NBA Star Lebron James Files Trademark For NFT Collection

Lebron James is ready to hitch a rising checklist of celebrities leaping on the NFT bandwagon. The L.A. Lakers ahead was seen submitting 4 trademark purposes for NTFs and digital collectibles.

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

The 37-year previous basketball star isn’t any stranger to the crypto world. Earlier this 12 months, he appeared in a Superbowl spot for , seen interacting together with his youthful self.

Lebron James

Digital collectibles that includes James are additionally already out there 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 offered for $400,000, Yahoo Sports reported.

Rising variety of celebrities enterprise into NFTs

James’ foray into NFTs will see him be part of a rising checklist of celebrities and artists within the house. 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 identify with over 18,000 followers.

Rapper Snoop Dogg had released an NFT collection final 12 months that includes reminiscences from his early years. Socialite Paris Hilton launched a Barbie-themed collection that offered 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 group, not too long ago rumored to have purchased a Bored Ape NFT for 600 ETH.

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

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

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