Poker lovers into non-fungible tokens (NFTs) can now own some of the things the World Series of Poker has gained over its history. NFTs are digital assets representing tangible objects or things like photos, art, video, and music. These things are sold and cannot be copied, replaced, or substituted.
A good example of owning an NFT is having a copy of Van Gogh’s painting. But, there would only be one person owning the original Van Gogh’s painting. The NFT business has made many multi-millionaires, with most people engaging in this business selling NFTS for millions of money.
Some examples of NFT include an art piece known as Everydays: The First 5,000 Days by a digital artist called Michael Wniklemann. Michael holds the record for selling the most expensive NFT for $69.3 million. Jack Dorsey, a Twitter co-founder, also sold his first tweet as an NFT for almost $3 million.
WSOP Plans to sell Iconic Moments as NFTs
If you are a Chris Moneymaker fan, you will be happy to spend some money buying one of his creations. WSOP plans to sell the pro poker player’s famous “bluff of the century” against Sam Farha in the 2003 WSOP Main Event. This clip was the first to be produced between the partnership of WSOP and Worldwise Asset eXchange and is expiring today, November 24, 2021.
There are five other NFTs for auctions running until December 6, 2021. One of these clips, called “when the kid became a legend, or Stu Ungar was put to auction on November 22, while The Poker Brat or Phil Hellmuth clip will go live on November 24.
Another NFT for auction is “it is gonna be all over, baby, you gonna call” by Scotty Nguyen will go live on November 29. On December 1, Doyle Brunson’s, also known as the Texas Dolly’s, 10th bracelet will be auctioned. Orient Express featuring Johnny Chan will also be up for auction on December 6.
Anyone can buy any of the six video clips online at any time once they go live for auction. Each of these clips is designed to include a WSOP logo, and a green digital felt created via Worldwide Asset eXchange blockchain.
This aspect ensures that once you buy the NFT, you are listed as its owner. Unfortunately, WSOP and Worldwide Asset eXchange produced only one official NFT for the six memorable Main Event moments.
The Poker Community Is Strongly Interested in NFTs
Speaking of the company’s plan to sell NFT, WSOP Senior Vice President noted the poker community’s interest in NFTs. Ty Stewart said that the company was happy to honor some of its memorable events in poker history by selling NFT. He said that it would allow poker fans a chance to own a piece of the company’s historical events.
William Quigley, Worldwide Asset eXchange co-founder, echoed Ty’s statement noting the huge interest in NFTs in the poker community. By the third financial quarter of this year, the NFT sales had increased to over $10 billion from $1.3 billion in Q2. This shows the interest in buying NFT has increased but is expected to go down when the prices increase.
The move to sell iconic moments as NFTs might bring in money for WSOP. As of yesterday, Moneymaker’s bluff bid was at $780 and might have increased since then. Later, WSOP plans to release other NFT packs featuring bracelet winners and Poker Hall of Famers.
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