NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund backed by its parent’s company’s investment arm, Dapper Ventures, and a high-profile group of investors including Andreessen Horowitz, Coatue and Digital Currency Group, among others.
Tag: Technology
Despite the volatility, activity of …
Despite the volatility, activity of Flow is thriving. Flow saw daily transactions triple since September 2021 to over 700,000, and the number of active accounts on the network has shot up to a new all-time high of more than half a million this week, according to blockchain analytics platform Flowscan. Some of Flow’s most popular projects include sports collectibles such as NBA Top Shot and NFL ALL DAY.
Tampa Bay Buccaneers quarterback Tom …
Tampa Bay Buccaneers quarterback Tom Brady is a co-founder of Autograph, an NFT platform highlighting Brady and other stars of the sports world. Philadelphia 76ers star James Harden is getting in the Autograph business with a new NFT drop called “Untouchable,” which is part of the James Harden: The Way of the Beard Collection. The drop occurred just hours before Harden and the Sixers took on the Raptors in Game 1 of their first-round playoff series on Saturday. Brady took to Twitter to welcome Harden to the Autograph team.
The National Basketball Association …
The National Basketball Association (NBA) is digging deeper into Web 3, tipping off plans for non-fungible tokens (NFTs) in a series of April 7 trademark filings made public Monday. The filing, submitted by the NBA for “The Association,” covers a laundry list of virtual items including “game tickets, game programs, trading cards, collectibles, memorabilia, jerseys” and even “memes relating to the field of basketball authenticated by non-fungible tokens.”
The league also appears to be in …
The league also appears to be in possession of two Ethereum Name Service (ENS) domains – nba.eth and theassociationnft.eth – belonging to a wallet associated with Adrienne O’Keeffe, the league’s head of gaming and digital assets.
Dallas Mavericks guard Spencer …
Dallas Mavericks guard Spencer Dinwiddie has partnered with crypto payments startup Bitrefill to launch Bitsneaks, a sneaker with built-in 3G internet connectivity to livestream the price of Bitcoin. The sneaker has an LED display that shows the price of Bitcoin and the block height in real-time. The pricey sneaker costs 1 Bitcoin per pair (equal to about $40,000) and are being sold on bitsneaks.com.
Mark Cuban: My conclusion, @elonmusk is …
Mark Cuban: My conclusion, @elonmusk is f—— with the SEC. His filing w/the SEC allows him to say he wants to take a company private for $54.20 
Vs his “Am considering taking Tesla private at $420. Funding secured” Price go up. His shares get sold. Profit
SEC like WTF just happened.
Vs his “Am considering taking Tesla private at $420. Funding secured” Price go up. His shares get sold. Profit SEC like WTF just happened.She also acknowledged some “privacy …
She also acknowledged some “privacy concerns” regarding player-tracking data collected through wearable devices or the league’s Second Spectrum optical camera system. “It’s something that is used so that [players] can hone in on their skills, recognize when they are exhausted and when they can do things better,” Tremaglio said. But there are still some privacy concerns. We have to look at what that will mean going forward. It is certainly something that we are exploring.”
Digital collectible items created to …
Digital collectible items created to honor Gregg Popovich’s coaching career with the San Antonio Spurs sold for the equivalent of $200,000 — buyers used the cryptocurrency Ethereum — in the first 96 hours of an auction to raise funds for the San Antonio Food Bank. Money is still pouring in. The non-fungible tokens, or NFTs, remain on sale.
The team also started auctioning off …
The team also started auctioning off five NFTs representing each of the team’s championships under Popovich on the team’s website. Top bidders received the original hard copy of the play card, hand-drawn and autographed by Popovich, as well as up to four court-side tickets to a Spurs home game in the 2022-2023 season, courtesy of the San Antonio Food Bank.