A team from Ice Cube’s BIG3 basketball league has been purchased by DeGods DAO for $625,000, according to a press release.

As AfroTech previously reported, Ice’s Cube’s basketball ventures in the metaverse allow collectors to become team owners under the conditions they purchase between two NFT collectibles: 25 Fire valued at $25,000 each and 975 Gold valued at $5,000 each.

Solana backed platform DeGods has dived right in to build on the BIG3 league’s mission to make fans more involved with their favorite team with plans to make 500 whitelist spots ready for potential holders, Forbes India reports.

Statement From DeGods Founder Frank DeGod

“This is probably the most fascinating experiment in the entire NFT space right now,” said DeGod, according to a press release. “It’s cool because owning & operating a basketball team is a dream for millions of people. Now, we get to make that dream true for our holders.”

Perks Holders Will Obtain

Holders will be positioned to acquire a stake in the  Killer 3s, according to Forbes India. Coupled with the perks holders will receive by joining the BIG3 community, DeGods will offer jersey patches on  Killer 3s’ jerseys, broadcast and scoreboard integrations, and create special opportunities for DeGods’ community members.

“This is a huge step forward in the innovative ownership-like model we are creating for the league,” said BIG3 co-founder Jeff Kwatinetz, according to a press release. “BIG3 teams have not been organized around geographical locations so instead of being from a city or state our teams are going to represent communities. The DeGods bring a diverse, very active, and forward thinking fan base to our league and we are looking forward to them spearheading community fandom for their team. We are thrilled to welcome DeGods to the BIG3 and are looking forward to collaborating on the future of their team and the league overall.”