Tristan Thompson Launches Basketball Web3 Platform on Somnia Blockchain

Tristan Thompson launches the Web3 platform basketball.fun on the Somnia blockchain, focusing on tokenizing NBA players without a native token. Partnering with Improbable executives, the project aims to engage sports and crypto audiences.

basketball.fun is set to launch in October 2025 on the Somnia blockchain, focusing on the tokenization of NBA players.

The launch of basketball.fun aligns with the upcoming NBA season, aimed at revolutionizing fan engagement through digital tokenization on the innovative Somnia blockchain.

Tristan Thompson has announced the launch of basketball.fun, a platform that tokenizes NBA players. Herman Narula and Hadi Teherany of Improbable contribute their expertise. The project remains devoid of native token sales, focusing instead on fan engagement.

While the financial impact on broader markets like ETH and BTC appears minimal, Somnia’s activity may see a spike in trading volumes as basketball.fun becomes a prominent dApp on the chain. Absence of native trading tokens differentiates this project from precedents like Sorare and NBA Top Shot.

No direct quotes available at this time.

Community response remains speculative as the project gears towards a detailed reveal at Korea Blockchain Week, seeking to enhance the blockchain’s user engagement without broader financial disruptions. Regulatory responses are anticipated to remain subdued given current trends.

Industry analysts predict an uptick in engagement within the sports and blockchain sectors, although broader market effects remain contained. The absence of public token offerings keeps financial volatility at bay, while facilitating innovative fan interactions via blockchain technology.