ARTSKY – Giannis Antetokounmpo NFT Sells for Record-Breaking $187K on Sorare NBA

It’s official: Giannis Antetokounmpo has set a new record for the most expensive NBA non-fungible token (NFT) ever sold. On Tuesday, the NBA star’s NFT sold for an eye-popping $187,000 on Sorare, a fantasy sports platform that offers users the chance to collect, trade, and build their own digital sports teams.

The NFT, which was designed by artist KodeAbdo, features a 3D-animated version of the Milwaukee Bucks star. The artwork was created using motion capture technology and is the first of its kind to be sold on the Sorare platform.

The sale of the NFT marks a major milestone for the burgeoning NFT marketplace, as it is the highest-priced NFT ever sold for a sports-related item. The previous record was held by a LeBron James NFT, which sold for $90,000 earlier this year.

The sale of the Giannis Antetokounmpo NFT also highlights the growing popularity of NFTs in the sports world. The technology allows fans to purchase digital assets that are unique and can be traded and sold in the same way as physical assets.

It’s clear that the sports world is embracing the trend of NFTs, and it’s likely that the sale of the Giannis Antetokounmpo NFT is just the beginning of a larger trend. With more and more athletes, teams, and leagues embracing the technology, it’s likely that the sale of NFTs in the sports world will continue to grow in the coming months and years.