Stephen Curry is one of the world’s most recognized athletes due to his prowess on the basketball court. However, he also has some very successful ventures off the court as well.
Recently, we have seen Stephen Curry get into the world of NFTs, which are widely popular currently. Stephen Curry has already bought a $180,000 Bored Ape Yacht Club NFT and has created his own ‘2974’ NFT collection to celebrate him breaking the all-time 3PT record.
It seems as though Curry’s NFT interest hasn’t stopped there. It has recently been revealed by Vlad Savov of Bloomberg that Stephen Curry’s $333 NFT shoes have already sold out.
National Basketball Association player and recent crypto convert Stephen Curry released a collection of 2,974 non-fungible tokens featuring digital replicas of the shoes he wore when he broke the 3-point scoring record this month, allowing owners to show them off across three different metaverses.
Priced at $333 and already sold out, the NFT drop entitles buyers to sport the shoes across a trio of Ethereum-based metaverse platforms: Eric Schiermeyer’s Gala Games, Animoca Brands’ The Sandbox and Decentraland. Net proceeds from the sale will be donated to organizations supporting access to sport, according to the dedicated website set up in collaboration with Curry’s real-world sneaker brand, Under Armour Inc.
NFTs exploded in popularity this year, aided in part by celebrity endorsements and stratospheric prices paid for the most in-demand examples, triggering a speculative rush. The virtual Genesis Curry Flows sneakers are an early attempt at one of the promises of NFTs: allowing a person to buy a digital good once and then use it across various games or virtual experiences. One feature they’ve inherited from the gaming realm is the loot box mechanic: there are five variants of the shoes with increasing scarcity and each owner doesn’t know which they’ll get in advance.
The NFT shoes will reportedly try and allow someone to buy them once “and then use it across various games or virtual experiences”. That is obviously a bold thing to try and do, but nothing is impossible.
We’ll see how well Stephen Curry’s NFT ventures will do in the future. NFTs are certainly rising in popularity both among regular people and celebrities, and perhaps Curry’s endeavor will pay dividends later on.
