Tony Hawk to Auction ‘Ollie 540’ Stunt Footage on Ethernity Chain

Legendary skateboarder, Tony Hawk has jumped into the non-fungible token (NFT) mania and will be auctioning the video of his iconic ‘ollie 540’ stunt.

Hawk announced on Thursday that he will auction fresh footage of this stunt on Ethernity Chain, and it was the last time he performed this.

Legendary moments live on for Eternity @tonyhawk x @EthernityChain | info below : https://t.co/YkqRJiOKuK pic.twitter.com/TNqyNN8Vk1

— Ethernity Chain (@EthernityChain) March 18, 2021

“In 1989 I started trying ollie 540’s as a joke since it seemed there was no way to keep a skateboard on your feet throughout 1 1/2 spins in the air. But, at some point I started scooping the tail with my back toe, which kept my feet in place for most of the spin,” Hawk explained on an Instagram post.

“...my willingness to slam unexpectedly into the flat bottom has waned greatly over the last decade. So, today I decided to do it one more time…and never again.”

Though the post did not reveal the date of the NFT auction, he hinted that it will be on the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term in ‘the coming weeks.’

Known by his nickname ‘Birdman,’ Hawk is an American skateboarder and has pioneered many difficult tricks in his professional career.

The NFT Mania

The latest boom in the NFT world has equally attracted artists and other professionals to digitally sell their work and authenticate the transaction on the blockchain. The NFT space received a massive boost from the recent auction of Beeple’s art that was sold for $69 million.

The demand for NFT arts is so high that the traffic surge on OpenSea broke the website after the drop of BossLogic art on Ethernity Chain.

However, many are warning against this demand. Litecoin Founder, Charlie Lee even compared the NFTs to the 2017 Initial Coin Offering (ICO) Initial Coin Offering (ICO) An Initial Coin Offering (ICO) is a kind of crypto token sale that is used as a method of fundraising, similar to an Initial Public Offering (IPO), in which stocks are sold to raise money for a company.In order to launch an ICO, a company simply needs to create a website, issue a token, and set a time and date for the sale. Investors buy ICO tokens in exchange for another cryptocurrency, like Bitcoin or Ethereum; after a set amount of time, they receive the tokens they purchased in the sale.Acco An Initial Coin Offering (ICO) is a kind of crypto token sale that is used as a method of fundraising, similar to an Initial Public Offering (IPO), in which stocks are sold to raise money for a company.In order to launch an ICO, a company simply needs to create a website, issue a token, and set a time and date for the sale. Investors buy ICO tokens in exchange for another cryptocurrency, like Bitcoin or Ethereum; after a set amount of time, they receive the tokens they purchased in the sale.Acco Read this Term) bubble.