Go to Source Author: Max Stretton Rapper turned entrepreneur’s three-on-three league using blockchain to sell shares at $5,000 and $25,000By Kim Bhasin, BloombergThe Big3 basketball league will open team ownership to fans in an effort to raise funds and get supporters more involved in league activities.Investor options include tiers of $5,000 or $25,000 as the league looks to attract tens of millions of dollars in fresh funding. Those who buy in will get voting rights, VIP tickets to all games, a percentage of a future team sale, and first rights to expansion teams, while the higher level also includes certain intellectual property and licensing rights to team names and logos.Fan ownership has long been used as a way to raise funds and boost fan involvement.

Go to Source Author: Max Stretton The 3-on-3 league will fractionalize team ownership with NFTs, plus plenty of perks included. Ice Cube speaks to Decrypt about the move.By Andrew Hayward, DecryptIn briefBIG3, a professional basketball league, will fractionalize team ownership via NFT collectibles.League co-founder Ice Cube spoke to Decrypt about BIG3’s NFT plans.The BIG3 basketball league does things differently than the NBA, with 3-on-3 matches, four-point shots, and teams that aren’t tied to cities. And now, the league that rapper and actor Ice Cube co-founded in 2017 is ready to rethink team ownership too—using NFTs.Today, BIG3 announced it will offer ownership stakes in its 12 teams in the form of NFT collectibles, effectively fractionalizing ownership on-chain. Each team will have 1,000 total NFTs

Go to Source Author: Max Stretton League to provide extensive benefit options to owners never before seen in professional sports, including IP rightsLOS ANGELES – April 4, 2022 — Today, the BIG3 announced an innovative, new approach to team ownership in professional sports. The league will introduce decentralized team ownership, providing fans with the chance to own a stake in the 12 teams in the BIG3. Fans will have two ownership options comprised of 1000 editions – 25 Fire priced at $25,000 each and 975 Gold priced at $5,000 each.All editions include voting rights towards team actions, priceless gameday experiences and VIP tickets to all games, and limited-edition team, league, and championship merchandise and memorabilia. Fire editions also include exclusive intellectual property

Go to Source Author: Max Stretton It’s the dream of every sports fans to one day have an ownership interest in their favorite team.For the average fan, it’s enough trouble affording tickets to a game, let alone gaining access tolegitimate sports league investment opportunities. As the market for professional sportsgrows, valuations are so high that only the extraordinarily rich and elite have the means toinvest. By embracing the future where others want to hold it back, BIG3 aims to change thissad reality.Now in its fifth season, BIG3 has already overcome numerous obstacles on its way to becomethe first sports league to succeed since UFC. Despite the NBA and others putting barriers in ourway, we have thrived through innovation. BIG3 listens to the

Go to Source Author: Max Stretton Chicago Tryouts are on April 9th. Chicago is your last chance to earn a trip to the combine. Register here: big3.com/tryoutsPhoenix Tryouts showcased some high level talent. Thank you to everyone for coming out and competing for a spot at the combine. The evaluators narrowed down their choices to the top two guys at Tryouts and chose Victor Evans and Jaron Hopkins. Congratulations to them for earning their spots in the BIG3 Combine in Las Vegas!Check out all the action from Phoenix Tryouts below:The post Watch: Phoenix Hoopers Bring the Heat at BIG3 Tryouts appeared first on BIG3.Go to Source Author: Max Stretton

Go to Source Author: Max Stretton By Ian GarciaIce Cube’s BIG3 basketball league held its third open tryout date Saturday as players competed for an all-expenses-paid trip to the BIG3 Combine in Las Vegas.After stops in Dallas and Washington, the BIG3 made its way to Victorium in Scottsdale to evaluate some of the best players in the West. Players showcased their skills in front of league representatives, including BIG3 Director of Basketball Operations Thomas Scott and Arizona Wildcats legend Mike Bibby, one of the league’s inaugural team captains in 2017.“This is a free chance to go out there and show your game to be able to play on TV, play against pros and be able to make some good money doing it,”

Go to Source Author: Max Stretton Victor Evans and Jaron Hopkins proved that they deserve a spot in the BIG3 Combine. Register Now For Tryouts in Chicago on April 9th: https://big3.com/tryouts/ The West Coast hoopers put on a show at Tryouts in Phoenix. From the start of tryouts, guys were throwing down monster dunks. Christon Staples, a former Harlem Globetrotter and current professional dunker put on a show during the individual drills. Combine ticket winner Victor Evans also threw down some big dunks. Victor Evans and Christon Staples putting on a dunk contest! #BIG3Tryouts pic.twitter.com/pM0JmgIyqN— BIG3 (@thebig3) March 19, 2022In the one on one part of tryouts Asaad Woods consistently created space and knocked down shots with a clean jumper. Cullen Russo, a 6’9” forward

Go to Source Author: Max Stretton Phoenix Tryouts are going down today at Victorium. Register here: https://big3.com/tryouts/Chicago Tryouts are April 9th. Register with the same link above.The post Attention Phoenix: Today is Your Last Chance to Register for Tryouts appeared first on BIG3.Go to Source Author: Max Stretton

Go to Source Author: Max Stretton Phoenix Tryouts are this Week! Register HereDC Tryouts showcased a ton of high level talent from the DMV area. Thanks to everyone for showing up and competing for their spots. The evaluators had to narrow down their choices to the top three players who would cash their tickets to the Combine in Las Vegas.Congratulations to Delonte West, Kevin “Uncle Skoob” Kuteyi, and Artur Labinowicz for earning their tickets to the 2022 BIG3 Combine in Las Vegas! Check out all the action from DC Tryouts below:The post Watch: DMV Hoopers Show Out at BIG3 Tryouts appeared first on BIG3.Go to Source Author: Max Stretton

Go to Source Author: Max Stretton Delonte West proved he could still ball at Tryouts in Washington DC. He earned his ticket to the BIG3 combine in Las Vegas. West showed some crafty handles and an automatic mid-range game throughout the scrimmages.We caught up with him as he reflects on this moment.The post Watch: Delonte West: DC Tryouts Spotlight appeared first on BIG3.Go to Source Author: Max Stretton