• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
DeGods
Advertisement

DeGods DAO Buys $625,000 Basketball Team In Ice Cube’s Big3 League

Christian Encila by Christian Encila
1 year ago
in Blockchain, NFT
0
Advertisement
Advertisement

High-ticket items have been on the shopping list of decentralized autonomous organizations (DAOs) over the last 12 months, and on April 29, the DeGods DAO announced the acquisition of a BIG3 professional basketball club dubbed the “Killer 3s.”

The DeGods DAO purchased all 25 of Killer 3s’ so-called ‘fire-tier’ NFT ownership shares. Each NFT costs $25,000, totaling approximately $625,000, DeGods announced.

Claim the JACKPOT with 55 FREE SPINS. Signup today to redeem your bonus.

These tokens grant owners the right to license and intellectual property rights in connection with team names, products, logos, and other game-day promotional campaigns.

The DeDAO has acquired a professional basketball team. pic.twitter.com/TgcwKy9tLU

— DeGods (33.3%) (@DeGodsNFT) April 28, 2022

Suggested Reading | VR Metaverse Sculptor Believes NFTs Can ‘Democratize’ Imagination

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

DeGods DAO Enters The Hardcourt

Meet-and-greets with players and coaches, autographed memorabilia, access to practices and after-parties, and phone calls with Ice Cube, Kwatinetz, and commissioner Clyde Drexler are also included.

DeGods has also gained the ability to whitelist up to 500 of the 975 gold tier NFTs for purchase by its members.

These NFTs offer VIP access to all matches, special edition items, voting privileges, phone calls with captains, coaches, commissioners, and referees, as well as a championship ring for winning team owners, who will also receive a share of future team sales.

Crypto total market cap at $1.73 trillion on the daily chart | Source: TradingView.com

BIG3 is a basketball league founded by Ice Cube, a hip-hop mogul and actor. The league’s games are played in the style of a three-on-three basketball competition.

Frank DeGod, the creator of DeGod, was reported as saying:

“This is perhaps the most exciting experiment now taking place in the NFT sector… it’s cool because owning and controlling a basketball team is a fantasy shared by millions of people. Now, we have the opportunity to make that goal a reality for our holders.”

DAOs leverage smart contracts and a set of rules to empower collectives with decision-making authority, rather than an individual or a centralized entity.

Cube

The BIG3's embrace of this new technology is in line with a league that is always on the cutting edge of social trends. (Image credit: Clutch Points)

Basketball And The NFTs Era

The rules, as well as any actions conducted, are recorded and validated using blockchain technology, theoretically ensuring a high level of transparency.

The rosters were formerly determined by the captains and coaches — however team chief executives, presidents, and vice presidents will now be chosen from among Fire stakeholders — and the games are held in a variety of places throughout the summer.

“Right now, we are living in the NFT era,” Ice Cube, who recently purchased 265 of DeGods’ NFTs, explained.

The BIG3’s embrace of this emerging technology is consistent with a league that is frequently on the cutting edge of social trends.

“It’s a period when fans can actually purchase a piece of any of the BIG3 teams or all of the BIG3 teams via the blockchain,” the rapper continued.

Featured image from Bitcoin News, chart from TradingView.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Christian Encila

Christian Encila

Related Posts

Blur Blend Loan

More NFT Holders On Blur Are Taking Loans, Not Trading

3 days ago
DASH Down

Dash Blockchain Collapses After A Botched Upgrade

6 days ago
NFT sells for $2.5 million

Broke To Big Bucks: Bankrupt Crypto Firm’s NFT Assets Sell For $2.5 Million At Auction

1 week ago
Blockchain

Blockchain Plans Scrapped By Australian Stock Exchange – Here’s Why

1 week ago
NFTs

Are We Witnessing A NFT Capitulation? Market Sees Biggest Drop Of 2023

2 weeks ago
Elon Musk

Elon Musk Effect: Miladys NFT Floor Price Skyrockets Because Of This Tweet

3 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Making Green or Being Ecofriendly: AltSignals Presale Wins...

    2 hours ago
  • Bware Labs Launches $INFRA Token, making high API...

    3 hours ago
  • This Polygon (MATIC) rival is predicted to reach a $1B...

    4 hours ago
  • The Hype of the InQubeta (QUBE) Presale is so Impressive...

    4 hours ago
  • Can Cardano Reach $1 In The Next 3 Months? Tradecurve Has...

    6 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.