The Sacramento Kings NBA basketball staff has partnered with CryptoKaiju to launch crypto-collectibles.
In a press launch on Oct. 16, the Sacramento Kings introduced a brand new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The businesses will give away 100 limited-edition Kaiju collectible toys all through the 2019–2020 basketball season.
Every collectible is backed by a non-fungible token, that means that no two are the identical. 15 of those toys will include a novel expertise or prize, akin to courtside seats, VIP excursions, and signed merchandise, amongst others. Sacramento Kings CTO Ryan Montoya stated:
“We’re thrilled to convey these distinctive, limited-edition collectibles and immersive expertise to our followers. We’re all the time searching for methods to be on the modern of enhancing fan interplay, and this partnership with CryptoKaiju is an thrilling alternative to proceed to make use of know-how that delivers modern merchandise and content material to our followers.”
The collaboration follows final week’s information that the NBA basketball staff is launching a blockchain-powered rewards program inside its gaming app Name the Shot, which will even be out there within the upcoming season.
Sacramento Kings already accepted Bitcoin in 2014
Following a partnership with main cryptocurrency cost processor BitPay, the NBA basketball staff grew to become one of many very first sports activities groups to simply accept Bitcoin (BTC) for its staff retailer in 2014. In August 2019, the Dallas Mavericks began accepting BTC as a method of cost for match tickets and merchandise.