The Toronto Raptors are a Canadian professional basketball team based in Toronto. The Raptors compete in the National Basketball Association as members of the league’s Eastern Conference Atlantic Division. They have become the outstanding Canadian sports team to initiate the NFT collections.
What is an NFT Collection?
A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain. It authorizes a digital asset to be unique and therefore not interchangeable. They can represent items such as audio, photos, videos and other types of digital files.
Digital art was the first use case for NFTs. This is because of the ability of blockchain technology to persuade the unique signature and ownership of NFTs.
NFTs can represent digital collectibles like physical card collections, however in a completely digital format.
They have also recommended tickets as a use case for NFTs. This gives any artist the possibility to get royalties and resales.
NFTs has also initiated many other collections including sports, music, films, memes, games and fashion.
Toronto Raptors Launch NFT Collections
The Toronto Raptors have unveiled six brand new NFTs collections with six unique themes each unparalleled granting access to the franchise.
These unique new NFTs will offer Toronto Raptors fans the opportunity to collect and enjoy digital memorabilia that can be cherished for many seasons ahead while also creating a new fan experience outside of Scotiabank Arena that unlocks coveted in-person experiences and access to the team.
The collection ranges from different levels based on scarcity, from Rare to Legendary. The collections have extreme experiences which include access to the team, exclusive courtside seats, in-game suites and tickets, court time at Scotiabank Arena, access to the Larry O’Brien Trophy, Front Office meet and greets, and more.
The Six NFTS Collections Announced by Toronto Raptors
- The City – “Made for fans who can’t live without Toronto. If you think the North looks best in black and gold, you will want to unlock this Welcome Toronto inspired NFT.”
- The Team – “Made for fans who believe that great teams don’t start and end with the players. Unlock the chance to get the full picture of how the best organization in the NBA grinds it on the daily.”
- The Player – “Made for fans who have always been the unofficial sixth man. It’s time for your NBA call-up, unlock the chance to experience what it is like to be a part of the team.”
- The past- “Made for fans who know you need to remember your past in order to appreciate the present. Unlock the story of how the North became champions – 27 Years of history, and a date with the Larry O’B.”
- The Future – “Made for fans who won’t settle for only one championship. Unlock a playoff experience in the team’s hunt for our next chip.”
- The Game – This is made for the fans who believe that the ball is life. It brings the game to life and unlocks an actual on-court experience.