and JazzBitcoin.comBlockchainBTCCelticsCryptoJoe TsaiKingsMark CubanNBANBA blockchainNBA Blockchain Advisory CommitteeNetsRyan SweeneySteve PagliucaTed LeonsisVivek RanadiveWizards

A Crypto-Infused Professional Sports League: Billionaires Form a Blockchain Advisory Committee for the NBA

A number of National Basketball Association (NBA) team owners have formed an NBA blockchain advisory committee for the American professional basketball league. The advisory committee is composed of well known billionaires and blockchain advocates who own the teams the Nets, Mavs, Wizards, Celtics, Kings, and Jazz.
Billionaire NBA Team Owners Invoke a Blockchain Advisory Committee for the National Basketball Association
The American professional basketball league, the NBA, may incorporate blockchain and crypto solutions into the industry in the near future. contributors Scott Soshnick and Eben Novy-Williams discussed the new NBA blockchain committee with one of the members, Dallas Mavericks owner Mark Cuban.
Soshnick and Novy-Williams also mentioned the popular Flow blockchain application backed by Dapper Labs, which has been producing “NBA Top Shot” non-fungible token (NFT) assets. The Sportico authors say that NBA Top Shot sales have been very productive producing $300 million in sales on resale markets so far.
“It has very little to do with Top Shot,” Cuban told the publication via email. “It’s about blockchain applications, of which Flow is just one option.” The group’s members were verified by “multiple people familiar with the plans” the Sportico reporters note.
Ostensible members of the NBA blockchain committee include Mark Cuban, Joe Tsai, Ted Leonsis, Steve Pagliuca, Vivek Ranadive, and Ryan Sweeney. “The NBA declined to comment,” on the subject Soshnick and Novy-Williams highlighted.

Story continues on

Related posts
Bitcoin.comBitmaxPress ReleaseUMBUmbrella

Umbrella to List UMB Token With BitMax

PRESS RELEASE. (, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of UMB Tokens (UMB) under the trading pair of UMB/USDT on March 10th at 9:00 a.m. EST. Umbrella Network…
Bankbanks germanyBitcoin.comcrypto buyersCrypto custody servicescrypto germanyEuropeFinanceGerman bankGermany

German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country

Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody…
BlockchainEthereumJack Dorseyjustin sunNFTs

Twitter CEO Jack Dorsey To Donate Proceeds of NFT Sale To Charity

Jack Dorsey, the CEO of Twitter and Square, has revealed that he will give out the proceeds of the sale of his tweet to the charity organization Givedirectly.  Dorsey NFT Auction Generating Buzz Jack Dorsey revealed this in a tweet…