The Golden Sate Warriors are the first NBA team to release a legacy NFT collection. On the official website, bidding on the non-fungible tokens opens up later today. The NBA team is the first of its kind to release a NFT collection. However, it is very likely other teams will follow their lead. The NFT craze has started a few months ago and is currently one of the hottest phenomenons in the crypto world.
NFT’s allow users to buy digital assets. The collection of NFT’s features the Golden State Warriors six championship rings. Users are allowed to bid on these rings in an online auction. The NFT’s include the following rings:
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#1 1947 NBA Championship celebrating the first-ever championship in NBA history (limited to 25 editions)
#2 1956 NBA Championship (limited to 25 editions)
#3 1975 NBA Championship ( limited to 25 editions)
#4 2015 NBA Championship (limited to 50 editions)
#5 2017 NBA Championship (limited to 50 editions)
#6 2018 NBA Championship (limited to 50 editions)
#7 1-of-1 Golden State Warriors Six-Time NBA Champion Ring
In addition, the team will allow fans to bid on virtual ticket stubs in NFT format. Part of the proceeds from the auction will go towards the Warriors Community Foundation.
