Buy NFL NFTs – How to Buy NFL NFTs 2022
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The NFL brings in an estimated $15+ billion each year, making it the 2nd largest sporting league in the world. When you ponder these statistics and consider just how enamored the US is with Football, it’s no surprise that it’s a cash cow.
Something that generates as much revenue and has a fanbase as loyal as the NFL was bound to be turned into a digital asset in the form of an NFT.
The NFL NFT collection consists of commemorative tickets from past games. Because of this, if you’re able to snag an NFT that commemorates a particularly important match, you can flip it for a fair bit of profit to another fan. If you want to learn how to do this, you’re in the right place!
We’ll be providing the rundown on exactly how to buy an NFL NFT, where to buy NFL NFTs, and some of the best marketplaces to buy them. Enjoy!
Table of Contents
#1 Broker to Buy MATIC – eToro
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How to Buy NFL NFTs? – A Quick-Step Guide for 2022
If you’re reading this article, the chances are that you’re wondering how to buy an NFL NFT.
To make things as easy as possible for our readers, we’ve included both quick-step and full-length guides walking you through the process.
So, regardless of how much time you’ve got spare, you’ll know exactly how to buy an NFL NFT after reading this article.
- Step 1: Open and Verify eToro Account: Before you can buy any NFTs, you’ll first need to set up and verify an account with eToro. This is because you’ll be using eToro to purchase the MATIC required to buy an NFL NFT. Simply head over to eToro.com, click ‘Join Now’, and fill in your details. After that, you’ll need to verify your account using both a photo ID (passport, driving license) and proof of address (bank statement, utility bill).
- Step 2: Deposit Funds: Once you’ve created and verified your eToro account, it’s time to load it with some funds. All you’ve got to do is click on the button marked ‘Deposit Funds’, enter the amount you plan on investing (you should also consider transaction fees), then press ‘Deposit’. The funds will arrive in your account shortly.
- Step 3: Buy MATIC required to buy NFTs on eToro: Following the arrival of your funds, you’ll need to purchase some MATIC. Just type either ‘MATIC’ or ‘Polygon’ into eToro, click ‘Trade’, enter the amount of MATIC you want to purchase, and press ‘Open Trade’. You can view your purchase from your portfolio.
67% of retail investor accounts lose money when trading CFDs with this provider.
- Step 4: Download MetaMask and send MATIC to MetaMask: Now that you’ve got the required MATIC, you’ll need to head over to MetaMask.io, download either the browser extension or mobile app, and follow the onscreen instructions to set up your wallet. After your wallet is set up, make sure it’s set to the Polygon network and withdraw your funds from eToro to MetaMask.
- Step 5: Connect to an NFT marketplace and buy the NFT: As soon as the MATIC lands in your MetaMask, you’re ready for the fun bit! Navigate to OpenSea.io, click on the wallet icon in the top right of your screen, select MetaMask, and confirm the connection. Then, type the name of the NFT you wish to purchase into OpenSea, buy it or leave an offer, send the MATIC to the seller, and the NFT will be sent to you. You can view it from your OpenSea profile.
What is an NFL NFT?
An NFT or non-fungible token is a unique digital asset that can be verified on the blockchain. They have a myriad of uses including NFT art, music NFTs, and NFT collectibles.
Beginner investors may not understand the true meaning behind NFTs and it’s important to have NFTs explained to them.
The NFL NFT collection was created on the Polygon network and comprises digital tickets commemorating real matches. They were created with the aim of providing fans an easy way to own a souvenir from their favorite NFL matches that can’t deteriorate or get lost.
While there is somewhat of an entry barrier to those not involved in crypto, as NFTs become more commonplace this will become less of an issue.
Where to Buy NFL NFTs – Mini Marketplace Reviews
If you want to get your hands on part of this collection, you’ll first need to learn where to buy NFL NFTs. Unfortunately, this task is easier said than done. It’s important to carefully research a marketplace before connecting it to your wallet and making a purchase.
Luckily, we’ve done that for you and condensed the information down to just the important bits, and created these handy mini-reviews.
1. OpenSea – Most Well-Rounded NFL NFT Marketplace
First off, we’ve got the world’s most popular NFT marketplace, OpenSea. It’s been operating since 2017 and supports the most popular NFT collections. Due to its popularity, OpenSea tends to be the go-to marketplace for NFT fanatics or companies looking to create their own collection. It supports both the Ethereum and Polygon networks, meaning there’s plenty of diversity on the platform.
There’s a reason OpenSea remains the most popular NFT marketplace out there, it’s packed full of excellent features. The interface is slick and easy to navigate; something I’m sure those new to the space will appreciate.
On the homepage, OpenSea promotes a variety of upcoming/trending NFT collections benefiting both creators and those trying to get their hands on the next big project before anyone else.
When NFTs were first gaining popularity, gas fees were a big problem. However, since then, OpenSea has introduced gas-free transactions for buying, selling, and minting that take place on their platform. Continuous innovation like this is one of the reasons OpenSea has managed to stay on top of such a competitive industry.
Regardless of whether you’re an experienced NFT collector or completely new to the space, it’s worth learning how to buy NFL NFTs on OpenSea. This is because it is the most commonly used NFT marketplace out there. Once you’ve got the basics of OpenSea down, you’ll be set for the rest of your NFT-career.
Pros
Cons
67% of retail investor accounts lose money when trading CFDs with this provider.
2. NFL Live – Dedicated NFL NFT Marketplace
NFL Live is the NFL’s proprietary NFT marketplace. It’s used as an onramp for anyone wanting to get their hands on part of this collection. Although it was created by the NFL, we couldn’t give it the top spot on our list as it’s limited to fiat purchase and isn’t as user-friendly as OpenSea. It’s powered by Ticketmaster and only supports NFL NFT collections.
NFL Live is still a very new platform, this is immediately apparent from the website’s interface (or lack thereof). When visiting NFL Live you’ll be greeted by a blue background, a list of collections, and a search bar, not particularly fancy but it gets the job done.
Unfortunately for those involved in cryptocurrency, if you want to buy an NFT on NFL Live, you’ll be limited to fiat (credit/debit card). While this isn’t much of a surprise considering it’s powered by Ticketmaster, crypto payments would be nice; NFTs were born out of cryptocurrency, after all.
If you’re looking for a straightforward way to buy an NFL NFT with a credit/debit card then NFL Live is perfect for you. You’re able to buy and view NFTs on the marketplace so if all you want to do is collect, then your set. However, if you want to sell or trade any NFTs, there are far more options on OpenSea.
Pros
Cons
67% of retail investor accounts lose money when trading CFDs with this provider.
3. DraftKings Marketplace – Best Marketplace for Autograph NFL NFTs
DraftKings is the world’s leading fantasy sports platform. They’ve been around since 2012 and cemented their position in the industry. More recently, DraftKings has created their own NFT marketplace aptly named the ‘DraftKings Marketplace’. This platform acts as your gateway to all things DraftKings and contains a variety of NFT collections across a multitude of sports. It’s important to note that DraftKings only supports Autograph NFL collections like the Tom Brady Origins Collection.
The DraftKings Marketplace is fleshed out nicely. The interface is clean and easy to understand, making it beginner-friendly. There are plenty of filters to help narrow things down on your NFT hunt, meaning it’s rather easy to find a specific NFT.
Draft Kings NFTs are released in limited drops which are promoted on the front page of the marketplace and secondary sales have their own section. You can view your collection from your DraftKings portfolio on mobile and browser, allowing you to easily show off your NFTs on the move.
Overall, the DraftKings NFT marketplace is a great option if you’re looking for Autograph.io NFTs. It’s easy to use and has enough documentation to cover the basics. It’s a well-built marketplace, however, it gets let down due to lacking a variety of collections and crypto payment options.
67% of retail investor accounts lose money when trading CFDs with this provider.
Pros
Cons
Benefits of NFL NFTs
As the industry evolves and technology improves, NFTs are becoming exceedingly more useful and mainstream. Although it’s true that NFTs of the past were rather limited, today’s collections are packed full of utility. With that said, however, NFTs don’t need to provide access to exclusive communities or reward the holder with airdrops to be useful. NFTs have the potential to revolutionize a plethora of industries including memorabilia, collectibles, and art.
Environment
Over the past year, NFTs have been blasted in mainstream media for causing unnecessary harm to the environment but much of this animosity is not founded in reality. While it’s true that Ethereum-based NFTs are far from efficient there’s a range of layer-2 solutions like Polygon that are more environmentally friendly or offer carbon-neutral minting.
Additionally, when debating this topic, most overlook how much the manufacture and distribution of physical goods impacts the environment. Plastics are the most commonly used material for creating collectibles or memorabilia and are devastating for the world.
While there are more sustainable plastics, their manufacture requires refining oil, a particularly inefficient process. When you consider these wider factors, the better option becomes clear.
Collectibles
The collectibles industry is worth billions. As a species, we’ve collected unusual and attractive items for hundreds, if not, thousands of years. This is unlikely to stop anytime soon but the way we collect things might. Art, trading cards, commemorative coins, and the vast majority of collectibles can be easily damaged by water or improper storage. This has led to people losing thousands.
NFTs can solve this issue as they’re all stored on the blockchain, meaning that they can never be lost or destroyed as long as your private keys are kept safe. On top of this, any valuable collectibles tend to be frequently faked, with many having no safeguards against fraud.
NFTs on the other hand is impossible to fake as anyone is able to look up the token on the blockchain and check that it comes from the correct issuer. Partly due to these factors, investing in NFTs can be quite lucrative and fairly simple.
Storage
It’s fairly commonplace for any expensive collectibles to be kept secure in a temperature/humidity-controlled space to prevent degradation. This can be extremely expensive and inconvenient, especially for larger collections. Then on top of the conditions, you’ve got to hire security to prevent thieves and invest in fire-suppression systems.
Because most of this will require bespoke installations, the cost can quickly get out of hand. NFTs negate this issue as a near-unlimited amount of them can be stored digitally. Meaning the only physical storage you’ll need will be to keep your passwords/keys secure, something easily achievable using a small safety-deposit box.
How to Buy NFL NFTs – Full Guide for 2022
Now that we’ve covered where to buy NFL NFTs and some benefits they have over traditional NFL collectibles, it’s only right we take a deep dive into how to buy NFL NFTs. If you’re new to crypto this can be quite a daunting task. But worry not!
After reading this comprehensive guide you’ll be equipped with all the knowledge needed to make a successful purchase. Additionally, this guide is transferable to any other collections available on OpenSea, making it extremely versatile.
Step 1: Open an Account with eToro & Verify Account
Before you can buy an NFL NFT, there are a few prerequisites you’ll first need to fulfill. Luckily, it won’t take long. The first thing you’ll need to do is create an account with eToro. To do this head over to eToro.com, click on the button marked ‘Join Now’ and enter your information into the required fields.
Once you’ve done this, you’ll need to verify your account. This is due to eToro being a regulated platform that has to comply with money laundering regulations. All you’ll need at hand to complete the verification process is a photo ID (passport, driving license) and proof of address (bank statement, utility bill).
Step 2: Deposit Funds
Now that you’ve created and verified an eToro account, you’ll need to load it with some funds. While this is a fairly quick process (less than 5 minutes) it can take a bit longer for a first-time deposit but this only occurs once so no need to worry. All you’ve got to do is click on the button marked ‘Deposit Funds’, enter the amount you plan on investing, and press ‘Deposit’.
While transaction fees on MATIC are minimal, you should still ensure you’ve got enough extra to cover any fees. eToro has a $10 minimum deposit and supports credit/debit cards, bank transfers, and e-wallets (PayPal, Skrill).
Step 3: Purchase MATIC required to buy NFL NFTs on eToro
As soon as the funds have arrived in eToro, you’re ready to start this step. To buy some MATIC you need to type either ‘MATIC’ or ‘Polygon’ into eToro, press ‘Trade’, enter the amount of MATIC you need to buy your NFL NFT (plus fees), and press ‘Open Trade’. You can check if your purchase was successful from your eToro portfolio.
67% of retail investor accounts lose money when trading CFDs with this provider.
Step 4: Download MetaMask & Send MATIC to MetaMask
After stocking up on MATIC, you’ll need to head over to MetaMask.io and download either the browser extension or mobile app. Once the download has been completed, open MetaMask and follow the onscreen instructions to set up your wallet. It’s important to keep your recovery phrase written on paper and stored somewhere safe.
Once you’ve done this, you’ll need to withdraw the MATIC from eToro to the eToro Money wallet by going to your portfolio, click on your position, and then pressing ‘Transfer to Wallet’. After this, ensure your MetaMask is set to the Polygon network and withdraw the funds from your eToro wallet.
Step 5: Connect to an NFT marketplace
Now that your MATIC is on MetaMask, you can connect your wallet to OpenSea. There’s a wallet icon in the top-right of OpenSea, click it, then select MetaMask, and confirm the connection on your wallet. You can make sure the connection was successful by going to your OpenSea profile and checking if your MetaMask address is shown.
Step 6: Buy NFL NFTs
After connecting your MetaMask to OpenSea, you can buy your NFL NFT. Simply type the name of the NFT you want to purchase into OpenSea (or browse by collection if you’re still deciding) and click on your chosen NFT. There are three ways to buy NFTs: ‘buy it now, auctions, or make an offer.
Once you’ve initiated the purchase and your offer accepted, send the MATIC to the address shown on OpenSea and you’ll promptly receive your new NFT. It’ll be linked to your MetaMask but you can view it from your OpenSea profile. There we have it!
Now you know exactly how to buy an NFL NFT. With the rise in popularity, selling NFT tokens are also becoming a popular way to invest.
How to Buy NFL NFTs – Conclusion
NFTs are becoming increasingly prominent in everyday life, they’ve already changed many industries for the better and this trend is likely to continue. As such, there’s no better time to learn how to buy an NFL NFT, they can make great investments.
However, regardless of which NFT tokens you want to buy, you’ll need a reliable broker to buy crypto. We’ve spent countless hours researching and one time continuously comes out on top: eToro.
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