Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange, with proceeds going to Fondazione Milan, the clubs' charity arm.
The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club's home ground San Siro stadium, and will depict a 3D image of a jersey found in South Sudan by Danish war photographer Jan Grarup who was in the country documenting widespread flooding last December.
BitMEX partnered with AC Milan to contribute to the project by providing trading discounts and “other benefits” to the first 10,000 pre-orders, BitMEX will also donate to Fondazione Milan by purchasing a “large number” of the NFTs.
As per the announcement, the club says the proceeds will contribute to funding its charitable causes around the world, specifically mentioning the ongoing crisis in Ukraine and a UNICEF project in South Sudan.
Magic Eden, the largest marketplace by volume for Solana (SOL) NFTs according to DappRadar has confirmed it will accept the tokens from popular Solana NFT projects, DeGods DUST and Aurory’s AURY within the coming weeks.
The marketplace first teased integration of the DUST token in late March, tweeting “brb integrating $DUST” on March 31st. On April 1st, a drawing of a Magic Eden-themed bar with the caption “$AURY” was tweeted.
$AURY pic.twitter.com/k5gQdHvZ8b
DeGods is the most traded collection in 30 days on Magic Eden according to its own statistics and has an all-time trading volume on the platform of 307,121 SOL, or $33.8 million. Aurory is in third place overall in sales volume for a Solana NFT project according to DappRadar, with an all-time volume of $79.5 million.
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