Digital Ticket Stubs: New York Knicks Launch Team's First NFT Collection

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On Tuesday, the New York Knickerbockers, in partnership with Sweet, launched the NBA team’s first-ever non-fungible token (NFT) collection. The NFTs feature limited edition digitally designed 3D game tickets made specifically for the Atlantic Division basketball team. With less than 24 hours left on the auction, the Knicks’ NFT sale has sold out a number of tickets.

3D NFT Tickets from 5 Classic New York Knicks’ Games
A number of NBA teams are getting in on blockchain technology and many American professional basketball teams have engaged in all types of crypto concepts like NFTs and partnerships aimed at elevating cryptocurrency adoption.

The NBA has its own Blockchain Advisory Committee and teams like the Portland Trail Blazers, Boston Celtics, and Cleveland Cavaliers have recently stepped into the blockchain fray. This week the New York Knicks launched its first-ever NFT collection as the professional team recently partnered with the NFT marketplace Sweet to auction the collectibles.

The Knick’s NFT collection saw five game tickets issued and so far three of the lots have sold out. Then there’s the Knick’s 2020-2021 commemorative plaque auction item. “Commemorate the Knicks’ 2020-2021 season with this one-of-a-kind 3D NFT that displays all 5 tickets,” the nyknft.com website explains. “The highest bidder receives the 1-of-1 ticket plaque and mint #1 of all 5 individual ticket NFTs delivered to a preferred wallet.”


The New York Knicks’ commemorative plaque NFT auction item.

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