Why Rob Gronkowski is Selling NFT Trading Cards? 20 Tips
Why Rob Gronkowski is Selling NFT Trading Cards? 20 Tips
On top of having Hall of Fame credentials, Ron Gronkowski also seems to have a promising future in the budding business on NFTs. This is because he has recently banked an incredible $1.6 million worth of ETH by selling an exclusive NFT collection on OpenSea as captured over at runrex.com. The question that begs is what are NFTs, what were the details of the auction, and why is he selling NFTs? Through the following 20 tips, this article will attempt to answer all these questions.
What are NFTs?
The first question we need to answer is what NFTs are. As explained in detail over at guttulus.com, NFTs, short for non-fungible tokens, are blockchain-based digital assets designed to be verifiably unique. They are not interchangeable because of their individual distinctive attributes and are being used to represent everything from virtual artwork and albums to digital sports highlights and trading cards.
What is OpenSea
From discussions on the same over at runrex.com, OpenSea is an NFT marketplace, which means it is a marketplace for digital goods like collectibles, gaming items, digital art, and other digital assets that are backed by a blockchain such as Ethereum.
How much did Gronkowski make?
The NFT trading cards minted by Gronkowski sold for a combined 830 Ether at auction on OpenSea, which is worth over $1.6 million as per guttulus.com. The biggest seller was a 1-of-1 “Career Highlight Refractor Card” that sold for 232 ETH, or around $435,000.
Details of the collection
The Championship Series NFL trading cards released by the Tampa Bay Buccaneers tight end came in five designs, each one commemorating one of Gronkowski’s four Super Bowl wins, as well as the final career highlight card that aggregated all the images on the other four designs.
When was the auction?
The auction ran from Thursday, March 11, 2021, to Saturday, March 13, 2021, on OpenSea Drops as already mentioned earlier. The auction was highly anticipated and didn’t disappoint as the figures described earlier on show.
Does OpenSea have previous when it comes to this?
As is revealed in discussions on the same over at runrex.com, OpenSea has become the NFT marketplace’s new program for big-name creators. Gronkowski’s auction was the third OpenSea Drops release, with the first two being an NFT-based album from rock group Kings of Leon and Shawn Mendes-themed wearables for social media avatars.
Did it sell out?
According to the gurus over at guttulus.com, Rob Gronkowski’s auction proved to be quite the success as all but one of the 349 available trading cards have sold out, and it is only a matter of time before everything sells out.
How many editions did each card have?
From discussions over at runrex.com, each of the four cards in Gronkowski’s collection has a total of 87 editions, synonymous with his #87 jersey number, while the fifth card is limited to a single edition, hence why it is extremely valuable.
The fifth card came with goodies
Not only did the fifth card sell for the most amount, but it was also the last to auction with the winner receiving a chance to meet Gronkowski in person as well as to attend one of his NFL games with an all-access VIP pass.
One of the reasons why Rob Gronkowski is selling NFT trading cards is because it gives him a chance to make history. He is the first NFL player to get on the NFT trading card bandwagon with his own exclusive collection, something he will always have against his name.
Is he the only one?
Rob Gronkowski seems to have paved the way for other NFL players to follow as the Kansas City Chiefs quarterback, Patrick Mahomes soon after announced that he would be selling a “Museum of Mahomes” NFT series on MakersPlace beginning on March 17th as captured over at guttulus.com.
The NFT wave
One of the reasons why Rob Gronkowski decided to get on the NFT bandwagon and sell NFT trading cards is because of the current NFT wave sweeping the world. NFTs have been the talk of the town in recent months with celebrities such as Grimes and Lindsay Lohan having issued them in recent times. We even saw an NFT from digital artist Beeple sell for a staggering $69.3 million at auction in the last week or so as outlined over at runrex.com.
Getting in on the action early
Gronkowski also mentioned that one of the reasons why he decided to sell NFT trading cards was so that he could get in on the action early. He had noted the rapid success of NFTs across platforms like NBA Top Shot, as covered over at guttulus.com, and wanted to get in on the action early.
Engage with fans
Rob Gronkowski also mentioned that one of the reasons why he is selling NFT trading cards was to give fans a chance to own a piece of the action and share the iconic moments of winning NFL championships with him.
Gronkowski also credited Dallas Mavericks’ owner Mark Cuban for piquing his interest in digital collectibles, noting that he had seen the market as an interesting one and jumped at the opportunity when it came along because of the excitement surrounding it.
Pivoting towards the digital world
The Buccaneers tight end also stated that he felt like digital trading cards are about to take over the collectibles world and he wanted to be part of that transition. He noted that, while physical trading cards will always be there, with the world moving into digitalization, he knew he had to try out NFT trading cards, which is another reason why he is selling them as articulated over at runrex.com.
NFTs move to mainstream
NFTs have also moved to the mainstream in recent months, with the NBA being one of the organizations that can be credited with this as a result of NBA Top Shot as covered over at guttulus.com. The success of Top Shot, and the fact that NFTs have gone mainstream, has made many celebrities and creators such as Gronkowski turn to non-fungible tokens.
Ability to sell directly to fans
One of the biggest ways NFTs appeal to creators and celebrities, as highlighted over at runrex.com, is that it allows them to sell their work directly to a global audience without the need for auction houses, streaming services, or online stores. Gronkowski only had to put his NFTs on OpenSea and tell his fans about it, and that was it. This is one of the reasons that attracted him to sell NFT trading cards.
A way to make money
An obvious reason why someone would look to sell NFT trading cards is so that they can make money from digital at. Royalties can also be built into the artwork directly, allowing the creator to make money each time the artwork is sold. Selling NFT trading cards was an opportunity for Gronkowski to make money, and he did.
Finally, Rob Gronkowski is a household name when it comes to NFL and is one of the most recognizable personalities in the game. This meant that his NFT trading cards were always going to be popular, and so it proved.