NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce that its project with Tennis Australia, AO Metaverse has announced mint schedule for ArtBall 2023.
A Dutch auction for the public minting of the AO ArtBall 2023 will take place on January 12 (Midday PT 3pm ET) with a starting price of 0.5 ETH (USD$645 equivalent, live price here).
“Last year we set a new precedent at the intersection of tech, art, tennis and live data,” said Adam De Cata, CEO of NFT Tech. “This year we’re breaking new ground in offering all Members new benefits and a deeper fan experience in perpetuity for all future AO tournaments. We are pleased to offer our AO22 supporters a unique opportunity to join the waitlist and secure their ArtBalls.”
New for AO23 is Match Point equivalent tickets. Any AO ArtBall that scores a Match Point on the AO23 court, will receive a claim for two tickets to the equivalent match at AO24. Meaning if an AO ArtBall scores the Match Point from the Men’s or Women’s Singles Final, the AO23 ArtBall Member gets two complimentary tickets to the Men’s or Women’s Singles Final at AO24, respectively.
The project has added 2,454 new AO ArtBalls with 115 ArtBalls in a new Collaborator series. Since AO22 the project team has been curating 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, the 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 court. Membership is accessible via AO ArtBall, a collection of 6776 NFTs from the ‘22 collection and 2454 NFTs from ‘23 collection (totalling 9230 ‘23 court plots), providing holders with an unprecedented level of tickets from premier tennis, sport, 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 plot on the court. If the winning shot from any of the ~400 AO matches lands on that plot, the ArtBall is updated in near real-time to highlight the match information, provide 3D visualization of the Match Point, and attach a holographic sticker to the ball casing showing it’s a Match Point ArtBall.
 A Dutch auction (also called a descending price auction) refers to a type of auction in which an auctioneer starts with a high price, incrementally lowering the price until someone places a bid. The AO23 Dutch auction will start at 0.5ETH, lowering by 0.04 ETH every 15 mins.
About NFT Tech
NFT Tech builds products that accelerate web3 adoption by infusing utility into digital assets. The company’s technology is designed to increase consumer engagement, enable digital asset ownership, and discover new business models, making NFT Tech a trusted partner to global brands across many industries, including sports, entertainment, and art. NFT Tech’s award-winning studio is the recipient of the first-ever Cannes Lion for an NFT Activation, of the most respected and well-known 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.