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Ice Cube ‘reimagines’ BIG3 crypto experience with new NFT, Snoop Dogg ownership
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Ice Cube: ‘Worst day in cryptocurrency history’ caused BIG3 NFT re-launch
Rapper, actor and BIG3 founder Ice Cube says the basketball league had to push back its initial NFT minting due to ‘the worst day in cryptocurrency history’ on Mother’s Day.
Following cryptocurrency’s May market crash, the 3-on-3 pro basketball league BIG3 has "reimagined" its NFT experience, according to its founder Ice Cube.
"We're calling it a FEAT, which is a Forever Experience Action Token," Ice Cube told FOX Business’ Maria Bartiromo Thursday. "We want people to think in their minds that, here's something that can last forever with real utilities."
Last month, BIG3 unveiled a new ownership model which would give anyone the opportunity to own part of a BIG3 team through blockchain technology and NFT purchases on tier-based levels.
But on "Mornings with Maria," Cube admitted the league was forced to delay and reinvent the NFT launch following "the worst day in cryptocurrency history."
ICE CUBE BRINGS N.F.T.s TO BIG3 WITH HISTORIC CRYPTO TRANSACTION
"We had some issues and ended up having to push back [minting] to Mother's Day, which was actually the worst day in cryptocurrency history, it seemed like," the rapper and actor said.