Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Chicago Bulls To Drop The Aurochs NFT Collection on Coinbase

Published 09/14/2022, 06:57 AM
Updated 09/14/2022, 07:30 AM
© Reuters.  Chicago Bulls To Drop The Aurochs NFT Collection on Coinbase
GOOGL
-
GOOG
-
ETH/USD
-
COIN
-

The legendary Chicago Bulls have 6 rings to their name and an emblem that hasn’t been changed since 1966. Now, the basketball club with deeply rooted traditions is entering the NFT space with The Aurochs NFT collection. An auroch is a predecessor to the bull, marking the philosophy behind the team that had arguably the best line-up of all time in the Michael Jordan era.

One of the most experienced artists working on the NFT campaign is the former Google (NASDAQ:GOOGL) Creative Director Julian Gilliam, better known as LOGIK. The renowned digital artist is also a member of the Bored Apes Yacht Club, as he owns Bored Ape #2265. On top of that, Julian Gilliam has contributed to his community by opening a Japanese language school for black & brown kids of Chicago. Moreover, all the classes at Chiba Center are free. In a nutshell, LOGIK is definitely the one to “watch out for”.

Chicago Bulls first entrance into the Web3 space is community-focused. The roster of all participating artists is available on Coinbase (NASDAQ:COIN), whilst every participant was able to vote on the charitable cause of the project.

This time, it’s After School Matters, a charity in Chicago. The program provides after school activities for students in impoverished communities. Moreover, After School Matters organizes summer camps and covers leadership development, sports, arts & communication.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The remixed logo of the Chicago Bulls will be featured in 23 unique NFTs by 23 different digital artists. The NFT collection is set to launch on Thursday, September 22. The prime sale will last 24 hours. Furthermore, the floor price is just 0.2 Ethereum (ETH), which converts to $320,28 at the time of this publication.

  • Despite plenty of new NFT projects emerging, the NFT market sales volume has plunged by 82%.
  • The total NFT market capitalization has also dropped by 33% in just a week.
  • Now the NFT market cap stands at $2,270,713,820.88, according to CoinMarketCap.

Why You Should Care

The Chicago Bulls: The Aurochs NFT collection is going to be featured on Coinbase NFT marketplace. As the Coinbase NFT is still in beta mode, the success of these NFT collections will be crucial for the further development of the NFT market.

Read about other NFT collections featured on the new Coinbase NFT site:

Method Man Drops Wu Tiger Clan NFT Collection on Coinbase

Bored Apes NFT Metaverse Band Joined by Actual Producers of Jay Z & Beyonce

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.