Finance

Dogecoin Wallet App, Basketball DAO To Take Over BIG3 Team Shares Through NFTs

05/05/2022
Bitcoin Ethereum News

Dogecoin Wallet App

  • Krause House DAO as well as investor Bill Lee’s MyDoge wallet are acquiring into the basketball league of Ice Cube via Ethereum NFTs.
  • The projects are gonna make team decisions, make merchs, and have branding opportunities in three on three pro league.
  • MyDoge plans to implement an attribute that lets viewers and fans tip BIG3 teams, players and coaches with Dogecoin.

More Investors In BIG3

After previous week’s report regarding DeGods, a Solana NFT project, will take over a team in actor and rapper Ice Cube’s BIG3 basketball league, a couple of Web3 projects have signed in to conduct the same. One is a DAO that was created to try and acquire an NBA team, and a Dogecoin wallet application from notable technology investor Bill Lee.

BIG3 made an announcement today that a DAO titled Krause House, founded previous November with aspirations to take over an NBA team — will acquire a commanding ownership stake in one of the 12 teams playing in the league.

Krause House will take over the stakes in Ball Hogs, a team coached by Rick barry, a retired NBA champion.

Also today, the league unveiled that Lee acquired controlling shares in Aliens, another BIG3 team, and made full payment in Dogecoin. The league marked this as the “greatest commercial transaction in history” for the top top meme coin.

MyDoge Pegged Team

Lee is the discovering chair of MyDoge, a Dogecoin wallet application, which will be pegged into team. MyDoge branding will be featured in Aliens jerseys, in BIG3 broadcasts and during events.

In addition, MyDoge strategizes to implement as attribute which lets viewers and fans tip BIG3 teams, players and coaches with Dogecoin on Twitter.

MyDoge and Krause House are taking over their respective shares through latest NFT ownership initiative of BIG3, where three on three basketball league provide ownership interest in form of Ethereum NFTs.

An NFT serves as a blockchain supported proof of ownership, and in this scenario will exhibit a stake in BIG3 team, with a range of perks offered to owners.

Source: https://www.thecoinrepublic.com/2022/05/05/dogecoin-wallet-app-basketball-dao-to-take-over-big3-team-shares-through-nfts/