ART & COLLECTABLES
Legacy NFT Collection Announced by Golden State Warriors
Golden State Warriors are the first professional sports team to release an officially licensed digital collection of memorabilia; the auction is now open, with proceeds benefiting the Warriors Community Foundation.
It was revealed today that the Golden State Warriors have become the first professional sports team to introduce an NFT Collection. The Golden State Warriors Legacy NFT Collection is an officially approved digital collection that commemorates the team’s six NBA championships and features digital collectibles of the team’s most famous games. The Warriors Community Foundation, which has awarded over $22 million in impact for Bay Area educational equity since its establishment in 2012, will receive a portion of the auction proceeds.
GSWNFT.com is where fans and bidders can see the whole range, which contains a number of one-of-a-kind pieces. The main collection auction will end on Saturday, May 1 at 8 p.m. PDT, and the 1-of-1 sales will end on Sunday, May 2 at 8 p.m. PDT.
The Warriors Championship Ring NFTs and the Commemorative Ticket Stub NFTs, both modeled by artist Black Madre and minted on the blockchain, will be combined with live experiences, such as involvement in a Warrior-for-a-Day event and a custom championship ring presentation during a future game.
Warriors Chief Revenue Officer Brandon Schneider said, “The digital collectibles excitement is palpable.” “We see NFTs and company digitization as a mainstay for engaging our fans around the world. We’re always looking for new ways to be creative and innovative as a business, and launching this unique NFT Collection is the latest step in that direction. Furthermore, we value the fact that proceeds from this project will benefit the Warriors Community Foundation at a crucial juncture in our community’s effort to restore educational practices following the pandemic.”
The Warriors Championship Ring NFTs set includes limited-edition collector NFTs of the team’s six NBA Championship Rings, as well as a 1-of-1 Warriors Six-Time NBA Champion Ring NFT that combines all six championships into a single never-before-seen NFT. The following items are included in the collection:
- 1947 NBA Championship celebrating the first championship in league history (25 editions)
- 1956 NBA Championship (25 editions)
- 1975 NBA Championship (25 editions)
- 2015 NBA Championship (50 editions)
- 2017 NBA Championship (50 editions)
- 2018 NBA Championship (50 editions)
- 1-of-1 Warriors Six-Time NBA Champion Ring
A physical Warriors Championship Ring will be given to the bidder who purchases the first edition of each Warriors NBA Championship Ring NFT. The winner of the 1-of-1 Six-Time NBA Championship NFT will receive a one-of-a-kind physical ring made by Beverly Hills jeweler Jason and will be presented with the ring on-court at a potential Warriors home game. A Warriors Championship Banner NFT will be unlocked for collectors who buy all six Championship Ring NFTs and complete the collection.
With each ticket stub hand illustrated and digitally produced by the renowned artist Black Madre, the Warriors Commemorative Ticket Stub NFTs will bring to life some of the most famous and memorable moments in franchise history.
The Golden State Warriors Commemorative Ticket Stub NFTs contain the following items (each limited to 10 copies):
- The First Ever NBA Championship (Game 5) – Warriors vs. Stags; April 22, 1947
- 1956 NBA Championship (NBA Finals Game 5) – Warriors vs. Pistons; April 7, 1956
- 1975 NBA Championship (Game 4) – Warriors vs. Bullets; May 25, 1975
- We Believe First Round Upset (NBA Playoffs First Round Game 6) – Warriors vs. Mavericks; May 3, 2007
- 2015 NBA Championship (NBA Finals Game 6) – Warriors vs. Cavaliers; June 16, 2015
- Single Season NBA Wins Record (73) – Warriors vs. Grizzlies, April 13; 2016
- 2017 NBA Championship (NBA Finals Game 5) – Warriors vs. Cavaliers; June 12, 2017
- 2018 NBA Championship (NBA Finals Game 4) – Warriors vs. Cavaliers; June 8, 2018
- Last regular season game at Oracle Arena – Warriors vs. Clippers; April 7, 2019
- First Game at Chase Center – Warriors vs. Clippers; October 24, 2019
- 1-of-1 Warriors Golden Ticket NFT – Commemorating franchise history over the last 75 years
The Warriors Golden Ticket NFT blends 75 years of franchise history into a one-of-a-kind ticket stub NFT. The highest bidder will receive a Warrior-for-a-Day experience, which includes the opportunity to sign a mock one-day contract with the Warriors, courtside tickets for two to a Warriors home game, and more. A Warriors Historic Moment Showcase NFT will be unlocked for collectors who buy all 10 Ticket Stub NFTs and complete the package.
Both editions will be sold in an English auction to the highest bidder, and participation will include a MetaMask Wallet and an OpenSea account. All auction information can be found at GSWNFT.com. The auction will only accept Ethereum and will not accept credit cards. If a bidder beats all other bidders in the last 10 minutes of an auction, the auction will immediately be extended by 10 minutes. The Warriors Community Foundation’s website can be found HERE. The Warriors collaborated with Medium Rare to launch the Legacy NFT Collection, the same company that worked with GRONK to develop and execute the Rob Gronkowski Championship Series NFT Collection last month.
ART & COLLECTABLES
NFT Show Europe was all about innovators of the Future of the Internet: web 3.0, metaverse, blockchain, and digital art￼
Valencia, October 10th 2022: NFT Show Europe, the leading event on Web 3.0, Blockchain, Metaverse and Digital Art took place in the futuristic venue of the City of Arts and Sciences in Valencia, Spain. From the 17th to the 18th of September 2022, #NFTSE attracted over 2300 visitors from 59 countries.
The show featured a packed conference programme with world-renowned speakers. Topics covered included the use of Blockchain and Web 3.0 oriented technologies in traditional businesses, gaming, sports, fashion, art and collectibles, among others.
First edition beyond expectations
“The event showcased the very best in European talent, demonstrating the unstoppable growth of these technologies and its potential in both business and artistic innovation.” explains Patrick Cyrus, Marketing Manager of #NFTSE22.
“We already count with the support of big players such as Tezos, Polkadot, Zeroframe, Crypto Page, Block Ape Scissors or Wert. All of us were equally impressed with the level of potential collaborations and we are already looking forward to the next edition.”
NFT Show beyond Europe
#NFTSE gathers some of the most influential companies and artists to discuss the latest trends and developments. The event was a major boost for the web 3.0 industry companies, fostering new partnerships and collaborations, which helped to solidify its position as a major meeting point in this world.
With visitors from 59 countries attending, the event showcased the latest in blockchain and web3 technologies and its potential applications in the real world.
The speaker line-up was formed by industry leaders such as Takayaki Suzuki, CEO of Metatokio and Esen Tümer, Founder of Metaverse Hub. Other notable speakers included Hide Uehara, Director of Business Development for Square Enix or Sam Hamilton, the Creative Director of Decentraland Foundation.
Showcasing more than 170 artworks by artists such as Zancan, Solimán López, Pablo Alpe, Ulysses, A.L. Crego or Jenni Pasanen, the art exhibition included exclusive minting by fxhash.com, workshops, interactive installations, panel discussions and XR experiences.
Conclusions & Trends
“Web 3.0 technologies provide a way for users to create and interact with digital assets in a virtual space. These technologies have the potential to revolutionize many industries, including gaming, art and finance. NFT Show Europe provided a platform for leading experts to share their insights on those industries in a futuristic business-art atmosphere.” adds Esen Tümer, Founder of MetaverseHub based in Turkey, Istambul.
NFTs and crypto are transforming the art industry by providing creators with a new way to monetize their work and by giving collectors a new way to invest in art. They can be used to track and prove ownership of everything from digital art to in-game items. One of the barriers is the acquisition of cryptocurrencies which is already approached by companies such as Wert.
“We enable the consumers to purchase NFTs with credit or debit cards just like normal or virtual goods … if you’re in the NFT, Generative Art and Web 3.0 space (NFTSE) is just the perfect spot to do that.” explains George Basiladze, Founder of Wert.io.
There is no doubt that the web 3.0 users have the potential to change the way we live, work and play. By harnessing the power of the internet, these technologies can help us to connect with others in new and innovative ways and help us to access information and services that were previously out of reach. With the right support and investment, web 3.0 content will help us to create a more inclusive and connected world.
The producers of NFT Show Europe are already planning the next stages for 2023.
ART & COLLECTABLES
Logan Paul’s unsuccessful NFT Investment: Over $620K to $10
Logan Paul, a well-known YouTuber, has lost millions of dollars as a result of the current crypto winter.
Logan Paul, an American YouTuber, actor, and social media star, holds a $623,000 unrealized loss as a result of his investment in an NFT from the Azuki line.
Also unsuccessful is his involvement with cryptocurrency. The market collapse has reduced the value of his possessions by more than $500,000.
Losses in Logan Paul’s Critical Papers
The well-known YouTuber joined the cryptocurrency bandwagon last spring when the values of most assets were surging, just like many other people. A few months later, he spent almost $2.5 million on NFTs, joining the trend. The most expensive thing he bought was a piece from the Azuki collection, which cost him $623,000.
However, the YouTube celebrity has suffered significant financial losses as a result of the unstable state of the bitcoin market and the NFT niche, at least on paper. The Azuki NFT currently trades around $10, as Paul recently made known, a drastic decline that sparked debate in the cryptocurrency world.
Many Twitter users made fun of the celebrity for using non-fungible tokens to transact at a time when there was obviously excitement in the industry. Others asserted that digital collectibles are frauds and should not be purchased. Some, however, contend that the price decline is a result of the current bad market and that once the next bull run begins, the valuation will rise.
It’s important to note that the NFT transactions were booming at the time he purchased the things. OpenSea’s trade volume spiked to almost $500 million for a single day at one time last summer, but in recent months, it has struggled to reach $10 million.
Paul has added bitcoin and other alternative currency to his portfolio in addition to NFTs. He recently acknowledged that he had lost almost $500,000 on such investments when he first entered the ecosystem at its peak last year.
Unfortunately for others that followed suit, this year has seen a significant decline in the value of the cryptocurrency market, which now has a total valuation of less than $1 billion (down from $3 billion a year ago).
Millions are Lost by KSI
The British rapper JJ Olatunji, a.k.a. KSI, was another prominent YouTuber who was severely hurt by the crypto market decline.
When Terra’s native token, LUNA, began to fall in price in May, he took the chance to predict that the price will eventually rise again. When the asset was going for about $25, KSI invested $2.8 million of his wealth in it.
He had no idea that the token would keep declining and eventually fall to almost nothing, wiping away the rapper’s multi-million dollar investment.
KSI is a strong supporter of the cryptocurrency market, especially bitcoin. He claimed that BTC will be crucial to the monetary system of the future last year. The rapper continued, claiming that he would have given each UK citizen £100 worth of bitcoin if he were the Prime Minister.
BTC is the ideal investment vehicle in KSI’s opinion. He believes that after ten years, individuals who have some exposure to the asset will “be laughing”:
“I feel like a lot of people are trying to search for quick money like, ‘Oh, I want to get in and out,’ but they’re not really seeing that. I’m prepared to travel a considerable distance for this.
ART & COLLECTABLES
Ford is getting ready to enter the Metaverse with digital cars and NFTs
A month after the company announced significant personnel reductions, it has filed a trademark application covering its future initiatives in the Metaverse and NFT space.
Ford Motor Company, an American automaker, has filed 19 trademark applications across its key automobile brands as it prepares to enter the realm of nonfungible tokens (NFTs) and the Metaverse.
Mike Kondoudis, a trademark attorney licensed by the United States Patent and Trade Office (USPTO), disclosed in a tweet on Wednesday that the business had submitted a total of 19 trademark applications covering its car brands, including Mustang, Bronco, Lincoln, Explorer, and F-150 Lightning, among others.
The trademark applications include a projected online marketplace for NFTs and virtual versions of its businesses’ automobiles, trucks, vans, SUVs, and clothes.
Ford intends to produce digital images of its vehicles, SUVs, trucks, and vans that will be verified by NFTs, according to USPTO filings submitted by the automaker on September 2.
The business also disclosed plans for “downloadable virtual commodities,” or “computer programs,” that would include apparel, accessories, and parts for vehicles for usage in “online virtual environments,” such as virtual and augmented reality trade exhibitions.
Additionally, there are plans to develop an online marketplace for “others’ digital artwork” as well as “online retail shop services featuring non-fungible tokens (NFTs) and digital collectibles.”
Less than a month after Ford Executive Chairman Bill Ford and CEO Jim Farley announced significant personnel reductions from its global workforce to decrease corporate expenses; Ford has decided to enter the Web3 area.
Ford isn’t the first automaker to enter the Metaverse market.
While premium automakers like Bentley and Lamborghini have already launched NFT collections, automakers including Nissan, Toyota, and Hyundai have indicated ambitions to enter the fast-expanding Metaverse market.
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