Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Proxy Advisors Urge Vote Against ANZ’s Executive Pay Report Amid Scandal Fallout 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Cleveland Cavalier is set to launch its own non-fungible token collectibles and this move made the NBA team the latest in the league to jump into the world of NFTs. The team will also be introducing its virtual lockers designed for fans to store their Cavaliers NFT collectibles.
The Cleveland Cavaliers teamed up with Sweet, a New York-based NFT platform and marketplace, for this new project. Starting this week, fans can have the chance to claim free virtual lockers that will serve as a place where fans can keep and put their digital Cavaliers collectibles on display.
According to Business Insider, the locker will be unlocked on Sunday, Feb. 6 and this is before the Cavs faces Indiana Pacers for a game match on Saturday, Feb. 12. For fans who are planning to watch the game in person, some of them can receive the very first Cavaliers NFT. These will be given in the form of a digital t-shirt that they can display in the virtual locker.
The game attendees for the home games will be eligible to get the game-issued NFTs. The collectibles are available for fans who will be at the Rocket Mortgage FieldHouse during the Cav vs. Pacers match.
The branded t-shirt features the “Let ‘Em Know” print and fans can also choose to buy other NFTs that will be released on that day. Fans can put all of their Cleveland Cavaliers NFTs inside the “My Cavs Locker.”
The other NFT collectibles that will be dropped throughout the 2021-2022 NBA game season will include sneakers, varsity jackets, branded tees that may also have a version in the real world, a mini fridge, and more. Fans who can personally attend the games for the rest of the season may buy the available NFTs or even get them for free if there are promos.
“Ultimately, this will be an ongoing promotion, not just for the remainder of this season but for upcoming seasons, meaning fans can continue to build out, curate, and showcase their ‘My Cavs Locker’ into the future,” Cleveland Cavaliers’ senior vice president and chief information officer, Mike Conley, said in a press release. “This offers our supporters a fantastic and fun way to own a digital shrine, showcasing their love for the team.
