This week, the National Basketball Association (NBA) announced the launch of its own NFT initiative called “NBAxNFT.”
has seen an aggregate of 16,006,548 sales which equates to $885.6 million since the NFT’s inception.
The recently launched Discord channel has more than 35,000 members at the time of writing and according to the NBA, 2022 Playoff NFTs will be released this weekend. “We’re showcasing all things intersecting basketball and web3, including NFTs, gaming, and the metaverse,” the NBAxNFT Twitter accountannouncedAt press time, it has not been disclosed by the NBA whether or not Dapper Labs or the Flow blockchain will be involved, despite mentioning the company in a tweet about partners. Discussions stemming from the NBA’s Discord channel hint at the upcoming NFT drop being issued on Ethereum.
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