London, UK – The emergence of NFTs (non-fungible tokens) has resulted in a worldwide digital revolution and the evolution of the global investment market. Soon enough, everyday items such as sports or concert tickets will be turned into NFTs, and those at the forefront of these innovations will redefine various industries altogether. However, most NFTs today are digital images with little to no utility, until now. Coast Collectibles has effectively bridged the gap between physical assets like sports memorabilia and digital assets to build incredible wealth.
Coast Collectibles is proud to announce the release of their exclusive Shaquille O’Neal game-worn autographed jersey. Worn while playing at Louisiana State University just before being drafted into the NBA, this iconic jersey has been transformed into an NFT, allowing various investors to become partial owners of sports history. Regarded as one of the greatest players of all time, this unique jersey symbolizes the starting point of his larger-than-life journey to the NBA Hall of Fame.
When one thinks of generational icons in sports, Shaq is often one that comes to mind for many, including other All-Star players like Kobe Bryant and Michael Jordan. Kobe once stated that Shaq would easily have been the best player of all time, undoubtedly, if he had the work ethic to match his natural skill and drive.
“This guy was like a force I had never seen…the most gifted physical specimen I’ve ever seen in this game…what he’s done to this city [Los Angeles] and what he’s meant to this city has been absolutely historic.” – Kobe Bryant
An image of the one-of-a-kind jersey has been divided into 100 pieces to be disbursed as NFTs. Each piece has equal value and shows exactly what portion of the jersey is owned. This concept of turning physical memorabilia assets and turning them into digital tokens has never been done before. As the NFT is made, the physical item is destroyed to achieve complete digitalization, authenticated by Beckett Authentication Services. The jersey was minted at a price of $680 and on day two of its trading, the price has already soared to $3,146.54.
Game-worn jerseys are an asset that keeps on giving. According to PWCC, the industry of sports memorabilia and collectible cards is continuing to outperform other investment categories, as jerseys sell well into the millions. Since 2008, sports memorabilia has yielded a return of 1276% — the S&P 500 has only returned 230% to investors.
Similar to his time in the NBA, Shaq’s business savvy and skill for investing are unparalleled. Now, as his game-worn autographed jersey becomes immortalized as an NFT, investors must ask themselves if this opportunity is something they are willing to pass up or trade. The GOAT Michael Jordan said it best…
“I would have never gotten rid of Shaq [O’Neal]. It’s as simple as that. You’ve got three championships with a big man, and big men are hard to find.” – Michael Jordan
To learn more about Coast Collectibles and the Shaquille O’Neal NFT, please visit https://www.coastcollectibles.com/ or https://opensea.io/collection/shaquille-o-neal
About Coast Collectibles
Coast Collectibles is a purpose-driven marketplace designed to help modern investors leverage the power of NFTs (non-fungible tokens) to build wealth. Coast Collectibles was born out of an innate passion for art, culture, and the belief that every facet of life holds a deeper meaning, even investing. Offering a wide range of culturally diverse art, collectibles, and memorabilia, Coast Collectibles is bridging the gap between passionate investing and accessibility for the average citizen. By entering the world of NFTs, Coast Collectibles empowers others to explore investment opportunities that were previously reserved for the world’s wealthiest. Due to the nature of each NFT, investors claim fractional ownership of some of the world’s most envied assets.
Website: https://www.coastcollectibles.com/
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Twitter: https://twitter.com/CoastCollectib1
For more information or press inquiries, please contact Nicholas Moore at contact@coastcollectibles.com
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Company Name: Coastcollectibles
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Country: United States
Website: https://www.coastcollectibles.com