Giannis Antetokounmpo’s NFT Sells for Record-Breaking Price

Brush Stroke By: Debadrita Ghosh Image credit: NBA and Twitter

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[{"selector":"#anim-be057295-85e3-4e4d-bcf8-2ac9ed82f3fa","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1de967a-60a6-4cd3-b55a-8f7ec9b974e1","keyframes":{"transform":["translate3d(0px, 61.15677%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f59ee40c-0a48-44f2-8741-c099e1a01563","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99d5b482-bafd-42df-bf84-b0a7d19ea797 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.599922714213264%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] A 1/1 NFT of Giannis Antetokounmpo sold for $187,000 worth of ETH on Sunday which has set a new milestone for the NFT-driven basketball game, Sorare NBA.

[{"selector":"#anim-9453bb7d-3a9e-4996-b442-6e60ff93e575","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9371a4dd-9ad3-4bfc-aa5a-277ccb451bca","keyframes":{"transform":["translate3d(0px, 80.77811%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d52d04e-7f25-4e80-a992-00023b52b9a3","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18620fcd-1539-40cd-ab8a-7c97a461b615 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.3369566222652765%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Through the Ethereum-based platform owned by Sorare NBA, Giannis' NFT was auctioned and sold for over $187,000, or 113.9 ETH. It is three times more than Anthony Davis' NFT sale price of $62,000 in December.

[{"selector":"#anim-2c2ee436-d002-4983-a9f5-7eef18ad1a4b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(19.254616346121352%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-efb2f8c7-59d5-41bb-a9ef-3f4448ae76e2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5eaf0033-62e1-4c0e-82ca-1d6687472c81","keyframes":{"transform":["translate3d(115.06409%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Moreover, it is Giannis' biggest known sale to date. It ranks as the 16th largest on-chain Top Shot Sale overall. It is the largest on-chain sale for Giannis, which is worth $95,000 in a single transaction since February 2021.

[{"selector":"#anim-51c5bc64-4511-4976-af12-1dd5ab80d527 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(8.450194961165181%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f8e268db-5d6f-4dae-ab01-5b93f49fe6ce","keyframes":{"opacity":[0,1]},"delay":600,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f9fd3f0-494e-4a26-a182-f1a7e280ff31","keyframes":{"transform":["translate3d(-143.63636%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3aed6122-5b71-4338-9867-2427aff2e975","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f274a62f-5d04-4fa6-ba73-7d98528e20d3","keyframes":{"transform":["translate3d(-120.61856%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Even Sorare NBA is unable to match the athlete's highest mark when measured against the physical trading card sale.

[{"selector":"#anim-bcb18ce4-a320-485a-80db-8c7cfbff2f44 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.743163753088696%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Back in September 2022 a rookie card with Giannis’ autograph and a piece of game-won jersey designed into the same card was sold over $1.8 million which made the record of most expensive selling of basketball trading card.

[{"selector":"#anim-30789c3c-8ae4-44cb-aa3f-1bbc8463cd5c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4429b0a5-106a-477d-be82-8e71f51b1b4e","keyframes":{"transform":["translate3d(0px, 77.56700%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-622d7756-d1a3-489c-9537-f2752871c6eb","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-800f9ec5-3209-47ee-b6bc-2e275be8c316 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-14.340677767136732%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The Sorare NBA followed several months of dropping sales and pricing for the larger NFT market, making the Sorare NBA platform most remarkable for a platform that began in October. For instance, NBA Top Shot had not experienced such high sales in the past 2 years.

[{"selector":"#anim-1c1f565d-c943-43cf-b81d-c63817777467","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-355994c3-537f-4a98-937f-d1ead411b0e3","keyframes":{"transform":["translate3d(0px, 94.44443%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ede94c24-b9ed-43cc-ba70-1e65e9823638","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10bb9279-8d6a-4cc1-825f-8356f7129ef6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-8.910155903156985%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] It is true that sports trading cards have been gathered, exchanged, and sold for many years. The best-ever Mickey Mantle baseball card was auctioned off for $12.6 million in August 2022, and a Stephen Curry card was auctioned off for $5.9 million in July 2022.

Giannis Antetokounmpo’s NFT Sells for Record-Breaking Price

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