WASHINGTON (FOX 5 DC) - The Washington Wizards have officially dropped their first NFT collection which includes "The Starting Five" for purchase and a free "The Sixth Man" NFT.
Owning an NFT, or non-fungible token, gives the buyer access through blockchain technology to special edition digital artwork designed by renowned D.C. artist Naturel, according to the Wizards' website.
The First and Second Starters are 1 of 1 minting and include prizes in addition to the NFT such as courtside tickets, game-worn jerseys and exclusive meet and greets. They are available on auction.
There will be 50 minted of the Third Starter at $299.99 each, 125 minted of the Fourth Starter at $149.99 each and 200 minted of the Fifth Starter at $49.99 each.
Fans in the D.C. area will also be able to enter a scavenger hunt at various locations around the District for a chance to win a free limited edition NFT called "The Sixth Man." There will only be 500 of "The Sixth Man" NFTs created and made available to Wizards fans.
Fans can join the scavenger hunt by following the Wizards Twitter account for clues. Once clues are announced, fans can find the various locations around D.C. to take a selfie and post tag the Wizards on Twitter, including their crypto wallet address and the hashtag #WizNFTContest.
The first 500 fans to do so will receive a free NFT that will then be airdropped into their wallet at a later date.
The Washington Wizards Starting Five NFT series will be on sale exclusively on OpenSea from July 12-14. For more information, click here.