With the look of things, the NFT market has stolen the limelight at this moment and would continue to do so in the months to come. Despite some people still doubting the market and the ownership debacle rising, the participants still make huge profits.
Ever since the mouth-watering sale that Beeple made, selling his art for close to $69 million, artists and musicians have been showcasing their arts in the various NFT marketplaces. With that now seen as the norm, Triller has announced that it has minted a rare piece and has put it up for sale. In the social media company’s statement, the new NFT was also minted to celebrate the launch of its NFT marketplace.
The auction starts at $10,000
Triller mentioned that the rare NFT put up for sale is Youtube’s sensation, Jake Paul, where he landed a knockout punch on Nate Robinson, a payer in the NBA. Looking back at the event that birthed the NNFT, it was during the Fight Club event held by Triller in Los Angeles featuring the two individuals.
As it stands now, the company has officially flagged off bidding, which has started around $10,455, with a further announcement claiming that anyone who wishes to make an outright purchase can do so at a whopping $10 million. Triller first burst onto the limelight after their application to make short videos were developed, seeing a wide acceptance from the growing social media community.
Also read:The NFT is going on sale/auction before the match between Jake Paul and Ben Askren, billed to hold on April 17. Triller has also mentioned that the auctions will end when the Paul/Askren match ends. The company also added that the last few seconds of the match would be added to the NFT for the winner.
More sports are entering the NFT marketplace
A staunch follower of collectible sports games on the blockchain must have already familiarized themselves with NFTs and what they stand for. For the uninitiated, NFTs are unique kinds of tokenized rare arts collected by game players and can also be traded. This is made possible by blockchain technology, with the secure ledger system having more than millions of collectibles to be created.
Triller is not the only sports company presently in the market as the NBA has shown its presence in the Top Shot market. Presently, the Top Shot has seen a trading volume close to a region around $32 million every day for some months now.
Gronkowski, a football player with Tampa Bay Buccaneers, has sold his NFT for 830 Ethereum. Should a hacker want to mess with the value of any NFT, the hacker would need to be in charge of about 51% of the network’s computing power.
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