• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: BREAKING: Three Arrows Capital Co-Founder Receives 4-Month Jail Sentence In Singapore
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Three Arrows Capital Co-Founder Receives 4-Month Jail Sentence In Singapore

The Olympics Want In On NFTs

Taylor Scott by Taylor Scott
2 years ago
in Blockchain, NFT
0

The International Olympic Committee (IOC) has partnered with nWay to create the first ever official NFT Olympic Pins, according to an announcement today. Initial launch will come later this month, with an Olympic Heritage Collection to lead the way.

Olympic Pins & nWayPlay

The pins will initially distributed and sold on nWayPlay starting June 17th. The Heritage Collection will look to “celebrate the art and design of the past Olympic Games” and reflect on past posters, emblems, mascots, and more throughout the Olympic’s 125-year history.

nWayPlay will host the pins on their marketplace, allowing consumers to collect the NFTs by purchasing packs or individual pins, or by earning them for free through an Olympic-themed video game. Pack pricing is anticipated to fall between $9-$499 USD per pack. The game is anticipated to launch in advance of the 2022 Winter Games in Beijing.

Managing Director of IOC Television and Marketing Services Timo Lumme said in the release that “Olympic pins started as a way to identify athletes, judges and officials, but over the past 125 years it has become an Olympic Games tradition, where everyone from athletes to event staff, journalists and spectators all take part to collect and trade pins in the Olympic Village and beyond”, adding that the upcoming pin release “is a natural evolution of this tradition” that will allow fans to “connect with the excitement of the Games in a whole new way”.

Related Reading | NFTs In A Nutshell: A Weekly Review

An Olympic-Sized Partner for nWay

nWay is a multi-faceted publisher, developer, and tech platform that has worked with major IP. The firm recently completed game development around classic entertainment and video game IP titles, such as Star Wars, FIFA, Power Rangers, and more. Additionally, their team is composed of executives and developers from Sony, EA, and other major gaming and entertainment firms. nWay has worked on over a dozen mobile, console, and online games, but the Olympic pins, however, will be one of the largest consumer-facing NFT projects for the company.

Nonetheless, the IOC will arguably be the firm’s biggest partner to date, in terms of visibility and exposure. nWay CEO Taehoon Kim said in a statement that “for these NFT collectibles, history, having meaning – they (will) do very well from a collector’s perspective”.

Ethereum has been a major focal point for NFTs, but it remains to be seen if nWay will utilize the chain for their NFTs specifically.| Source: ETH-USD on TradingView.com

NFTs & Athletics

Sport’s NFTs have been quickly evolving beyond the most mainstream projects such as NBA Top Shot and the MLB’s partnership with traditional trading card manufacturer Topps. Individual teams and athletes, like the NBA’s Golden State Warriors and LaMelo Ball, have been testing the waters with NFTs. The MLB also recently partnered with new start-up Candy Digital in expanding their NFT offering.

Related Reading | Fintech Firm Mercuryo Locks In Esports Partnership 

Featured image from Pixabay, Charts from TradingView.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Taylor Scott

Taylor Scott

Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

Related Posts

blockchain

Philippine Blockchain Week Addresses Miss Universe Coin Fraud Allegations

5 days ago
Google NFT games

Google To Update Crypto Advertising Policy, These NFT Games Are Big Winners

3 weeks ago
NFTs

US SEC Goes After NFTs In A First Of Its Kind Enforcement Action

1 month ago
NFTs

NFTs In Legal Crossroads: SEC Lawsuit Questions Securities Status

1 month ago
Donald Trump

Donald Trump NFTs See Spike In Trading Activity Following An ‘Eventful’ Week

1 month ago
NFT BAYC Punks MAYC OpenSea Binance

CryptoPunks, Otherdeed, Meebits Are The Real NFT Diamond Holders in 2023

1 month ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • 6 Best Cryptos To Buy For Huge Growth in 2023

    17 hours ago
  • Best 7 Cryptos For Beginners To Buy

    19 hours ago
  • From Setbacks to Success: Uwerx’s Recovery/Relaunch...

    21 hours ago
  • Prepare for the Next Bull Market: The 5 Best Cryptos to Buy...

    1 day ago
  • Meta Force and Lado Okhotnikov Presented the Results of...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.