September 25, 2022

Chicago Bulls Basketball Club Launches Limited NFT Collection

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Chicago Bulls Basketball Club Launches Limited NFT Collection

The Chicago Bulls will release a limited collection of non-fungible tokens called The Aurochs on the Coinbase NFT platform. Part of the proceeds from the sale of NFTs will go to charity.

The Chicago Bulls announced the creationlimited edition NFT collection 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 Chicago logoBulls, which has not changed since 1966, we have formed a collaboration of 23 of the most creative Web3 artists to create the NFT collection,” the basketball club said in a statement.

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

Part of the proceeds from the sale of NFTs will benefitAfter School Matters, a Chicago-based non-profit organization that provides free after-school and summer programs for high school students in the arts, communications, leadership, sports, and STEM. The organization was chosen by a vote of artists participating in the project.

The beginning of September set a record 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.