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NFL Dabbles With NFT Ticket Collectibles on Polygon

The league is exploring NFT ticketing through the launch of its “Virtual Commemorative Ticket” collection on the Polygon blockchain.

Updated May 11, 2023, 7:05 p.m. Published Nov 18, 2021, 7:01 p.m.
NFL logo (Nic Antaya/Getty Images)
NFL logo (Nic Antaya/Getty Images)

The NFL is experimenting with non-fungible tokens (NFTs).

The league said it’s pairing tickets purchased at select games with “Virtual Commemorative Tickets” sent as NFTs to eligible Ticketmaster walletshttps://help.ticketmaster.com/s/article/What-is-a-Digital-Wallet?language=en_US, according to a press release.

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The league also released its first batch of commemorative NFTs through Ticketmaster and Polygon on Thursday, which include 125 different collectibles for each of the league’s 32 teams.

A source with the league told CoinDesk that the NFL is “experimenting and trying different things to gauge consumer reaction.”

The NFL partnered with Dapper Labs in September with plans to create its own NFT collectible marketplace on the Flow blockchain, similar to the company’s NBA Top Shot product. The marketplace is expected to be released during the current NFL regular season, which wraps on Jan. 9.

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Tensions over El Salvador's bitcoin holdings ease as IMF praises economic progress

The National Palace in San Salvador, El Salvador.

The Central American country’s economy is projected to grow 4% this year, the IMF said.

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  • The IMF praised El Salvador's stronger-than-expected economic growth and progress in bitcoin-related discussions.
  • El Salvador's real GDP growth is projected to reach around 4%, with a positive outlook for 2026.
  • Despite previous IMF recommendations, El Salvador continues to increase its bitcoin holdings, adding over 1,000 BTC during November's market downturn.