Tom Brady Plans To Launch NFT Platform
By: Jackson Hayes
As the NFT and Blockchain craze continues, athletes and entertainers across the country have made efforts to join in on the fun. Most recently, seven-time Super Bowl Champion, Tom Brady, who plans to launch his own NFT platform, Autograph, sometime this Spring.
As previously reported, NFTs (Non-fungible Tokens) are collectible digital objects that are bought and sold on blockchains using cryptocurrencies. In many ways, they are similar to sports cards in that they can either be purchased as collectibles or traded later on.
While many NFTs focus on a specific field, like NBA Top Shot which produces and sells NFTs of NBA players, Brady’s platform “will bring together some of the world’s most iconic names and brands with best in class digital artists to ideate, create and launch NFTs and ground-breaking experiences to a community of fans and collectors,” explained Dillon Rosenblatt, co-founder and CEO of Autograph. According to Inside Hook, Autograph will also offer physical products and host live auctions.
While Brady himself has yet to officially announce his new platform, he hinted at the announcement with a quote tweet from CNN Business.
Brady’s advisory board will consist of Apple senior VP Eddy Cue, Los Angeles Dodgers co-owner Peter Guber, Lionsgate CEO Jon Feltheimer, along with many more high-profile investors.
Brady will face some familiar competition as he enters the NFT industry. Current teammate Rob Gronkowski recently sold his own NFT for $1.6 million, Kansas City Chiefs Quarterback Patrick Mahomes sold his NFT for $3.4 million, and retired NFL Quarterbacks Eli and Peyton Manning recently announced their own NFT platform.
Brady has had success with and against these players on the gridiron, but it will be interesting to see how his ventures off the field will match up.