Today Topps, the company that has licensed Major League Baseball (MLB) collectible cards for years, announced plans to launch licensed digital collectibles nonfungible tokens (NFT) next week. It’s not the company’s first expansion into digital collectibles as it already has numerous apps, including Topps BUNT for baseball. In fact it has already released NFTs with other partners, but it’s the firm’s first foray into NFTs for baseball.
What distinguishes NFTs is that a user can prove their ownership via blockchain, trade it, and potentially use the NFT in other applications such as fantasy sports competitions as well.
The NFTs that will go on sale next week including art from the physical 2021 Series 1 Baseball release, some of which are ‘digitally enhanced and creatively reimagined’. As with physical cards, the digital collectibles will be released in a series of packs with standard and premium levels.
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