Much like the wide world of professional wrestling which is known for the pains and strains the sport belies on its contenders however fabricated the end results may be, we have NFTs. "Non-fungible tokens" are unique, digital representations of reality that users can bid on and purchase in order to "own" an ethereal piece of something. The very nature of this new form of auction allows a winner to easily transfer ownership of the ephemera, but it's anyone's guess at this point whether these NFTs will increase in value over time, as stated they should.
While artists and musicians like The Weeknd, Slipknot, Grimes, Kings Of Leon and more have jumped on the bandwagon to offer up everything from exclusive music, images, fan experiences, and "golden" concert tickets -- allowing them to funnel the proceeds to charities of their choosing -- it's the arrival of iconic WWE wrestler The Undertaker's "memorabilia" NFT that has us wondering what, if anything, can truly be on the horizon for this new craze.
Listen to your favorite music now on Audacy
Launched as part of this year's Wrestlemania, WWE offered fans a chance to pick up NFTs "showcasing iconic moments from The Undertaker's legendary WWE career, along with never-before-sold memorabilia and experiences" spanning the Master of Pain's 30-year career.
All of the auction items are now sold-out, with prices ranging from $100 to $100,000.
The priciest, "Platinum," NFT provided one winner a one-of-a-kind digital image featuring The Undertaker; a once-in-a-lifetime experience for two at WrestleMania 38 in 2022 or WrestleMania 39 in 2023 including front row tickets, VIP access, and hotel accommodations; a personalized video message from The Deadman himself; an original urn straight out of the "WWE Vault" in a signed case; and a personalized WWE Championship Title Belt with the winner’s name engraved.
The least expensive NFTs offered were "modern" and retro" digital images set to music offered as two separate drops which were picked up by over 1,500 bidders. Check out the full list of items here.
WATCH MORE: What to watch this week: ‘The Circle,’ ‘Dad, Stop Embarrassing Me’
LISTEN on the Audacy App
Sign Up and Follow Audacy
Facebook | Twitter | Instagram