NBA player Tristan Thompson will launch a Web3 project basketball.fun, tokenizing NBA players

ChainCatcher news, according to CoinDesk, NBA player Tristan Thompson is collaborating with Improbable CEO Herman Narula and co-founder Hadi Teherany to create a new Web3 experience project that brings a new viewing experience to basketball fans in the digital age.

The project is called basketball.fun and will launch before the NBA season in October, aiming to gamify the interaction between fans and players, as well as the games. The platform is developed on the Layer1 blockchain Somnia, which went live earlier this month. Unlike traditional fantasy sports or fan tokens, the platform will tokenize NBA players, with player values fluctuating in real-time based on fan sentiment and performance. Fans can build rosters, predict rising stars, and earn rewards. Teherany emphasized that the application does not issue a native token; unlike projects that rely on token prices, player values will reflect fan sentiment and game results.