Iconic rapper Ice Dice — also called O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon along with his endorsement of an “unbelievable and historic” DOGE transaction.

Dice’s entry into the wild world of Dogecoin is said to the BIG3 basketball league that he co-founded. The group predominantly options former NBA stars in a three-on-three format versus the common five-on-five basketball video games.

Final month the BIG3 launched a brand new possession mannequin for the league which consists of promoting tokenized stakes in every of the 12 groups. There are 1000 NFTs in whole allotted to every staff, with 25 “Fireplace” NFTs value $25,000 a pop, and 975 “Gold” NFTs at $5,000 every.

On Might. 4, MyDoge pockets co-founder Invoice Lee tweeted at Ice Dice saying “if ya dig DOGE, me and the DogeArmy will take one as nicely,” in reference to a earlier submit from Ice Dice asserting that Snoop Dogg was shopping for two groups.

Ice Dice then replied with “come on wit it Invoice, you understand i’m down with the DogeArmy.”

Come on wit it Invoice, you understand I’m down with the #DogeArmy https://t.co/d9C1TzS4ff

— Ice Dice (@icecube) May 4, 2022

Whereas it’s unclear how “down” with the DogeArmy Ice Dice really is, the BIG3 promptly fired out a press launch on the identical day asserting that Lee had bought all 25 Fireplace NFTs for the “Aliens” staff through DOGE.

The “unbelievable and historic” transaction as described by Ice Dice was value $625,000 or roughly 4.86 million DOGE, with the BIG3 additionally calling it the “largest industrial transaction in historical past” of DOGE.

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The Fireplace NFTs signify the upper finish of possession and utility advantages, akin to sport administration, voting rights and mental property/licensing rights for staff logos, names and merchandise. Notably, if the proprietor/hodler was to promote their Fireplace NFTs, they’d additionally get a 40% minimize of the sale.

Unimaginable and historic https://t.co/ouulpk0xdd

— Ice Dice (@icecube) May 4, 2022

As a part of the announcement, Lee took a slight dig at NFT tasks that includes apes and owls, suggesting that he solely seems to be at NFT tasks with utility. That is in fact, even supposing some ape and owl tasks have constructed utility for hodlers, and is fairly lofty rhetoric for a person primarily engaged on growing wallets for a memecoin that was created as a joke.

“Whereas others are shopping for NFT pictures of apes and owls, I imagine that NFTs with utility are the subsequent frontier. It’s a dream to personal a basketball staff and the BIG3 is shifting the NFT sport by providing possession rights akin to licensing/IP, staff voting/administration, and merchandising.”