Major League Baseball is auctioning off the iconic speech made by Lou Gehrig as an nonfungible token (NFT).
Gehrig’s speech came on July 4, 1939, in the Yankees Stadium in New York City. In the famous speech, he referred to himself as “the luckiest man on the face of this earth” despite having a terminal illness.
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The speech will become the first NFT released by the MLB for sale, working in tandem with Candy Digital and Fanatics.
Once sold as a NFT, the buyer is granted ownership of the original and authentic copy of the NFT, making it a potentially profitable investment. The owner will be given a token proving they own that original copy.
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