OneOf Expands Sports NFT Presence With New Collection on Polygon

The NFT platform known for its music marketplace is launching a series of one-of-one sports NFTs that grant holders exclusive perks.

Feb 24, 2022 at 12:00 p.m. UTC
Updated Feb 24, 2022 at 3:59 p.m. UTC

Eli is a news reporter for CoinDesk. He holds ETH, SOL and AVAX.

The digital sports collectible market is growing faster than ever, and non-fungible token (NFT) platform OneOf is planning to get in on the action.

The company announced the launch of its “Sports Pass” collection on Thursday, a series of one-of-one 3D-rendered NFTs designed by animation studio 8th Frame that grant holders exclusive perks on OneOf’s new sports-themed NFT marketplace.

Along with pro sports partnerships, OneOf says it has a series of college team sponsorships in the works, a growing area of interest in the burgeoning sports NFT landscape.

The first of its college partnerships is with the iconic Duke University basketball program.

Polygon, not Tezos

OneOf’s sports marketplace, announced earlier in February in partnership with Sports Illustrated, will live on the Polygon blockchain. The decision marks a departure from Tezos, the blockchain where the company has made a name for itself with its music marketplace.

“We love Tezos, but there was a desire to diversify a bit and bring in a different buyer pool,” Joshua James, co-founder of OneOf, told CoinDesk in an interview. “We think it makes the tent bigger, and we like that as an idea. We think it’s going to be a multi-chain world.”

Polygon, a layer 2 expansion system for Ethereum, is becoming a popular choice for smaller NFT marketplaces focused on high-quality, low-cost collections, coming off a $450 million funding round raised earlier this month.

OneOf’s sports marketplace has already signed partnerships with famous athletes including Wayne Gretzky, Mia Hamm and the estate of Muhammad Ali, cornering what many describe as the “normie” NFT market aimed at the general public. Collectibles on OneOf’s marketplace are purchasable with credit cards, in addition to crypto.


Read more about
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Eli is a news reporter for CoinDesk. He holds ETH, SOL and AVAX.

CoinDesk - Unknown

Eli is a news reporter for CoinDesk. He holds ETH, SOL and AVAX.

Trending

1
CoinDesk - Unknown
Portuguese Congress Rejects Two Bills Seeking to Tax Crypto

The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far.

The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far.

CoinDesk - Unknown
2
CoinDesk - Unknown
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.

The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.

CoinDesk - Unknown
3
CoinDesk - Unknown
A16z Doubles Down on Crypto Investments Despite Market Downturn, and NFL Launches Play-to-Earn NFT Game

The most valuable crypto stories for Wednesday, May 25, 2022.

The most valuable crypto stories for Wednesday, May 25, 2022.

CoinDesk - Unknown
4
CoinDesk - Unknown
OCC: ‘No Contagion’ Post-Terra Collapse

A surprisingly measured set of comments from Acting Comptroller Michael Hsu.

A surprisingly measured set of comments from Acting Comptroller Michael Hsu.

CoinDesk - Unknown