NBA Rolls Out An Initiative: Web3 Home For The Professional Basketball League

web 3.0 NFT

  • The North-American Professional Basketball League NBA announces its NFTs Initiative focused on Web3. 
  • They are showcasing all things intersecting basketball and web3, including NFTs, gaming, and the metaverse, highlighted by the official Twitter account. 
  • Less than a week ago, the NBA’s Golden State Warriors announced the launch of a 2022 Playoff responsive NFT collection.

The National Basketball Association (NBA) has recently announced the launch of its Non-Fungible Tokens (NFTs) initiative by the name NBAxNFT. 

Official Web3 Home For NBA

After the significant collection NBA Top Shot and the upcoming Golden State Warriors 2022 Playoff responsive NFT collection. The Basketball League has initiated NBAxNFT, which has a Twitter account and Discord channel as of now. 

NBAxNFT is being addressed as the official Web3 home for NBA. According to the Professional Basketball League, the focus is to showcase all the things intersecting basketball and Web3, comprising gaming, Metaverse, and NFTs. 

According to the Official Twitter account of the initiative, thanks to all those who have followed. And that they are excited to utilize the space to share all things NBA basketball and Web3. They are looking forward to engaging with their community and partners like NBA Top Shot.

The newly rolled out Discord channel already has over 35,000 members and the NBA highlights that the 2022 Playoff NFTs will be released this weekend.

With respect to the NFT collections, the Dapper Labs’ NBA Top Shot NFT collection holds the ninth position by all-time sales volume. 

Less than a week ago, the NBA’s Golden State Warriors announced the launch of a 2022 Playoff responsive NFT collection. 

This seems to be optimistic news for the NBA enthusiasts. More and more entities are getting open to the next iteration of the internet. Web3 or as many call it, “Serenity,” is considered the evolution of the internet we are using today (Web2). It is to look forward to how NBA evolves with the concept. 

Source: https://www.thecoinrepublic.com/2022/04/17/nba-rolls-out-an-initiative-web3-home-for-the-professional-basketball-league/