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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release. The collectibles company Topps says that it’s the firm’s largest MLB NFT launch ever.

Topps Launches Series 2 MLB NFT Collection

At the end of August, the collectibles firm Topps launched the first series of its 2021 NFT Major League Baseball (MLB) NFT collection called “Inception.” A month later in October, Topps introduced the second series of NFT MLB collectibles via the blockchain protocol Avalanche. The new NFTs are based on the sold-out 2021 Topps Series 2 Baseball physical product and can be obtained via toppsnfts.com.

American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

Standard and premium packs of the 2021 Topps Series 2 Baseball NFT collection started selling on October 4 and the NFT collectibles contain card rarities ranging from common to legendary. Tobin Lent, the VP and global general manager of Topps Digital Sports & Entertainment explained that the MLB NFT series are good for both NFT veterans and newcomers alike.

“Our Topps MLB NFT products have created a fun, easy-to-use collecting experience for many who have collected NFTs before as well as those looking to make their first purchase,” Lent said in a statement sent to Bitcoin.com News. The Topps’ executive added:

Series 2 Baseball provides a yearly snapshot of many of the twists and turns of an MLB Season and this release offers collectors a chance to collect those memorable moments in a unique new way.

Collectible Company’s First Series MLB Collection Sold Out in 96 Minutes, Fanatics’ Candy Digital Brings MLB Competition

According to the toppsnfts.com web portal, a standard pack of NFT baseball cards is $15 per pack and they come with eight cards per pack. 25,000 packs have been released and the odds to get a rarity card is 16.64%.

The chance to get a super rare card is 14.23%, and the chances to obtain a legendary NFT card from the series are much lower at 0.04%. A standard pack purchaser, however, is guaranteed to get at least one rare card. Premium packs are far more expensive at $150 per pack but the legendary odds are greater.

The chance to get a legendary card in a premium pack is 0.88% while the odds to obtain an epic NFT card is around 30.50%. Three epic NFT cards are guaranteed and the All-Star and 70th Anniversary Platinum Facsimile Signatures NFT cards are exclusive to premium pack buyers.

In August, the first 2021 Topps MLB Inception NFT Collection sold out in just 96 minutes and with more than 22,000 unique buyers during the sale. Topps says that the hottest secondary sales from the Inception collection include the 1 of 3 Legendary Vladimir Guerrero Jr. Letter Booklet and the 1 of 23 Epic Juan Soto Red Rookie and Future Phenoms Facsimile Signature NFT collectible card.

So far, in terms of Major League Baseball NFT cards and packs, Topps has cornered the market. Meanwhile, NBA Top Shot has introduced non-fungible token collectibles tied to NBA players and their greatest moments. However, in 2026 Topps will lose its partnership with MLB as the league has inked a deal with the sports apparel maker Fanatics. It’s quite possible that Fanatics could pick up the MLB NFT game from that point forward.

MLB has also partnered with Candy Digital and the platform has released MLB-branded NFTs like a 1-of-1 token of Lou Gehrig. Moreover, the Los Angeles Dodgers released an NFT version of the club’s 2020 World Series ring. In fact, Fanatics is deeply rooted with the startup Candy Digital as the company’s founders include billionaire investor Michael Novogratz, digital media entrepreneur Gary Vaynerchuk, and Fanatics’ chairman Michael Rubin.

What do you think about the latest MLB NFT Collection from Topps? Let us know what you think about this subject in the comments section below.

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