fri 29 Apr 2022 ▪ 17:30 ▪
min reading – per
The DeGods NFT DAO has confirmed the acquisition of the Killer 3s professional basketball team from the Ice Cube Big 3 League. The latter being a legendary rapper who became the owner of the DeGods NFT #3177 rated at 365 Solana (SOL).
The DAO of DeGods NFT takes advantage of the splitting of the Big3 teams
At the moment, no official information has leaked as far as theacquisition by the DAO of DeGods NFT of the Killer 3s basketball team. But we can cite their tweet published on April 28 announcing the outcome of the negotiations.
The post in question includes a video highlighting the talent of the players of Killer 3s, a team from the Big3 league. For your guidance, we would like to clarify that this is aa 3-on-3 basketball league. Its owner is none other than the rapper Ice Cube who, lately, has made no secret of his intention to split the ownership of the teams by issuing NFTs.
Here is the content of this famous tweet :
« DeDAO has acquired a professional basketball team. »
Killer 3 s, Big3 and Ice Cube
We pointed out above that the Big3 is a league with a dozen teams, including Killer 3s. Founded by Ice Cube and Jeff Kwatinetz, this league develops an original concept of half-court basketball. In practice, competitions are organized in particular on the principle of “ 4-point shot, with three 4-point circles beyond the 3-point line ». Wholesale, the Big3 League places a lot of emphasis on innovation, entertainment and players.
We would also like to inform you that Ice Cube has just acquired the DeGods NFT #3177. In a video shared this morning on Discord, he touched on a broader idea of letting NFT communities buy majority stakes in teams.
« We thought about this question: should a community have a team like that? And the answer is yes, especially if it’s the right community […]. The league needs these communities, and these communities want to become and develop the league. »
Of course, he added that not all teams in the league will adopt the same approach and that many tokens remain accessible to the greatest number.
It should also be noted that Big3 is planning another sale of the ownership shares of the NFT teams in May.
DeGods DAO will authorize the use of the DUST token
Given the absence of official communication regarding this acquisition, the DeGods team provided explanations via a tweet. The clarifications provided being theissuance of banknotes, derivatives and partial ownership of Killer 3s using the DUST token.
Here’s what they said about it :
« We plan to offer notes, derivatives and ownership shares in DUST (and much more). We will empower our community to use intellectual property to create independent sources of income. [Puis], dowe will be hosting a Twitter Spaces with @icecube and @JeffKwatinetz tomorrow at 15 PST to announce all the details. »
Otherwise, in an interview, Frank DeGods, founder of the DeGods NFT project, explained that it was “ probably the most fascinating experience in the entire NFT space at the moment. »
Then, he added that millions of people now have a chance to own a basketball team. Enough to allow them to realize their dream.
The screenshot below highlights his vision of owning a basketball team.
Several issues remain unresolved, including the affiliation of the NFT DeGods project to Solana (SOL). Or the quantity of Fire-level NFT shares of Killer 3s bought by the DAO which amounts to 25 units. Which will allow access to a total of 500 places (out of the existing 975) on the “ whitelist ”to make the mint Gold-level NFTs from the team. We also take advantage of this conclusion to reveal to you that the NFTs of the teams gathered within the Big3 League will be minted on Ethereum (ETH).
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