WWE recently announced that their Non-Fungible Token (NFT) marketplace ‘Moonsault’ is set to sell its first NFTs.
In association with Blockchain Creative Labs, a studio owned by Fox Entertainment, the company aims to sell over a limited edition of 10,000 NFTs. This will feature superstars competing in the upcoming Hell in a Cell premium live event this Sunday.
The announcement of the launch of the marketplace was made by Scott Zanghellini, WWE Senior Vice President and Head of Revenue Strategy & Development and Scott Greenberg, CEO of Blockchain Creative Labs.
WWE shared the announcement via a press release which stated:
It also stated that in the days following the premium live event, the NFT Flips would transition into a 10 to 20 second video highlight of the featured superstar and would be sold in cases of three.
Fans will be required to create a digital media wallet via Eluvio and purchase or trade NFTs through credit cards or cryptocurrencies.
In March this year, the company, in partnership with Fanatics, a global digital sports platform that deals in trading cards, NFTs and merchandise, entered into a long-term agreement.
The announcement highlighted:
Vince McMahon led the company and announced their venture into NFTs last year in collaboration with Fox Entertainment. The first 10,000 fans who created the wallet were rewarded with a free Moonsault Genesis NFT, which currently has a value of $1.47 million.
Could Cody Rhodes rise to the level of his legendary father? We asked a WWE Hall of Famer right here
Q.
0 votes so far
Be the first one to comment on this post
Quick Links:
Go to your
Browser”s Setting's page
Tap on
Site Settings/Site Permissions
Tap on
Notifications
Tap on
the Block list and find sportskeeda.com
Tap on
sportskeeda.com and tap on Allow
Allow Notifications
Notifications you have enabled
Teams
Series
Toss and match updates
Wickets and Milestones
Score updates every 5 overs
Fantasy Tips updates