PGA Tour Golf NFTs Coming Soon | NFT Culture | NFT News | Interviews and more
The PGA Tour is moving toward the NFT sphere and is finalizing partnerships with multiple NFT companies to help create additional revenue streams for players. It will be able to achieve this goal if a quorum of tour players formally pledges their support.
Information about the deal was sent to the players in an email last week, and details were shared in a newsletter shared with tour members on Monday. The last paragraph of the newsletter section is the most important: “To be eligible for these programs, a player must
An email we sent to the players last week appeared in the newsletter and was shared with tour members yesterday. Soure: Golf.com
PGA NFT Award
Top 30: $ 50,000
31-70: $ 30,000
71-125: $ 20,000
Notably, PGA players will still be able to create their own NFTs and these will basically become cards that are officially supported by PGA.
Important for players, all “net income from the platform will flow directly to the participating members.” In the case of NBA top shots, Net Revenue is a 5% seller fee involved in each transaction divided between the league, the player union and the parent company, Dapper Lapse. When millions of dollars are traded every day, value is added. – Shawn Jack
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