FIBA Partners with Venly to Introduce Basketball World Cup NFTs

FIBA Partners with Venly to Introduce Basketball World Cup NFTs

The International Basketball Federation (FIBA) has joined forces with the web3 SaaS platform, Venly, unveiling a unique series of digital collectibles. Set to commemorate the Basketball World Cup, this exclusive Non-Fungible Token (NFT) collection was launched on August 21, 2023.

Created with special attention to the host countries – Japan, Philippines, and Indonesia, the NFT line-up includes four distinct categories catering to both basketball fans and collectors.

  • Fan’s Passion Series: A nod to the fervor and commitment of basketball followers, this series captures the essence of the enthusiasm and devotion fans have for their teams.
  • Country Pride Series: This set centers on the culture, history, and national pride of the World Cup’s host nations. It gives a unique glance into the three countries pivotal to the 2023 event.
  • Ultimate Courtside: Providing a virtual front-row seat to the game, this series is tailored for genuine basketball lovers. It offers an unmatched viewpoint of the on-court action.
  • Golden Glory: Representing the zenith of the collection, these NFTs epitomize success and achievement in basketball. A sought-after item for both aficionados and collectors.

The collection will be available for acquisition on the FIBA World Cup NFT Shopify store.

Each NFT will utilize the Polygon (MATIC) network, ensuring transactional efficiency and environmental sustainability. Additionally, buyers can access their NFTs through the Venly Wallet for an effortless experience.

Blurring the Lines Between Sports and Digital Innovation

This collaboration underscores the significant convergence of classic sports with cutting-edge web3 tech. With Venly’s proficiency in digital asset creation and management, the process becomes streamlined, promoting both ease of access and authenticity in the rapidly growing NFT space.

Releasing just days ahead of the FIBA World Cup 2023, from August 25 to September 10, these digital memorabilia introduce fresh ways for fans to interact and claim a stake in the world of sports. The initiative signals a transformation in sports collectibles, showcasing the vibrant merge of time-honored sports with contemporary tech.