New heavyweight champion Francis Ngannou sells $581,000 of NFT’s following KO of Stipe Miocic in UFC 260
There’s a saying that everyone loves a winner, and that is especially true in sports. And there are few bigger winners in sports right now that newly-minted UFC heavyweight champion Francis Ngannou, who is coming off a stunning second-round knockout win over Stipe Miocic in UFC 260 on Saturday.
The win not only earned him the UFC heavyweight belt but also helped him sell his line of NFTs for a staggering amount. In fact, the amount Ngannou earned from selling NFTs, which surpassed $581,000, is already higher than his guaranteed purse from UFC 260, which was at $500,000, with a sponsorship bonus of $30,000.
New UFC heavyweight champ @francis_ngannou sold $581K worth of NFT’s last night.
The sale included 11 limited editions and a 1 of 1 version of “The Crowned King,” which also comes with a set of signed gloves, sealed along with sand from the mine where Ngannou worked in Cameroon pic.twitter.com/5Qb8qdca03
— Darren Rovell (@darrenrovell) March 30, 2021
According to Action Network’s Darren Rovell, among the digital artworks from his NFT line are 11 limited editions of “The Crowned King,” which shows the 34-year-old with the Predator’s head and a crown with a title on his waist. This limited edition work includes signed gloves as well as sand from the mine where Francis Ngannou worked back when he lived in Cameroon.
And with Ngannou’s NFTs still for sale, it’s safe to say that the amount he earned from it will still increase. NFTs, or non-fungible tokens, are digital tokens that represent artworks, audio, or even video content that can be sold to other people.
Earlier this month, Ngannou announced his collaboration with BossLogic, which created the digital art for his NFTs. The proceeds from the sales will go to his Francis Ngannou Foundation. His plan was reported to release his line of NFTs only if he beat Miocic at UFC 260. Once he did, he not only ensured that the line will be released, but that his success would ensure a lot of sales for the NFTs.