The Colorado Avalanche is launching its inaugural non-fungible token (NFT), which will pay homage to the 2020-21 Presidents’ Trophy banner being debuted in the rafters of Ball Arena in Denver on October 13th. The auction will run from October 13th at 8:15 p.m. MT through Friday, October 15th at 8 p.m. MT.
The Colorado Avalanche Inaugural NFT Collection features 2 tiers:
Presidents’ Trophy NFT – Burgundy Edition
The Avs will auction off three total premium NFT banner artworks within the Burgundy Edition category. The offering will include premium animated NFT banner art, along with a physical, framed swatch of the genuine banner materials. The number 3 honors the total number of Presidents’ Trophies captured by the Avalanche club.
Presidents’ Trophy NFT – Blue Edition
The Avs will sell 82 banner artworks within the Blue Edition category. The offering will include animated NFT banner art. The number 82 represents the number of points earned by the team to secure the Presidents’ Trophy.
What’s an NFT, you ask?
An NFT (non-fungible token) is a digital asset that uses blockchain technology. They are like digital trading cards that verifiably guarantee fan ownership and ensure that only a limited number of each will ever be created. This means that they are scarce and valuable by design and once they’ve been issued, that’s it – no more will ever be created, and you are now able to claim one!
Once I have an NFT, what can I do with it?:
• Add it to your collection
• Share it on social media
• Add it to your Apple Wallet or Google Pay for use at live events
• Resell it on the secondary market to other fans
The Avalanche finished the 2020-21 season with a 39-13-4 record (82 points), the highest points percentage in franchise history (.732), breaking the previous mark of .720 set in 2000-01. Colorado claimed the Presidents’ Trophy in the 2020-21 season as the team with the best overall record, winning its final game of the regular-season to overtake the Honda West Division rival Vegas Golden Knights.