Litecoin worth $ 1.68 million

American auction company Golden Auctions is a Litecoin (LTC) worth $ 1.68 million (about 180 million yen) in rookie card of Tom Brady, who represents the US NFL (National Football League) Announced that it was auctioned.

This Tom Brady rookie card is a 2000 Playoff Contenders card that collectors consider to be an extremely rare card. It is said that it has become the most expensive card since Golden Auctions started a payment service with crypto assets (virtual currency).

In addition, Tyler Winklevoss, the founder of the virtual currency exchange Gemini, commented that this successful bid was realized in partnership with Gemini. Since the winning bid card is a valuable card, it was likened to “the Holy Grail of the collector’s world.”

Established original NFT platform

Tom Brady is known as the best quarterback ever and led the team to the Super Bowl championship for the seventh time in his career in the 2020 season.

It is worth mentioning that Brady himself established his own NFT platform “Autograph” in early April. Executive advisors include major companies such as Spotify, Apple and DraftKings.

Source: autograph.io

Crypto industry and sports

To date, Golden Auctions has sold over $ 1 billion in trading cards, sports souvenirs and other collectibles. This sales comes from popular sports affiliated with the crypto industry. Among them, NFT (Non-Fungible Token) is very popular.

Recently, there have been some cases where NFL and MLB players sell their own NFTs and donate their proceeds to charities.

Trevor Lawrence, a big-name QB player who was nominated for the first place in the draft by the NFL franchise “Jacksonville Jaguars”, also issued his own NFT. Some works were sold for about 24 million yen ($ 225,000).

Relation:Cryptocurrency payments to NFL tycoon rookie sponsored by FTX affiliated investment app

In addition to the NFL, Jalen Suggs of Gonzaga University, who is attracting attention as a draft candidate from the NBA (National Basketball Association), has also published his own NFT at OpenSea before turning professional.

In terms of MLB, trading card company Topps has started selling MLB’s NFT card series. Recently, Ted Williams’ collectable card, which is said to be the last 40% hitter in MLB, has been converted to NFT and attracted a lot of attention.

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Author: CoinPost Editorial Department

Images used under Shutterstock license
“Cryptocurrency” means “cryptographic assets”

(Excerpt) Read more Here | 2021-04-30 00:07:34
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