An anonymous buyer bought a signed Tom Brady football ticket for LTC for approximately $ 1.68 million at an auction presented by Goldin Auctions. The company announced that this is the most expensive item to be paid for in cryptocurrency since accepting such payments.
LTC in exchange for a football ticket
Cryptocurrencies have become intertwined with American football as gold auctions uncovered a massive buy at their auction with one of the most popular digital assets. Seven-time Super Bowl champion Tom Brady’s signed card was sold to an unknown buyer for $ 1.68 million paid in Litecoin and trading at $ 260 at the time of writing.
According to Goldin Auctions, the company has never sold a more expensive item since allowing crypto payments a month ago. Ken Goldin, founder of Goldin Auctions, commented after the deal:
“The hobby is experiencing an incredible growth that I have never seen in my 40+ years in the industry.”
Goldin outlined the connection between crypto and buying football tickets, explaining that it is one of the most expensive hard assets that can be spent in exchange for digital currency:
“Trading cards and crypto are two of the fastest growing alternative asset classes today, and we know there is a lot of overlap between communities.”
According to Tyler Winklevoss, CEO of the Gemini crypto exchange, Tom Brady’s card is considered the “holy grail” of the collector industry. In fact, a similar card from the football legend from the 2000 playoffs still holds the record price as it sold for $ 2.25 million at Lelands Auctions.
Someone just bought the 2000 Tom Brady playoff Contenders # 144 card for $ 1.68 million @litecoin. Known as the “Holy Grail” of the collectors’ industry, this card was purchased on @ GoldinAuctions through a partnership with @Twins. Further! 👍🚀 pic.twitter.com/fDTsxzwZpU
– Tyler Winklevoss (@tyler) April 28, 2021
Brady and other celebrities got on NFTs
Tom Brady and many other popular people have been diving into the crypto industry lately, and the NFT trend in particular.
The 43-year-old American football legend recently revealed his plans to dive into the craze for non-fungible tokens. How CryptoPotato Tom Brady reportedly announced his intention to launch his own NFT platform called Autograph.
Another popular name jumping into the world of non-fungible tokens is hip-hop titan Eminem. According to the rumors, the 15-time Grammy winner has officially dropped his own collection. The so-called Shady Con appeared on Sunday with a “variety of Eminem-approved collectibles”.
Featured image courtesy Men’s Heath
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