NBA Star NFT is sold at Sorare for $ 187,000

NBA Star NFT is sold at Sorare for $ 187,000

The Single Edition non-fungable token (NFT) of the professional basketball star Giannis Antetokounmpo was sold to Sorare NBA for 113.9 ETH ($ 187,000).

• Sorare NBA is a licensed NFT-controlled fantasy basketball game, and the sale set a new milestone The highest individual transaction of the platform since its start in October 2022.
• The 1/1 Antetokounmpo NFT was auctioned through the Ethereum-based platform by Sorare NBA. The sales price of the NFT was three times as high as in the previous sale, which was a NFT from Anthony Davis, which was sold in December for 49 ETH (more than $ 62,000).
• Apart from his individual expenditure on Sorare, Antetokounmpo NFTS have been sold at high prices in recent years.
• In February 2021 Antetokounmpo recorded an on-chain sale of $ 95,000 on NBA Top Shot on the Flow-Blockchain. To date, the transaction is the 16th largest sale of Top Shot. The sale is also the best known of the basketball icon.
• Although the NFT sale from Antetokounmpo broke the previous NBA record from Sorare, it does not come to collective card shops.
• In September 2020, a signed rookie card from Giannis Antetokounmpo was sold for around $ 1.8 million. From this point on, the transaction set the record for the best-selling basketball collection card.
• In the meantime, the record-breaking sale comes, while the wider crypto room recovered from an intensive crypto winter that has driven the NFT prices down.
• Despite the unfavorable location of the cryptom market last year, DAPPRADAR data showed that the NFT sales rose by 67 %. Cryptopotato reported that was sold in 2022 101 million NFTS, which is significantly higher than the volumes of previous years.

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