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Tuesday, December 6, 2022
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    HomeNFTNBA Star Lebron James Files Trademark For NFT Collection

    NBA Star Lebron James Files Trademark For NFT Collection

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    Lebron James is about to hitch a rising checklist of celebrities leaping on the NFT bandwagon. The L.A. Lakers ahead was seen submitting 4 trademark purposes for NTFs and digital collectibles.

    The submitting was identified on Twitter by trademark lawyer @KondoudisLaw. It was not instantly clear when, and on what platform the gathering can be launched. CoinGape was unable to instantly attain James for a remark.

    The 37-year previous basketball star is not any stranger to the crypto world. Earlier this yr, he appeared in a Superbowl spot for crypto.com , seen interacting along with his youthful self.

    Lebron James

    Digital collectibles that includes James are additionally already obtainable on the NBA’s formally licensed “Top Shots” market, which is operated by Dapper Labs.  Final April, a high shot that includes a slam dunk by James offered for $400,000, Yahoo Sports reported.

    Rising variety of celebrities enterprise into NFTs

    James’ foray into NFTs will see him be part of a rising checklist of celebrities and artists within the area. On Tuesday, music producer SIA revealed she was an lively participant on NFT market OpenSea, beneath the pseudonym Bianca_de_Medici. The artist additionally has a twitter handle beneath the identify with over 18,000 followers.

    Rapper Snoop Dogg had released an NFT collection final yr that includes recollections from his early years. Socialite Paris Hilton launched a Barbie-themed collection that offered for $1.1 million, whereas rapper Eminem raised $1.8 million via a giveaway. Tesla proprietor Elon Musk has additionally been an lively participant within the NFT group, not too long ago rumored to have purchased a Bored Ape NFT for 600 ETH.

    The rising celeb involvement highlights a increase in NFTs since 2020. The worth of the NFT market surged to $24.9 billion in 2021, from $95 million in 2020, in response to information from Dapp Radar.

    Whereas their momentum seems to have slowed down in 2022, NFTs seem to have change into a mainstay within the crypto group. The rising recognition of the Metaverse has additionally boosted the idea of digital possession espoused by NFTs.

    Disclaimer

    The offered content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.

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