Six Pro Football Legends Line Up for Unprecedented NFT Drop

Rhea-AI Summary

Hall of Fame Resort and Entertainment Company (HOFV, HOFVW) and Dolphin Entertainment (DLPN) have launched a unique NFT series called “Playbooks,” featuring iconic plays from six legendary athletes. Available from August 5, 2021, on FTX, these NFTs are priced at $25 each and offer collectors exclusive experiences, including signed memorabilia and virtual meet-and-greets. Featured athletes include Pro Football Hall of Famers such as Marcus Allen, Tim Brown, and Shannon Sharpe. The launch coincides with the football season, allowing fans to engage with their favorite legends.

Positive

• Launch of NFT series 'Playbooks' enhances brand visibility.
• Partnership with renowned athletes increases market appeal.
• NFTs provide fans unique engagement opportunities.
• Pricing at $25 per NFT may attract a broad audience.

Negative

• Potential market saturation as NFT popularity rises.
• Uncertainty surrounding long-term value of NFTs.

Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW) and Dolphin Entertainment (NASDAQ: DLPN) announce the creation of a new NFT series highlighting memorable plays from the college and professional careers of six legendary athletes. This first-of-its-kind collectible, entitled “Playbooks,” becomes available beginning August 5, 2021 on FTX, a leading cryptocurrency portfolio management and trading platform, which will allow collectors to acquire the NFTs through the platform using a debit or credit card or cryptocurrency. The collection will be available through the Pro Football Enshrinement Week powered by Johnson Controls festivities and while supplies last.

The pro football legends featured in this NFT series includes: Los Angeles Raider Marcus Allen, the only NFL player to win a Heisman Trophy, NFL MVP, Super Bowl, Super Bowl MVP and be enshrined in the Pro Football Hall of Fame; Tim Brown, a Pro Football Hall of Famer, Heisman Trophy winner and legendary wide receiver who played 16 seasons with the Los Angeles and Oakland Raiders; University of Texas and Houston Oiler legend Earl Campbell, also a Hall of Famer and Heisman Trophy winner; 3-time Super Bowl Champion and Pro Football Hall of Famer Shannon Sharpe; Joe Theismann, NFL MVP, and Super Bowl winning quarterback for the Washington Redskins; and the late Doak Walker, 1948 Heisman Trophy winner and Pro Football Hall of Famer.

For the “Playbooks” concept, each legendary athlete will have a limited number of different custom NFTs available, priced at $25 each. Each collectible features the voice of the legend immortalizing a specific play from his college or professional career; every play was personally chosen by the participating athletes and represents pivotal moments and defining memories from their storied careers on the field. The purchase of these NFTs provides several opportunities to unlock a variety of “extra” opportunities for engagement and interaction, including signed memorabilia, “meet and greet” opportunities and other unique experiences. Collectors purchasing all “Playbooks” from a particular player within a certain amount of time will automatically be invited to join a video conference with that player, for example, while collectors who purchase the most “Playbooks” from a specific player within that same window will have the chance to receive signed jerseys, helmets and in the case of Doak Walker, even two tickets to next year’s Hall of Fame Enshrinement, courtesy of the Pro Football Hall of Fame. More details can be found here.

The creative for “Playbooks” was spearheaded by the award-winning partners at Reference, a New York based creative office specializing in design and motion.

“We are excited to bring this next wave of incredible collectibles to football fans and NFT enthusiasts alike,” said Michael Crawford, President & CEO of HOFV. “We have a unique opportunity to work with some of the most legendary athletes to ever play the game of football, and are honored to be able to bring some of their most defining moments to life in this uniquely accessible format. We continue to explore new and exciting ways to bring athletes and their fans closer together and are thrilled to bring this groundbreaking series of NFTs to market.”

Bill O’Dowd, CEO of Dolphin Entertainment comments, “This pack of collectibles is incredibly well timed, not just for the start of football season but also as credit card purchases become possible in the NFT space. Now, there’s nothing standing in the way of any fan getting a special collectible from their favorite football legend.”

About Hall of Fame Resort and Entertainment Company

Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.

About Dolphin Entertainment, Inc.

Dolphin Entertainment (NASDAQ: DLPN) is a leading independent entertainment marketing and premium content development company. Through our subsidiaries 42West, The Door and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music, gaming and hospitality industries. Viewpoint Creative and Be Social complement their efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series. Dolphin’s Non-Fungible Tokens (NFTs) Division is dedicated to designing, producing, distributing and promoting NFTs for itself and its clients within the film, television, music, gaming, culinary and technology industries. The NFTs division is composed of executives across all six of Dolphin’s wholly-owned subsidiaries blending their creative expertise in creative services, digital design, production, marketing, sales and public relations. To learn more, visit: https://www.dolphinentertainment.com.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words and phrases such as “opportunity,” “future,” “will,” “goal,” and “look forward” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of the business combination; costs related to the business combination; the inability to obtain or maintain the listing of the Company’s shares on Nasdaq; the Company’s ability to manage growth; the Company’s ability to execute its business plan and meet its projections; potential litigation involving the Company; changes in applicable laws or regulations; general economic and market conditions impacting demand for the Company’s products and services, and in particular economic and market conditions in the resort and entertainment industry; the potential adverse effects of the ongoing global coronavirus (COVID-19) pandemic on capital markets, general economic conditions, unemployment and the Company’s liquidity, operations and personnel, as well as those risks and uncertainties discussed from time to time in our reports and other public filings with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210802005389/en/

FAQ

What is the launch date for HOFV's NFT series 'Playbooks'?

The 'Playbooks' NFT series is set to launch on August 5, 2021.

How much do the NFTs in the 'Playbooks' series cost?

Each NFT in the 'Playbooks' series is priced at $25.

Which athletes are featured in the HOFV NFT series?

The series includes legends like Marcus Allen, Tim Brown, and Shannon Sharpe.

Where can collectors purchase the 'Playbooks' NFTs?

Collectors can purchase the NFTs on the FTX platform.

What exclusive experiences do HOFV's NFTs offer?

Purchasers can unlock signed memorabilia, meet-and-greet opportunities, and more.