BIG3 Fire-Tier editions bought in biggest Dogecoin transaction ever

BIG3 premier global league announced that Bill Lee, co-founder of Craft Ventures, bought 25 Fire-Tier editions of their Aliens using Dogecoin (DOGE/USD), which is the biggest commercial transaction in history for the cryptocurrency, Invezz learned from a press release.

Bill Lee is the founder and chairman of MyDoge, a self-custodial Dogecoin wallet. He is incorporating Dogecoin and MyDoge into the fold.

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

A game changer

BIG3 co-founder Jeff Kwatinetz said:

Having buy-in from Bill, who has done so much in the NFT and crypto world, confirms what we are doing here is a game-changer. We are thrilled to partner up with Bill and have the MyDoge and Dogecoin communities be represented by the Aliens. We have made history with this transaction, and we hope it inspires others in the Doge world to support the team whether by purchasing the Gold-Tiers, by attending games, or by tuning in.

Leveraging blockchain to sell NFTs

The NFT transactions reflect the BIG3’s new model of ownership, which they announced earlier this year. The new approach takes advantage of blockchain technology to sell NFTs which offer ownership-like benefits.

Bill Lee’s team will integrate Dogecoin and MyDoge so that coaches, players, and teams can get tips in Dogecoin with a tweet on Twitter. What’s more, Aliens will feature Dogecoin and MyDoge prominently during team events and broadcasts and on team jerseys.

Bill Lee added:

While others are buying NFT images of apes and owls, I believe that NFTs with utility are the next frontier.  It is a dream to own a basketball team and the BIG3 is shifting the NFT game by offering ownership rights such as licensing/IP, team voting/management, and merchandising. The Doge Army and I look forward to making Dogecoin the people’s currency while helping our team hoist the championship trophy. I can’t think of a better NFT experience than that today.

About BIG3

BIG3 features many of the most beloved, greatest, and most skilled professional athletes of all time. It was founded by entertainment executive Jeff Kwatinetz and Ice Cube, the producer, actor and music legend. The league combines fast, highly competitive, physical game experiences and amazing fan experiences.