NBA champion Tristan Thompson has covenant with the unstable CEO Herman Narula and co-founder Hadi Teherany to roll a new web3 experience designed to recreate basketball fandom for the digital season.
The project, named basketball.Fun, will be on October early during the NBA and will try to Gamify the way fans interact with players and games, Thompson announced.
It was developed in Somnia, a layer 1 blockchain that lived at the start of this month, noting that the billions of dollars of trade amounts in the first two weeks.
“This is how we experience moments together, it’s not just about basketball,” Tristan Thompson said in a press release. “We create something for fans who live beyond the game, where your presence, desire, and play is important.”
Tokenized NBA player
Unlike the traditional fantasy fantasy or fan tokens, the platform will take NBA players with values that change in real time based on emotion and performance. Fans can assemble rosters, think about increasing talent, and earn rewards tied to their predictions and contacts.
“The way players and fans of the players should be different than the owners and news networks,” Teherany said in an interview with CoinDesk. “We are trying to bring back the power to the fan – not just to predict who they think is good, but actually earning incentives from it. Imagine that it will prove that the fan’s adoption of the potential of a rookie is more accurate than the front of a team’s office.”
Teherany emphasized that the app will not be launched with a native token, which has moved away from projects such as the socios that depend on the token price. Instead, players will hold in-app value that reflects the fan feelings and the results of the game.
Why Somnia, not Solana?
Asked why the team chose to build in Somnia instead of a more established chain like Solana or Avalanche, Teherany taught both relationships and philosophy.
“Everything in this industry comes from a real relationship,” he said. “When we met Herman Narula, it was a vision alignment. He was not pursuing the short-term hype token but dedicated to developing sports and entertainment on-chain for a long time. It gave us confidence that it was not just appreciated in speculation in the market.”
The decision also came after lessons learned from a previous project, TracyaiThat Teherany said has become very dependent on the token performance. At this time, the focus is on infrastructure, gamification, and maintenance.
Somnia’s technical edge
Somnia lived in Sep. Backed by the UK based on the metaveverse company improbable, the network positions itself as the fastest chain compatible with EVM, claiming to hold more than one million transactions per second with a sub-set end.
In the launch, Somnia Onboarded 60 validatorIncludes Google Cloud, and integrated with protocols such as Layerzero, Sequence, and Thirdweb. Its native token, Somi, is almost twice as much as the launch and the billions are already processing billions.
For Teherany, Somnia’s traction adds credentials: “They have made billions -billion volume, greater than some of the major exchanges. That’s a testament to what they are building – and what we are building on top of it.”
Way to tip-off
The first major revelation of the project was scheduled for the Korea Blockchain Week, where Thompson would share his vision next to Narula and Teherany. The attendees of the Somnia House, the chief side of the network network in Seoul on September 23, will get an early view of the app and roadmap.
“We want to do it as easy as possible,” Teherany said. “The blockchain layer should feel invisible. If you are a native crypto or just a basketball fan, you can participate, play, and help define the narrative of the sport.”
