AFL's first limited edition NFT delivery sells out in less than 12 hours

The first limited edition Australian Football League (AFL) non-fungible token (NFT) was a huge success on Wednesday, selling out in just ...

The first limited edition Australian Football League (AFL) non-fungible token (NFT) was a huge success on Wednesday, selling out in just under 12 hours.

On August 17, the football league launched “Ripper Skipper 2022” through its AFL Mint program, allowing people who joined the “clearance list” to purchase one of 3,800 drop-only packs.

The packs came with a retail price of 34.39 USDC each, with the project estimated to have raised over $130,000 in USDC.

The Ripper Skipper 2022 NFTs feature 78 meaningful moments and highlights from the 2021 season using both video and audio. Each pack includes three “moments” in a trio of different rarity levels, common, deluxe, and ovation.

Limited-edition digital content is also available; anyone who participated in the first drop has a 10% chance of getting an AFL Mint Genesis Ball.

While the initial mint sold out within hours, the general public will have access to another drop on August 24th.

AFL shares Metaverse plans

NFTs are digital certificates stored on the blockchain proving ownership of a digital or physical asset, often a work of art, but AFL Mint plans to expand the concept and offer matchday events, tickets and the ability to meet players in the metaverse.

Kylie Rogers, executive managing director of customer and business at AFL, said she hoped to use technology to improve the fan experience.

“Through our AFL Mint brand, we will launch exciting new moments in our men’s and women’s competitions, in addition to celebrating past great successes and other product launches that will bring a unique fan experience that we have never seen before. previously.”

The AFL announced its NFT marketplace, AFL Mint, in April, revealing it had signed a five-year partnership with Be Media, a Perth-based subsidiary of Hong Kong NFT gaming giant Animoca Brands.

Related: Australian Soccer League Reaches $25M Deal With

The marketplace will be launched in 2023, allowing the sale and exchange of moments between fans and collectors.

Follow the example

With the launch of their NFT Ripper Skipper 2022, the AFL has followed in the footsteps of other international sporting codes that have forayed into the web3 world.

The NBA launched their marketplace NBA Top Shot in 2020 for critically acclaimedwhile the The UFC created the UFC Strike in February of this year.

Other Australian sporting codes also followed suit; Cricket Australia (CA) and the Australian Cricketers Association (ACA) signed a multi-year license agreement with Singapore-based collectibles platform Rario and trading company NFT BlockTrust in April.

While Queensland Rugby League recorded a drop of 10,000 NFTs titled “The Ultimate Queenslander NFT” on the Flow Blockchain.