@unreal177
Australian Open's NFT Initiative Faces Decline
The Australian Open's Artball program, launched in 2022, allowed fans to purchase NFTs linked to specific plots on the Melbourne Park tennis courts. Initially sold for 0.067 ETH and 0.23 ETH in subsequent years, these NFTs have seen their resale value plummet by up to 90%, with current prices as low as 0.005 ETH (approximately $25). No new NFTs were minted in 2024, and there have been no recent communications or offers related to the program in 2025, suggesting a possible discontinuation. Tennis Australia has not provided comments on this development.
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