{"id":9181,"date":"2023-11-03T16:39:51","date_gmt":"2023-11-03T16:39:51","guid":{"rendered":"https:\/\/infundpros.com\/markets\/crypto\/nba-star-victor-wembanyama-nft-sells-for-110000\/"},"modified":"2023-11-03T16:39:52","modified_gmt":"2023-11-03T16:39:52","slug":"nba-star-victor-wembanyama-nft-sells-for-110000","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=9181","title":{"rendered":"NBA Star Victor Wembanyama NFT Sells for $110,000+"},"content":{"rendered":"<div>\n<figure id=\"attachment_127077\" aria-describedby=\"caption-attachment-127077\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-127077\" class=\"wp-caption-text\">Source: Pixabay<\/figcaption><\/figure>\n<p>An NFT trading card based on NBA rookie phenom Victor Wembanyama sold for over $110,000 on Thursday, far surpassing the $67,333 that an individual paid for his physical trading card back in August.<\/p>\n<p>The card, released by the officially licensed fantasy basketball game Sorare, went for 61.182 ETH, or about $110,120 at the time of the auction\u2019s conclusion. The NFT is a unique single-edition card, meaning that auction winner \u201cYNWA\u201d is the only person to possess it.<\/p>\n<p>\u201cIt is a milestone for the digital collectibles market that the highest amount ever paid for a Wembanyama card is now for a 1 of 1 digital Sorare Unique card,\u201d a Sorare spokesperson told Cryptonews over email. \u201cIt is a testament to Victor Wembanyama\u2019s enormous talent and popularity as a rising star of the league, as well as the core advantages of a digital Sorare card over a traditional physical sports collectible \u2013 proven ownership and real utility.\u201d<\/p>\n<p>According to Sports Illustrated, Wembanyama\u2019s record physical trading card sale was sold in August at a price of $67,333 on Goldin, an auction platform for collectibles. The physical card was a \u201cpre-rookie\u201d card, released ahead of his official NBA debut.<\/p>\n<p>The record-breaking sale can be attributed to Wembanyama\u2019s fast-growing reputation as one of the most talented young players in the league. Yesterday, the 7-foot-4 center posted a monstrous statline of 38 points, 10 rebounds and 2 blocks to help his San Antonio Spurs topple the Phoenix Suns by a score of 132-121.<\/p>\n<p>Sorare is a cryptocurrency-based fantasy sports game. Collectors purchase NFT digital player cards with Ethereum to create a virtual team of five players in soccer, basketball or baseball. Based on their players\u2019 real-life performances, collectors can earn rewards such as cryptocurrency and additional NFTs.<\/p>\n<p>According to CryptoSlam data, Sorare has amassed over $713 million in NFT sales across its platforms thus far. In 2021, the company secured a significant Series B funding round of $680 million, valuing Sorare at $4.3 billion.<\/p>\n<p>Sorare NBA achieved its highest NFT sale record in February when an NFT featuring Giannis Antetokounmpo from the Milwaukee Bucks was sold for 113.9 ETH, equivalent to approximately $187,000 at that time.<\/p>\n<p>The platform is rapidly growing in popularity amongst athletes as well. Last year, soccer superstars Kylian Mbappe and Lionel Messi as well as tennis legend Serena Williams all joined Sorare as an investor and brand ambassador.<\/p>\n<p>\u00a0<\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/nba-star-victor-wembanyama-nft-sells-for-110000-in-record-breaking-auction.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Pixabay An NFT trading card based on NBA rookie phenom Victor Wembanyama sold for over $110,000 on Thursday, far surpassing the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-9181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NBA Star Victor Wembanyama NFT Sells for $110,000+ | inFundPros<\/title>\n<meta name=\"description\" content=\"Source: Pixabay An NFT trading card based on NBA rookie phenom Victor Wembanyama sold for over $110,000 on Thursday, far surpassing the $67,333 that an\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=9181\" \/>\n<meta property=\"og:locale\" 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