Topps Launching its Flagship Baseball Card Collection in NFTs in Partnership with MLB
After seeing the rapid success of NBA TopShots NFTs, it's no wonder that the MLB wants a piece of the action.
Major League Basketball has joined the NFT scene in partnership with Topps.
MLB isn’t new to crypto; back in 2018, they launched MLB Crypto Baseball in partnership with LucidSight on Ethereum blockchain. They may not have caught up at the time, but given that NFTs gained immense popularity this year, they now have a high chance.
Topps announced the release of its 2021 flagship baseball card collection as NFTs on Monday, for the first time. This is done in collaboration with MLB and MLB Players Inc., the MLB Players Association's for-profit commercial arm.
To be launched on April 20 at 1 PM ET, the collection to be released includes iconic throwback card templates, anniversary sets, and a limited edition Platinum Anniversary Signature card.
The Topps MLB NFT will go live on the WAX blockchain (Worldwide Asset Exchange), which Topps also used for its Garbage Pail Kids NFTs last month.
Tobin Lent VP & General Manager of Topps Digital Sports & Entertainment
“Our MLB blockchain NFT series debut marks a historic moment in the modern evolution of collecting for both traditional and new collectors. We’re excited to bring almost a decade’s worth of digital collectibles innovations to 2021 Topps Series 1 and provide another fun avenue for fans to collect their favorite heroes and moments with secure digital ownership on the blockchain.”
Last week, the 83-year old company also announced that it is soon going public through SPAC with a valuation of $1.3 billion.