In addition to the art world, NFTs are sweeping the sports world, with numerous collections fetching more than $900,000.
The Topps trading card of American baseball player Mickey Mantle sold for $5.2 million, making history. Setting a new bar for rare collectibles, conventional collectors immediately learned that the sector has changed dramatically since the days of previous generations, with larger-ticket transactions becoming the norm.
Now that the world is rapidly transitioning to a digital future, physical assets worth millions of dollars are making their way to the virtual world via nonfungible tokens (NFTs). NFTs are currently being marketed as the next generation of collectibles as a result of this.
Users can get the same rush as owning a piece of history as they would with a standard trading card. The main difference is that an NFT’s digital nature will provide collectors with a new method to interact with treasures. Assets like the Golden State Warriors Legacy Collection World Champion Ring NFT selling for over $950,000 during its original release and the Erling Haaland 2020-21 currently being worth an estimated $831,000 thanks to the ability to prove their “rareness.”
Since its humble origins in 1938, Topps Company, Inc. has continued to showcase the biggest moments in sports and entertainment, much to the delight of many in the trading card community. The 1952 Topps Mickey Mantle is known as the “Mona Lisa” of trading cards. Topps’ foray into the digital collectible space has yielded a number of successes to date, including their suite of digital collectible apps in 2012 and now the launch of their own NFT platform, toppsnfts.com, in 2021, where they released a number of first-of-their-kind NFT collections for Major League Baseball, Bazooka Joe, Toho Godzilla, and Bundesliga, with more first-of-a-kind releases in the works.
The next step in the history of collecting
As part of their new Topps Timeless NFT Series, the team behind Topps NFTs just announced the release of a 1-of-1 Topps 1952 Mickey Mantle Card NFT. Unlike previous releases, this one emphasises the company’s most iconic baseball cards with premium 1-of-1 digital products.
“Several classic baseball cards have been labelled as holy grails to the collecting community throughout Topps’ long history, especially in recent years. Tobin Lent, VP and general manager of Topps Digital Sports & Entertainment, says, “With our Topps Timeless Series, we now bring these history cards to the blockchain as NFTs that may be owned forever and passed down for generations.”
Topps will hold its first-ever NFT auction on the OpenSea platform on March 1, 2022, at 1 p.m. EST, giving fans the chance to purchase this highly sought-after collectible. The NFT is a reproduction of the original Topps baseball card, complete with video of historical footage and artefacts that showcases and celebrates Mickey Mantle’s legacy. It will be minted as an ERC-721 token. The auction winner will also get the option to participate in a 30-minute video interview with Mickey Mantle’s sons, Danny and David.
“The Topps 1952 Mickey Mantle card remains one of the most prized baseball cards of all time,” Tobin Lent says, “and we’re thrilled for one dedicated fan to be able to add this significant piece of sports history to their digital collection.”
Getting ready for future releases
Because this is the first auction of its kind, the community should expect a lot of interest from collectors and baseball enthusiasts alike. This is partly due to the fact that the 1952 Topps Mickey Mantle is more than just a trading card. It’s the storey of how traditional sports memorabilia is being reimagined for the digital age, providing a new way to feel the pleasure of owning a valuable collection while also opening up a dynamic universe of possibilities in the digital collectibles arena.
With more of these one-of-a-kind auction events in the horizon, NFTs will further strengthen their position as the next generation of collectors.
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