The National Basketball Association (NBA) is digging deeper into Web 3, tipping off plans for non-fungible tokens (NFTs) in April 7 trademark filings made public Monday.
The filing, submitted by the NBA for “The Association,” covers a laundry list of virtual items, including “game tickets, game programs, trading cards, collectibles, memorabilia, jerseys,” and even “memes relating to the field of basketball authenticated by non-fungible tokens.”
The league also appears to have two Ethereum Name Service (ENS) domains – NBA.eth and theassociationnft. Eth – belonging to a wallet associated with Adrienne O’Keeffe, the league’s head of gaming and digital assets.
According to public blockchain records, the NBA.eth domain was transferred in December from NFT collector disco.eth to ENS core team member Brantly Millegan to O’Keeffe’s wallet, aok. Eth.
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In March, the theassociationnft. Eth was transferred to the same address from a pseudonymous wallet.
In an earlier interview with CoinDesk, Millegan said the NBA. Eth transfer came about after the pseudonymous disco.eth heard Millegan publicly unpack the project’s policy of encouraging .eth squatters to give away or sell at cost domains related to known brands.
It’s unclear what precipitated the theassociationnft—Eth transfer. Neither O’Keeffe nor the NBA responded to requests for comment by publication.
The league’s crypto partnerships currently include a Coinbase (COIN) sponsorship and a deal with the coveted NFT platform NBA Top Shot, though the company has yet to launch a crypto campaign.
- Yahoo Finance