WWE is all set to release its first-ever non-fungible-tokens.

The American professional wrestling company WWE is releasing its first-ever non-fungible-tokens, showcasing iconic moments of legendary Mark William Calaway, better known by his ring name The Undertaker. The New York Stock Exchange-listed company WWE said the NFTs would be dropped on crypto wallet provider Bitski’s website on April 10 at 10:30 a.m. ET and can be purchased through April 11 at 11:30 p.m. ET. The Undertaker NFTs will be offered in four tiers — Platinum, Gold, Silver, and Bronze, WWE announced

 

The Platinum tier NFT has an opening bid of $10,000.

The Platinum tier pf NFT has an opening bid of $10,000, and the winner would get The Undertaker NFT, along with two front-row tickets for WrestleMania 38 in 2022 and WrestleMania 39 in 2023. The winner would get VIP access, hotel accommodations, a personalized video message from The Undertaker, an original Paul Bearer urn out of the WWE Vault, used by Paul Bearer and The Undertaker, to be signed by The Undertaker, as well as a personalized WWE Championship Title Belt with the winner’s name engraved on the side plates.

 

NFTs gain mainstream exposure this year.

The Gold tier has an opening bid of $5,000, and the winner would get the NFT, two front-row-seat tickets at a Monday Night Raw or Friday Night SmackDown of their choice in 2021 or 2022, a personalized video message, and a signed Title Belt. The Silver and Bronze tiers have fixed prices of $1,000 and $100, respectively, with limited offerings. WWE has partnered with Bitski for the initiative, meaning participants will need to have a Bitski account, and winners will get NFTs in their wallets. Several other major companies have turned to NFTs in recent times despite getting some flak from the crypto cynics

 4/9/2021

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