NBA Star Lebron James Files Trademark For NFT Collection


Lebron James is about to affix a rising record of celebrities leaping on the NFT bandwagon. The L.A. Lakers ahead was seen submitting 4 trademark functions for NTFs and digital collectibles.

The submitting was identified on Twitter by trademark lawyer @KondoudisLaw. It was not instantly clear when, and on what platform the gathering will probably be launched. CoinGape was unable to right away attain James for a remark.

The 37-year outdated basketball star isn’t any stranger to the crypto world. Earlier this yr, he appeared in a Superbowl spot for crypto.com , seen interacting along with his youthful self.

Lebron James

Digital collectibles that includes James are additionally already accessible on the NBA’s formally licensed “Top Shots” market, which is operated by Dapper Labs.  Final April, a high shot that includes a slam dunk by James bought for $400,000, Yahoo Sports reported.

Rising variety of celebrities enterprise into NFTs

James’ foray into NFTs will see him be a part of a rising record of celebrities and artists within the area. On Tuesday, music producer SIA revealed she was an lively participant on NFT market OpenSea, underneath the pseudonym Bianca_de_Medici. The artist additionally has a twitter handle underneath the title with over 18,000 followers.

Rapper Snoop Dogg had released an NFT collection final yr that includes reminiscences from his early years. Socialite Paris Hilton launched a Barbie-themed collection that bought for $1.1 million, whereas rapper Eminem raised $1.8 million by way of a giveaway. Tesla proprietor Elon Musk has additionally been an lively participant within the NFT neighborhood, just lately rumored to have purchased a Bored Ape NFT for 600 ETH.

The rising celeb involvement highlights a growth in NFTs since 2020. The worth of the NFT market surged to $24.9 billion in 2021, from $95 million in 2020, in keeping with information from Dapp Radar.

Whereas their momentum seems to have slowed down in 2022, NFTs seem to have change into a mainstay within the crypto neighborhood. The rising reputation of the Metaverse has additionally boosted the idea of digital possession espoused by NFTs.

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The introduced content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.

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