The auction, in which digital ticket stubs and championship rings from legendary games were sold, took place on May 1.
#Last name of the orginal golden ticket creator professional#
Inspired by the wildly successful NBA Top Shot and Dallas Mavericks owner Mark Cuban’s interest in NFTs, the San Francisco Golden State Warriors basketball franchise became the first professional sports team in the United States to release an official NFT series this week. Sports franchises continue to see marketing potential in NFTs Several notable NFT platforms use the product, including OpeaSea, Nifty Gateway and NBA Top Shot. The Alchemy developer platform has been described as the blockchain equivalent of Amazon Web Services. Global tech-focused investment management company Coatue and Lee Fixel’s early-stage investment firm Addition led the funding round. They include Manchester United’s owners, the Glazer family the band The Chainsmokers actor Jared Leto and venture investment firm DFJ Growth.
The latest investments into the San Francisco-based firm take its total valuation to around $500 million.Īs reported by CNBC, several big names took part in Alchemy’s recent funding round. On April 28, blockchain middleware startup Alchemy announced the conclusion of an $80 million series B funding round. indie rockers Kings of Leon’s latest album, When You See Yourself, which came out in March. On the other, sales of unique Eminem-produced beats were underwhelming last week - as were sales of U.S. On the one hand, NFT sales of the indie artist and cryptocurrency supporter 3LAU’s album Ultraviolent totaled $11.7 million. Recording artists’ successes in the fledgling NFT space have so far been varied. The deal will enable WMG artists to release their own NFT avatars and digital wearables.Īcknowledging NFT drops by musicians such as Deadmau5, Eminem, Grimes and Sean Mendez, Forbes reported the major label’s entry into the market as an industry first. The firm that works with some of the most prominent recording artists on the planet has entered a global partnership with tech startup Genies. International record label and entertainment company Warner Music Group announced its first foray into the NFT market this week. OKEx Insights covers these stories and more in this week’s NFT Snapshot. Speaking with CNBC, the celebrated digital artist opined that NFTs would be around for “many decades.” Such developments in the young sub-industry support claims made by record-breaking NFT creator Mike “Beeple” Winkelmann this week. This week saw the NBA’s Golden State Warriors auction an independent NFT series and five Italian soccer teams join Sorare.Įlsewhere, Warner Music Group teamed up with tech startup Genies to produce NFTs for the recording artists it works with as NFT infrastructure startup Alchemy raised an additional $80 million.
Despite investor sentiment remaining cool in the wider NFT market, CryptoPunks still attracted seven-figure sales, LarvaLabs released Meebits and more sporting franchises embraced digital collectibles.Īlthough the hype surrounding the nonfungible token market is nowhere near the level seen earlier this year, the sector continues to see positive developments.įollowing the success of NBA Top Shot and Sorare, sports clubs are increasingly aware of the potential of NFTs.