The Degods DAO announced on April 28 that it had acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by American rapper Ice Cube, and Big3 decided to sell the rights to the team by leveraging non-fungible token (NFT) assets.
The Killer 3s, a Big3 team, was sold for 25 NFTs
Degods DAO, a decentralized autonomous organization-DAO based on the Solana network, has acquired a Big3 professional basketball team. Ice Cube, the hip-hop mogul and actor, created the Big3 basketball league, which is based on a 3-on-3 basketball tournament format. The Big3 recently used NFT technology to sell the rights to a squad known as the “Killer 3s.”
The Big3 league essentially chose to sell 25 Fire-tier NFTs at $25K each. The Killer 3s’ licensing, intellectual property (IP), and league-approved goods are all covered by the NFTs. The Killer 3s team was purchased by Degods DAO for about $625,000 by purchasing all 25 NFTs associated with the Killer 3s.
Decentralized Autonomous Organizations (DAOs) are still Bidding on High-Value items
Degods DAO tracks the number of DAOs that are investing in high-ticket commodities like real estate, franchises, NFT collections, and intellectual property rights. A DAO, for example, bought an unreleased Wu-Tang Clan album named “Once Upon a Time in Shaolin.”
Another DAO recently stated that it planned to buy fast-food establishments, and the “Buy the Broncos DAO” attempted to raise $4 billion to purchase the Denver Broncos.
Many attempted acquisitions have failed, such as the Constitution DAO’s attempt to purchase an original copy of the United States Constitution, which was unsuccessful at the bidding.
Degods is a popular Solana NFT project with 397,300 SOL in sales volume, or $37,234,956 in NFT sales volume. There are 4.5K people who own the collection, and the current floor price is $28,162 (or 300.5 SOL).
A deflationary assemblage of scumbags, punks, and misfits. Gods of the metaverse as well as controllers of our own world. Degods’ description of Opensea indicates that it is “powered by the Solana Blockchain.
Also Read: Fast-food Restaurants are being Purchased by Fries DAO with $5.4M in funding
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