Panini Blockchain is Panini America’s NFT platform for officially licensed digital trading cards, letting collectors buy, own, and trade verifiably authentic digital versions of Panini’s sports cards — some paired with a redeemable physical card. Panini NFT drops have become a regular fixture for collectors since the platform launched in 2019, processing over $166 million in all-time sales across more than 65,000 unique buyers. But the ground under it has shifted: Panini’s NBA license transferred to Fanatics in October 2025, and its NFL license expired on March 31, 2026, meaning two of the leagues that built Panini Blockchain’s early appeal are no longer part of it. This guide breaks down how the platform actually works, what you can still get on it, and what its licensing losses mean for collectors going forward.