Candy Digital launches the market for Major League Baseball NFTs

Digital collector Candy Digital is launching its secondary market that will allow users to buy and sell officially licensed Major League Baseball NFTs previously released starting January 15.

Fans can log into the company’s website to purchase collectibles such as the Play of the Day series, the 2021 MLB icons and the 2021 World Series collection, and the Team Candy digital jersey.

With the launch, the company hopes to bring more people into the digital space. “We are obviously very excited to use all the opportunities that exist in the NFT space, in terms of being able to mint and own a digital asset,” said Scott Lawin, CEO of Candy Digital, in an interview with The Block. “But we realize that existing on ramps or creating a digital wallet, funding a cryptocurrency purchase, and then buying an NFT for the first time can be confusing and daunting for many people.”

Candy Digital was formed by three executive partners, including Michael Rubin, CEO of Fanatics, Mike Novogratz, founder and CEO of Galaxy Digital, and Gary Vaynerchuk, serial entrepreneur and investor. In October 2021, the company announced it had completed a $ 100 million Series A funding round, which values ​​the company at $ 1.5 billion.

To help with the process, Candy is set up with a fiat-first approach, which means purchasing an NFT can be done simply by going to their website, entering an email address, and paying with a credit card.

Products previously sold on Bitski and OpenSea will not be on the market for this launch, but Candy plans to implement additional crypto-native features and offers owners the opportunity to connect such NFTs to the Candy platform.

“Over the next few months on our roadmap, all of the crypto functionality around being able to connect to the wallet, pay with cryptographs, finally connect your assets to Ethereum and other chains are all things we will continue to implement,” he said. Lawin.

© 2021 The Block Crypto, Inc. All rights reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.

Source: https://www.theblockcrypto.com/post/130175/candy-digital-launches-marketplace-for-major-league-baseball-nfts?utm_source=rss&utm_medium=rss

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