Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

NFL unveils 2022 Draft ticket NFTs on Flow

Published 04/26/2022, 07:51 PM
NFL unveils 2022 Draft ticket NFTs on Flow

The National Football League (NFL) has once again dabbled into the world of NFTs. This time around, the league is marking the 2022 NFL Draft with a new NFT collection. The event, which is scheduled to happen later this week from April 28-30, will feature card-themed digital collectibles inspired by each of the league’s 32 teams.

The NFL Draft NFTs launched on Monday on the league’s own Polygon-based platform. 52 NFTs priced at $52 apiece were available for each team. Moreover, the latest collectibles were minted on the Flow blockchain rather than on Polygon, which has been used for previous NFL NFT drops.

Although each NFT is described as a “virtual commemorative ticket” for the NFL Draft, it would not serve as an actual access pass to the live event in Las Vegas.

Meanwhile, this year’s “Inner Circle” guests, which includes fans chosen to represent each team on draft night, will also receive NFTs tied to an onsite prize promotion.

The league has continued to explore the potential of NFTs. Back in February, it used the platform for virtual commemorative tickets based on Super Bowl LVI. The NFL also recently released commemorative NFT tickets based on past Super Bowl championship games.

A representative of the league reportedly told newsmen that the NFT has so far issued more than 500,000 NFTs tied to ticket purchases since it launched the NFT marketplace. Nearly 45% of the said 500,000 were directly interacted with by their owner, a percentage that the league considers a win in terms of engagement.

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

Continue reading on BTC Peers

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.