03/11/2023 NBA Star Victor Wembanyama NFT Just Broke His Trading Card Record—Here's How

San Antonio Spurs phenom Victor Wembanyama is putting up numbers—both on the court and in Sorare NBA. Here’s how much his NFT sold for.

wemby-sorare-nft-gID_7.png

AnEthereumNFT trading card based on NBA rookie star Victor Wembanyama sold for over $110,000 Thursday, apparently topping the record sale for one of his physical trading cards.

Released by Sorare NBA, an officially licensed fantasy basketball game, the single-edition “Unique” digital trading card of San Antonio Spurs player Wembanyama—this year’s first pick in the NBA draft—ultimatelysold for 61.182 ETH, or about $110,120 at the time that the auction concluded.

According to media reports, the top sale for a physical Victor Wembanyama trading cardcame in August at a price of $67,333via auction platform Goldin, which included the buyer’s premium. That was for a “pre-rookie” card ahead of his official NBA debut. Sorare’sNFTauction came just days after “Wemby” started racking up numbers on the Spurs.

“It is a testament to Victor Wembanyama’s enormous talent and popularity as a rising star of the league, as well as the core advantages of a digital Sorare card over a traditional physical sports collectible—proven ownership and real utility,” a Sorare representative toldDecryptvia email.

Sorare launched in 2019 with itsoriginal fantasy soccer game, which remains its largest draw, and has since launched league-specific games with the National Basketball Association and Major League Baseball. Each game features NFT trading cards that can be used in-game by players to build their lineups, which can then earn them rewards such as cryptocurrency and additional NFTs.

Between its platforms, Sorare has generated more than $713 million worth of NFT sales to date, per data fromCryptoSlam. The company lastraised a $680 million Series Bfunding round in 2021 that valued Sorare at $4.3 billion.

Sorare NBA’s record NFT sale came back in February, when an NFT based on Milwaukee Bucks star Giannis Antetokounmposold for 113.9 ETH, or about $187,000 worth at the time.

Arts

https://decrypt.co/204203/nba-victor-wembanyama-nft-broke-record?amp=1

Interesting NFTs
30K
Artist notes: the halving ceremony is the most unusual part of modern bitcoin production in which the owners bet on how efficiently an alpha can inseminate the market.
CryptoKitties
Oh hi! I'm Kitty #450785. I'm often referred to as the Marge Simpson of the group. I like to listen to Gloria Estefan while grooming. Don't judge me. Can't wait to eat cereal with you!
The Blockchain
Symbiotic crypto-currency relationships
Source Code for the WWW
OWNER: Sir Tim Berners-Lee Sir Tim Berners-Lee, b. 1955 Source Code for the WWW 1990-1991 Work includes: Original archive of dated and time-stamped files containing the source code, written between 3 October 1990 and 24 August 1991. These files contain code with approximately 9,555 lines, the contents of which include implementations of the three languages and protocols invented by Sir Tim; HTML (Hypertext Markup Language); HTTP (Hyper Transfer Protocol); and URIs (Uniform Resource Identifiers), as well as the original HTML documents that instructed early web users on how to use the application Animated visualization of the code being written (Video, black & white, silent), lasting 30 minutes 25 seconds A Scalable Vector Graphics (SVG) representation of the full code (A0 841mm wide by 1189 mm high), created by Sir Tim from the original files using Python, with a graphic representation of his physical signature at lower right A letter written in the README.md file (in “markdown” format) by Sir Tim in June of 2021, reflecting upon the code and his process of creating it Non-fungible Token ERC-721 Minted on June 15, 2021, ed. 1/1 Smart Contract Address: 0x86ade256037d80d6d42df8df96d5be21cd25bd8f
Faceplant
Facebook logo factory. 3D animation, 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Octane, and After Effects. Originally posted on TikTok (@jigpx) on 1/4/21. 38.7m+ views, 2.1m+ likes (as of 4/22/21).