The launch makes the Golden State Warriors the first professional team to release an officially licensed, digital collection of memorabilia. The auction for the collection is now open, and proceeds will go towards the Warriors Community Foundation.
The Golden State Warriors have announced the launch of their NFT collection, officially called the “Golden State Warriors Legacy NFT Collection.” The collection commemorates the team’s six NBA Championships and also contains digital collectibles from some of their most important and iconic games in the team’s history.
A portion of the proceeds from the auction will go towards the Warriors Community Foundation. The foundation has granted more than $22 million for Bay Area educational equity since its founding.
Two Special Series Minted On The Blockchain
The auction is currently underway, with the auction for the main collection ending on the 1st of May at 8 PM PDT. The 1-of-1 auction ends on the 2nd of May at 8 PM PDT.
The auction consists of two special series that have been minted on the blockchain. These are the Warriors Championship Ring NFTs and the Commemorative Ticket Stub NFTs. Both are designed by the artist Black Madre and are paired with live experiences. The experiences include participating in a “Warrior for a Day” experience and a custom championship ring, which will be presented during a future game.
The Excitement Around Digital Collectibles
The Warriors Chief Revenue Officer Brandon Schneider is aware of the excitement that digital collectibles bring, commenting.
“We see NFTs and digitization of our business as a mainstay to engage our fans around the world. As an organization, we are constantly evaluating ways to be creative and innovate, and launching this special NFT Collection is the latest evolution for us in that space. Additionally, it is important to us that proceeds from this initiative will support the Warriors Community Foundation at a critical time in our community’s journey to rebuild educational practices during the pandemic.”
The Championship Ring NFT Collection
This collection will feature the team’s six NBA Championship rings that will be reproduced as limited-edition collector NFTs, and a 1-of-1 Warriors Six-Time NBA Champion Ring NFT combines all six championships into a single NFT.
The Warriors Commemorative Ticket Stub NFT
This collection will bring to life the most iconic moments in the history of the franchise. Each ticket stub is hand illustrated, created by the famous artist Black Madre.
The special edition of the Warriors Golden Ticket will combine 75 years of iconic moments into a 1-of-1 ticket stub NFT.
How To Participate In The Auction?
Since it is an auction, the editions will be sold to the highest bidder. Participants would require a Meta Mask wallet and an OpenSea account to participate. The auction will only be accepting Ethereum (ETH) as a mode of payment. You can find more information about the auction on GSWNFT.com.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.