NFT: Usain Bolt debuts as sales witness a record week

By Raffaele Redi

Sales reached a peak of 186,000 in numbers, one of the highest in the NFT history

Usain Bolt making his lightning pose                                 
Usain Bolt of Jamaica at the Rio 2016 Summer Olympic Games – Photo: Shutterstock

Usain Bolt debuts on the metaverse sealed a historic week for the non-fungible-tokens (NFTs) market as sales reached a 186,000 peak in numbers, one of the highest in the NFT history, with the NFTs trading volume following the same pattern after a $450m peak witnessed on the same day.

NFT Market places surpassed a trading volume of more than $11bn, with OpenSea topping with less than 7.5bn of NFTs traded on its platform. Meanwhile, Dolce & Gabbana announced on twitter that its Collezione Genesi NFT collection was sold for 1,885.719 ETH  or $5.65m.

However, Sports NFTs sales remained stable at around 90 purchases processed per day with an average of $33,000 in total daily purchases.

Usain Bolt debut

Meanwhile, NFT platform Autograph announced it will drop Usain Bolt NFTs on 5 October followed by Signature editions, with authentic digital signatures from the Olympian sprinter, set to drop on 7 October.

The sprinter is joining a roster of iconic sports heroes who are already part of the Autograph Advisory Board, including Simone Biles, Naomi Osaka, Derek Jeter, Tony Hawk, Wayne Gretzky and Tiger Woods.

“Now that I've retired from running professionally, I’ve decided to take my hunger for competition to the next level in a growing space and get involved with NFTs and Autograph,” said Usain Bolt.

“We’re honoured to partner with Olympic legend, Usain Bolt, and drop his first-ever NFT collection,” said CEO & co-founder of Autograph, Dillon Rosenblatt.

As the company announced, while the supply of inaugural Usain Bolt NFTs will be limited, fans will have opportunities to acquire certified authentic content of other prominent athletes and collections yet to be released. Following the Usain Bolt NFT drops and just in time for Halloween, a Lionsgate franchise will be dropping a new series of collectables on and DraftKings Marketplace.

Further reading: Lindsay Lohan’s Canine Cartel NFT on OpenSea

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