The link between sports and collectors goes back a long way. The two industries have always had a close relationship, with many crossover fans and athletes who are also avid collectors. In recent years, the world of digital collectibles has exploded in popularity, and sports-themed NFTs have been at the forefront of this trend.

Just days after buying up their biggest competitors and launching their own token, Yuga Labs, founders of the top-selling Bored Ape Yacht Club NFT collection, announced that the team has raised $450 million in venture capital.

OpenSea, the world’s largest NFT marketplace by volume has officially added Solana NFTs to its users

The value of NFT technology is becoming more and more clear as NFTs move into the real world. 

NFTs have had a momentous year, with their popularity skyrocketing in 2021. As a result of this unprecedented rise, we've seen NFTs being used for everything from selling digital artworks to trading sports memorabilia. However, there's one use case that's been gaining traction as well: the connection between the Metaverse and NFTs.

Celebrities are usually the first ones invited to any party, and wouldn’t you know it, it looks like the wild world of NFTs is no different. Many of us don’t even know what they are, but in January 2022, sales of NFTs soared to a peak record $1 billion in sales per week