Tom Brady has joined Japanese tennis star Naomi Osaka to launch a new NFT platform called Autograph to promote digital ownership of sports memorabilia by sports fans, capitalizing on an already growing NFT market that is growing rapidly.
Tom Brady dips his toe into the booming NFT space
Tampa Bay Buccaneers’ NFL quarterback Tom Brady and Japanese tennis star Naomi Osaka have launched their own unforgeable token platform called “Autograph”. This reveals an NFT marketplace that is growing by tens of millions of transactions per day. The token, known as NFT, is far behind Bitcoin and Ether, although not far behind all other alternative coins.
What is NFT?
A “Non-fungible” is a unique item, such as a vintage signed football card, that cannot be copied.NFTs are part of the Ethernet blockchain. NFTs can be physical items, such as artwork, or digital items, such as a video montage of a sports hero’s best moments.
Brady is a pioneer when it comes to athletes joining the NFT market, after showing initial interest in cryptocurrencies.
“Autograph” Board and Seed Ideas
The platform, co-chaired by Brady and Internet entrepreneur Richard Rosenblatt, will sell digital sports memorabilia of Brady, Osaka, hockey star Wayne Gretzky and skateboarder Tony Hawk. Osaka will be a member of the company’s advisory board. This isn’t Brady’s first foray into the world of cryptocurrency; along with his wife, Gisele Bundchen, he has taken a stake in FTX Trading Ltd. and will receive cryptocurrency in the partnership.
According to Brady, Autograph was created to allow fans and collectors to own their own iconic moments from the world of sports and entertainment through an official digital collection. It also offers one-of-a-kind individually autographed items, as well as exclusive content and experiences, according to the website autograph.io. Tom Brady’s NFT collection has debuted on Draftkings Marketplace.