NFL Draft Goes NFT: Football League Releases New Collection on Polygon

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NFL Draft Goes NFT: Football League Releases New Collection on Polygon
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NEW: The NFL is launching a series of NFTs tied to the NFLDraft on Thursday. elitanjourno reports

The NFTs will also be given out to members of this year’s “Inner Circle” club, which includes fans selected to represent each team on draft night.

A representative of the league told CoinDesk it has given out more than 500,000 NFTs tied to ticket purchases since the marketplace’s release. Of those 500,000, around 210,000 were directly interacted with by their owner, a 42% figure the league considered a win in terms of engagement. “Those are just the ones we gave out for free, so we were impressed by the engagement numbers for sure,” Sam Rubinroit, the NFL’s director of club business development, told CoinDesk in an interview. “A good number of the NFTs we released for purchase sold out within 24 hours of their release.”

Rubinroit said the ticketing collectible platform is still very much in its “test and learn phase,” with larger plans cued up for the upcoming season. NFTs from its initial “Regular Season Clubs” collection were one point trading hands for thousands of dollars a piece, but have since cooled off to the $300-$600 range for the more popular teams.

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