The Chicago Bulls Drop Fine Art NFTs on Coinbase

The Chicago Bulls to release a set of NFT artwork called THE AUROCHS to be auctioned on Coinbase

The Chicago Bulls Drop Fine Art NFTs on Coinbase

The Chicago Bulls NBA Team announced via Twitter that they will be releasing a set of NFT artwork, with each piece reimagining the team’s iconic logo.

For this initiative, the Bulls partnered with 23 prominent NFT artists and projects including Deadfellaz, Gxng Yxng, Mike Fogg, LOGIK, and Shay the Surrealist. Each artist had to represent the Chicago Bulls’ white, black, and red raging bull logo in their own interpretation. The collection, called ‘THE AUROCHS’, will be introduced on the Coinbase NFT marketplace at 7pm UTC on September 22.

Coinbase is planning to host a 24-hour auction for all 23 1/1 artworks, with a starting bid of 0.2 ETH.

Proceeds from this auction will be split by Coinbase four ways - the artists and the Chicago Bulls each receiving 40%, the NBA taking 10% and the rest going to ‘After School Matters,’ a Chicago-based non-profit for underprivileged youth.