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'Space Jam' NFTs Launched by Warner Bros. and Nifty's
The collection features LeBron James and eight Looney Tunes characters from the film sequel ahead of its theatrical release on July 16.
A series of non-fungible tokens (NFTs) marking the release of "Space Jam: A New Legacy" are to be launched on new social platform Niftys.com in partnership with Warner Bros.
STORY CONTINUES BELOW
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The collection features LeBron James and eight Looney Tunes characters from the "Space Jam" sequel ahead of its theatrical release on July 16.
Niftys.com has been launched by Nifty's Inc. with the aim of bringing digital collectibles to a wider audience. It has backing of $10 million in seed funding. Coinbase Ventures, Topps and NBA Top Shot developer Dapper Labs are among the investors.
Read more: Orioles Slugger and Cancer Survivor Trey Mancini to Release NFTs During MLB Home Run Derby
Along with the recent introduction of Major League Baseball's NFT platform, the Nifty's "Space Jam" collection demonstrates the attempt to capitalize on the recent boom in making NFTs more accessible to mainstream audiences.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
