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‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop

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A marketplace for non-fungible tokens (NFTs) launched by Travala.com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow to competing platforms.

Called HoDooi.com, the marketplace aims to become a one-stop service to shop to buy, sell, create and re-sell NFTs, similar to how eBay operates in the e-commerce part of the world.

As such, it’s a multichain platform that will launch with Binance Smart Chain and Ethereum support, before moving to incorporate other compatible blockchains as the platform grows.

NFTs are blockchain-based representations of tangible or intangible objects that tie ownership of their underlying assets with the holders. They are popularly used for blockchain-based art and crypto collectibles, have been used to sell real estate and luxury cars.

NFTs everywhere

The platform, launching this summer, will allow users to list, auction, and bid on NFTs created anywhere in the space, including artworks created and minted on NFT platforms such as Rarible and OpenSea, and unique collections created by global sports brands, such as NBA Top Shots.

One of HoDooi.com’s first collaborations will be a collection of NFTs created by Fomo Labs and focused on Tyson Fury, the two-times world heavyweight boxing champion of the world and famously known as the ‘Gypsy King’. HoDooi.com has been working closely with its partner Fomo Labs and Tyson Fury’s team at Goldstar Promotions on this project.

“HoDooi.com will be the official NFT marketplace to launch my NFT collection, looking forward to showing my fans and their users what we’ve created. Get ready for the release you big dossers,” said Fury in a statement.

Mind the gap

In a statement, Luczynski said he is excited about the partnership and decided to set up HoDooi.com and move into the hugely popular NFT sector after noticing a gap for a reliable and user-friendly NFT marketplace.

“We are going to make HoDooi.com the eBay of NFTs,” he noted, adding that the platform would allow users to create auctions for their NFTs, list those they have bought elsewhere,  and browse what will be a thriving marketplace for digital artwork, moments and collectibles.

He added, “Alongside Tyson we’re working with a range of high-profile names from actors to sports stars with the aim of bringing their collections to HoDooi.com.”

The NFT sector has grown by leaps and bounds in the past year, from under $50 million in 2019 to a flourishing $25 billion behemoth in 2021. However, data suggests the trend could just have temporarily topped out and is falling—as overall sales and price floors have dropped in the market.

The post ‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop appeared first on CryptoSlate.



Source: ‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop

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