The battle for professional wrestling dominance between All Elite Wrestling (AEW) and World Wrestling Entertainment (WWE) has spilled over into the web3 arena as AEW has decided to enter the Non-Fungible Token (NFT) space with the launch of their “AEW Sensations” digital tokenized collectibles. This move comes despite the declining engagement and interest in WWE’s Moonsault NFT, which was released earlier this year.
AEW’s foray into NFTs is part of their strategy to take market share from WWE and expand their presence in the digital realm. The AEW Sensations NFTs will feature digital art, audio, and video content connected to AEW’s wrestlers.
AEW’s Sensations NFTs offer a unique way for fans to engage with AEW’s roster and connect with the beloved characters in the wrestling world. This move is a bold one, especially considering the waning interest in the WWE’s own NFT venture. Time will tell if AEW’s NFTs will be successful, but the company is hopeful it will help draw in new fans and further cement their status as a major player in the professional wrestling world.