Australian Open Partners With Decentraland and Launches NFTs

by in Blockchain News

MANA Australian Open

Major tennis championship Australian Open collaborates with the open-source VR environment Decentraland to launch NFTs and join the metaverse.

Related: GameStop Will Launch an NFT division, Sources Say

AO is launching a collection of 6776 NFTs. There will be 6776 court sections with one section assigned to one asset. Also, AO will hold a virtual event for the matches on the Decentraland’s space.

The digital assets are in the form of art balls. The owners of the assets will enable fans to take part in the virtual event linked to live march data.

Owners will get an airdrop with tape of the point, virtual clothing, with more coming in the future.

If there's a winning point in a championship match, the owner of the NFT will receive the physical ball in an engraved case. On Jan. 3, court locations of NFTs will be decided after the collection's minting. Each piece will be sold for 0.067 Eth.

The role of metaverse and NFTs is getting bigger resulting in the growing popularity of blockchain-based virtual platforms such as Decentraland. The platform’s native token MANA is the largest gaming token with a market cap of over $872.5 million, according to data from CoinMarketCap. Among all the cryptocurrencies, MANA is the 31st.

Trending: MetaMask announces integration with Apple Pay

Currently, the token trades at around $2.93.