Snoop Dogg’s Investment in BIG3 League Signals Exciting Developments
In a recent business move, Snoop Dogg, the renowned west coast icon, alongside PayPal co-founder Ken Howery, has invested over $600,000 to acquire a 40-percent ownership stake in Ice Cube’s BIG3 league. Specifically, they have become stakeholders in the Bivouac team within the league.
BIG3 co-founder, Ice Cube, expressed enthusiasm about this new collaboration, stating, “We are absolutely thrilled to have Snoop, Ken, and their communities on board with the BIG3.” Ice Cube went on to highlight Ken Howery’s expertise and Snoop Dogg’s legendary status, emphasizing their potential to elevate the Bivouac team within the league.
Snoop Dogg and Howery’s investment involved purchasing 25 Fire-Tier editions of Bivouac, each priced at $25,000. Notably, the team’s stock has been divided into blockchains for sale, embracing the utilization of blockchain technology and NFTs (Non-Fungible Tokens) for ownership rights. Howery commended BIG3 for being at the forefront of incorporating blockchain technology as utility, hailing the league’s visionary and practical approach to NFTs as key features of a smart investment.
Acknowledging that the Bivouac team faced challenges in the previous season, going winless due to injuries, both Snoop Dogg and Howery are expected to contribute to the team’s resurgence in the upcoming season. Ice Cube anticipates that their involvement will propel Bivouac to new heights.
The BIG3 league, known as the official creator of the innovative global sport FIREBALL3, is gearing up for its fifth season, scheduled to commence on June 18. Fans can catch the action live on CBS and Paramount+. This partnership with Snoop Dogg and Ken Howery not only brings financial investment but also positions BIG3 at the intersection of sports and emerging technologies, promising exciting developments for both the league and its fan base.
In summary, Snoop Dogg and Ken Howery’s ownership stake in Ice Cube’s BIG3 league marks a significant step towards incorporating blockchain technology and NFTs in sports, showcasing the league’s forward-thinking approach and setting the stage for a compelling fifth season.