabilia related to their favorite sports and teams. From autographed baseballs to game-worn jerseys, fans go to great lengths to acquire unique items that they can treasure for years to come. However, in recent years, a new type of collectible has emerged - sports NFTs. In this article, we will explore the world of sports NFTs, the different types of sports NFTs available, and how they are changing the landscape of sports memorabilia collecting.

What are Sports NFTs?

Sports, NFTs can represent various things, including:

1. Game Highlights

Sports NFTs can be used to represent specific moments in a game, such as a game-winning shot or a spectacular catch. These NFTs can include video highlights of the moment, as well as other metadata like the date and time of the game, the players involved, and more.

2. Player Cards

Sports NFTs can also be used to represent individual players. These NFTs can include player statistics, personal information, and even autographs. They can be used as digital trading cards, allowing fans to collect and trade their favorite players just like they would with physical cards.

3. Team Memorabilia

Sports NFTs can also represent team-related memorabilia, such as championship rings or team jerseys. These NFTs can include information about the history of the item, as well as images or videos of the item itself.

People can purchase sports NFT collectibles from sports NFT marketplaces.

Types of Sports NFTs

Now that we know what sports NFTs are, let's take a look at the different types of sports NFTs that are available:

1. NBA Top Shot

NBA Top Shot is a blockchain-based platform that allows users to buy, sell, and trade NBA-related NFTs. These NFTs are typically video highlights of specific moments in NBA games, and they have become incredibly popular with basketball fans.

2. Sorare

Sorare is a fantasy soccer game that uses NFTs to represent individual players. Users can buy and sell these NFTs, as well as use them to build their fantasy teams. Sorare has partnerships with some of the biggest soccer leagues in the world, including La Liga and the English Premier League.

3. ZED Run

ZED Run is a blockchain-based horse racing game that allows users to buy, sell, and breed digital horses. Each horse is represented by an NFT, and users can race their horses against other players for prizes.

Conclusion

In conclusion, sports NFTs are changing the way that sports fans collect and engage with memorabilia. These unique digital assets allow fans to own a piece of sports history in a way that is accessible, authentic, and interactive. As the popularity of sports NFTs continues to grow, we can expect to see even more innovative uses of this technology in the world of sports.

[alldinnasir]

What is NFT: Know the different types of NFT

Having an understanding of expanding markets is essential when strategizing for companies, and that includes knowing what NFT is. After all, this is one of the issues that has gained prominence around the world.

The idea that digital assets can be profitable has inspired many to look into non-fungible tokens, including big brands.

Several sectors already invest in this type of digital asset, such as fashion, art, games, sports, finance, among others. And there’s a lot of potential for use because of its versatility: virtually any piece of content can become a one-of-a-kind item.

However, some still believe that it is a temporary trend, which will not last after the hype. However, the growing interest around the asset and the arrival of web 3.0 demonstrate that this market can continue to expand.

But what is NFT anyway? How are they functional? Where and how to buy this digital asset? And how can brands draw successful strategies from this technology?

What is NFT? NFT is an acronym for “Non-fungible Token” which, in free translation into Portuguese, means non-fungible tokens.

It is an electronic symbol created on a blockchain platform to represent some good considered unique, such as a work of art, a tweet, a collectible item and even a virtual property.

To be more clear about what NFT is , it is necessary to understand the concept of fungible and non-fungible assets. Basically, in economics, the term refers to the interchangeability of goods.

A fungible good is one that can be easily replaced by another of the same type, quality and quantity, as is the case with coins.

Non-fungible goods, on the other hand, are unique and cannot be replaced by another identical good due to their unique characteristics. Works of art and collectibles are some examples.

In a financial transaction, the fungibility or non-fungibility of an asset affects its value and determines how the item will be exchanged or traded.

For example, commodities — such as wheat, soybeans and corn — are easily interchangeable, as regardless of where they were grown, they will have the same monetary value if they have the same characteristics.

In contrast, a painting by a famous artist will have its value determined by factors such as provenance and condition. Furthermore, even if a representation of that canvas is made, the replica will not have the same value as the original piece.

This same concept is applied to NFT Marketplace, which have as one of their main characteristics that they are not interchangeable. Therefore, each digital asset has its own value and cannot be replaced by another identical token, which makes it unfungible.

In other words, NFT is an asset created to represent the identity of a unique item, be it real or virtual, and attest to the ownership of that particular good.

PFP NFT Profile photo NFTs (PFPs) as you can imagine are an NFT that is used on a recurring basis as your profile photo on different social networks, mainly on Twitter. The first NFT PFPs were CryptoPunks, which were created in 2017 by Larva Labs, who maintain their cult status now shared with other PFPs such as Bored Ape Yacht Club , Azuki or Clonex. A large number of PFP main projects carry an average price above ten thousand euros.

As the metaverse continues to grow, it’s likely that more PFPs will be used as avatars within those platforms as well.

NFT sports collectibles The world of sports is one of those with the most fans and fans spread around, so it is not surprising that it is a growing category. This type of NFT transforms classic trading cards into NFTs, with the best-known example being NBA Top Shot Moments, videos that capture memorable plays during NBA games.

Another important segment is also the famous Fantasy League where friends compete in virtual leagues. Platforms like Sorare have provided an NFT layer to this widespread training.

Generative Art NFT Generative art NFTs have their roots in a computer-controlled abstract art style of the 1960s. Using artificial intelligence tools, a specific aesthetic is generated using a set of artist requirements. Art Blocks is one of the main projects in this segment.

NFT the P2E Play-to-earn (P2E) game NFTs are also known as GameFi. Historically, online games have offered in-game assets to enhance the experience, such as weapons and armor that can be purchased from within the game itself. In this case, these assets are NFTs and can be purchased both online and in secondary markets such as OpenSea.

Popular examples like Axie Infinity and Gods Unchained give players ownership of their rewards and the ability to sell and trade their earnings for in-game assets. There is also a subcategory of NFTs that involve real-world participation, such as Stepn, which classifies itself as a “move to earn tokens” game.

NFT the fashion The fashion sector is one of those that is exploring the world of NFTs the most. Renowned brands like Tommy Hilfiger and Dolce & Gabbana have released collections of digital-only clothing that are sold as NFTs for avatars to wear within metaverse platforms like Decentraland.

But the great leg of this sector are surely the “phygital” experiences, where the barrier between the digital and physical product narrows.

Utility NFTS

Some NFTs are being used to link digital tokens with real world rewards and experiences. There are NFTs that fall into one of the above categories and also add utility, adding value like club membership, access to IRL experiences, or being able to redeem exclusive physical goods.

Projects like the Bored Ape Yacht Club mentioned above, offer exclusive access to parties and events. Projects like the PROOF collective offer benefits for future releases, including the Moonbirds project. Nike with its RFTK project offers digital and physical items for its Clone X collection holders. Article By : Nft Marketplace Development Company

[cryptoking009]

NBA Star NFT Sells for $187,000 on Sorare

The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare NBA is a licensed NFT-driven fantasy basketball game, and the sale set a new milestone, being the platform’s highest single transaction since its launch in October 2022. The 1/1 Antetokounmpo NFT was auctioned through Sorare…

[hoopsmedia]

New pickups on Sorare NBA //

Use this link to sign up if you are interested.

[cryptoguys657]

NBA Star NFT Sells for $187,000 on Sorare

The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare NBA is a licensed NFT-driven fantasy basketball game, and the sale set a new milestone, being the platform’s highest single transaction since its launch in October 2022. The 1/1 Antetokounmpo NFT was auctioned through Sorare…

[wolpersworld]

[gamekai]

NBA Star NFT Sells for $187,000 on Sorare

The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare NBA is a licensed NFT-driven fantasy basketball game, and the sale set a new milestone, being the platform’s highest single transaction since its launch in October 2022. The 1/1 Antetokounmpo NFT was auctioned through Sorare…

[762175]

NBA Star NFT Sells for $187,000 on Sorare

The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare NBA is a licensed NFT-driven fantasy basketball game, and the sale set a new milestone, being the platform’s highest single transaction since its launch in October 2022. The 1/1 Antetokounmpo NFT was auctioned through Sorare…