By BIG3 April 4, 2022
Join the official BIG3 Ownership Discord here: https://discord.gg/big3
It’s the dream of every sports fan to one day own their favorite team. For the average fan, it’s enough trouble affording tickets to a game, let alone gaining access to unique opportunities and once-in-a-life time experiences like post game chats with players and coaches or the ability to attend exclusive playoff after-parties with your favorite team. As the market for professional sports grows, valuations are so high that only the extraordinarily rich and elite have the means to access these ownership experiences. By embracing the future where others wants to hold it back, BIG3 aims to change this sad reality.
Now in its fifth season, BIG3 has already overcome numerous obstacles on its way to becoming the first sports league to succeed since the UFC. Despite the NBA and others putting barriers in our way, we have thrived through innovation. BIG3 listens to the fans and enacted rule changes that increased speed, physicality, competitiveness, and excitement. BIG3 listened to players and coaches and empowered them to assemble and run their teams as well as led the way with humane mental and physical health policies. The first league with black ownership, a black commissioner, a woman Chairman and two female head coaches (who each won a championship), BIG3 “walked the walk” and showed the sports world the benefits that come with diversity of ideas and backgrounds.
The next step in BIG3’s evolution is greater engagement with the fans themselves. By creating a model of “21st Century Ownership,” the league can benefit from direct fan engagement and at the same time allow fans to enjoy many of the elusive benefits ownership often provides at a radically more accessible price point.
With the advent of non-fungible tokens and blockchain technology, we can provide fans aspects of ownership other leagues cannot or simply will not give. It is the efficiency, transparency, and speed of the blockchain that makes BIG3 the perfect use case. Where others may exploit ‘hype’ to grab quick money and move on, BIG3 will use the technology of the blockchain as a transformative tool to redefine fan interaction forever by bringing true value, utility, and ownership experiences to everyone. In the process we will build the strongest community the sports ecosystem has ever seen.
The owners of BIG3 Ownership NFTs will receive rights and deliverables of high actual value and utility in five areas: Ticketing, Merchandise, Experiences & Activations, Direct Communication and Voting Rights. Each team will have 25 “Fire” tier owners (who receive ALL of the experiences and benefits listed below) and 975 “Gold” tier owners, priced at $25,000 and $5,000 respectively. BIG3 is new to the NFT space, but we have always been committed to empowering our fans, creating an interactive and engaging sporting experience, and pioneering new ways to provide the BIG3 community with unique and engaging experiences.
A careful reading of the benefits listed below will demonstrate the immense value our BIG3 Ownership NFTs bring to its holders.
Of course, BIG3 NFT Owners will get free access to all games. When Big3 NFT owners arrive on each gameday, they park in the owners’ lot and enter through their own VIP entrance. They can then proceed to their VIP seats, catered owner suites, or backstage. Secondly, Big3 NFT owners will have exclusive access to practices, press conferences and more. These ticketing benefits include:
- Reserved Owner Suites with A-level catering
- Reserved VIP Owners seating section
- Backstage access area
- Player and coach meet-and-greets
- Attendance to on-site gameday Press Conferences
- Availability to purchase additional quality tickets before general on-sale
- VIP Owner parking and Owner special entrance
- Team CEO/Chairman/Pres (as chosen below) get 2 courtside seats each for all events
- Availability to buy additional 5 seats in first 5 rows for playoffs and Championship team owners
- Championship game Owners get hotels and the winning team also gets weekend accommodations and amazing tickets to the All-Star game (this year in the Bahamas)
Sports team owners benefit from the popularity of their team names and logos; BIG3 is taking the unusual step of granting our Fire tier NFT owners the right to use their team’s name and logo to create and sell your own art and designs. As a Fire tier NFT owner, you will obviously receive exclusive gear season to season. If your team happens to win the Championship, owners will not only celebrate in the same Championship hats and shirts as your players, but will get their own Championship ring with the option to attend the ring presentation ceremony aired on CBS. You will also be invited to take part in live and televised ring ceremony and be presented with a championship ring alongside your favorite team and coaches!
Additional merchandise benefits include access to exclusive merchandise collaborations with high fashion streetwear companies and Fireballs personally signed by all of the players on your team plus Coach, Commissioner Clyde Drexler, Chairman Amy Trask, and Co-Founders Ice Cube and Jeff Kwatinetz.
Experiences and Activations:
Owners will get exclusive access to experiences that most fans never do. White the value of many things out Big3 NFT owners get back are able to be calculated, these life experiences are priceless. They include:
- Attendance to owner parties after gamedays and associated events with players and league personnel
- Meet-and-Greets with players and coaches
- Play with the Pros – set up friendly games for top-tier owners at All-Star game weekend
- Pre-Draft Day Party
- Events and experiences with the founders and management of BIG3 to get the inside scoop on how the league is run
- Invites to practices (usually day before)
- In the event BIG3 goes public, opportunity to get allocation of stock at IPO price.
- Ability to pre-purchase NFTs (whitelisted) for Expansion and International Teams
- Exclusive NFTs of Players and Teams (Highest Numbered to Owners)
- Press releases in advance of media servicing
- Each press release will feature one selected owner to be quoted in the release
- Sponsor created/provided experiences
- Dedicated Discord page for BIG3 owners who will be updated daily by BIG3 moderators
Our Big3 NFT Owners have an ability to make their voices heard. If you want to see your team succeed year in and year out you will want to engage with your coach, players, and the league. Big3 NFT owners will get:
- Access to weekly video calls with their team to talk strategy leading up to each game.
- Weekly video calls with referees to discuss rules and how you think their calls impacted the last game.
- The unique opportunity to connect with the commissioner Clyde Drexler and founders Jeff Kwatinetz and Ice Cube three times a year to discuss fundamental strategy, changes, and ideas for the league.
On a day-to-day basis, Big3 NFT owners are faced with many difficult decisions regarding their teams’ future. Owning a BIG3 Ownership NFT means you get to vote on many key issues impacting your team and the league as a whole. All teams will elect 3 owners that will serve as team CEO, President, and Vice President. These individuals will be tasked with making sure all owners on their team are up to date on key issues, and scheduling team calls. In addition, Big3 NFT owners will have the unique and memorable opportunity to vote on the following league awards:
- Season and weekly Player and Coach awards such as MVP, Offensive and Defensive awards, Best Rookie, Too Hard to Guard, etc. (MVP and Coach of the year will also be voted on by players/coaches as peer awards).
- Team CEO/Team President/Team V.P.chosen from among “Fire” holders.
- Team Colors each week (we have a minimum of 3 uniforms per team).
- Player of the game/week to be featured on CBS/online/PR.
- Vote on player/coach to do postgame interview for your team’s game
- Vote on All-Star participants
- Ranking of Top Ten plays each week
- Picking of best highlights to service to media (SportsCenter, Print) and to post on socials and league sites.
These unparalleled voting rights make Big3 NFT owners a fundamental role in the BIG3, enabling our Big3 NFT holders to interact with the league on nearly every level of the game – from draft day to the championship game.
These five pillars of ownership will continue to grow and evolve as time goes on and we gain more feedback and input from our community. The value of these NFT ownership packages are incredible on their own, but blockchain technology makes it all work efficiently. It enables tracking of ownership, smooth sales, and transfers, easily enables communication with owners, and lets us precisely determine who is entitled to owner rights, merchandise and memorabilia, and experiences so we can easily deliver these benefits.
TEAM OWNERSHIP BENEFITS – SUBJECT TO SEC APPROVAL:
We intend the sale of our Team NFTs as only the beginning of the BIG3’s WEB3 transformation. Subject to regulatory approval, our Fire tier owners will receive 40 percent of the net proceeds from any future sales of their team.
FROM FAN TO BIG3 NFT OWNER
BIG3 will become the most prominent WEB3 based sports league the world has ever seen by offering products and services that utilize and incorporate blockchain and crypto based technologies to drive innovation for both the league, our outstanding players and coaches, and our dedicated fans.
This is the next chapter in the history book of the BIG3 as we continue changing the game!