The Golden State Warriors have become the first professional sports team to launch an NFT collection.

The officially licensed digital collection called Golden State Warriors Legacy NFT Collection commemorates the team’s six NBA championships and includes digital collectibles of their most iconic games in franchise history.

A portion of all proceeds from the auction, which is currently live, will go to Warriors Community Foundation. The auction ends on Sunday, May 2, at 8 p.m. PDT.

The auction is happening on OpenSea and accepts only the cryptocurrency ETH as payment.

The collection consists of two special series minted on the blockchain, the Warriors Championship Ring NFTs and the Commemorative Ticket Stub NFTs designed by artist Black Madre.

Its Championship Ring NFTs collection features six of them, with those from 1947, 1956, and 1975 having 25 editions each while the latest ones from 2015, 2017, and 2018 have 50 editions each, along with a 1-of-1 Warriors Six-Time NBA Champion Ring.

“The digital collectibles excitement is palpable,” said Warriors Chief Revenue Officer Brandon Schneider. “We see NFTs and digitization of our business as a mainstay to engage our fans around the world.”

Meanwhile, its Ticket Stub NFTs are limited to 10 editions, each with a special edition combining 75 years of historical moments into a 1-of-1 ticket stub NFT.

While the mainstream world is enjoying the NFT mania, in the crypto world as well, the leading crypto exchange Binance will launch its very own NFT marketplace.

To be launched in June, Binance NFT will involve a “Premium Event” that will have the most sought-after collaborations and a “Trading Market” to allow everyday users to easily create NFTs at a minimal cost. Helen Hai, Head of Binance NFT said,

“Our aim is to provide the largest NFT trading platform in the world with the best minting, buying, and exchanging experience by leveraging the fastest and cheapest solutions powered by Binance blockchain infrastructure and community.”

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