Are MLB NFTs Worth A Buy?

Baseball is known as America’s Pastime, and collecting baseball cards has been a popular hobby for generations. Understanding this, the MLB has launched a number of NFT series to give fans the chance to own and collect digital items featuring their favorite teams and players.

Should you invest in Major League Baseball NFTs? With a thriving digital marketplace and official support , there’s a lot to to like. Listen in as we break it all down.

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Episode Highlights

Candy Digital: Putting The Pastime on the Blockchain: “Candy Digital, the digital collectibles company backed by Fanatics, Galaxy Digital, and Gary Vaynerchuk, released its NFT platform in October and already boasts 80,000 customers, with customer and sales numbers exceeding internal expectations, Lawin said. At about the same time, Candy raised $100 million from investors as part of a Series A funding round, including SoftBank, Peyton Manning and Insight Partners, valuing the company at $1.5 billion.” (Boardroom)

MLB NFTs on Candy Digital Clock $2.7M in Marketplace Debut: “Candy’s MLB marketplace runs on the Palm blockchain, which the company tapped for its low transaction costs. While Candy’s debut Lou Gehrig NFT collection was released on Ethereum, still boasting a 4.5 ETH (roughly $14,400) floor price on the popular secondary market OpenSea, the platform sees the network’s gas fees as unsustainable to its business model.” (Coindesk)

2022 MLB ICON Leadoff Series – Lineup 6: “Lineup 6 of our 2022 MLB ICON Leadoff Series contains an assortment of 90 MLB Player NFTs, ranging from familiar faces and fan favorites to current stars, ready to be unwrapped for the first time ever on Candy.” (MLB.com)

The MLB NFT Collection

About The Show

NFT Investor Nation is the show for passionate NFT traders, collectors and investors. Listen in as host Scott Hawksworth talks with leading NFT artists and entrepreneurs.

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Scott Hawksworth
Scott Hawksworth

Hailing from Evanston, Illinois, Scott is co-founder of Cryptogic as well as host of the several popular crypto podcasts.