Tom Brady has launched a new NFT Platform called ‘Autograph’, together with Japanese tennis star Naomi Osaka to facilitate digital ownership of sports memorabilia by sports fans, making use of the already growing NFT market, which is growing rapidly.
Tom Brady’s Foray Into the burgeoning NFT space
Tampa Bay Buccaneers NFL quarterback Tom Brady, and Japanese tennis star Naomi Osaka have launched their own non-fungible token platform, called “Autograph”. This sheds light on an NFT market that’s growing in tens of millions per day in trading volume. The tokens, called NFTs, are far behind Bitcoin and Ethereum, although not far behind all the other alt coins.
What is an NFT?
“Non-fungible” means a unique item, such as a vintage signed football card, that cannot be copied. NFTs are part of the Ethereum blockchain. NFTs can be physical items, like pieces of artwork, or they can be digital items, like a video montage of a sporting hero’s best moments.
Brady is a pioneer when it comes to athletes joining the NFT market, after showing his initial interest in crypto.
“Autograph” board and seed idea
The platform, co-chaired by Brady and internet entrepreneur Richard Rosenblatt, will sell digital sports memorabilia from Brady, Osaka, hockey star Wayne Gretzky, and skateboarder Tony Hawk. Osaka will be on the advisory board of the company. This isn’t Brady’s first foray into the world of crypto; together with wife Gisele Bundchen, he has taken an equity stake in FTX trading limited, and will receive crypto in the partnership.
According to Brady, Autograph was created as a way for fans and collectors to have their own piece of iconic moments in sports and entertainment through official digital collectibles. It also makes available one-of-a-kind individually signed items, together with exclusive content and experiences, according to website autograph.io. Tom Brady’s NFT Collection has debuted on Draftkings Marketplace.
BeInCrypto has reached out to company or individual involved in the story to get an official statement about the recent developments, but it has yet to hear back.