The Philippine Basketball Association (PBA), in partnership with mobile-first platform Virtualness, is launching the PBA Virtualness platform, a platform designed to house the exchange of custom PBA NFT collectibles.
The PBA says that the digital collectibles will range from “commemorative, topical, gamification to unlocking unique fan experiences.”
PBA and Virtualness executives announcing the partnership | photo from pba.ph
According to the Philippines’ oldest basketball league, the PBA Virtualness platform will feature a custom-made community centered around purchasing, trading, and owning PBA’s digital collectibles.
These may range from present live in-game moments, from both the past and present, as well as other PBA merchandise.
We imagine that in-game dunks and game-winners will be the most abundant version of the PBA’s library of NFT collectibles, but we will have to see to be sure.
For those unaware, NFTs or Non-Fungible Tokens refers to a token that cannot be replaced, divided, or merged. NFTs were created to represent ownership over digital or physical assets in a wide range of unique tangible and intangible items, from collectible Pokemon cards to virtual real estate or even paintings.
You can learn more about NFTs through our online guide here.
The PBA Virtualness platform is slated for launch in the first half of 2023.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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