Sports

What is metaverse and why NFTs are key to its massive explosion

Larry Cheng, managing partner at Volition Capital, argued that there is “a bit of a gold rush mentality to NFTs as the fiber and the texture of the metaverse” as he described the space, which is garnering increased interest from traditional companies, including Walmart.

Stern, talent influx led to NBA transformation during 1980's

The NBA had enormous problems. Drug abuse among players was believed to be rampant. Many arenas were half-empty or worse on game nights. Most franchises were losing money. Some were on the cusp of folding. And when games were on television, nobody was watching.