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Plans to expand in 2023
Golden State Warriors and NFTs
By Darius McQuaid
14:22, 7 September 2022
Nick Swinmurn, co-owner of the National Basketball Association (NBA) team Golden State Warriors is part of the team behind the sports non-fungible token (NFT) game Play Hellebore.
Play Hellebore is the first NFT-powered play-to-earn (P2E) sports prediction game.
To play the game, users must purchase a “Siber” NFT for 0.03 Ethereum (ETH, currently worth $45 (£39), which gives them access to the site.
They can then create leagues and play matches with other teams to win NFTs, merchandise and fan engagement experiences. Play Hellebore leagues start on 8 September 2022.
Swinmurn, who is also the owner of the online retailer Zappos, told CoinDesk “Play Hellebore isn’t meant to replace traditional fantasy sports. We expect crypto natives [to be] early adopters that know the value of digital ownership, but we are also passionate about helping to educate and onboard newcomers.”
Play Hellebore plans to add hockey, basketball, golf, tennis and racing to its platform by the end of 2023.
At present, baseball and American football are the only two sports featured on the sports prediction game.
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In April 2022, the Golden State Warriors announced they were celebrating their 2022 NBA Playoff run by announcing their second ever NFT drop.
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The Golden State Warriors 2022 Playoff NFT collection adapted as the team’s Playoff run extended and offered new “utilities and benefits for NFT owners”.
Depending on the rarity of each NFT fans were given the chance to unlock prizes such as tickets for basketball games, autographed items and exclusive merchandise.
The Golden State Warriors 2022 Playoff NFT collection consists of 3,000 NFTs. The NFTs will grant fans “access to member-only benefits, exclusive Warriors’ swag and white-list access to future NFT drops.”
A part of the proceeds from the NFT collection went to the Warriors Community Foundation, which has granted more than $25m (£21m) in donations to the San Francisco Bay Area’s educational equity since 2012.
The Golden State Warriors are based in San Francisco.
The 2022 NBA playoffs is the postseason tournament of the NBA’s 2021–22 season, which the Golden State Warriors won.
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