Decentralized autonomous organizations (DAOs) have been buying excessive ticket objects over the past 12 months and on April 28, the Degods DAO revealed it acquired a Big3 skilled basketball group known as the “Killer 3s.” The Big3 skilled basketball league was based by the American rapper Ice Dice and Big3 determined to promote the rights tied to the group by leveraging non-fungible token (NFT) belongings.
Big3 Staff the Killer 3s Bought for 25 NFTs
Based on experiences, a decentralized autonomous group constructed on the Solana community known as Degods DAO has bought a Big3 skilled basketball group. Big3 is a basketball league crafted by the hip-hop mogul and actor Ice Dice and the league’s video games are primarily based on a 3-on-3 basketball match type. Just lately, the Big3 determined to promote the rights to a group known as the “Killer 3s” through the use of NFT expertise.
The DeDAO has acquired knowledgeable basketball group. pic.twitter.com/TgcwKy9tLU
— DeGods (33.3%) (@DeGodsNFT) April 28, 2022
Primarily, the Big3 league determined to promote 25 Fireplace-tier NFTs for $25K per unit. The NFTs give the house owners rights to Killer 3s’ licensing, mental property (IP), and league-approved merchandise. Degods DAO acquired the Killer 3s group for about $625,000 by buying all 25 NFTs tied to the Killer 3s. Degods DAO tweeted concerning the acquisition on April 28 and shared a video that stated: “Now let’s win a f***ing championship.”
Decentralized Autonomous Organizations Proceed to Bid on Excessive Ticket Objects
Degods DAO follows quite a lot of DAOs shopping for excessive ticket objects like properties, franchises, NFT collections, and IP rights. As an example, a DAO bought an unreleased Wu-Tang Clan file known as “As soon as Upon a Time in Shaolin.” One other DAO not too long ago revealed it needed to buy fast-food eating places and a DAO known as “Purchase the Broncos DAO” tried to boost $4 billion to purchase the Denver Broncos. Many tried purchases have failed, just like the Structure DAO, which tried to purchase an outdated copy of the U.S. Structure however misplaced the public sale.
Degods is a well-liked Solana NFT venture that has seen 397,300 SOL or $37,234,956 value of NFT gross sales quantity. The gathering has 4.5K house owners and the present ground worth is $28,162 or 300.5 SOL. “A deflationary assortment of degenerates, punks, and misfits. Gods of the metaverse [and] masters of our personal universe. Powered by the Solana Blockchain,” Degods’ description on Opensea explains.