cryptocurrency

NFT – http://aviator.binaryoptionsreview.ru/?qa=5453/introduction-cryptopunks-that-took-world-storm-zenledger. MicroStrategy (MSTR) And Coinbase (COIN) Shares Turn Bullish After US CPI Data.

Shares of Coinbase (COIN), cryptocurrency MicroStrategy (MSTR), Marathon Digital (MARA), and others have turned bullish after the US CPI of 6.4%.

2 days ago Updated 2 days ago.

Shares of Nasdaq-listed crypto companies including Coinbase (COIN), MicroStrategy (MSTR), Marathon Digital (MARA), and interest NFT projects others have turned bullish as the U.S. consumer price index (CPI) data for January came in at 6.4%.

Coinbase (COIN) price fell over 25% in the last week amid the U.S. regulators such as the SEC and NYDFS’ crackdown against the crypto market. COIN price ended 1.21% down at 56.40 on Monday. However, cryptocurrency the shares are trading up 3% at 58.11 during pre-market hours.

Cathie Wood’s Ark Invest keeps on buying Coinbase and Tesla shares from low. Significant buying from Cathie Wood led Coinbase and NFT Tesla shares prices to rally in January.

MicroStrategy (MSTR) price also fell over 12% in the last week. However, the MSTR shares jump over 2% to end at 249.25 at market close on Monday. The shares price is again trading higher in pre-market hours, up nearly 2% at 254. MicroStrategy reported its eighth consecutive quarterly loss this February, with impairment losses on Bitcoin were $197.6 million during the fourth quarter of 2022.

Meanwhile, Nasdaq-listed crypto mining stocks such as Marathon Digital (MARA), Riot Platforms, HIVE Blockchain, Bitfarms, and Hut 8 Mining are also trading higher after the CPI release.

Nft meaning.

[ en – ef – tee ]

Published March 12, 2021.

NFT stands for non-fungible token . An NFT is a digital asset that has a unique identity recorded in a database. Translation? An NFT is a special bit of Internet content that has a «record» that allows its ownership to be tracked as it is traded from person to person.

As of 2021, cryptocurrency NFTs often take the form of digital content, cryptocurrency such as a JPEG, GIF, NFT or video. In the early 2020s, NFTs dramatically increased in value as collectors started paying millions of dollars for them. NFTs work similarly to cryptocurrencies like Bitcoin or Dogecoin .

Example : Did you hear about the digital artist who sold a cat meme NFT for $30 million?

Related words.

Where does NFT come from?

NFT is an acronym for «non-fungible token.» Fungible is an English word that means «being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.» To give an example, if I trade you my $5 bill for your $5 bill, nobody made a profit. A $5 bill is fungible because it is worth exactly the same as any other $5 bill.

So, if something is non-fungible, it is not worth the same as something that is identical or invest in nft similar to it. For example, if I offered the Louvre my poster of the Mona Lisa for their Mona Lisa painting, they would have security throw me out. The Mona Lisa is a unique painting created by Leonardo da Vinci and is considered a priceless work of art; a poster of the Mona Lisa is a cheap, mass-produced item. The Mona Lisa is therefore non-fungible because even identical paintings of the Mona Lisa are not considered equal in value to it.

A non-fungible token is a digital version of this idea. The token is an entry in a blockchain , meaning it is an item entered in a digital database. It has a unique identity that can be traced so you will know which version of it is the original. The token can then be attached to any piece of digital content to track that particular piece of content. If you download a copy of a JPG NFT , the file on your computer will not have the token attached to it and so it is worthless.

NFTs have existed since at least the early 2010s, when Bitcoin traders discovered it was possible to make Bitcoins that had unique identities. However, NFTs didn’t really become popular until around 2017. In that year, two different collectible items, known as CryptoPunks and interest NFT projects CryptoKitties , were distributed using unique blockchain tokens to identify the originals. These digital collectibles suddenly became incredibly valuable, with some of them selling for over $1 million a piece.

In 2021, NFTs really started to capture mainstream attention after the respected auction house Christie’s announced it would auction an NFT created by digital artist Beeple. The NFT took the form of a JPG file depicting a collage of photos. Christie’s set the starting bid at $100. By early March, the bidding had reached $13 million.

NFTs gained further mainstream exposure during that same time when the band Kings of Leon announced they would sell their newest album as a NFT . The album would also be available to buy as usual in non- NFT form, but the (more expensive) NFTs of the album would be linked to special perks such as digital artwork or free concert tickets.

Adidas Has Officially Entered the Metaverse.

Including an NFT collection that features exclusive streetwear drops and access.

NFT Dec 17, 2021.

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adidas Originals has officially made its debut NFT collection, confirming its journey Into the Metaverse .

In tandem with Web3, adidas has made its first NFT drop created with NFT pioneers Bored Ape Yacht Club, gmoney and the team behind PUNKS comic. Starting on December 17, the adidas NFTs called Into the Metaverse will be available for purchase and cryptocurrency owners will then receive exclusive access to various adidas Originals experiences and products. With the NFTs acting as an access pass to in-virtual land experiences as well as free collaborative merchandise, owners will be able to access virtual wearables for the blockchain-based gaming world, The Sandbox. Physical products, which are co-branded with the aforementioned trio of collaborators, include a hoodie, tracksuit and gmoney’s iconic orange beanie. adidas also purchased a Bored Ape NFT named Indigo Hertz showing their commitment to the Metaverse community.

Each of the NFTs are selling for 0.2 ETH, which is approximately $800 USD. By entering into the metaverse, adidas and streetwear enthusiasts are given a new way to engage and cryptocurrency to offer exclusive drops to their fanbase. The NFTs are officially on sale starting on December 17 on adidas. The digital and physical wearables will be available starting in 2022.

Clone X x Takashi Murakami, the complete guide.

RTFKT Studios was launched in January 2020 by a trio of people with technology experience in the entertainment industry. They found early success by partnering with artists like Fewocious on a hybrid NFT digital/physical drop that earned $3.1 million in March 2021.

Unlike some fashion houses which have launched NFTs and digital offerings, RTKFT’s NFTs are on the blockchain. This enables true proof of ownership and authenticity, something that the physical fashion world has challenges with. In addition to that, it unlocks ongoing royalties for designers and artists.

This is what set RTKFT Studios apart from other Web3 fashion brands, and likely what drew Nike’s attention. On December 13, 2021, Nike announced the acquisition of RTKFT Studios. This sent the values of RTFKT NFTs higher than ever, as many speculated about the value that would be added due to this news.

What is CloneX?

CloneX is a collection of 20,000 XNUMXD characters generated by algorithms designed for metaverse interaction that has been launched on the blockchain Ethereum. RTFKT, pronounced as ‘artefact’, which backs the project, is an NFT digital studio that became famous for its NFT sneakers that have won fans around the world, including the giant Nike.

There are eight «DNA types» for cryptocurrency 20,000 clones, each with varying degrees of rarity. Half of the clones are humans and invest in nft robots make up about 30% of the total Clone supply. CloneX includes angels and demons (about 8.75% each), reptiles (1.25%), undeads (0.6%) and Murakamis (~0.5%), while the rarest are aliens (less than 0.15%).

Each DNA type comes with unique variants, where about 15% of all Clones have «Murakami Drip Traits. The opportunity is made for Clone holders to further personalize their avatars. They can access 3D files so that they can customize attributes to make changes which better express them.

The secondary market royalty of clones is 5%, and it come with two licenses: Clones without Murakami Drip traits, which can be freely commercialized up to a value of $1,000,000, and Clones with Murakami Drip traits, which currently don’t come with a commercial license. It is worth noting that all Clones have their very own Space Pod, an airdrop that the community is very excited about according to CloneX NFT collection Discord and Twitter.

The background story.

This project narrates a story that is driven by three extraterrestrials located in Draco galaxy and is known as orbitar. It aims to clone human characteristics and behaviors and evolve human into a more complex being! This advanced civilization includes no humans but their digital clones or avatars. Their mission is to explore the galaxy and find new habitats.

The project also plans to transfer all human consciousness into advanced clone forms to create the ultimate Metaverse. RTFKT uses NFTs, Blockchain authentication, augmented reality and the latest in-game engines to create one-of-a-kind sneakers and digital artifacts to do it. The project started with sneakers as a cultural collectible which led to fashion such as Metajacket and other Decentraland wearables. Then, RTFKT created Forging events, where NFTs can be used to get unique physical sneakers or other items. The process ends with avatars; the virtual world is not restricted by any barriers of real world, therefore, people can create fashion pieces and wear them as their identity in the Metaverse. The Metaverse seems to make an evolution from playing video games to living in a virtual world where users can collect digital items, make friends, and cause a real shift of power toward the creators.

The roadmap.

This road map primarily aims to make the Metaverse readily available for its users to engage in real-world stimulation while they are active in the Metaverse. Using the 3D file available in the Metaverse, that can be used on a variety of platforms, users are free to dress their favorite clone as they wish and, even more interesting, personalize it to their best abilities. CloneX further announced that they are introducing a new clothing brand in the near future. The ecosystem provides CloneX with the ability to directly access a world-class ecosystem and learn from it. In addition to virtual collectibles, there also the opportunity to purchase real-world collectibles through the game.

Due to the wide popularity on the clones worldwide, the company comes up with a strong social media presence. NFT collectors were the ones to mostly enjoy the launch of CloneX. Anyone was able to purchase their non-fungible token (NFTs) clones.

The brand.

CloneX is the exciting new project developed by RTKFT and the ecosystem they envision their creators provide. CloneX has already paved the way for fans of fashion, collectibles, and the RTKFT brand to join their world if they own a clone. The partnerships and cooperation among RTKFT, Murakami and Daz 3D guarantee the promise that 3D, digital, and fashion are more than a fantasy. Accordingly, RTKFT’s vision of community and collaboration also suggests the wide spread utility that ends to the Metaverse..

The magic of Takashi Murakami.

Murakami lent his artistic touch to the collection by contributing NFT body parts, including eyes, clothing, helmets, mouths and other significant character traits. CloneX can be immediately recognized as having a ‘Murakami element’ due to its cartoon art, which is his signature style.

The collection was also inspired by the successful Crypto Punks collection, and the CloneX team hopes to generate rare items that can become collectibles, just like the Punks. The CloneX characters are technically called ‘3D manipulated models’, which means that holders can use them as AR filters in games, cameras and even zoom meetings.

The first batch, comprising 10,000 2 avatars, will be available to existing RTFKT collectors in a 10,000-day pre-sale, after which the other XNUMX characters will be available to the public. Prior to collaborating with RTFKT, Murakami partnered with other world-renowned icons, including Louis Vuitton and Kanye West.

He discovered RTFKT by accident on Instagram. And from there, he was enchanted by the potential of NFT and began communicating with the company’s team. Although they were separated by different backgrounds, Murakami and RTFKT shared the same passion for immersive creations.

The Japanese artist is one of the most decorated artist in the world and his physical pieces of art have been sought after by high end collectors for quite some time. His style is very distinct, loud, and colorful. You may even recognize his work from one of the most popular albums ever created, by one of the most popular musical artist today (Kanye West)

CloneX NFT collection first auction.

RTFKT Studios aimed to begin the public sale of its CloneX avatars on November 29, 2021. However, the attacks on its website started which made them to postpone it to the next day.

Accordingly, CloneX started its launch by a Dutch auction. In a Dutch Auction, the price of an NFT begins at a fixed price and drops by a fixed amount on a regular basis until it reaches its lowest price, which means that minting starts with a higher price and gradually drops until the project reaches its resting price or sells out. The Dutch auction for the CloneX began with 3 Ethereum for one of the 20,000 CloneX NFTs. CloneX NFT collection sale was set to go down by 0.1 ETH every 30 minutes. This means that it would take 10 hours for the sale to reach a price of 1 ETH.

The sale resumed as promised and quickly sold out, according to a message in the team’s Discord. However, many argue if an attack ever occurred since each activity in the Metaverse must match the hype.

Clone and Pod Ecosystem.

The floor of the CloneX avatars is now about 6 ETH, as it is the base for many other aspects of the RTFKT NFT ecosystem, backed by Nike IP. Owners of CloneX avatars were airdropped a Space Pod, a Loot Pod, and a MNLTH — an extremely high value-add just for holding one CloneX NFT.

RTKFT has made it clear that you don’t need a CloneX or Space Pod to use a Loot Pod or MNLTH, making those good entry points to the RTFKT NFT ecosystem.

Space Pods (floor: 0.39 ETH) are a virtual space which acts as a gallery to show off and customize your NFTs. Loot Pods (floor: 0.2 ETH) are an extension system which acts as additional space for your Space Pod. Finally, MNLTH (floor: 2.92 ETH) is a known collaboration with Nike — and it’s a mysterious box and nobody yet knows what it will do.

RTFKT caught in controversy.

Unfortunately, RTFKT also has its share of bad news, such as what happened in NFT’s recent ‘Dutch auction’ of its CloneX collection. The Dutch auction works by starting with a high price, which is gradually reduced until someone accepts the price.

The auction was halted midway through a «hack» on its website, forcing RTFKT to change its pricing rules and place a uniform price of 2 ETH on the remaining NFTs. Previous buyers criticized this decision, saying it was unacceptable and unfair to buyers who had already spent large sums of money.

Doubts and Clarifications.

While hacking incidents on NFT platforms and events seem to be the norm these days, OKHotShot, a network analyst, doesn’t buy the RTFKT story. The chain analysts said that with the significant capital the project raised, which amounted to $8 million, they should have at least invested in digital protection.

OKHotShot also requested verification of the IP addresses that «attacked» NFT’s collection website to determine if the company’s hacking claim was true. RTFKT CTO Samuel Cardillo said they had already «identified» the IP addresses and blocked them immediately.

Nike brings RTFKT home.

Rumors were spreading that Nike is very interested in venturing into the world of NFT and exploring its growing potential. On December 13, 2022, the rumors took hold when Nike bought RTFKT to explore its expertise in augmented reality, blockchain and digital assets.

After the announcement, investors flocked to the CloneX move, expecting RTFKT-related assets to rise in price. The value of CloneX jumped dramatically, from having only 3 ETH stocks before the announcement; it increased to 6 ETH after the news.

CloneX pros and cons.

There is much debate about CloneX project, mainly if it is worth investing. Many believe that the 20,000 NFTs of the project can create material for social media, video games and movies both inside and outside the Metaverse. Besides, NFT users can take the advantage of OnCyber to directly access CloneX using their NFTs. if you are not yet satisfied that CloneX is fun, remember that users may buy real-world collectibles as well as virtual collectibles through the game. All these could be done with the perfect interface on the website. However, hackers attacked the website at the time of auction.

Where to buy CloneX.

CloneX is available to NFT market through usual NFT platforms, however prices are high and may cause some dissatisfaction. While you can buy a Clone directly from OpenSea, a more affordable option is to check out marketplaces such as Fractional for fractionalized Clones.

In any case, if you wish to purchase a clone, just charge your wallet with ETH before choosing your Clone. Fractional’s supported wallets include Trust Wallet, Argent, and MetaMask.

Conclusion.

CloneX is definitely the start to a new era for RTFKT and the very first genesis avatars developed in NFT world. The advantage is more understood when you come to the Metaverse and its influence on over future, where a Clone will definitely be a flex, and allows us to live a digital life along with the real world.

With RTFKT now under Nike’s wing, it may survive the CloneX auction controversy it went through last year, but gaining the trust of its community may prove more difficult than expected. Trust has already proven to be an important asset in the NFT space, and RTFKT seems to be in more or less good shape now that it has been acquired by the world’s most valuable footwear company.

Being used across multiple platforms, even more important, Metaverse ready, RTFKT’s CloneX collection is one of the most anticipated NFT projects. This contributes to the creation of a thriving ecosystem in the CloneX universe. This project stands out due to its unique concept and backstory. All of these factors strongly suggest that RTFKT’s project has a lot of potential and will succeed in the NFT market.

By Alexandra Wicks.

Alex is a Web3 writer who shares the latest news on DeFi, NFT, Metaverse, crypto-currencies and blockchain. Passionate above all and very active in different Web3 projects, expert in network security his knowledge in his different fields make his articles often a reference.

What is an NFT: meaning, crypto, marketplace.

What do a piece of art which sold for $69 million, and Twitter CEO Jack Dorsey’s first tweet, which sold for $2.9 million have in common? They are both NFTs… but what does NFT mean? An NFT stands for NFT non-fungible token. This article will explain what an NFT is, why people are buying them, and how much they are worth.

NFT: meaning Examples of NFTs NFT: what can be sold Reasons to buy an NFT artwork Platforms to buy NFTs NFTs pricing Benefits of NFTs for artists.

What is an NFT?

There are two types of tokens in the Cryptocurrency world: fungible and non-fungible .

A fungible token is something with units that can be interchanged – like currency. For example, if you swap one $2 bill, for two $1 bills, the value will remain the same. If something is non-fungible, NFT it cannot be transferred. Its unique properties stop it from being interchanged with anything else (BBC News).

A non-fungible token (NFT) is a unit of data on a digital ledger, referred to as a blockchain. These transactions are structured as individual records (blocks), linked together in a single list (a chain).

By design, a blockchain is resistant to modification of its data. Once recorded, the data in a given block cannot be altered retroactively without alteration of all subsequent blocks. (Wikipedia).

As such, each NFT can represent a unique digital item, rendering them non-interchangeable. An NFT can represent digital files such as art, audio, videos, GIFs, items in video games, and other forms of creative work (like Tweets).

What are the examples of NFTs?

Recent examples of NFTs are Twitter CEO Jack Dorsey’s first tweet, the first ever tweet:

The Nyan Cat GIF was also sold as a NFT for $531,000.

Another example of NFT art is Everdays: The First 5000 Days which was sold for $69 million. It is a JPEG created by the artist known as Beeple. The image consists of a collage of 5000 images.

What can be sold as an NFT?

Technically, any digital asset can be sold as an NFT.

Why buy NFT artwork?

Buying a piece of NFT art is proof of ownership of the original , this applies to any NFTs, and whilst you could copy an NFT, it would not be the original. Putting the sale of NFT art into the context of physical paintings – anyone could buy a print of the Mona Lisa, however only one person can own the original artwork. This is the same principle of NFTs – anyone could download the Nyan Cat GIF, but only one person can own the original .

Where to buy NFTs?

Like the purchase and sale of physical arts, the commercialization of NFTs occurs in virtual galleries specialized in this type of content. Among the main ones, we highlight OpenSea, which aggregates sales from other platforms, NFT and Foundation, focused on visual arts. On these sites, it is possible to bid on the arts offered and obtain the NFT if your bid is the highest.

How much are NFTs worth?

NFTs have no real intrinsic value, they are only as worth as much as someone is willing to pay . If somebody decides to pay $2.9 million to own the first tweet, then that is their prerogative.

The NFT trend will certainly be interesting to watch over the coming months and years, to see how they continue to develop.

What are the benefits of NFTs for artists?

A NFT is an investment modality with the potential to generate significant profits for investors , but it can also be an excellent alternative for artists. At this time of pandemic, with concerts and other cultural activities compromised, this option may be even more attractive.

In addition to the value obtained from the initial sale of the NFT, there are mechanisms in place to ensure that the author of the work can earn long-term gains, such as a percentage of all future sales.

Samsung and Ledger’s NFT Project: Here’s What to Know.

Samsung Germany and Ledger unveiled a Web3-related program for the forthcoming Samsung Galaxy S23 launch.

by Cryptoflies February 9, 2023.

written by Cryptoflies February 9, 2023.

Samsung Germany and Ledger, the maker of crypto hardware wallets, have launched a Web3-related program for the upcoming launch of the Samsung Galaxy S23 later this month.

The initial stage in their partnership was the release of the «MX1 GENESIS EDITION» NFT — the first Samsung NFT to be released in Europe — which serves as a key pass for the Samsung Web3 ecosystem. It is available in four rarities: standard, rare, epic, and ultra.

Although the allowlist registration time has already closed, MX1GE Polygon-based NFTs are still available for purchase on OpenSea.

Samsung and interest NFT projects Ledger also released a Web3 Starter Bundle on Amazon, which includes a discount coupon for purchasing a Ledger Nano X hardware wallet — for safeguarding digital assets — and minting an NFT artwork from the Phase 2 MX1 ART Collection.

The Samsung MX1 ART Collection, which will be available on February 17, features artworks of art by well-known artists, including Antoni Tudisco, Bruno Urli, Charlotte Taylor & Anthony Authié, and crypto wallet may make money Nico Chiara.

Those who ordered the limited edition Samsung x Ledger web3 Starter Bundle or the Samsung Galaxy S23 will receive a code that will allow them to access the mint phase, choose an artist, and receive at random one of the three artworks made by each artist.

The roadmap’s next phases include the launch of raffles, music NFT mint, educational workshops, a Twitter space, crypto wallet may make money and more to come.

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We aim to keep you informed of the latest crypto, metaverse, and NFT trends by sharing the most relevant and recent news.

7 Best NFT Sports Cards Platforms for True Fans.

The 2018 World Cup marked the debut of NFT sports cards. The clubs during that time had some of the best football players in history. Since then, various platforms have introduced collectible NFT cards for baseball, basketball, WWE, NASCAR, and others.

The value of NFT cards increases or decreases with the players’ performance in the real world. So, if you bet on the right player, your NFT sports card can be a reasonably rewarding investment.

What Are the Best NFT Sports Cards?

Following the recent popularity of blockchain-based assets, many sports companies have introduced NFT trading cards for their fans. Consequently, these cards became integral to fantasy sports practices. In the following discussion, you will learn about some of the best NFT sports cards in the industry.

Here are the seven best platforms to find NFT sports cards.

1. SoRare.

SoRare is primarily a platform for fantasy football (and more recently Major League Baseball). Users can build virtual teams of five players with NFT sports cards available from SoRare. Your fantasy team gains points based on the performance of the selected players in real life. SoRare Website.

These points determine how your team ranks in SoRare’s fantasy football scene. Besides football, SoRare has also introduced the first official MLB NFT cards.

The SoRare sports cards are digital collectibles recorded on the Ethereum blockchain.

Types of cards range from common, rare, super-rare, limited, and unique cards. The token standard for most of these cards is ERC-721. You can sell, trade, and buy these player cards as a platform user. Therefore, SoRare users are also called ‘Managers.’

To participate in a competition, you need five NFT sports cards. Each of these cards represents a player who makes up your team. An eligible group must contain one forward, one defender, a goalkeeper, a midfielder, and a captain. The scarcity type of your card will determine what kind of competition you get to participate in.

Ultimately, if you build a good team and win competitions, you can make money playing SoRare.

As a ‘manager,’ you can play in the All-star, Under-23, Regional, Training league, or Weekly challenges. In all cases, you can use a combination of Unique, Rare, and Super Rare cards.

You can obtain these cards from auctions or buy them from other players, as well as find them available on the open market, like Opensea.

Also, you can win them in tournaments. Apart from that, there are free cards available in the common category. But these are not ‘rare or limited.’

You can get your winnings in the form of digital collectibles or Cryptocurrency. The type of tournament and your ranking will determine how scarce your prize is.

Also, the platform can award your winnings in the form of Ether. If you win, the platform will notify you in your account within the game and directly transfer the prizes to your wallet.

User expereince:

SoRare is focused on providing both native and non-native crypto users with a fun, easy-to-understand, fantasy sports experience.

If you’re looking to get started in collecting digital sports cards, SoRare is one of the most simple platforms considering you can use either fiat or cryptocurrency for purchasing their cards.

Basically, if you enjoy participating in fantasy football, you’ll do fine collecting cards and competing against other collectors using the SoRare platform.

Facts to consider:

SoRare is one of the first NFT sports card platforms to exist. It was founded in 2018 by Nicolas Julia and Adrien Montfort. SoRare managed to raise $680 million from SoftBank’s Vision Fund 2, which values the company at $4.3 billion. In 2021, SoRare NFT card sales totaled over $150 million.

Benefits:

SoRare makes it easy for anyone to start collecting and playing using NFT sports cards. You can use fiat or cryptocurrency to purchase your cards. You can get a free card if you sign up using a referral link (which you receive after buying 5 cards from their marketplace). You don’t need any money to get started playing.

Drawbacks:

There’s always a risk that you’ll lose money. You have to be knowledgeable about the team’s performance in real life if you want to buy good cards and be competitive. It can cost anywhere from $100 to $1,000+ to build a solid team and own rare cards.

2. DraftKings.

Draftkings is another fantasy sports platform that distributes digital collectible cards based on the Ethereum blockchain.

However, the opportunity to trade with cryptocurrency isn’t open yet. So, you have to obtain those NFT sports cards with traditional (fiat) money. DraftKings NFT Website.

The fees and cost for these NFT cards vary according to the individual collectible and its creator. Since 2012, when it started its journey, Draftkings has established itself in fantasy sports.

Later, in 2021 it introduced NFT sports collectibles. This is currently one of the hottest platforms for sports-related digital collectibles, with regularly updated listings.

Apart from buying new NFTs, you can also use the platform to trade collectibles you have previously purchased.

Essentially, Draftkings provides a secondary marketplace for your NFT trading cards. So, crypto wallet may make money when you join, you get access to a large community of enthusiasts with whom you can exchange, buy and sell your digital assets.

You must join the ‘Drop’ queues to purchase NFT collections on the platform. During an NFT Drop, Draftkings will release a single or group of NFTs on its marketplace on a predefined date and time.

Half an hour before this moment, the ‘Waiting Area’ will open. And users will enter the virtual spot and secure their positions.

To trade NFTs on the platform and participate in fantasy sports, you need to be at least 18 (in some states, you need to be 19 or 21).

Also, you cannot participate in the platform’s activities if you live outside the US or Canada.

User expereince:

Draftkings is another user-friendly NFT sports card platform that ensures an easy experience whether you are a novice or a pro. Although you can’t use crypto to buy your cards, you can use your debit or credit card for all your purchase.

In addition, DraftKings allows users to store their NFTs in the platform’s own custodial storage layer-2 wallet. That means you don’t have to pay costly gas fees to transact.

Facts to consider:

DraftKings has a solid reputation in the sports industry having been founded in 2012. The company is currently worth an estimated $7.65 billion. DraftKings offers weekly or daily fantasy sports contests for 13 sports: NFL, MLB, NBA, NHL, Golf, Men and Women’s Soccer, Tennis, CFL, NASCAR, MMA, eSports, and, XFL.

Benefits:

DraftKings understands the sports betting/collecting industry better than anyone. Collecting NFTs on DraftKings is simple using your bank card and their dedicated wallet for storing your collectibles.

Drawbacks:

Some may disapprove of not being able to use crypto to buy NFTs. Storing your NFTs in DraftKings custodial wallet as opposed to your own might turn some people off. (However, the option to transfer your NFTs into your own wallet is becoming available). Must live in the US or Canada to participate in the platform.

3. Candy Digital.

Candy Digital is what you need if you are after genuinely authentic NFT sports cards. Because Candy is the official NFT ecosystem for Major League Baseball.

So, the league officially recognizes all the digital collectible Candy offers. In addition, Candy has some of the best artists and designers to create the most attractive NFT cards and other sports memorabilia. Candy Digital’s Website.

Collecting cards on Candy is fast and easy. First, go to Candy’s website and create your account. Afterward, you can choose a product from their shop and add it to your Cart.

You can then pay with a credit or debit card to complete the order. Or, you might use funds in your Candy Balance to buy the collectibles.

There are numerous types of NFT sports cards available at Candy. And the best thing is that the price range offers something for everyone. The most inexpensive collection is ‘Play of the Day’, where every NFT costs around $15.00.

However, many of these NFTs have great future potential. So, you might be able to make an astonishing amount of money on this initial investment.

For fantasy baseball fans, the Candy ‘MLB Stadium Series’ might hold particular appeal. In this collection, you will find NFTs for all thirty teams in Major League Baseball.

However, baseball isn’t the only sport Candy prefers. Their licensed partnerships with NASCAR and WWE will also yield sports collectibles from these sectors.

Candy was founded in 2021, so it’s still relatively new. That being said, you might take advantage of the low prices to make some NFT investments for the future.

Besides the United States, Candy offers its NFTs to residents of the UK, Australia, France, Canada, Germany, NFT Hong Kong, Japan, Spain, and Portugal.

User expereince:

Candy Digital was the first sports NFT I ever bought. They make sure the buying process is easy (if not easier) than buying something on Amazon.

Moreover, you can quickly send money to your wallet using your bank card and you don’t have to own a crypto wallet to get started.

Instead, you just have to set up a Bitski wallet using your email address and a password.

Notably, all the NFTs they offer (they offer more than sports cards) are affordable for most people (anywhere from $1.50 to over $1,000 for their premium drops).

Facts to consider:

Candy Digital was formed by three executive partners: Michael Rubin, CEO, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor. The company raised $100 million over 1 Round of funding. Candy is valued at $1.5 billion.

Benefits:

Candy Digital offers an array of NFT collectibles including sports cards You can easily buy NFTs using just your bank card. The Bitski wallet Candy uses is easy for anyone to set up. Candy offers an affordable sports collectible for everyone. Candy utilizes the Palm sidechain to make the platform 99% more efficient than Ethereum itself.

Drawbacks:

If you are only looking for sports cards, Candy offers more than that. If you want to sell your Candy Digital NFT on the open market such as Opensea, you have to transfer your NFT to a different wallet, like Metamask. This costs money.

4. NBA Topshot.

NBA Topshot holds that same appeal for Basketball fans that Candy has for baseball enthusiasts. However, the digital collectibles from NBA Topshot utilize a different media—short video clips. NBA Topshot Website.

These digital sports trading cards are essentially highlighted clips (known as ‘Moments’) from NBA games. And therefore, they are licensed by the original organizations.

This NBA joint venture comes from the same company that created the hugely popular CryptoKitties—the project that helped make NFTs what they are today.

This company ‘Dapper Labs’, started NBA Top Shot in 2020. Considering their success in other projects, you can easily decide to invest in their NFTs.

One of the marvelous things about the platform is that you do not need a digital wallet to navigate the marketplace. In contrast, most platforms won’t let you access their marketplace unless you connect a digital wallet to them.

But on NBA Topshot, you only need to create an account. Plus, you can purchase the NFTs with both cryptocurrency and fiat currency.

Top Shot uses the ‘Flow’ blockchain to record its transactions. This is the proprietary blockchain of Dapper Labs. The sports cards or ‘Moments’ are short video clips that replay some memorable highlights from NBA’s history.

When you buy such a moment, it will exist in your account’s storage. From there, you can view it anytime you like, show it to others, or sell it on the Topshot marketplace to make a profit.

User expereince:

NBA Topshot is one of the earliest digital collectibles platforms. As a result, Topshot has gained recognition in the web3 community as being one of the first to arrive in the sports industry.

Not only that, but the platform offers NBA and WNBA fans a simple marketplace to buy, sell, and hold their favorite moments from basketball history.

If you are a true basketball fan, NBA Topshot is the go-to platform for collectible cards (Moments).

Facts to consider:

Topshot is an official partnership between the NBA and Dapper Labs, making it the first official NBA digital collectibles platform. NBA Topshot experienced over $826 million in trading volume, in 2021. The most expensive NBA Topshot card sold to date is a Legendary (#23/79) Lebron James moment. It sold for $230,023.00 on August 25, 2021.

Benefits:

NBA Topshot is the only official NFT collectibles platform of the NBA. Topshot will always be known as the first NFT platform associated with the NBA. Topshot offers users a simplified marketplace with affordable options starting as low as $2.00.

Drawbacks:

The NBA Topshot platform is not on Ethereum (the most preferred NFT blockchain). Topshot sales have slowed significantly since their rise to stardom in 2021.

5. ToppsNFTs.

ToppsNFTs introduced their Major League Baseball cards in April of 2021. Within a week of their release, those NFTs became one of the most popular NFT collectibles in just 24 hours.

And after over a year of their release, ToppsNFTs baseball cards are still one of the most desired digital sports cards among collectors and fantasy sports fans. Topps NFTs Website.

When you build a collection of Topps MLB NFTs, you can trade or sell them to others. You might also flaunt your collection on social media.

However, the main appeal lies in making a profit when you sell them at a much higher price in the future. Because Topps burns their assets to maintain an increased scarcity.

Topps has used the WAX blockchain to build these collectibles. So, you will need to create a WAX Cloud wallet. After that, sign in to Topps MLB from your wallet and go to «Shop.»

You select the NFTs pack «MLB Series 1» from there and buy it. When the purchasing process is complete, you will see the ownership on your WAX wallet.

Before any purchase or trading, it is advisable to gain some knowledge about the collectible. And you can easily do that on the WAX blockchain.

Here, the details and history of the NFTs are available for everyone to see. WAX will provide you with the specifications, creation date, rarity, proof of authenticity, and all critical information about each card.

User expereince:

ToppsNFT’s marketplace is one of the most simple to navigate. The tabs allow you to filter cards by brand, teams, players, mint numbers, price range, and rarity.

Along with its tabs, you can view the details of each individual card. Here you can see the details of the card, how many were minted, the lowest asking price, as well as the highest sale price.

In addition to its well-laid-out marketplace, ToppsNFT has a blog that often releases new content to help explain upcoming drops and updates about the platform.

Facts to consider:

Topps is one of the oldest sports card brands dating back to 1938. The e-commerce company, Fanatics (valued at $18 billion), acquired tops for $500 million in January 2022. Topps brand is valued at $1.3 billion. ToppsNFTs are officially licensed by Topps.

Benefits:

Topps has a good track record and is a respected sports card brand. Now that Fanatics owns Topps, there are even more possibilities for the brand to expand. The ToppsNFT marketplace is familiar and easy to use for anyone.

Drawbacks:

ToppsNFT is technically still in Beta mode. The WAX blockchain utilized by Topps is far from the most preferred blockchain.

6. Panini Blockchain.

Panini had been a collectible business even when blockchain technology wasn’t around. Back then, the company sold physical trading cards, comics, etc. PaniniBlockchain Website.

In current times, they have caught up with the latest trends in the digital world. Now, they are offering their collectibles as NFTs.

Digital collectibles from the Panini Blockchain allow collectors to truly own their favorite Panini trading cards as digital collectibles.

Previous, Panini collectors couldn’t be the actual owners of the collectibles. They only owned a copy that they paid for. But with NFTs, you are the owner of a unique piece. And the proof of ownership is recorded on the blockchain.

The platform will randomly stuff «minted» NFTs into packs. Then, these packs go up for auction.

The transaction is saved on the blockchain when you buy it or open the pack. As the company puts it —the Panini NFT card comes with a «Seal Of Authenticity.»

However, it’s best to remember that NFTs are blockchain-based assets. So, like any other assets, their prices will rise and fall.

For instance, the value of a Panini Sports NFT card might decrease if the athlete fails to perform in the real world. Also, «Rarity» (aka scarcity of the asset) and market demand will drive the prices up and down.

Moreover, if the blockchain that Panini operates on fails the platform, then Panini NFTs could be stripped of any value they have.

User expereince:

At first glance, PaniniBlockchain’s website looks simple but can actually be confusing. The main page smashes all the different categories together making it difficult to navigate.

However, if you learn how to navigate using the main tabs on the top of the blockchain page, it does become easier.

Ultimately, I feel like that website could be better organized, but if you can look past this fact, then the user experience isn’t too bad.

Facts to consider:

Panini is another ‘OG’ in the sports card industry. Panini is valued at $3 billion. Fanatic replaced Panini as the exclusive producer of licensed NBA trading cards.

Benefits:

PaniniBlockchain has several types of NFT sports cards to choose from, including baseball, basketball, collegiate, football, soccer, and UFC. You can buy digital trading cards using your bank card or PayPal. There are no fees for transacting on PaniniBlockchain.

Drawbacks:

PaniniBlockchain is created on a unique blockchain called Hyperledger Sawtooth. This blockchain is rather unknown to most people. The PaniniBlockchain website could use some optimization.

7. CryptoStrikers.

CryptoStrikers is the pioneer in digital sports cards. Their first NFT card was Gianni Settino’s. It was created in May 2018 by artist and creator, Gilang Bogy, and released during the World Cup in June. CryptoStrikers NFTs on Opensea.

This Gianni Settino card is the first ever Sports NFT card in history. CryptoStrikers is the first project to introduce digital sports cards for global superstars.

Since these NFTs were created before the current Ethereum standard for NFTs, users had to «wrap» them in code so they could be traded on a secondary marketplace like Opensea. Hence, they got the nickname, «Wrapped Strikers.»

The rarity of these digital sports cards is what appeals to people the most. There will only ever be 10,261 original Crypto Striker Cards in existence.

With that, the Pack sale closed during the 2018 world cup. So, you can no longer get freshly minted cards.

When these cards were active, you could stake them during a match. If your player scored a goal, If you’re ready to see more info regarding copy-trade.site have a look at our website. the blockchain would record a » Gold Star» for your card.

These stars increased the rarity of the card and increased its value. Now the cards that were staked back in 2018 are worth more, considering they are a true digital collectible.

Furthermore, Gilang Bogy collaborated with serial entrepreneur and creator of VeeFriends, Gary Vaynerchuk, to create the VeeFriends Iconics series—a collection of one-of-one NFTs featuring the VeeFriends Series 1 Spectacular characters—reimaged in Bogy’s signature fractured WPAP style.

This is a huge collaboration, and in my opinion, only increases the value of Gilang’s original CryptoStrikers cards.

Opensea is the best place to collect these cards as of today. And yes, they are listed as «Wrapped Strikers», not «CryptoStrikers.»

User expereince:

Considering the official CryptoStrikers marketplace is no longer active, you have to buy these collectible cards on an NFT marketplace like Opensea. If you’ve never used Opensea before and don’t own a crypto wallet, this might seem intimidating at first.

However, learning how to buy an NFT is simple when you have the proper guide.

The best thing about CryptoStrikers is that they’re historically significant. They are literally the first sports NFT on the Ethereum blockchain, that alone is worth something.

Facts to consider:

CryptoStrikers is the first sports card project on the Ethereum blockchain. Gilang Bogy is a respected digital artist with over a decade of expereince. There will only ever be 10,261 of these cards in existence. Gilang collaborated with Gary Vee—creator and operator of his extremely successful NFT brand VeeFriends.

Benefits:

CryptoStrikers will forever have historical significance in the collectible space. These cards are still somewhat affordable for being such a limited edition. CryptoStrikers is built on the preferred NFT blockchain. The artist of these cards is continuing to pursue his love for art by collaborating with other prominent leaders in the NFT space.

Drawbacks:

CryptoStrikers is no longer actively being worked on. You can only buy a CryptoStrikers card on an NFT marketplace using cryptocurrency.

Final thoughts.

Finding the best NFT sports card platform to buy your digital cards ultimately depends on your goals. Do you want to actively participate in games? Then consider going with SoRare or DraftKings.

Or would you rather sit back, relax, and build a unique collection? If so, consider going with a platform where less engagement is required, such as ToppsNFT or CryptoStrikers.

Alex is a professional writer and the creator of Cyber Scrilla. His passion for Web3 and blockchain tech comes from years of experience in the space as an investor and collector. He previously worked for Gary Vaynerchuk as his NFT Editor at ONE37pm and still contributes to this day.

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