{"id":10294,"date":"2021-07-31T09:55:37","date_gmt":"2021-07-31T09:55:37","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/digital-ticket-stubs-new-york-knicks-launch-teams-first-nft-collection\/"},"modified":"2021-07-31T09:55:37","modified_gmt":"2021-07-31T09:55:37","slug":"digital-ticket-stubs-new-york-knicks-launch-teams-first-nft-collection","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/digital-ticket-stubs-new-york-knicks-launch-teams-first-nft-collection\/","title":{"rendered":"Digital Ticket Stubs: New York Knicks Launch Team\u2019s First NFT Collection"},"content":{"rendered":"

On Tuesday, the New York Knickerbockers, in partnership with Sweet, launched the NBA team\u2019s first-ever non-fungible token (NFT) collection. The NFTs feature limited edition digitally designed 3D game tickets made specifically for the Atlantic Division basketball team. With less than 24 hours left on the auction, the Knicks\u2019 NFT sale has sold out a number of tickets.<\/strong><\/p>\n

3D NFT Tickets from 5 Classic New York Knicks\u2019 Games<\/h2>\n

A number of NBA teams are getting in on blockchain technology and many American professional basketball teams have engaged in all types of crypto concepts like NFTs and partnerships aimed at elevating cryptocurrency adoption.<\/p>\n

The NBA has its own Blockchain Advisory Committee<\/a> and teams like the Portland Trail Blazers<\/a>, Boston Celtics<\/a>, and Cleveland Cavaliers<\/a> have recently stepped into the blockchain fray. This week the New York Knicks launched its first-ever NFT collection as the professional team recently partnered with the NFT marketplace Sweet<\/a> to auction the collectibles.<\/p>\n

The Knick\u2019s NFT collection<\/a> saw five game tickets issued and so far three of the lots have sold out. Then there\u2019s the Knick\u2019s 2020-2021 commemorative plaque<\/a> auction item. \u201cCommemorate the Knicks\u2019 2020-2021 season with this one-of-a-kind 3D NFT that displays all 5 tickets,\u201d the nyknft.com website explains. \u201cThe highest bidder receives the 1-of-1 ticket plaque and mint #1 of all 5 individual ticket NFTs delivered to a preferred wallet.\u201d<\/p>\n

The New York Knicks\u2019 commemorative plaque NFT auction item.<\/p>\n

According to the commemorative plaque auction item\u2019s description, the five games being highlighted via digital tickets in the commemorative plaque include:<\/p>\n

April 9: OT victory over the Memphis Grizzlies to tip off 9-game win streak
\nApril 24: 9th victory in a row after defeating the Toronto Raptors
\nMay 16: Celtics win to close out regular season & clinch #4 seed for the Eastern Conference Playoffs
\nMay 23: First playoff game at MSG in 8 years & largest indoor event in NYC since March 2020
\nMay 26: Knicks erased a 13-point halftime deficit to even the series at 1-1<\/p>\n

<\/p>\n

The commemorative plaque auction ends at 12:00 p.m. (EDT) on Saturday, July 31, and the current highest bid by the Sweet marketplace user \u2018Esteban M.\u2019 stands at $5,565.55<\/a>. The NFT tickets for the Knicks\u2019 April 9 OT victory and the April 24 ninth consecutive victory are the only two single 3D game tickets that remain. The batch of New York Knicks\u2019 NFTs are Ethereum-based ERC721 token-type collectibles, according to the auction website.<\/p>\n

Non-fungible tokens have seen a lot of attention in recent times, and the hype has gotten so pricey that some projects are fractionalizing NFTs<\/a>. The popular television stars and entrepreneurs Mila Kunis and Ashton Kutcher launched<\/a> an animated series called \u201cStoner Cats\u201d and only NFT holders can watch. However, as far as sports fans are concerned, a recent survey<\/a> shows nearly three out of four people are \u201cmoderately skeptical\u201d about the longevity of NFT investments.<\/p>\n

What do you think about the New York Knicks NFTs? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nBlockchain, blockchain technology, Boston Celtics, Cleveland Cavaliers, ERC721, marketplace.sweet.io\/, NBA, NBA teams, New York Knicks, NFT Auctions, NFT marketplace, NFTs, Portland Trail Blazers, Sports, Sports NFTs, Survey, Sweet, Sweet Marketplace<\/p>\n","protected":false},"excerpt":{"rendered":"

On Tuesday, the New York Knickerbockers, in partnership with Sweet, launched the NBA team\u2019s first-ever non-fungible token (NFT) collection. The NFTs feature limited edition digitally designed 3D game tickets made specifically for the Atlantic Division basketball team. With less than 24 hours left on the auction, the Knicks\u2019 NFT sale has sold out a number…<\/p>\n","protected":false},"author":0,"featured_media":10295,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-10294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10294"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=10294"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/10295"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=10294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=10294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=10294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}