Ice Cube backs DOGE and an 'incredible and historical' transaction
Iconic rapper Ice Cube — also known as O'Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an “incredible and historical” DOGE transaction.
Cube’s entry into the wild world of Dogecoin is related to the BIG3 basketball league that he co-founded. The organization predominantly features former NBA stars in a three-on-three format as opposed to the regular five-on-five basketball games.
Last month the BIG3 launched a new ownership model for the league which consists of selling tokenized stakes in each of the 12 teams. There are 1000 NFTs in total allocated to each team, with 25 “Fire” NFTs worth $25,000 a pop, and 975 “Gold” NFTs at $5,000 each.
On May. 4, MyDoge wallet co-founder Bill Lee tweeted at Ice Cube saying “if ya dig DOGE, me and the DogeArmy will take one as well,” in reference to a previous post from Ice Cube announcing that Snoop Dogg was buying two teams.
Ice Cube then replied with “come on wit it Bill, you know i’m down with the DogeArmy.”
Come on wit it Bill, you know I’m down with the #DogeArmy https://t.co/d9C1TzS4ff
While it is unclear how “down” with the DogeArmy Ice Cube actually is, the BIG3 promptly fired out a press release on the same day announcing that Lee had purchased all 25 Fire NFTs for the “Aliens” team via DOGE.
The “incredible and historical” transaction as described by Ice Cube was worth $625,000 or roughly 4.86 million DOGE, with the BIG3 also calling it the “largest commercial transaction in history” of DOGE.
Related: Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume
The Fire NFTs represent the higher end of ownership and utility benefits, such as game management, voting rights and intellectual property/licensing rights for team logos,
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