PGA and Autograph To Release New Golf Archive NFT Platform

The platform still operates in the “closed marketplace” genre of the NFT industry, seen as the more corporate counterpart to decentralized trading on marketplaces like OpenSea and Magic Eden. Closed marketplaces only allow for trading within their platform, not allowing users to transfer their collectibles to third-party wallets. Nevertheless, these types of partnerships have led to big payouts for their involved parties, with platforms like Autograph often netting hundreds of thousands of dollars with every new collection release.

Source: https://www.coindesk.com/business/2022/09/19/pga-tour-links-with-autograph-for-multi-year-nft-platform-partnership/?utm_medium=referral&utm_source=rss&utm_campaign=headlines