A moment representing Andy Murray winning the Wimbledon in 2013 has been created into a non-fungible token (NFT). The NFT was bought for $177,777 at an auction on WENEW, a platform that sells videos of moments across cultures and history as NFTs.
What are NFTs?
Non-fungible tokens or NFTs are mostly digital assets that are unique and irreplaceable. For example, bitcoin is a fungible token. That means you can trade it for another bitcoin since they both are the same – Bitcoins! However, NFTs are one-of-a-kind can not replace another. They are like trading cards you had as a kid. Each one is different.
A historic Wimbledon NFT
Last month, Andy Murray announced that a series of NFTs or blockchain-based collectibles from his Wimbledon victory would soon be up for sale on WENEW. However, the buyer will not own the copyright of the moment. The buyer of this NFT will get a small digital screen to display the video. The lucky buyer will get souvenirs and a chance to play tennis with Andy Murray himself. Additionally, they will also get two center court tickets for the men’s Wimbledon finals. Pranksy, an NFT enthusiast came forward as the buyer of this NFT.
Andy Murray and NFTs
The Scottish tennis star stated that he first found out about NFTs when Beeple, an American digital artist sold an artwork as an NFT for $69 million at Christie’s. Beeple is also one of the founders of WENEW. “I’m still learning about NFTs but it feels like an exciting area and one I’m sure more athletes and content creators will be getting involved in,” said Murray.
He added that he does not own any NFTs, crypto assets, or cryptocurrencies but, he is learning about them. However, the tennis star also expressed interest in buying an NFT moment sometime in the future.