Ethernity Chain, Authentic Brands Group (ABG) and the Ali Foundation have teamed up to produce The Ali Collection’s non-fungible token (NFT) in commemoration of the 50th ‘The Fight of the Century’.
The announcement was made via tweet by @EthernityChain.
To honor the 50th anniversary of the ‘Fight of the Century’, we’re thrilled to announce The Ali Collection, celebrating the life & legacy of @MuhammadAli .This is the first-ever licensed ‘NFT of Historical Significance’. (Photo credit: Neil Leifer, Sports Illustrated) #NFTs pic.twitter.com/m81MMIk6X1
- Ethernity Chain (@EthernityChain) March 9, 2021
The Fight of the Century found two world -famous boxers, Muhammad Ali and Joe Frazer for the heavyweight title on March 8, 1971 at Madison Square Garden, New York City.
Back then, the victory in Frazer’s favor had invited a huge impact in the American community. It was watched by 300 million viewers on television.
The Ali Collection is the first licensed NFT Historical Significance to be created.
The tokens will be produced (via token mining) at Ethernity Chain, a blockchain project that once produced a limited edition NFT public figure. The project is strongly supported by the Winklevoss Twins, Alesso, Paolo Maldini and several other celebrities.
It is expected that the NFT Ali Collection will start launching around the end of March 2021 and the proceeds from the sale of the tokens will be distributed to the museum and cultural center, The Ali Center.
