Why Autograph should make an NFT of Tom Brady’s last Touchdown Pass
If you didn’t already know, big news came from the NFL over the weekend as longtime quarterback, and undisputed GOAT (“greatest of all time”), Tom Brady announced his return to professional football after only 40 days. The move was seen as a surprise to many because he retired as the oldest player in the NFL at the age of 44 while the average career in American football is only three years. However, there is one man who is shocked more than anyone else.
On March 12, 2022, just a day before Brady’s return, the ball thrown on his final touchdown pass was auctioned off to a private collector for $518,628. With any significant play time next season, Tom Brady can easily deflate the value of the ball with a single touchdown pass. In less than a day, the value of the ball risks losing all meaning.
What does this have to do with cryptocurrency?
It turns out that Tom Brady is actually one of the most high-profile athletes in the world that advocates and advertises for the use of bitcoin and NFTs.
He has starred in a number of commercials for FTX and even traded 1 bitcoin plus some NFL merchandise for the return of his 600th Touchdown pass in October 2021.
Athletes that are paid in cryptocurrency:
In fact, the sports world is so ripe with crypto that Tom Brady has even begun his own sports memorabilia company called Autograph. Athletes such as Simone Biles, Tiger Woods, and Wayne Gretzky use blockchains to capture their signatures as non-fungible tokens which are attached to digital goods that highlight their careers.
While the storefront lists items in USD, the platform itself utilizes the Polygon network to handle hosting. This is great news for collectors who will have an easier time trading their favorite sports memorabilia.
Another angle that can be made
The football, with its current risk, now carries valuable notoriety as a sports purchase that immediately lost all meaning. The crypto community, being no stranger to this feeling, has a sense of humor and would undoubtedly purchase an NFT to prove ownership over the ball through Autograph.
The team at Autograph could purchase the ball back from the collector and convert its namesake along with the physical ball into a non-fungible token as the full letter of authenticity.
With so many athletes and sports fans already adopting cryptocurrencies, this type of action could create a long-term value for Autograph and the ball itself; leaving many to wonder, what other sports gaffes could carry such value?