Snoop Dogg Purchases Ethereum Ownership NFTs in Ice Cube’s BIG3 League

Snoop Dogg Purchases Ethereum Ownership NFTs in Ice Cube’s BIG3 League

Last month in April entrepreneur Ice Cube announced that as the BIG3 approaches its fifth season, the professional basketball league was giving fans an opportunity to own a minority stake in its 12 teams. Cube’s big homie, Snoop Dogg decided he’d purchase a stake and did so just last week.

The BIG3 announced that the “Dogfather” and the co-founder of PayPal, Ken Howery have partnered up to purchase 25 Fire-Tier editions of Bivouac, receiving ownership-like value and utility in the team.

“We are absolutely thrilled to have Snoop, Ken, and their communities on board with the BIG3,” said BIG3 co-founder, Ice Cube in a written statement. “Having someone with Ken’s knowledge and experience wanting to be a part of our league demonstrates that we are moving in the right direction. Snoop is an undisputed legend who has jumped headfirst into the Web3 space and clearly understands the importance and the value of what we are trying to create. Together, I know they will take Bivouac to new heights and we can’t wait to get started.”

This recent purchase comes after the BIG3 announced that NFT communities DeGods, Gary Vaynerchuk and VeeFriends, Bill Lee and MyDoge/DogeCoin, and Krause House have all individually bought all 25 Fire-Tiers of the Killer 3’s, Trilogy, Aliens and Ball Hogs basketball teams.

In a move that was being hailed as a first in professional sports, the BIG3 presented decentralized team ownership. Anyone interested in team ownership had two options comprised of 1,000 editions: 25 Fire priced at $25,000 each and 975 Gold priced at $5,000 each.

With ownership, all editions will include voting rights toward team actions, gameday experiences, and VIP tickets to all games as well as merchandise and memorabilia. Also included in the Fire editions are exclusive intellectual property and licensing rights to team names, logos, and merchandise as well as additional game day activations.

BIG3 is returning for its fifth season on June 18 with coverage live across CBS and Paramount+.

Snoop Dogg Purchases Ethereum Ownership NFTs in Ice Cube’s BIG3 League

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