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Magic Johnson Releases Anthology NFT Collection on NBA Top Shot

Cryptocurrency May 25, 2022 01:30PM ET
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Magic Johnson Releases Anthology NFT Collection on NBA Top Shot

Legendary NBA player Magic Johnson has slam dunked his way into the NFT market with ‘The Anthology: Magic Johnson’. The NFT collection is set to drop on June 7th, and will consist of 1,600 NFT pieces. The collection featuring Johnson’s career highlights will be available on the NBA Top Shot website, which is based on the Flow blockchain.

1,200 of the NFT packswill be airdropped to bidders who have a Top Shot score of 1,200 or higher, while the other 400 NFT packs will be purchasable by anyone on the site.

Magic Johnson played 17 seasons for the Los Angeles Lakers until 1996. He won 5 NBA rings, as well as being named both Regular Season and Finals MVP three times each. “I’m really excited to partner with NBA Top Shot to release my first NFTs and bring some of my favorite moments from my career to fans everywhere”, said the 5-time NBA champion.

Frequent Basketball Collaborations with the Crypto World

Just months ago, another NBA legendary player Metta World Peace, formerly known as Ron Artest, struck a deal with Blanksoles to design sneaker-themed NFTs called ‘Metta Designsoles‘ on the Solana blockchain.

Recently, Bill Lee, the founder of MyDoge wallet bought a basketball team in Ice Cube’s ‘BIG3’ league. Surprisingly, this became the largest business transaction in Dogecoin’s (DOGE) history at a whopping $600,000 in DOGE.

The BIG3 league is a community-based NFT basketball league, meaning that any fan can purchase ownership of a team through NFTs. So far, the opportunity has been taken by not only Bill Lee, but also by Snoop Dogg, who did so in collaboration with PayPal (NASDAQ:PYPL) Co-Founder Ken Howery, buying a minority stake in BIG3 team Bivouac.

Furthermore, The National Basketball Association has released an official NFT card collection featuring players currently participating in the strongest basketball league of the world. Fans are excited to see how the NFT cards will evolve and change based on the corresponding player’s real performance. The minimum bid for the cheapest of these NFT collectibles is just 0.01 ETH (currently worth about $20 USD at today’s prices), making it accessible to many more users than the average NFT collection on OpenSea.

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Magic Johnson Releases Anthology NFT Collection on NBA Top Shot
 

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