Earlier this year golfer Bryson DeChambeau jumped into the NFT space with his limited-edition trading cards. The launch wasn’t as initially successful as he had hoped but understandable regarding how early we are in the evolution of this space. But as his popularity grows so will the value of those NFTs.
The Tour Junkies, a leading golf podcast with more than 3 million downloads, also launched NFTs. The podcasters have developed their NFTs in partnership with the Props Network, a gambling media company. The audience for The Tour Junkies podcast is aimed at those interested in golf betting.
The NFT Golf Tour tournaments are played out in the metaverse with players looking to win points and increase their power ranking. Each tournament is mirrored against a weekly golf tour event where based on your power ranking you enter the tournament in a tier and get paired with a player. The higher your power ranking the better chance you have of being paired with a high-ranking golfer and your chances of winning increase. These larger field events provide a chance for bigger winnings, in a full field event up to 32x your entry fee. You can also play in skills games where you can use your knowledge of a specific player’s performance to win head-to-head matches and build power ranking points.
The membership and access to the tour are all via NFTs using the Polygon/Ethereum networks to transact NFT Golf Tour Player Cards, which are needed to compete in any event with entry tokens to events. Utilizing NFTs provides a secure and verifiable paper trail of sorts to validate players. “We decided that the way to differentiate cards will be to look at the unique ways golfers mark their balls, some just simple black dots, red lines, while others use more colorful and intricate markings.” NFT Golf Tour Player Cards are now available on opensea.io.
Last week, prior to the Ryder Cup, Tiger Woods announced the release of his digital collectibles which he also co-designed. The collection will be exclusively available to view on Autograph.io and for sale on DraftKings Marketplace. With the success of the USA Ryder Cup team, I am sure we will be seeing Ryder Cup 2021 NFTs very soon. There is also a trend amongst celebrities to showcase their NFT collections, this is a trend that will only grow and the NFT Golf Tour are betting that holding an exclusive tour card will be part of those collections.
The NFT space is ready for an explosion. Although still in the early adopter stage, indicators like marketplace acceleration outpacing internet adoption, Metamask blowing past 10 million active wallets, opensea.io hitting $3B in sales volume in August, and industry-wide NFT engagement make the timing for the NFT Golf Tour perfect.
Welcome to the NFT Golf Tour where players compete in tournaments using their NFT Tour Player cards. The Gamification of Gaming.