Klay Thompson of Golden State Warriors Drops ‘Grails’ NFT Collection on Binance

The sniper from the conquering Golden State Warriors immortalizes best career moments in NFT.

Klay Thompson Of Golden State Warriors Drops Grails NFT Collection On Binance

The shooting guard of the current NBA champions, Golden State Warriors, has joined forces with the Binance NFT marketplace to launch the Klay Thompson Grails‘ NFT collection. “I’m Pumped For This!” – the basketball player shared as he reposted a tweet by Amino.

While Binance NFT is responsible for hosting the launch, Amino Rewards is the company behind the Grails NFT collection. The initial phase of the NFT project goes live today, October 18th, with an available 9,900 ‘Mystery Boxes‘, priced at $50 Binance USD (BUSD) each.

NFT Memorabilia Grail for the Championship Run

Sports NFT fans can expect to see memorabilia NFTs representing four out of the seven title runs made by San Francisco’s iconic team. For example, the Grail NFT collection will feature highlights from Golden State’s last championship run, as well as its thrilling NBA finals series versus the Celtics.

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There are 4 types of NFTs in the Grails NFT collection. ‘Legendary’ NFTs are the most rare, and comes with a physical release in addition to the digital NFT. According to the description on Binance, “Legendary NFTs come with a physical signed sports memorabilia item”.

While these player-signed physical jerseys and basketballs are limited to the availability of the Legendary tier of NFTs, there are also rare-category NFTs, such as the ‘Klay Thompson Hall Of Fame’ and ‘All Star’ NFTs, which investors have a 19.5% probability of pulling out of the box.

Meanwhile, NFT enthusiasts on Twitter have an 80% chance to get ‘Klay Thompson Pro’ NFTs, which are likely to include super rare NFTs like the ‘Splash Brothers’, featuring Klay Thompson & Steph Curry netting natural three pointers.

Sports NFTs on the Rise

Besides basketball, sports and NFTs seem to be a good mix, proving to be successful in the world of soccer. As the FIFA 2022 World Cup Qatar draws closer, it is no surprise that European soccer clubs such as Valencia, Real Madrid, Sevilla, FC Barcelona, and most recently Real Sociedad, have launched their own soccer fan tokens.

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Ultimately, the integration of Web 3.0 ventures into European soccer seems like the next big thing, with even governing body FIFA launching its official FIFA+ NFT Marketplace. If this trend continues, sports NFT revenue is likely to double from the $1.4 billion raised in 2021.

On the Flipside

Why You Should Care

Market research estimates that sports collectibles in the form of non-fungible tokens (NFTs) could generate a whopping $92 billion by 2032.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.