Category: NBA

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Esports team TSM suspends $210M sponsorship deal with FTX

TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX. Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week. The United-States-based esports organization made…
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NFT Market Decline Leads To Dapper Labs Laying Off 22% Of The Staff

Crypto Firms such as Dapper Labs are currently feeling the heat of these markets’ downturn. As per a report, Dapper Labs has lost more than 90% of its NBA Top Shot sales volume dating from February 2021 till now. It appears that the drop in the prices of digital currencies is not the only aspect…
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NBA Player Steph Curry Files Trademark for the ‘Curryverse’, Enables Fans to Earn Free NFTs

In what could mark another top athlete’s venture into digital assets, basketball player Stephen Curry recently registered a trademark application for ‘Curryverse’ with the U.S. Patent and Trademark Office…. Read More: NBA Player Steph Curry Files Trademark for the ‘Curryverse’, Enables Fans to Earn Free NFTs  Read more »Sign up for e-EUR – the progressive…
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Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs

NBA superstar Steph Curry filed a trademark application for the “Curryverse” metaverse on Oct. 26. National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26.  If approved, the United States-based trademark application, filed by SC30…
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Sorare Partners With NBA to Build a Licensed NFT Game

Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar agreements with North America’s Major League Baseball (MLB) and some…
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NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles

This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs, gaming, and the metaverse.” Professional Basketball and Web3 Collide Following the popular collection NBA Top Shot and…
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Nifty News: Meta wants 50% of NFT sales, Coke’s Metaverse flavor… and more

Meta’s latest steps into the Metaverse saw the launch of a new marketplace for apps and possibly NFTs which will take a nearly 50% commission on each sale. Meta has announced plans to charge 47.5% on each item sold on its new Meta Quest app store, including nonfungible tokens (NFT) when they are available. The…
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Golden State Warriors Commemorate 2022 NBA Playoff Run With a Responsive NFT Collection

On Tuesday, the NBA team the Golden State Warriors announced the organization’s second non-fungible token (NFT) collection to commemorate the team’s 2022 NBA Playoff run. The Warriors NFT compilation is being called “a responsive NFT collection” as the NFTs will change based on real performance. Golden State Warriors to Launch 2022 Playoff NFT Collection Featuring…
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NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand

American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s advertising content. Kevin Durant Joins Coinbase NBA legend Kevin Durant, otherwise known as “KD,”…
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