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Steph Curry is selling NFT sneakers that can be ‘worn’ in the metaverse to commemorate his 3-point record

Tom Hagler by Tom Hagler
22.12.2021
in Business
Steph Curry is selling NFT sneakers that can be ‘worn’ in the metaverse to commemorate his 3-point record
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Mark J. Terrill/AP Images

  • Basketball star Steph Curry released 2,974 NFT sneakers to commemorate his record of 2,974 successful three-point shots.
  • The NFTs are digital replicas of the shoes he wore when he broke the all-time league record. 
  • Owners of the virtual kicks will be able to show them off in three different metaverses, including Decentraland.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

NBA superstar and long-range sharpshooter Steph Curry is commemorating his recent three-point record with the release of 2,974 non-fungible tokens. 

Each NFT is a digital replica of the sneakers he wore when he broke the NBA record for all-time three-pointers —2,974 successful shots — earlier this month. The digital kicks, called Genesis Curry Flows, sold out instantly, priced at $333 in another nod to the NBA’s three-point line. 

All proceeds from the NFTs will be donated to organizations facilitating access to sport, according to Under Armour, which is Curry’s real-life sneaker brand.

The owners of Curry’s digital sneakers will be allowed to sport them across three separate metaverses: Gala Games, The Sandbox, and Decentraland. There are five tiers of the shoe with different degrees of scarcity. 

This isn’t Curry’s first foray into digital assets In August, he purchased a $180,000 Bored Ape NFT, and earlier this month the NBA team he plays for, The Golden State Warriors, partnered with crypto exchange FTX to launch a new series of NFTs.

NFTs in and out of the sports realm continue to boom. Over the past week alone, NFT sales hit $246 million, signalling a strong finish to a banner year for digital assets. 

Total sales volume in 2021 of the digital items has surged to approximately $12 billion. 

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=cCkdnYZ8USM:IquYt5VVVd businessinsider?i=cCkdnYZ8USM:IquYt5VVVd businessinsider?d=qj6IDK7rITs businessinsider?i=cCkdnYZ8USM:IquYt5VVVd

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