Mark Zuckerberg’s latest NFT play: Will it be a hit, or a swing and a miss?
The CEO and co-founder of one of the largest social media companies is turning one of his childhood memories into a non-fungible token (NFT).
Here is the item Mark Zuckerbergwhich will be converted into an NFT and how it relates to his company Meta platforms META.
What happened: Meta Platforms introduced NFT profile pictures for Instagram in May for select US users. The company announced Thursday that the feature will roll out to more than 100 countries and give users the ability to present an NFT from a collection or that they create as a profile picture.
Zuckerberg joined in and shared his little league trading card from 1992 in honor of the increased NFT expansion of Instagram. The card will be converted into an NFT and will be featured in an upcoming auction.
“In honor of expanding digital collectible NFTs to 100 more countries on Instagram and launching new integrations with Coinbase and Dapper, I’m sharing my soon-to-be NFT vintage little league baseball card that someone found and sent me ,” Zuckerberg shared on Instagram. “@mcomiconnect has the backstory on my baseball card.”
Who is on this little league baseball card? Only wrong answers pic.twitter.com/GbWHmlfxny
— Benzinga (@Benzinga) 4 August 2022
The card in Zuckerberg’s post was featured in a post by ComicConnect, which said the card was created in 1992 and given to Zuckerberg’s favorite camp counselor Allie Tarantino. Zuckerberg signed the card and 30 years later it is now a new piece of memorabilia from a famous CEO.
“I’ve been telling this story for quite a while, about how I knew Mark as a camper, and it always amazes people to see that this card actually exists,” Tarantino said. “I think now is a good time to sell this card and put it on the market.”
There is an upcoming physical auction for the graded minor league trading card along with an auction of a 1-of-1 NFT of the same card that will be sold in Ethereum ETH/USD.
Related Link: Metaplatforms Missing Q2 Revenue: User Numbers, Ad Impressions, Zuckerberg’s Comments & More
Why it’s important: Meta Platforms’ NFT game comes on the heels of Twitter Inc TWTR with verified NFTs as profile pictures.
One of the stats on the card shows that Zuckerberg had a .920 batting average as an infielder in New York.
Some have questioned the almost incredible batting average. Bar stool Sportsbook founder Dave Portnoywho may bear a striking resemblance to the kid on the card, took to Twitter on Thursday to share old videos of him playing baseball and being better than Zuckerberg.
“Oh, he peaked in Little League, buddy, I’d be a .320, 40 HR guy in the majors, but I’ve got a bum shoulder,” Portnoy tweeted.
A video showing Portnoy hitting the ball discussed caption “Zuckerberg wants this kind of pop.”
Portnoy tweeted the trading card and said “ugly morphic***** with zero pop.”
Ugly bastard with zero pop pic.twitter.com/IZzgSmBUPS
— Dave Portnoy (@stoolpresidente) 4 August 2022
Of course, Zuckerberg went on to co-found Facebook when he was in college. A love of sports and the time required for them may have disappeared with Zuckerberg’s transition to technology.
At the age of 12, Zuckerberg created a messaging app he called “Zucknet.” Zuckerberg’s father used the app at his dentist’s office so the receptionist could inform him of new patients arriving without having to yell across the room.
Later in high school, Zuckerberg created an early version of music software similar to Pandora, the music streaming platform now owned by Sirius XM Holdings Inc. SYRIA.
