One of the lesser known sports card NFT markets has awakened most recently, with active sales, including a few triple-digit-thousand sales, taking place as of late. These sales, including a Victor Wembanyama Gold Kaboom /10 for $6,000, indicate a potential resurgence in the digital collectibles space. In July, a Jayden Daniels Gold Kaboom /10 sold for $3,500. Less surprisingly, a Caleb Williams Green Horizontal Kaboom 1/1 went for the same as well, $3,500.
Most of this activity is being fueled by Kabooms, Obsidian’s super popular and highly sought after case hit. While these packs first gained fame for their hot pulls, they include other premium inserts coveted by collectors as Colorblasts, Stained Glass and Downtowns. The allure of these cards doesn’t stop at the physical item, as they’ve made their way into the NFT marketplace where digital counterparts exist.
As a reminder, you can check out tons of rare pulls from Obsidian cases that have already started to hit the Panini NFT marketplace. For now, Panini Inc. is the undisputed king of the trading card industry. They run the first blockchain-based platform to offer exclusive digital pack drops, including the highly popular Kabooms. Finally, the introduction of these cards into the NFT space is helping to drive the market’s sudden surge in popularity.
Although the sports card NFT market has been a bit under the radar, recent sales numbers indicate there is still a heartbeat. Interestingly, three of these recent top five NFT sale transactions were for LeBron James cards. Araw LeBron James Gold Prizm /10, for example, fetched an astounding $27,750.
Personal collectibles similar to these cards may be entering the digital realm themselves. This, along with Panini’s aggressive strategy and deep roots in the NFT space, is fueling a wave of new activity. Now, more and more collectors and investors have turned their attention to digital assets. This expansion would likely spur additional growth and innovation in the sports card NFT space.
