TL;DR Breakdown
• The golf legend will show over 10000 NFT pieces between autographs and personal images.
• Tiger Woods joins the list of American athletes who endorse NFTs.
The NFT market has continually grown, and now has even newer adopters including the Time Magazine and Tiger Woods. NFT collections have been massive so far this year with various celebrities showing their support, including Snoop Dogg.
Time magazine launched its first NFT collection entitled “Time Magazine” to promote over 40 celebrities for this occasion. American golfer Woods also plans to release autographed images belonging to this crypto movement.
Tiger Woods joins NFT market
Tiger Woods is a famous golfer and a digital trading enthusiast on top today. Woods, like many sportspersons, has been attracted to cryptocurrencies regardless of governments not approving their trade
The golfer launches his first NFT collection divided into several original autographs. Since Woods’ NFTs were announced, the virtual market has seen a lot of interest from fans.
Tiger Woods joins athletes like Naomi Osaka and Tom Brady, who have also benefited from the NFT market. According to the announcement by crypto broker DKNG, each Woods autograph will have a value of $250 to $1,500, and the athlete will display another 9,000 pieces valued between $12 and $100.
Naomi Osaka’s tokens are still available for $1,500, all in a 12-piece collection. Both NFT auctions are dominating digital trading because the pieces have a high chance of increasing in value quickly.
NFTs open to the sports world
Non-fungible tokens or NFTs are open to the sports world. Although NFTs are more than one year old since inception, not until 2021 did they gain popularity in every corner of the world.
With celebrities like Tiger Woods supporting the NFT trade, it is easy to understand how fast the market has grown. These virtual pieces had reached Guccy, KFC, and even the pastry sector where the first virtual cake was recently launched .
Non-fungible tokens were born from the cryptocurrency market. However, they are not affected by the volatility that regular tokens have. These pieces on the internet have renewed the auction worl, with every person having a right to access them.
With the Tiger Woods NFT collection, the golfer will raise about $400,000 in an expected situation where the autographs sell out. Woods has not yet commented on this collection of NFTs or whether the funds he will raise will go to charity. More details are expected on the opening of the auction that will start on September 28.
