Defending champions of the Major League Baseball (MLB), the Los Angeles Dodgers have announced that they will soon be holding a rather special auction. Indeed, it is the physical ring of World Series that they will market with NFTs. But that will not be the only reward for the participant who wins the prize.
A bundle, exceptional prices
It is a bundle offered by Los Angeles Dodgers on the occasion of the auction which will take place on Monday July 12th. The offer consists of the World Series physical ring and tickets for a match to be held at the team stadium. In addition, the winner will have the opportunity to throw the first ball Match.
The auction will run for several days, from July 12 to 15, and the revenues generated will be donated to the Dodgers Foundation.
In the same period, the team will be offering a joint and open edition of the NFT and, again, all profits will be donated to the same charity. The NFT will be in the form of a looping video clip which will present the logo of World Series 2020 transforming into a team logo Dodgers.
All NFTs that are designed for the occasion are thanks to the partnership that exists between the MLB and the start up Candy Digital which has specialized in the field of cryptocurrencies since June. The company was founded by Michael Rubin, Gary Vaynerchuk and Mike Novogratz.
Sport and NFTs, now allies
Currently, the platform Top Shot of the NBA is one of the most prominent in the field of the sale of NFTs relating to the world of sport. Since its launch last fall, it has recorded a trading volume of over $ 700 million and has contributed to the growth of general public interest in NFTs since the beginning of this year.
Many institutions and sports leagues have also entered the world of NFT, which further boosted their popularity. Let us quote for example the Major League Soccer (MLS) et l’Ultimate Fighting Championship (UFC). Apart from large institutions, several players have also entered the field by creating their own NFT projects.
To return to the Major League Baseball (MLB), note that it has been involved in NFT offers in the past. She even had her own game based on NFTs: MLB Crypto Baseball renamed in MLB Champions.
The Los Angeles Dodgers will make an auction with a different configuration from the regular auctions to which we are entitled. Indeed, it will finance the activities of the Dodgers Foundation. In addition, the auction, which will run for days, will allow participants to win several awards, including the “ legendary ” ring of World Series 2020.
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The comments and opinions expressed in this article are those of the author alone, and should not be considered as investment advice. Do your own research before making any investment decisions.
