Bitcoin News and Finance
Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital Skip to main content

Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital

Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital

After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction on Monday, July 12, and net proceeds will go to the Los Angeles Dodgers Foundation (LADF).

LA Dodgers Reveal World Series 2020 Ring NFT

Another sports team is selling non-fungible token (NFT) assets, as the MLB’s Los Angeles Dodgers revealed plans to sell an NFT of a World Series championship ring hosted on the marketplace Candy Digital. The NFT package includes a 2020 Los Angeles Dodgers World Series ring NFT collectible and a VIP first pitch experience at Dodger Stadium. At approximately 9 a.m. (PT), Candy Digital will host the auction on July 12 up until 4 p.m. (PT) on Thursday.

In addition to the 2020 World Series championship ring NFT, the Los Angeles Dodgers will also sell an open edition NFT that showcases a 2020 World Series logo and a Dodgers’ shooting ball NFT as well. Proceeds from the lower-end NFTs will also be donated to LADF and can be bought for $20.20. Candy Digital is the brainchild of Michael Rubin, the cofounder of the company Fanatics, and the entrepreneurs Mike Novogratz and Gary Vaynerchuk.

“The Dodgers are excited to work with MLB and Candy to continue the franchise’s legacy of innovation as the first MLB Club with an officially licensed NFT,” Dodgers executive vice president and chief marketing officer Lon Rosen said in a statement sent to the press. Rosen further added:

The opportunity to own a World Series ring in both digital and physical forms has never been offered previously, and we hope this is the first of many such drops as we continue to develop unique multifaceted experiences for our fans.

World Series Ring NFT Auction Winner Gets a Physical Ring With the NFT’s Token ID

The news stemming from the L.A. Dodgers follows MLB’s recent partnership announcement with crypto-collectibles startup Candy Digital. The first NFT launch featured the New York Yankees’ first baseman, Lou Gehrig. “The first NFT from MLB and Candy is a 1-of-1 NFT of Gehrig’s iconic ‘Luckiest Man’ speech that the Yankees legend delivered on July 4, 1939, at Yankee Stadium, after being diagnosed with ALS,” MLB reporter David Adler detailed at the time.

The L.A. Dodgers NFT auction winner will receive the high-def single edition (1-of-1) Dodgers 2020 World Series champions ring NFT developed by RTFKT Studios and a physical ring as well specifically created for the auction. The physical ring will contain the NFTs token ID that can be verified on a public blockchain explorer. Alongside this, the winner will also get four premium tickets to a Dodgers game and a VIP first pitch experience at Dodger Stadium.

“As MLB continues to look for new ways to engage with our fans, the Dodgers World Series ring NFT presents an innovative offering to commemorate the first World Series champion of the new decade,” MLB chief revenue officer Noah Garden explained during the announcement.

What do you think about MLB and the Los Angeles Dodgers NFT auction? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory