Chicago Bulls Basketball Club Launches Limited NFT Collection

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Chicago Bulls will release on the courtCoinbase NFT is a limited collection of non-fungible tokens called The Aurochs. A portion of the proceeds from the sale of NFTs will be donated to charity.

The Chicago Bulls announced the creationa limited-edition collection of NFTs from the professional sports team of the same name, which will be launched on the Coinbase NFT marketplace. The Aurochs collection will consist of 23 NFTs designed by the world's leading digital artists.

"To reimagine the iconic logoChicago Bulls, which has remained unchanged since 1966, we have formed a collaboration of 23 of Web3's most creative artists to create an NFT collection,” the basketball club said in a statement.

One of the most experienced artists working on The Aurochs project is former Google creative director Julian Gilliam, better known as LOGIK.

A portion of the proceeds from the sale of NFTs will go to benefitAfter School Matters, a Chicago-based nonprofit that provides high school students with free after-school and summer programs in the arts, communications, leadership, sports and STEM. The organization was chosen by voting among the artists participating in the project.

The beginning of September marked a record year for the number of NFTs issued on the Solana network. In one day, 312,000 collectible tokens were issued, which is five times more than the average number of previously created NFTs.