When blockchain meets NBA, the unexpected combination
Original title: "THE NBA blockchain aspirations"
Originally written by Justine Lu
It is often said that whether blockchain can truly fly into the home of ordinary people depends on whether there is a killer app. In addition to the financial industry, a growing number of well-known entertainment projects are also embracing blockchain technology. This article will introduce the world's highest hall of basketball - NBA in the block chain technology application.
To pay for NBA game tickets and merchandise in Bitcoin
The Dallas Mavericks officially became the second team to accept Bitcoin in August 2019, after the Sacramento Kings began accepting bitcoin for tickets to their games in 2014. They believe that the cash-flow payment chain provided by BitPay, the world's largest cryptocurrency payment service, makes it easier for their fans from around the world to pay for tickets or goods across borders.
Interestingly, Cuban, the team's owner, is himself a cryptocurrency investor, having invested in cryptoasset Investment fund 1Confirmation and gaming platform Unikrn, among others.
Golden 1 Center, the Kings' high-tech home
As we move, we dig
Cuban, the owner of the Aforementioned Dallas Lone Ranger team, is himself a believer in blockchain. A press release with Lympo was published on the team's blog in 2018. Lympo is a fitness management app based on blockchain technology. Through "health token", you can win LYM coin if you complete a task or a challenge from a friend.
In addition to being listed on popular trading platforms such as Huobi, LYM COINS can also be exchanged for sports goods, NBA tickets or gift CARDS sold on Lympo.
Mine for charity
As one of the NBA's biggest embrace of new technology, the Sacramento Kings launched MiningForGood, a mining charity, in 2018. The Kings set up a mining machine at their proud high-tech home, Golden 1 Center, and the ETH will be used to help local charities in Sacramento. Vivek Ranadive, the boss of the Kings, hopes that the project will contribute to the development of Labour and education in science and technology, and that the next generation of global thinkers and innovators will bring new changes to their communities. He says:
"Opportunity begins when technology allows the world to find innovative solutions to complex problems.
Opportunities arise when technology is able to find innovative solutions to the world's complex problems. " - Vivek Ranadive
Golden 1 Center "S Tier 4 data Center
Blockchain-based competition and guessing games
The game "Call the Shot", a competition guessing game cooperated by the Kings and MGM in 2016, was integrated into the Sacramento Kings + Golden 1 Center app, and in 2019 it cooperated with Blockparty to launch the FIRST ENHANCED version of the NBA's virtual reward based on blockchain. Blockparty will track fans' history of guessing games in 'Call the Shot' and count the virtual wallets that will be credited to the app. These points are not transferable and cannot be exchanged for cash, but they can be exchanged for stars' signatures, merchandise, tickets and other prizes.
Vivek Ranadive, the team's owner, is hoping that blockchain technology will make multi-party deals safer and more credible. The game was launched in the 2019-20 season.
A virtual reality NBA NFT doll
In addition to accepting bitcoin payment, mining for charity, and guaranteeing the fairness of the guess competition, the Kings also cooperated with CryptoKaiju, a block chain virtual reality doll team, on the NFT team doll plan. They started an interactive treasure hunt in November 2019, giving away one of 100 limited-edition dolls, 15 of which will enjoy fantastic gifts such as courtside tickets, VIP Tours and merchandise signed by soccer stars. Each NFT doll is equipped with AN NFC chip. Scanning will show each doll's unique NFT ID card, and the information is recorded on the memory block chain to ensure the rarity of the doll.
The Kings worked with CryptoKaiju on NFT virtual reality dolls
NBA Top Shot - The NBA's official NFT player card
CryptoKitties development team Dapper Labs announced in late July 2019 that they will launch a CryptoKitties collectible game NBA Top Shot in 2020 in collaboration with the NBA. Like NBA2K games, the player card number changes and the collection value changes depending on the player's performance each season.
Using the memory block chain technique to make the ball CARDS into NFT CARDS ensures that each card is unique. Players can collect player CARDS from different seasons, see the card information and value in real time, and trade CARDS at any NFT auction and with fans from all over the world to add to the fun. At present, the game has entered the phase of private testing.
NBA Top Shot
conclusion
In addition, the partnership with cryptocurrency also includes an official partnership between the Cleveland Cavaliers and UnitedCoin.
, in particular, the Kings is not just love block chain technology, through the concatenated of 5 g high-speed network, AR interactive games, VR, courtside watch, AI no one in the shop, stadium, and the robot for you at any time should pay attention to the hot dog accidentally dropped need to buy a, or very concerned about environmental protection equipment, and environmental protection, even using their home Golden 1 Center all solar powered, 90% of food using local supply of products.
As for has long been speculation STO (tokens) securities, also have the nets star dinwiddie announced in September 2019 will be signed by your own with the team for 3 years, a total of $34 million worth of contracts, some in the form of stock type tokens created in the issue of investment platform "DREAM FanShares" on, as long as you can in two years, in net worth more than $1 million; Or within two years, an income of more than $200,000 qualifies as an investment. The NBA, however, considers it a violation of the league's collective bargaining agreement and plans to boycott the plan.
Although the NBA is resistant to the STO's, it is open to using blockchain technology in terms of payments, in-game guessing, merchandise and so on. It is hoped that through the popular NBA games, the public will be interested in blockchain technology and join it. After all, it doesn't matter to the average person what the underlying technology is or whether they understand it. What matters is whether it's fun, whether it makes our lives more convenient, and whether it makes our lives better.
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