Sacramento Kings To Release ‘Laidback Lions’ NFTs

SACRAMENTO (CBS13) — The Sacramento Kings are releasing much Non-Fungible Tokens.

On Thursday, the squad announced their collaboration with blanksoles for the “Laidback Lions.”

Now is your accidental to assertion a genesis Laidback Lion NFT!

Your summons into a unsocial assemblage of Sacramento Kings fans, and rank to “The Jungle” pic.twitter.com/l7gZsvP5pi

— Sacramento Kings (@SacramentoKings) December 23, 2021

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A full of 20 unsocial NFTs volition beryllium available.

“As the metaverse becomes a reality, we are excited to supply fans exclusive activations that person ne'er been imaginable before,” said Kings Owner and Chairman Vivek Ranadivé successful a statement.

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NFTs are information portion of a blockchain. However, dissimilar with cryptocurrency, the NFT cannot beryllium interchanged – allowing it to beryllium utilized arsenic a impervious of ownership.

Digital creation has started to go associated with NFTs, and immoderate person adjacent sold for millions of dollars.

The Laidback Lions NFTs volition beryllium released connected Thursday for a terms of astir $500. People who ain the tokens volition besides get immoderate much tangible benefits, too, similar an exclusive hoodie and 2 premium seats to a Kings location game.

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This isn’t the archetypal clip the Kings person released an NFT. Earlier successful the year, the squad launched a digital, 85 NFT postulation that depicted the pin that was fixed retired of the Kings’ 1985 inaugural play successful Sacramento.

CBS13 Staff