(Bloomberg) – National Basketball Association player and recent crypto-convert Stephen Curry has released a collection of 2,974 non-fungible tokens containing digital replicas of the shoes he wore when he broke the record 3 points this this month, allowing owners to show them off through three different Metaverse.
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Priced at $ 333 and already sold out, the NFT drop lets shoppers wear the shoes on a trio of Ethereum-based metaverse platforms: Eric Schiermeyer’s Gala Games, The Sandbox by Animoca Brands, and Decentraland. Net proceeds from the sale will be donated to organizations supporting access to the sport, according to the dedicated website set up in conjunction with Curry’s real-world sneaker brand Under Armor Inc.
NFTs have exploded in popularity this year, helped in part by celebrity endorsements and the stratospheric prices paid for top-demanded examples, sparking a speculative rush. The Genesis Curry Flows virtual sneakers are a first attempt at one of NFT’s promises: to allow a person to buy a digital good once, and then use it in various games or virtual experiences. One feature they’ve inherited from the gaming realm is the loot box mechanic – there are five shoe variations with increasing rarity, and not every owner knows which one they’ll get ahead of time.
The website directs interested parties to the OpenSea aftermarket, where much of the NFT speculative frenzy has taken place. Fans of Curry and his nearly 3,000 NBA 3-pointers may therefore have to contend with other marketers over the scarcity of sneakers, but despite all the excitement around this developing sphere, a recent Chainalysis study has revealed that only a small group of initiates harvest. most of the gains on DTVs.
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