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Topps Switches From Wax to Avalanche to Launch New Baseball NFT Collection

The trading card company called the Avalanche blockchain “fast, low cost, and eco-friendly.”

Na-update May 11, 2023, 5:48 p.m. Published Ago 31, 2021, 5:11 p.m. Isinalin ng AI

MIAMI, FL - AUGUST 10: Ronald Acuna Jr. #13 of the Atlanta Bravesin action against the Miami Marlins at Marlins Park on August 10, 2019 in Miami, Florida. (Photo by Mark Brown/Getty Images)

Topps is using the Avalanche blockchain to mint its latest collection with Major League Baseball (MLB), the trading card company announced on Tuesday.

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Wax, another blockchain, hosted the release of Topps’ first MLB-licensed NFT collection in April.
Topps said in its press release that it was using Avalanche because the blockchain is “fast, low cost, and eco-friendly.” The company added that “the site removes the need for special wallets or token apps and provides a single location to buy, sell and explore officially licensed Topps NFT (non-fungible token) collections.”
The new “Inception” NFT collection will be released in September on Toppsnfts.com and take inspiration from the physical card series the company has released in the past.
MLB licensing is seen as the crown jewel of the sports collectible market because of the storied history of physical baseball card sales and industry-leading resale value.

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Eli Tan

Eli was a news reporter for CoinDesk who covered NFTs, gaming and the metaverse. He graduated from St. Olaf College with a degree in English. He holds ETH, SOL, AVAX and a few NFTs above CoinDesk's disclosure threshold of $1000.