Michael Jordan joins cryptocurrency and collectible NFTs

Legendary NBA player Michael Jordan has entered the world of cryptocurrency and collectible NFTs with the new ‘HEIR’ platform built on Solana.

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NBA legend Michael Jordan, along with his son Jeffery Jordan, has made an announcement about how their family is getting into the cryptocurrency and NFT market.

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Six-time NBA champion and Chicago Bulls legend Michael Jordan is the latest celebrity to see potential in how crypto and Web3 technology can connect athletes and entertainers with fans

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Today, Jordan revealed plans to take his fandom on a whole new level with the launch of a newly created app called JOY which will allow fans to connect with him in real-time.

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Michael Jordan and his son have co-founded a new company named HEIR. This company is introducing an upcoming platform that will allow devoted fans to connect with professional athletes using the HEIR token.

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Furthermore, the platform will support NFTs and allow you to participate in a pregame huddle with exclusive benefits and features.

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HEIR INC has already received $10 million in seed funding, and the release of their funding demonstrates their success. Thrive Capital led the funding round and attracted support from a variety of top tech, financial, and sporting names.

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Within just one year, Solana’s token value went from $2 to over $260. The coin is worth $166 today.

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While Ethereum is currently the most popular network for NFTs, EOS established a clear lead in traffic.

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Solana is trying to give people a decentralized way to run applications, trading, and lending. The network has had some stability issues in the past but they hope that will improve over time.

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