{"id":288016,"date":"2021-04-28T07:36:52","date_gmt":"2021-04-28T11:36:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=288016"},"modified":"2021-07-27T14:21:26","modified_gmt":"2021-07-27T18:21:26","slug":"nba-franchise-golden-state-warriors-announce-nft-collection","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/nba-franchise-golden-state-warriors-announce-nft-collection","title":{"rendered":"NBA Franchise Golden State Warriors Announce NFT Collection"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Golden State Warriors has joined the non-fungible token (NFT) bandwagon. They just announced an NFT collection on the OpenSea platform. <\/span><span style=\"font-weight: 400\">With the launching of the NFT collection, Golden State Warriors is the first professional sports team to debut in the NFT marketplace.<\/span><\/p>\n<h2><b>Warriors Set The Pace In NFT Marketplace<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Warriors <\/span><a href=\"https:\/\/twitter.com\/warriors\/status\/1387029044823166978?s=19\"><span style=\"font-weight: 400\">tweeted<\/span><\/a><span style=\"font-weight: 400\"> that the launching of the team\u2019s legacy NFT collection shows the commitment of the team in developing the NFT marketplace.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Brandon Schneider, the President and Warriors Chief Revenue Officer said that NFT has been in existence for years, but its rising spree in the last six months caught the team&#8217;s attention, per NBA&#8217;s <\/span><a href=\"https:\/\/www.google.com\/amp\/s\/www.nba.com\/amp\/warriors\/news\/warriors-legacy-nft-collection-20210426\"><span style=\"font-weight: 400\">publication<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Schneider explained that one of the visions of the professional basketball team has to do with uniquely engaging the fans.\u00a0<\/span><\/p>\n<p>This informs the team&#8217;s decision to roll out its NFT collection.<\/p>\n<p><iframe title=\"Why The NFT Market Is Not As Crazy As You Think\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/UpXCUEOcyNs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">However, the collection contains the Warriors\u2019 six championship rings, which are reproduced as limited-edition collector NFTs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Before now, the National Basketball Association (NBA) had <\/span><a href=\"https:\/\/ca.nba.com\/news\/what-is-nba-top-shot-explaining-the-blockchain-nba-highlight-collectables\/18nram5ye1ub01hres3lkk3xvd\"><span style=\"font-weight: 400\">rolled out<\/span><\/a><span style=\"font-weight: 400\"> NBA Top Shop in partnership with blockchain firm Dapper Labs. NBA Top Shop allows fans to buy, sell, and trade various versions of officially licensed video highlights.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Schneider disclosed that a portion of the proceeds from the NFT auction would be devoted to the Warriors Community Foundation, which will support educational equity in the Bay Area.\u00a0<\/span><\/p>\n<h2><b>Growth of NFT Marketplace<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The NFT marketplace is experiencing rapid growth more than any other time as many artists and reputable entities adopt NFT.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Popular cryptocurrency exchange Binance has <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/binance-is-launching-an-nft-marketplace-in-june\"><span style=\"font-weight: 400\">revealed<\/span><\/a><span style=\"font-weight: 400\"> plans to launch a non-fungible token (NFT) marketplace later in June.\u00a0<\/span><\/p>\n<p><iframe title=\"Exploring Top NFT Marketplaces. Where are people buying\/selling?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/5IN0BlEvtAE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">The exchange sets to target creators and traders of collectibles in visual arts, games, music, sports, and many more.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Before this, Hong Kong-based exchange Crypto.com had <\/span><a href=\"https:\/\/blog.crypto.com\/crypto-com-nft\/\"><span style=\"font-weight: 400\">launched<\/span><\/a><span style=\"font-weight: 400\"> an NFT platform on March 26.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The exchange explained that the NFT marketplace would feature valuable content from prominent artists like Snoop Dogg, Lionel Ritchie, and Boy George.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, the platform will be invite-only, and there will also be a collaboration between mainstream and digital artists.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Golden State Warriors has joined the non-fungible token (NFT) bandwagon. They just announced an NFT collection on the OpenSea platform. With the launching of <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/nba-franchise-golden-state-warriors-announce-nft-collection\" title=\"NBA Franchise Golden State Warriors Announce NFT Collection\">[&#8230;]<\/a><\/div>","protected":false},"author":1770,"featured_media":288022,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[1830,8492],"class_list":["post-288016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-golden-state-warriors","tag-nft"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NBA Franchise Golden State Warriors Announce NFT Collection<\/title>\n<meta name=\"description\" content=\"The Golden State Warriors has joined the non-fungible token (NFT) bandwagon. They just announced an NFT collection on the OpenSea platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBA Franchise Golden State Warriors Announce NFT Collection\" \/>\n<meta property=\"og:description\" content=\"The Golden State Warriors has joined the non-fungible token (NFT) bandwagon. They just announced an NFT collection on the OpenSea platform.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-28T11:36:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-27T18:21:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/16185260288986.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"743\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jimmy Aki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@adejimi\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jimmy Aki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016\"},\"author\":{\"name\":\"Jimmy Aki\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/a66ff7827d8bed054aa6be4e9d8c1dad\"},\"headline\":\"NBA Franchise Golden State Warriors Announce NFT Collection\",\"datePublished\":\"2021-04-28T11:36:52+00:00\",\"dateModified\":\"2021-07-27T18:21:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016\"},\"wordCount\":362,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/16185260288986.jpg\",\"keywords\":[\"Golden State Warriors\",\"NFT\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016\",\"name\":\"NBA Franchise Golden State Warriors Announce NFT Collection\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/288016#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/16185260288986.jpg\",\"datePublished\":\"2021-04-28T11:36:52+00:00\",\"dateModified\":\"2021-07-27T18:21:26+00:00\",\"description\":\"The Golden State Warriors has joined the non-fungible token (NFT) bandwagon. 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