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
The Switch
The Switch is a unique, “one of one” NFT that demonstrates the evolution of artwork in the digital realm. The Switch is developed to change form at a specific point of time in the future, known by Pak. The evolution is determined and rendered immutable by smart contracts, or self-executing code on the Ethereum blockchain.
ˈSÄ-V(Ə-)RƏN-TĒ
"I'm not smart enough to be an astronaut." That is what 7 year old Rayden told Micah the first time they met. How can a 7-year-old already feel limitations on his dreams? For centuries, the black community has been the target of a system designed to limit their power, their earning potential, their dreams. Now is your opportunity to help destroy the system. For the next 11 years, on each brother's birthday, (Rayden, Aug. 10/ Jacque Nov. 6), you the viewer, will be able to directly contribute Bitcoin to a wallet that will be given to each child upon turning 18. In what is one of the most powerful use cases for Bitcoin, 100% of your contributions and earnings will open all new doors for these special young men.
Wink
The eye of providence blinks. Originally posted to tumblr June 26, 2012.
Playtime At Le Mans
Playtime At Le Mans | From [The Room] series A creation which focuses on minimalism and the beautiful characteristics of the famous Le Mans Porsche 917K. Do you prefer the relaxed day cycle of the Gulf Blue... or the more engaging and exciting Gulf Orange. What mood are you in? Will you win over your imagination. The cycle of time lives on...
CryptoKitties
Mahalo! I'm Kitty #443796. My friends describe me as wondrous and stinky. When I'm not watching reality tv, I'm riding the bus! Can't wait to eat ice cream with you!