NBA Top Shot moments are now being bought at sold on eBay. The blockchain-based platform of specially created, numbered video clips has become a monster hit less than a year after it launched in beta. Over a recent 30-day period, Top Shot had a sales volume of nearly $125 million, pacing all Crypto collectible markets. The platform is a collaboration between the … [Read more...]
Topps and the Stock Market – A Closer Look at the Deal
One of the most iconic names in sports cards is returning to the ranks of the publicly traded. Again. Earlier this week, Topps struck a deal with Mudrick Capital (most recently of “meme stock fame”) that will result in the listing of Topps shares on the Nasdaq exchange. It’s a path the Company has trod before. Topps: What’s Old is New Founded in 1938, and incorporated … [Read more...]
Editor’s Blog: Topps Breaks Down Finances; Looks to Future
When Topps announced its decision to combine forces with an acquisition company on Tuesday, the company offered some interesting details on its finances and future plans. In touting the initiatives that led to its current valuation, Topps revealed it make a $92 million profit in 2020—a strange and unexpected time in which the sports card market exploded in the midst of a … [Read more...]
Goldin Auctions Adds Crypto as Payment Method
Cash, check money order, credit card…cryptocurrency. The accepted methods of paying for auction winnings grew by one at Goldin Auctions this week as the company announced a new plan to enable customers to buy and sell with Bitcoin and Ethereum through a partnership with Gemini, a platform to buy, sell and store cryptocurrency. Goldin is the first dedicated sports … [Read more...]
Kings Open Blockchain-Powered Jersey Auction Platform
The Sacramento Kings have partnered with a blockchain software development firm to create a game-night auction platform, which launched this week. “We have integrated blockchain technology into our business across multiple platforms, including our reward program, and now our fans will have the opportunity to securely purchase authentic game-worn merchandise in real-time … [Read more...]
Notes: Blockchain Sales; Gehrig Letters; Ovie Pucks Bring Big Bucks; Morant Jersey; Phil’s Pulls
Panini’s initial run of cards produced and released through blockchain technology included one big sale: the Kobe Bryant card offered by the company brought $61,714.29 last week. Of the ten one-of-a-kind cards sold on Panini’s website, nine went for more than $1,000 including a dual autographed Ja Morant/Rui Hachimura card that sold for $3,591.85, a Kyler Murray rookie auto … [Read more...]
Panini to Introduce Cards With Blockchain Provenance
Panini America says it will offer the first officially licensed trading cards featuring blockchain technology in early 2020. The release includes current and former players in a variety of sports and will be designed in the mode of its popular National Treasures line. The 1/1 cards will launch January 6 and will be sold in an auction format in U.S. dollars as … [Read more...]