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Former Chicago Bulls legend Scottie Pippen is embarking on a groundbreaking project by tokenizing the iconic Game 5 ball from the 1991 NBA Finals on the blockchain. This ball, which marked the beginning of the Bulls’ dynasty, is considered the holy grail of real-world sports objects. The tokenization project, named @Game5Ball, aims to fractionalize the ball and launch it on August 1st. Pippen's initiative has drawn mixed reactions, with some praising its innovative approach to sports memorabilia and others criticizing it as a mere celebrity endorsement of cryptocurrency, including his $PIPPEN token on $SOL. Pippen emphasizes the project's intention to bring real-world assets to the blockchain and invites the community to join and learn more about the initiative on Telegram.
Interviewer: Now that you won the 1991 NBA Finals, what are your plans for the @Game5Ball, Scottie? Me: 33 years from now, I’ll innovate sports by tokenizing it and building the project with the community! https://t.co/UYyKbE3ioo https://t.co/IXOnsyGXCE
I’m excited to innovate sports by bringing real-world assets to the forefront with the @Game5Ball project. Join us in building around this iconic sports object and be part of history. Learn more at https://t.co/UYyKbE3ioo 🏀
Many will criticize this from Scottie. But if the tokenization setup is legit, this will be far more helpful for crypto adoption than if he were to launch a meme coin. Would love to see more athletes tokenizing their memorabilia. This is a real use-case, not zero-sum degeneracy. https://t.co/zZ9AWsF96p