Chicago bulls nft

And, while not yet available, the Bulls are also working to develop a platform where fans can buy and resell tokens in a secondary marketplace in the coming weeks.

“From the very beginning when we started talking about the chance of doing an NFT project this season, we really wanted to do something that was fan-centric,” Moriarty said. “What we’ve designed isn’t necessarily for people that are already deep into the crypto world or NFT world.”

And these are not static images. Each NFT features a 25-30 second video reel custom-fitted to each year’s NBA Finals matchup.

The 1991 edition, for example, features the championship ring floating above a red carpet as a nod to the Los Angeles Lakers, who the Bulls defeated in that year’s Finals.

Chicago bulls nft

With it, the Bulls hope to bring the feel of sports memorabilia collecting to the digital space while engaging fans.

“When they sent the note it was something we were excited about,” Moriarty said in an interview with NBC Sports Chicago that aired during the most recent episode of the Bulls Talk Podcast. “We immediately wanted to be doing something.”

So, how does it work?

Each ring-inspired design will be released daily from July 26 through July 31 (on sale at 11 a.m. CT, 8 a.m. CT ifsigned up for priority access) with 91 uniquely encoded versions of the 1991 design becoming available for purchase on July 26, 92 versions of the 1992 design becoming available on July 27, and so on.

Within each of those drops are tiers assigned at random: Legendary (six per ring design), iconic (23 per ring design) and rare (the rest).

Chicago bulls nft shopify

American professional basketball team, the Chicago Bulls, is collaborating with acclaimed artist, Claire Silver for its new NFT drop. Apparently, the upcoming project will drop on theCoinbase NFT marketplace.
Announcing the news on Twitter yesterday, April 10, Claire said she is “honoured” to partner with the basketball team.

Chicago Bulls x Claire Silver: What we know so far

“Now that I’ve signed the contract, excited to announce I’ve been asked by the Chicago Bulls to design an NFT for their Coinbase collection,” Claire Silver tweeted. “Am honored to represent AI-collaborative art while exploring the aesthetics of their iconic logo.”

Claire is famous for the works that she created in collaboration with artificial intelligence.

Chicago bulls nft rings

Apart from AI, she also works with oil, acrylic, digital illustration, collage, photography, and more.

Actually, Claire Silver is not the only artist the Chicago Bulls are collaborating with. Several top NFT artists have announced they have partnered with the team for their upcoming Coinbase NFT collection.For instance, Iranian-American NFT Artist, Sabet tweeted they are “excited to announce this news.”

Meanwhile, visual artist, Efdot and artist, musician, and animator, PROBCAUSE are some of the other collaborating artists.
The latter tweeted that they are “excited” about the partnership with the Chicago Bulls to “create a collection of NFTs alongside some of the most talented artists in Chicago!”

However, the Chicago Bulls are yet to make any official announcement.

Actually, this is not the Chicago Bulls’ first stint with NFTs.

American professional basketball team, Chicago Bulls is collaborating with acclaimed artist, Claire Silver for its new NFT drop. Apparently, the upcoming project will drop on the Coinbase NFT marketplace.
Announcing the news on Twitter yesterday, April 10, Claire said she is “honoured” to partner with the basketball team.

Chicago Bulls x Claire Silver: What we know so far

“Now that I’ve signed the contract, excited to announce I’ve been asked by the Chicago Bulls to design an NFT for their Coinbase collection,” Claire Silver tweeted. “Am honored to represent AI-collaborative art while exploring the aesthetics of their iconic logo.”

Claire is famous for her works that she created in collaboration with artificial intelligence.

Sweet handles NFTs that follow the Ethereum ERC-721 specification, the Simple Ledger Protocol’s SLP token standard, and the Flow blockchain from Dapper Labs.

The NFTs for the Chicago Bulls were created on Flow, which also houses the NBA Topshot tokenized distinguished collections.

Get ready for the @ChicagoBulls Legacy Collection, celebrating their run from ’91-98

💍6 NBA Championship Rings ⭐3 tiers of scarcity 🏟️Unique challenges for in-arena experiences

Launching July 26, powered by Flow🌊

Sign up for priority access today👇https://t.co/1MjRZCwHNRpic.twitter.com/6urhq11C1x

— Flow Blockchain (@flow_blockchain) July 24, 2021

The “Bulls Legacy Collection” will be issued in six installments, with every token honoring the team’s six championship victories between 1991 and 1998.

Shopify, a leading e-commerce platform that lets websites add storefronts and accept payments, has added support for NFTs, allowing store owners to sell the crypto collectibles directly without relying on an external marketplace.

Word of the NFT support comes from Shopify president Harley Finklestein, whotweeted about the newsvia his personal Twitter account today. He said that the official NFT drop from the NBA’s Chicago Bulls, which wasannounced late last week, marks one of the first examples of the tech being used by a Shopify partner.
He said that the functionality isopen to “a select few”Shopify partners “for now,” but to “stay tuned.”

Introducing the Bulls NFT Legacy Collection.

Six NBA Titles. Six Championship rings.

An application launched on Solana by Michael Jordan and his son has sold out of their first NFT collection entitled ‘6 Rings

Michael and Jeffrey Jordan launched Heir inc., on Solana in December, marking their arrival on Web3.

The 6 Rings NFT collection sold out in 24 hours and trade volume has now surpassed $1.1million USD.

The NFTs, commemorating Jordan’s 6 NBA titles with the Chicago Bulls, are now selling on the secondary marketplace “Magic Eden” for quadruple the original value.

Heir is a community-driven app dedicated to connecting athletes with their loyal fans via “huddles”.

Owners of the ‘founding fan’ NFTs, a batch of 5005 in total, will have the opportunity to enter exclusive huddles and gain unprecedented access to their heroes.

Hence with Shopify, besides addressing these challenges, brand managed NFT stores enhance the relationship between the brand and consumers and help market the platform to their desired audience.

The NFTs launched by the Chicago Bulls will be the first officially licensed collection by the team. The Bulls Legacy Collection relates to the Bull’s six World Championship rings and features six token designs in three tiers of rarity.

While supply lasts, the NFTs will be available for purchase from July 26th to the 31st. There will be additional opportunities for collectors to showcase their digital assets and earn prizes.

An additional feature is that the NFTs are randomly assigned to purchasers. Buyers can only uncover an NFT’s content and rarity once it is opened.

The first NFT went live on July 26 and has been already auctioned, with the second NFT set to go live later this evening. The final four NFTs will be released in the coming four days. Notwithstanding the slowdown of the NFT market, sales of NFTs exceeded $2.5 billion in the first half of this year.

Before Shopify offered this capability, merchants would have to sell through a 3rd party marketplace aka less control of the sale and customer relationship. Once again we are putting the power back into the hands of merchants and meeting customers how and where they want to buy.

— Harley Finkelstein (@harleyf) July 26, 2021

A select few for now.

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