Patrick Mahomes Moves To Cash In On NFT Boom With ‘Museum Of Mahomes’ Digital Collectibles

Kansas City Chiefs superstar quarterback Patrick Mahomes will sell collectible non-fungible tokens in a set dubbed the “Museum of Mahomes” on the platform MakersPlace next Wednesday, with starting prices ranging from $2,500 to $15,000.

Patrick Mahomes of the Kansas City Chiefs warms up before Super Bowl LV against the Tampa Bay … [+]

Mahomes, 25, told CNBC on Friday that, given the recent skyrocketing value of digital collectibles, getting into NFTs as “quickly as possible” was a “no brainer.”

Three digital pieces of art that commemorate meaningful moments in Mahomes’ career will be sold in an online auction that begins at 6:30 p.m. Wednesday.

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A portion of the proceeds will be donated to Boys & Girls Clubs in Missouri and go toward the completion of the “15 and the Mahomies Foundation” playground at MLK Park in Kansas City.

NFT prices soared to new heights this week. On Wednesday, CryptoPunk #7804, a computer-generated avatar of a teal-colored, pipe-smoking alien wearing a hat and sunglasses, sold for 4,200 ethereum (equivalent to approximately $7.5 million at the time). According to CryptoSlam, an NFT data aggregation site, 399 CryptoPunks have been sold in the past seven days for $37.5 million. Over that same seven-day stretch, NBA Top Shot, a blockchain-based platform on which users buy and sell collectible highlights known as “Moments,” has generated $51.9 million in sales. On Thursday, a digital collage by the artist Beeple sold for a jaw-dropping $69.3 million at a Christie’s auction.

Mahomes isn’t the only NFL star hopping on the NFT bandwagon. Earlier this week, Super Bowl champion Rob Gronkowski announced he partnered with NFT marketplace OpenSea to release five digital trading cards. “I see what’s going on, and it’s just exploding,” Gronkowski told CNBC on Monday. “I wanted my fans that are living in the digital world to be able to get a piece of this action.” Like CryptoPunks, Gronkowski’s NFTs will be available on the ethereum blockchain.

Pipe-Smoking Alien CryptoPunk NFT Sells For $7.5 Million (Forbes)

Patrick Mahomes is jumping into the NFT business with digital art auction (CNBC)

Rob Gronkowski will sell NFTs of his best Super Bowl moments (CNBC)

I’m a New York-based news desk reporter for Forbes covering sports, politics and business. Please feel free to contact me via email (tsbeer7 [@] gmail.com) or Twitter

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