New Web 3 Move from NBA

The world's largest basketball organization, NBA, announced its new Web 3 project, NBAxNFT. According to the statements, this initiative will combine basketball with topics such as NFTs, games and the metaverse, allowing basketball enthusiasts to interact on these topics.
 New Web 3 Move from NBA
READING NOW New Web 3 Move from NBA

We understand that the popularity of NFTs (non-fungible tokens) along with cryptocurrencies is increasing without slowing down, with new news on the subject every day. Although there are many doubts against these digital assets, the growing concept of the metaverse also enables NFTs to receive investments from different fields.

The world of sports is one of the areas where NFT moves are made. As we shared with you, NFT moves had come from football giants such as Barcelona, ​​AC Milan and Liverpool before. Now, a new step has been taken in this ‘digital change’ from another major sports branch.

New Web 3 project from the NBA: NBAxNFT

The world’s largest basketball organization, the NBA, recently announced the NFT initiative called ‘NBAxNFT’. The league, which started the playoff games last night and continued with great excitement, stated that the aim of this project is to combine basketball and Web 3; He stated that this would include games, NFTs and the metaverse. So in short, this initiative aims to bring Web 3 to basketball by enabling fans to interact about it.

First of all, let’s say that the giant organization had an initiative for digital assets before. The NBA has launched the NFT marketplace called Top Shot, built on the blockchain, in recent years. This platform allowed the most iconic moments in league history to be sold after being converted into NFTs. The new project that has been announced shows that the NBA wants to expand its steps on the subject and bring these technologies together with more basketball fans. Let’s also add to our words that there are signals that something in common may come soon with NBAxNFT’s Top Shot.

A Twitter account and a Discord channel have been opened for the new project. Let’s also mention that the Twitter account is described as ‘NBA’s Web 3 slot’, while the Discord account was established ‘to discuss everything in Web 3’. His Twitter account currently has 12.5 thousand followers, while Discord has more than 40 thousand basketball enthusiasts.

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