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2021-07-15

Miami Heat to Drop NFTs Celebrating the 2006 NBA Title

Miami Heat NFTs

Miami Heat is gradually making bigger moves in the crypto space with forward-thinking deals and the launch of potential assets. Just a few months bank, the team inked a partnership with crypto exchange FTX that took over the rights to Heat’s arena in Biscayne Bay. And now it’s gearing up for the launch of its NFTs that commemorate the Heat’s first victory in the NBA Championship. Miami Heat to Launch NFTs Commemorating the 2006 NBA Victory Starting July 16, Miami Heat fans will have an opportunity to grab a non-fungible token(NFT) that contains snapshots from the historic night of June 20, 2006, when the team won its first NBA title. The collection of digital memorabilia — titled “15 Strong” — will feature 127 unique tokens, including seven 1-of-1 NFTs and their retro-inspired 8-bit counterparts, plus a special Burnie NFT,  all of which will be available in limited supply on the Ethereum blockchain. The auction will also include tangible pieces from the historic win like an authentic 2006 Championship ring, 2006 Championship banner, and tickets for the games in 2021-2022 with select token editions. According to Jennifer Alvarez, the vice president of creative and digital marketing at Miami Heat: “The Miami HEAT 15 Strong NFT Collection represents a unique combination of the past and the present. The specially curated 15 NFTs available for auction create exciting opportunities for traditional memorabilia and NFT collectors.”  To purchase the collectibles, users have set up an Ethereum compatible wallet like Metamask. Once they link their wallets with an OpenSea account, they can start bidding on the offerings. The auction is to the public open till July 19. An Overview of Miami Heat’s 2006 Win The Miami Heat captured its first NBA title in 2006 in a 4-2 victory against the Dallas mavericks. Back then, Dwayne Wade, who was only three years into his professional basketball season, led the team. Other team members included Shaquille O’Neal, Alonzo Mourning, and coach Pat Riley, who took over coaching duties in the middle of the season.  Riley is said to have used a “mystery bowl” to motivate the team, which was later revealed to contain thousands of cards that bore an image on one side and the motto “15 Strong” on the other.

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