NFTs

Australian Open ventures into the metaverse with dynamic NFT collection

The Australian Open has launched its first NFT with a collection that combines art and “real-time court data” to provide tennis fans with new avenues of engagement throughout the grand-slam tournament.

The concept of the collection is simple – a user can mint one of 6,776 ‘one-of-a-kind’ NFTs in the form of a tennis ball, which feature an array of styles including generative art, artist collaborations and “iconic Australian Open IP”.

Every AO (Australian Open) NFT is then randomly assigned a section of the court, which has been fairly divided into 6,776 sections using Chainlink VRF.

Then, using real match data integration and trait updates through dynamic metadata, every match point of every game throughout the tournament will update the NFT metadata and reveal rewards to the owner – which include limited-edition wearables usable within Decentraland and exclusive AO merchandise.

An example image of an AO NFT

Launching publically on January 13 at 10am AEDT, with a mint price of 0.067 ETH ($215), the NFTs bring together “art, technology, sport and data in a way that will set a new standard in global tennis engagement” according to AO.

The collection is also focused on building out better global communities for tennis fans, with its early ambitions including building a “passionate, thriving and forward-looking community” of tennis fans “with a shared passion for art, culture, charity and tennis”.

An AO NFT also grants exclusive access to the Australian Open plot inside the metaverse – a virtual replica of the Melbourne Park precinct, including the infamous Rod Laver arena, within AO Decentraland.

Fans will have global access to 24-hour live streams, historic match content, virtual tennis games and access to collectables, POAP NFTs and Limited edition wearables within Decentraland.

The Rod Laver Arena and the Melbourne Park precinct have been replicated within Decentraland’s virtual environment

The collection also focuses heavily on sustainability and charitable causes. As part of its “continued commitment to community and charity”, 50% of the funds raised from the collection will be directed to offsetting carbon emissions and donating to charitable causes like the ‘Tennis Hot Shots program’ via the Australian Tennis Foundation (ATF) charity.

Looking forward, AO noted that the 2022 collection is a ‘genesis’ NFT, which means holders and early supporters will be rewarded with access to future AO tournaments, project whitelists and early access to future releases.

Sean Dickens

An avid advocate of DeFi, Sean has been in the industry since 2017, studying the latest trends writing about cryptocurrencies. He studied Journalism and Media at Birkbeck University and now writes for Coin Rivet while being an active member of various communities in the crypto space - particularly NFTs.

Disqus Comments Loading...

Recent Posts

3DOS Launching Decentralized “Uber for 3D Printing” on Sui

Grand Cayman, Cayman Islands, 12th September 2024, Chainwire

1 week ago

Flipster Announces Collaboration with Tether

Warsaw, Poland, 20th August 2024, Chainwire

1 month ago

PEXX Announces Strategic Acquisition of Chain Debrief

Singapore, Singapore, 20th August 2024, Chainwire

1 month ago

Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

Grand Cayman, Cayman Islands, 26th July 2024, Chainwire

2 months ago

Ethereum could soon surpass the 3K price point

As usual, the crypto market is keeping everyone guessing what could happen next. After an…

2 months ago