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Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs – Bitcoin News

by dappsdigest_3v5cbl
May 1, 2022
in Bitcoin
0

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Ice Cube's Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs

Decentralized autonomous organizations (DAOs) have been buying excessive ticket gadgets over the past 12 months and on April 28, the Degods DAO revealed it acquired a Big3 skilled basketball group known as the “Killer 3s.” The Big3 skilled basketball league was based by the American rapper Ice Dice and Big3 determined to promote the rights tied to the group by leveraging non-fungible token (NFT) belongings.

Big3 Group the Killer 3s Offered for 25 NFTs

In line with reports, a decentralized autonomous group constructed on the Solana community known as Degods DAO has bought a Big3 skilled basketball group. Big3 is a basketball league crafted by the hip-hop mogul and actor Ice Dice and the league’s video games are primarily based on a 3-on-3 basketball match fashion. Not too long ago, the Big3 determined to promote the rights to a group known as the “Killer 3s” by utilizing NFT expertise.

The DeDAO has acquired knowledgeable basketball group. pic.twitter.com/TgcwKy9tLU

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

Primarily, the Big3 league determined to promote 25 Fireplace-tier NFTs for $25K per unit. The NFTs give the house owners rights to Killer 3s’ licensing, mental property (IP), and league-approved merchandise. Degods DAO acquired the Killer 3s group for about $625,000 by buying all 25 NFTs tied to the Killer 3s. Degods DAO tweeted concerning the acquisition on April 28 and shared a video that stated: “Now let’s win a f***ing championship.”

Decentralized Autonomous Organizations Proceed to Bid on Excessive Ticket Gadgets

Degods DAO follows various DAOs shopping for excessive ticket gadgets like properties, franchises, NFT collections, and IP rights. As an example, a DAO purchased an unreleased Wu-Tang Clan report known as “As soon as Upon a Time in Shaolin.” One other DAO lately revealed it needed to buy fast-food eating places and a DAO known as “Purchase the Broncos DAO” tried to boost $4 billion to purchase the Denver Broncos. Many tried purchases have failed, just like the Structure DAO, which tried to purchase an outdated copy of the U.S. Structure however misplaced the public sale.

Degods is a well-liked Solana NFT mission that has seen 397,300 SOL or $37,234,956 price of NFT gross sales quantity. The gathering has 4.5K house owners and the present ground value is $28,162 or 300.5 SOL. “A deflationary assortment of degenerates, punks, and misfits. Gods of the metaverse [and] masters of our personal universe. Powered by the Solana Blockchain,” Degods’ description on Opensea explains.

Tags on this story
American rapper, basketball team rights, Big3, Big3 Basketball, Big3 professional basketball, Degods, Degods DAO, Degods NFTs, Ice Cube, Ice Cube Big3, ip, Killer 3s, merchandise, nft, NFTs, Non-fungible Token, Opensea, professional basketball team, rights, SOL, Solana, Solana (SOL), unreleased Wu-Tang Clan record

What do you consider a DAO shopping for a Big3 skilled basketball group by buying 25 NFTs? Tell us what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at the moment.




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