65.2 F
New York
Friday, May 14, 2021

-

Home Tech Crypto Basketball billionaires form NBA blockchain use case committee

Basketball billionaires form NBA blockchain use case committee

Document Analysis NLP IA

414
WORDS

WORDS
2:4
Reading Time

Reading Time
positive
sentiment

Sentiment0.15451388888889
objective
redaction

Subjectivity0.48090277777778
probably it's an affirmation
Affirmation0.37264150943396

Highlights

RELEVANT
FREQ, RAKE or TFIDF
Entity
ORG
Entity
PERSON
Entity
PRODUCT
Entity
OTHER
Key Concepts (and relevance score)

Summary (IA Generated)

Blockchain tech may soon become an integral part of the world’s largest basketball members-of-times-up-healthcare-resign-over-groups-handling-of-harassment-scandal/”>league.

Called the Blockchain Advisory Subcommittee, members include Mark Cuban, Joe Tsai, Ted Leonsis, Steve Pagliuca, Vivek Ranadive and Ryan Sweeney.

According to basketball/2021/nba-blockchain-owners-group-1234624200/” rel=”noopener nofollow noreferrer”>Sportico, the goal of the subcommittee is to “explore ways to integrate blockchain across the league’s business.

Blockchain-based ticketing has made significant strides and now has an active userbase, and Mark cuban in particular has been vocal about his support for using blockchain to enable his marker”>team to reap profits from secondhand sales and scalping.

However, Cuban said in a statement to Sportico that the committee was not founded as a response to the exploding popularity of NBA Topshot, and is instead focused on broader applications of blockchain technology.

Additionally, according to a recent Tweet his decision to accept Dogecoin for Mavericks tickets and merch appears to have been a success:.

After buying the team in 2013, he advanced a number of tech-centric and radical ideas, including playing 4-on-5 defense and setting up an app to let fans vote on the next play.

When it comes to blockchain, he was also one of the first to accept crypto for tickets, and set up a mining facility in a Kings arena.


131FansLike
3FollowersFollow
16FollowersFollow