Famous Youtuber and Professional Boxer Jake Paul’s knockout of ex-NBA player Nate Robinson is being sold as a non-fungible token (NFT), for a whopping $10 million. TMZ Sports reports the sale will take place on the newly launched Triller NFT Marketplace. A signal that the entertainment company hopes to break into the NFT market in a similar way to stalwarts like NBA Top Shot.
I see no lies
— Stephen Curry (@StephenCurry30) November 29, 2020
The November 28th event was a spectacle unlike anything celebrity boxing had ever seen. When perceived under-dog Paul knocked out the 13-year NBA Veteran Nate Robinson, it sent shockwaves through the NBA landscape with players such as Steph Curry taking the mickey out of poor Nate.
In addition to owning the digital collectible from the famous celebrity boxing event, the buyer will receive a custom 1-of-1 NFT that will feature the final 30 seconds of the scheduled April 17th boxing match between Jake Paul and Ben Askren.
If you haven’t been living under a rock, you’ll understand that NFT’s are the ‘it’ investment opportunity right now. Think of them as digital collectibles (similar to pokemon cards) but they’re built into blockchain technology to ensure they’re as ‘real’ as it gets. The hype train is real too, with some tokens fetching almost $70 million at auction!
Just like their real-life counterparts you can buy and sell NFT’s, but you still won’t own the copyright or intellectual property… Makes heaps of sense, right? If not, check out our article on NBA Top Shot for an in-depth analysis of digital collectibles.
Where to buy Jake Paul NFT?
The Jake Paul knockout NFT can be bought on the new Triller NFT Marketplace found here: https://www.trillernfts.com/buynow/
What is NFT?
Think of NFT's as digital collectibles (similar to pokemon cards) but they’re built into blockchain technology to ensure they’re as ‘real’ as it gets. The hype train is real too, with some tokens fetching almost $70 million at auction!