Which NFL players have stated that they invest in NFTs?
More professional athletes are buying NFTs and NFL players are following suit. We take a look at who those players are and what the craze is all about.
With the advent of crypto currency and the subsequent focus on NFTs, there is a growing number of NFL players who are embracing the trend.
NFL players are "Apeing In"
When it comes to new digital trends, perhaps there are none more fascinating than that of NFTs. The unique digital 'art pieces' are one of the latest investments to be sought after by professional athletes. The players of the NFL - past and present - are no exception. Indeed, several players have "aped into" the investment. The term refers to the purchasing of NFTs created by the increasingly popular Bored Ape Yacht Club. Interestingly, there have even been some players who have gone a step further like former Dallas Cowboys WR and free agent, Dez Bryant. Bryant created an athlete NFT initiative called Personal Corner. The former NFL star is a notable Bored Ape supporter and has tweeted about collections as well.
There are also a collection of Denver Broncos players, past and present who have endorsed the Bored Ape craze. Linebacker Von Miller announced his own purchase of his NFT in early August. News of his move came after similar announcements from placekicker Brandon McManus and retired Broncos players Tyler Polumbus and Brandon Stokley. Polumbus himself being an outspoken fan of NFTs. In addition there is also yet another aspect of the NFT situation which is athletes working alongside collectives to create NFTs of themselves. Most recently a company by the name of xSigma, announced that it was working with three NFL players to create NFT collections featuring each one. The players in question? Janoris Jenkins (Tennessee Titans), Devon Kennard (Arizona Cardinals) and Denzel Perryman (Las Vegas Raiders).
What's the Bored Ape Yacht Club?
Promoted as a membership club, the Bored Ape Yacht Club has not only put itself at the forefront of the NFT movement, but it's made a large amount of money doing so, in a relatively short space of time. Some $397 million in trading volume since they opened their doors in April of 2021. While that may surprise you, consider this: The cheapest NFT for purchase on the popular NFT marketplace OpenSea, will set you back around $2,500. Steph Curry recently purchased an NFT for $180,000, which is to say the maths becomes easier to understand, when factoring in the growing demand for NFTs.