Topps Company, Inc., the American manufacturer of Bazooka chewing gum, candy, and collectibles, has announced the release of the second series 2021 Topps Baseball NFT collection. Topps’ latest non-fungible token products follow the release of the company’s MLB Inception NFT collection. According to Topps, this is the largest MLB NFT launch in the company’s history.
Topps introduces the Series 2 MLB NFT Collection.
Topps released the first series of its 2021 NFT Major League Baseball (MLB) NFT collection, dubbed “Inception,” at the end of August. Topps released the second series of NFT MLB collectibles via the blockchain protocol Avalanche a month later, in October. The new NFTs are based on the sold-out 2021 Topps Series 2 Baseball physical product and are available for purchase at toppsnfts.com.
Standard and premium packs of the 2021 Topps Series 2 Baseball NFT collection went on sale on October 4, with card rarities ranging from common to legendary. Tobin Lent, VP and global general manager of Topps Digital Sports & Entertainment, stated that the MLB NFT series are beneficial to both NFT veterans and newcomers.
“Our Topps MLB NFT products have created a fun, easy-to-use collecting experience for many who have previously collected NFTs as well as those looking to make their first purchase,” Lent said in a statement obtained by Bitcoin.com News. The executive at Topps added:
Series 2 Baseball provides a yearly snapshot of many of the twists and turns of an MLB season, and this release allows collectors to collect those memorable moments in a novel new way.
Fanatics’ Candy Digital Brings MLB Competition, Collectible Company’s First Series MLB Collection Sold Out in 96 Minutes
A standard pack of NFT baseball cards costs $15 and contains eight cards, according to the toppsnfts.com web portal. There have been 25,000 packs released, with a 16.64 percent chance of receiving a rarity card.
The chances of obtaining a super rare card are 14.23 percent, while the chances of obtaining a legendary NFT card from the series are much lower at 0.04 percent. A standard pack purchaser, on the other hand, is guaranteed to receive at least one rare card. Premium packs are far more expensive, costing $150 per pack, but the odds of obtaining a legendary are higher.
In a premium pack, the chances of getting a legendary card are 0.88 percent, while the chances of getting an epic NFT card are around 30.50 percent. The All-Star and 70th Anniversary Platinum Facsimile Signatures NFT cards are exclusive to premium pack buyers, and three epic NFT cards are guaranteed.
The first 2021 Topps MLB Inception NFT Collection sold out in just 96 minutes in August, with over 22,000 unique buyers. The 1 of 3 Legendary Vladimir Guerrero Jr. Letter Booklet and the 1 of 23 Epic Juan Soto Red Rookie and Future Phenoms Facsimile Signature NFT collectible card from the Inception collection, according to Topps, are the hottest secondary sales from the Inception collection.
So far, Topps has dominated the market for Major League Baseball NFT cards and packs. Meanwhile, NBA Top Shot has introduced non-fungible token collectibles associated with NBA players and their most memorable moments. Topps will lose its partnership with MLB in 2026, as the league has signed a deal with sports apparel manufacturer Fanatics. It’s entirely possible that Fanatics will pick up the MLB NFT game from then on.
MLB has also collaborated with Candy Digital, which has released MLB-branded NFTs such as a 1-of-1 token of Lou Gehrig. In addition, the Los Angeles Dodgers released an NFT version of the team’s 2020 World Series ring. In fact, Fanatics has a close relationship with Candy Digital, whose founders include billionaire investor Michael Novogratz, digital media entrepreneur Gary Vaynerchuk, and Fanatics’ chairman Michael Rubin.