8IGH Brings the World’s First Community Controlled Professional Basketball Team to Atlanta
Changing the dynamics of the sports industry by facilitating community interaction
8IGH (pronounced /eight/), a blockchain company founded by Jordan Tate and Treyce Jarrels, along with Basketball League (TBL) team market owner Chris Ellison to bring together the world’s first community-controlled professional basketball team (ATL 8IGH DAO) has partnered. Atlanta, Georgia. Created by the 8IGH team, the ATL 8IGH DAO is the first men’s professional basketball team in the world to be controlled by members of its community. As a development of the Atlanta Empire, ATL 8IGH is a part of the DAO TBL, the third largest professional basketball league in North America. Interestingly, the TBL holds the record for being the first professional sports league to be founded by African-American woman Evelyn Magali.
Being a DAO means that the ATL8IGH DAO will change the dynamics of the game industry by facilitating community interaction within sports team members. It will not only be the first professional basketball team controlled by members of its community to hold two exclusive NFTs in its digital wallet but will support its NFTs through the DAO Fund. The DAO will create an opportunity for the team to lead a variety of community initiatives, including partnering with high schools and colleges to educate students about blockchain and DeFi literacy, supporting the rise of local HBCUs, and supporting Atlantas’ existing infrastructure. Including the introduction of blockchain technology. As a member-managed organization, ATL 8IGH DAO will be professionally managed by Chris Ellison, Treys Jarrels, Jordan Tate and Vincent Owens as core developers.
“The Basketball League is built on a foundation of community-driven experiences, as would the ATL8IGH DAO. From youth programs to DeFi literacy classes, community is our heartbeat. Taking the same community through entertainment and asset acquisition, potentially riches Creating, and being able to elevate this through real-world applications is a win-win for everyone involved. “We look forward to the impact we can all make together in Atlanta,” said Team Markets owner Chris Ellison. Huh.”
In addition, 8IGH is thrilled to announce its collaboration with Momint, Africa’s largest NFT marketplace, to launch the ATL 8IGH DAO Membership NFT (Momint Edition). The first DAO subscription NFT is scheduled to launch on March 26, 2022 at the Moment virtual NFT auction. Additionally, members of the public are invited to participate by joining the 8IGH whitelist, as in total only 5,888 ATL DAO membership NFTs will be issued and initially 100,000 Forever Vote NFTs will be issued. The partnership is great for the 8IGH community as Momint creates a platform that provides both producer and consumer access. It provides a free space for creators to create and a platform for their audience to support them. Moment also offers the opportunity to buy NFTs with a credit or debit card and receive NFTs via email.
To participate in the community-controlled team, participants must hold ATL DAO Membership NFT and ATL Forever Vote NFT in their digital wallet. Membership NFT is important as it will allow easy access to the ATL Forever Vote NFT, which will give participants a level of control and governance in the team, and exclusive access to 8IGH’s blockchain and DeFi advisors. This means that participants will be allowed to be part of key decision-making processes, including deciding the official name of the team and selecting the head coach.
“Growing up in Atlanta, I experienced firsthand the impact a city like A had on the rest of the world. Atlanta is an innovation hub for entertainment, fashion, music and now blockchain technology, with The DAO running as The first pro basketball team is launched. Blockchain technology is the future, and Atlanta will be a contributor to the growth,” said Vincent Owens, Blockchain and DeFi advisor.
8IGH is a blockchain company whose main focus is on developing sports NFTs for its community members. The company will leverage its roster of high-net-worth individuals in combination with DeFi literacy education to help bridge a nationwide gap regarding blockchain technology and NFTs. As a community member of 8IGH, you have exclusive experiences, rewards and additional opportunities. The company’s mission is to incorporate DeFi literacy education to help bridge the nationwide gap in knowledge and access to blockchain technology and NFTs. Its vision is to serve as an industry leader for blockchain technology and NFTs, and aims to establish a community that is surrounded by experiences, rewards and additional opportunities.
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Originally published at https://cryptosaurus.tech on March 3, 2022.