Babe Ruth’s first MLB NFT hit the Ethereum blockchain in early October of 2018. Lucid Sight, Major League Baseball, and the Babe Ruth Estate held Dutch style auctions to sell four different versions of the Great Bambino.
Boston/Atlanta Braves 
New York 
Boston 
New York Ultra Rare
112 Total Babe Ruth NFTs are minted to the Ethereum blockchain. Cryptoslam.io ranks Babe Ruth’s 112 NFT mints first in Player/Event market cap for MLB Champions. Cryptoslam Player/Event market cap ranks top NFT assets based on CSV (Cryptoslam Value)
According to Cryptoslam.io, MLB Champions’ total market cap is close to $30,000,000 USD. The 112 Babe Ruth NFT population has a total CSV of $1.5 million USD and accounts for 5% of the total market cap of MLB Champions.
Gorilla math ($1.5 mil. Babe Ruth Mkt. Cap /112 mints) pegs an approximate CSV of $13,000 USD for each Sultan of Swat NFT. There are differences in the population – every mint is not equal. The 13 Ultra Rares, the varying uniforms/stances, and each mint number difference injects uniqueness to the population.
The Red Sox Ruth features the Babe in a pitching stance. The New York versions feature bats. The Braves Bambino is one of the only NFTs in MLB Champions that does not feature a glove or bat.
Like most events involved with the creators of the first MLB NFT, the 2018 Ruth drop was hectic. Extensive delays, lack of communication, and the inability to incorporate the historic NFT bonus structure into gameplay added significant doses of early adopter frustration to an otherwise neat NFT.
The biggest story that was missed on first write of this article are the 72 Babe Ruth NFTs sitting in a Lucid Sight controlled wallet. According to the promo, the Babe Ruth Estate was to receive “three of each version” of Ruth. Here comes the math.
4 Ruth NFT versions * 3 = 12 NFTs to the Babe Ruth Estate
72 Lucid Sight controlled Ruth NFTS + 12 Ruth Estate NFTs = 84 NFTs
112 Total Ruth NFTs – 84 = 28 NFTs
There are only 28 Babe Ruth NFTs that made it to auction. If anyone wants to do some digging, the Lucid Sight wallet address is here (Cryptoslam.io) and here (Opensea.io).
Twitter: @firstMLBnft
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