This week, another well-known celebrity joined the NFT bandwagon. Scottie Pippen, a Chicago Bulls great and NBA Hall of Famer, launched an NFT project that sold out in 77 seconds.

The "Scottie Pippen SP33" drop included 1,000 unique NFT metaverse-wearable sneakers for a mint price of 0.2 ETH ($241). The Ethereum-based NFTs are said to work with "almost any ecosystem."

According to OpenSea data, the floor price has since risen to 0.42 ETH ($507), with the project generating 211 ETH ($255,000) in trading volume since December 21.

A limited number of randomly selected hodlers will also receive additional benefits, with 33 receiving a physical pair of sneakers, two receiving the opportunity to play golf with Pippen, and one lucky person receiving a tour of Pippen's hometown followed by dinner.

The NFTs were created in collaboration with Web3 entertainment firm Orange Comet, which appears to have a solid format down pat after producing a collection for Sir Anthony Hopkins that sold out in seven minutes.