NFT in the nets – AC Milan, Solana and Bitmex team up

Sarà perched ti amo! – Italian football club Milan AC will launch its first-ever non-fungible token project in collaboration with the BitMEX crypto exchange. Proceeds will go to the Fondazione Milano, the club’s charitable arm. The limited edition collection will include 75,817 NFTs. This is a representative number for the capacity of the club’s stadium, San Siro. NFTs will represent a 3D image of a jersey found in South Sudan by Danish war photographer Jan Grarup. The latter was in the country last December to document the floods.

Humanitarian NFTs for the Rossoneri

The BitMEX exchange has partnered with AC Milan to contribute to the project. The goal ? Offer trade discounts and “other benefits” to the first 10,000 pre-orders. BitMEX will also donate to the Fondazione Milano by buying one ” large number “ of NFTs.

According to the announcement, the club says the proceeds will contribute to the fundraising for charitable causes in the whole world. Among other things, the current crisis in Ukraine and a UNICEF project in South Sudan.

The integration of these NFTs could be the last attempt of the Magic Eden platform to stand out as the first NFT market native of Solana. It is important to emphasize thatOpenSea recently announced that she would integrate Solana. What put the two platforms in direct competition.

Magic Eden is currently the largest marketplace by volume for Solana’s NFTs, according to DappRadar. The platform has confirmed that it will accept popular NFT project tokens on Solana “DeGods DUST” and Aurory’s “AURY” in the coming weeks.

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Magic Eden and Solana’s NFTs

The marketplace first announced the integration of the DUST token at the end of March. On April 1, a drawing of a Magic Eden-themed bar with the caption “$AURY” was also tweeted. “DeGods” is the most traded collection in 30 days on Magic Eden. According to their own statistics the collection has a trading volume of 307,121 Solana (SOL) on the platform. This is equivalent to $33.8 million at the time of writing. “Aurory” is in third place in sales volume with a historical volume of 79.5 million dollars.

According to reports, Tiffany Huang, head of content and marketing at Magic Eden, said the platform is looking to integrate tokens from other NFT collections “blue chip” on Solana. However, Ethereum is still the number one network when it comes to NFTs.

Solana (SOL) is attracting more and more NFT collections to its blockchain. AC Milan intends to make the most of it.

Solana’s NFTs are experiencing a significant volume gain. In the last 24 hours, the volume of NFT sales on the Solana blockchain had reaches over $9.2 million. We are talking about an increase of 51.5% here, according to figures from the analysis company CryptoSlam.

This comes after a dip was seen in NFT trading volume on Solana following the announcement of March 30 that OpenSea would integrate the blockchain. On April 6, the day before the integration launch, trading volume decreased by 34.4%.

NFTs are booming in sports. Autograph, the NFT platform co-founded by Tom Brady, has signed a multi-year partnership with ESPN. The NFT collection, titled “Man in the Arena: Tom Brady,” details the career of the NFL legend. As well, Socios has decided to team up with UEFA to enable them to launch their collection of NFTs.

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NFT in the nets – AC Milan, Solana and Bitmex team up


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