nft

nft

Photo courtesy of SimWin

Los Angeles Lakers legend Earvin “Magic” Johnson has just bought two new sports franchises—in the metaverse.

Johnson is investing in Beverly Hills-based SimWin Sports, a digital sports league where virtual teams and athletes backed by non-fungible tokens (NFTs) compete in simulated games. In addition to taking an ownership stake in the startup, Johnson has acquired a yet-to-be named basketball team and football franchise called the Los Angeles Magic. Financial terms of the deal were not disclosed.

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Photo courtesy of Gene Nubla

On a Zoom call last week, Gene Nubla was explaining the name and origin story he gave “Nicky Nickels,” his Bored Ape NFT who will be a character in a forthcoming novel.

Nubla’s Bored Ape Yacht Club #6717 wears a leather vest and orange beanie hat, but the cartoon ape’s most distinctive feature is the silver coins covering his eyes. The 39-year-old Nubla—an associate vice president for a flower delivery service—imagined his Bored Ape as a member of a biker gang called the “Apes of Anarchy” who died during a botched cargo heist. Loved ones sometimes place silver dollars over the eyes of the dead during funerals, but Nicky’s family used plain old nickels, Nubla told dot.LA. That somehow barred the ape from properly entering the afterlife, rendering him undead.

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Photo courtesy of Adim

Actor and filmmaker Rob McElhenney is venturing into the world of Web3.

On Tuesday, the “It’s Always Sunny in Philadelphia” star launched Adim, a platform for creators to collaborate and obtain ownership of content they develop. It’s essentially a network of writers’ rooms where creators can come up with new characters and, in exchange, get a financial stake in their future success.

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