RATE Group | NBA Team Auctioning Basketball Star’s Jersey on Ethereum Blockchain
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NBA Team Auctioning Basketball Star’s Jersey on Ethereum Blockchain

15 Jan NBA Team Auctioning Basketball Star’s Jersey on Ethereum Blockchain

Posted at 22:19h in Ethereum News by

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The Sacramento Kings will auction off starting guard Buddy Hield’s jersey from Wednesday’s game against the Dallas Mavericks using a blockchain-powered marketplace.

Working with ethereum project incubator ConsenSys, the Kings said Wednesday it would be live-auctioning team memorabilia using an ethereum-based platform operated by Treum, a supply-chain product. The platform will be used to verify the provenance of athletic collectibles, with auctions running during and after NBA games. 

The platform will help ensure all items being sold are authentic, said Tyler Mulvihill, Treum’s co-founder. 

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“We’ve seen time and time again and instances of this exact problem, right? This is the jersey, [is it] real, was it game-worn, how do I know?” he said. “We’re working with the Kings to solve each and every one of those problems.”

He told CoinDesk in a phone call the platform…

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