Australian Open Metaverse Announces Mint for AO23 ArtBall
VANCOUVER, British Columbia, January 10, 2023–(BUSINESS WIRE)–NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”)a leading technology company that partners with top-tier brands to accelerate their entry into the web3 world through innovative technologies and unparalleled creativity, is pleased to announce that its project with Tennis Australia, AO Metaverse, has announced a new plan for ArtBall 2023.
A Dutch auction[1] for public minting of AO ArtBall 2023 will take place on January 12th (Noon PT at 3:00 PM ET) with a starting price of 0.5 ETH (equivalent to USD 645, live price here).
“Last year we set a new precedent at the intersection of technology, art, tennis and live data,” said Adam De Cata, CEO of NFT Tech. “This year we are breaking new ground in offering all members new benefits and a deeper fan experience in perpetuity for all future AO tournaments. We are excited to offer our AO22 supporters a unique opportunity to join the waiting list and secure their ArtBalls .”
New for AO23 are Match Point equivalent tickets. Any AO ArtBall scoring a Match Point on the AO23 pitch will receive a claim for two tickets to the corresponding match on AO24. This means that if an AO ArtBall scores the match point from the Men’s or Women’s Singles Final, the AO23 ArtBall member will receive two free tickets to the Men’s or Women’s Singles Final on AO24 respectively.
The project has added 2454 new AO ArtBalls with 115 ArtBalls in a new Collaborator series. Since AO22, the project team has curated a Collaborator ensemble to deliver even more value to our members and establish a new frontier in token-gated experiences. Our new ‘Collaborator’ series brings additional designs and benefits from iconic projects and brands including Collective Shift, Creature World, Crypto Chicks, Chainlink, Decentraland, Joyride Games, Marriott International, Metakey, Opensea, Penfolds, Nouns Foundation and others.
AO ArtBall exists at the intersection of sport and innovation and offers a membership that unlocks a new arena to keep fans in the game – on and off the pitch. Membership is available through AO ArtBall, a collection of 6,776 NFTs from the ’22 Collection and 2,454 NFTs from the ’23 Collection (a total of 9,230 ’23 court seats), providing holders with an unprecedented level of tickets from premier tennis, sports and entertainment events as well as unique rewards from leading Web3 projects, covering both real worlds and virtual worlds. Each ArtBall is linked to a space on the field. If the winning shot from any of the ~400 AO matches lands on that plot, the ArtBall updates in near real-time to highlight the match information, provide 3D visualization of the match point, and affix a holographic sticker to the ball housing indicating it is a Match Point ArtBall.
[1] A Dutch auction (also called a descending price auction) refers to a type of auction where an auctioneer starts with a high price, and gradually lowers the price until someone places a bid. The Dutch AO23 auction starts at 0.5 ETH, and lowers by 0.04 ETH every 15 minutes.
Where to find out more about AO Metaverse
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About NFT Tech
NFT Tech builds products that accelerate web3 adoption by adding value to digital assets. The company’s technology is designed to increase consumer engagement, enable ownership of digital assets and discover new business models, making NFT Tech a trusted partner for global brands across many industries, including sports, entertainment and arts. NFT Tech’s award-winning studio is the recipient of the first ever Cannes Lion for an NFT activation, of the most respected and renowned awards in the industry.
NFT Tech is publicly listed on the NEO exchange under the symbol NFT and on OCTQB under the symbol NFTFF. By bridging the gap between traditional capital markets and the web3 space, NFT Tech is mainstreaming the new era of the internet while bringing insights and benefits to the public markets.
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