Muhammad Ali is being memorialized in non-fungible token (NFT) form 50 years on from “The Fight of the Century” in which he faced Joe Frazier in New York City. Ali lost the fight to “Smokin’ Joe” on March 8, 1971, but went on to win the two subsequent bouts in 1974 and 1975.
The digital collectible is hitting the market as NFT mania reaches fever pitch thanks to a partnership between Ethernity Chain and the Muhammad Ali Foundation.
“The Ali Collection” is designed to celebrate his life and legacy, featuring the famous photograph of Ali and Frazier from Sports Illustrated 1971 taken by Neil Leifer.
Dubbed the “first historically significant NFT,” the token will drop in late March with a portion of the proceeds forwarded to the Ali Center, the Louisville museum dedicated to Ali’s life and career.
Founded by early bitcoin investor Nick Rose Ntertsas, Ethernity Chain aims to explore the application of NFTs for artistic and philanthropic purposes through celebrating famous pop culture figures and events.