The 10 most expensive sports NFTs of all time
Sports enthusiasts, get your digital wallets out if you’ve been on the internet recently. Today we’ll be discussing some of the most expensive sports NFTs in history.
An NFT is a non-interchangeable unit of data stored on the blockchain but differs from a cryptocurrency, which is fungible and interchangeable. It is a form of digital ledger that can be sold and traded with a buyer.
An NFT can be associated with a particular digital or physical asset including but not limited to, arts, songs, sports highlights and other types of digital files. It uses blockchain technology to provide verifiable proof of the item the NFT is associated with.
However, just like purchasing a limited-edition signed and numbered print of a photograph does not transfer copyright ownership of the photograph to the purchaser, purchasing an NFT does not necessarily confer any of the intellectual property (i.e. copyright) in the subject matter of the NFT.
The underlying intellectual property right may be transferred by a smart contract associated with the NFT, but caution should be exercised here to make sure that no conflict exists between what is in the smart contract and what is in the terms of the website or platform on which the NFT is created or purchased.
So without any further ado, let’s dive into it and take a look at the 10 most expensive sports NFTs of all time.