Tristan Thompson Taps Somnia to Bring Basketball Fandom On-Chain
The NBA champion is launching an on-chain experience this October that tokenizes player value in real time.
NBA champion Tristan Thompson is teaming up with Improbable CEO Herman Narula and co-founder Hadi Teherany to roll out a new web3 experience designed to reinvent basketball fandom for the digital era.
The project, named basketball.fun, will debut in October ahead of the NBA season and will attempt to gamify the way fans interact with players and games, Thompson announced.
It has been developed on Somnia, a layer 1 blockchain that went live at the start of this month, already notching billions of dollars worth of trading volume in its first two weeks.
“This is how we experience moments together, it’s not just about basketball,” Tristan Thompson said in a press release. “We’re creating something for the fans that lives beyond the game, where your presence, passion, and play actually matter.”
Unlike traditional fantasy sports or fan tokens, the platform will tokenize NBA players with values that fluctuate in real time based on sentiment and performance. Fans will be able to assemble rosters, speculate on rising talent, and earn rewards tied to their predictions and engagement.
“The way fans value and perceive players should be different than owners and news networks,” Teherany said in an interview with CoinDesk. “We’re trying to give power back to the fan — not just to predict who they think is great, but to actually earn incentives from it. Imagine being able to prove that the fan consensus on a rookie’s potential is more accurate than a team’s front office.”
Teherany stressed that the app won’t launch with a native token, distancing itself from projects like Socios that hinge on token price. Instead, players will hold in-app value that reflects fan sentiment and game outcomes.
Asked why the team chose to build on Somnia instead of more established chains like Solana or Avalanche, Teherany pointed to both relationships and philosophy.
“Everything in this industry comes from authentic relationships,” he said. “When we met Herman Narula, it was an alignment of vision. He’s not chasing short-term token hype but is committed to building sports and entertainment on-chain for the long term. That gave us confidence that this wouldn’t just be valued on market speculation.”
The decision also came after lessons learned from a previous project, TracyAI, which Teherany said became too dependent on token performance. This time, the focus is on infrastructure, gamification, and sustainability.
Somnia went live on Sep. 2, following a six-month testnet that processed over 10 billion transactions and onboarded 118 million wallets. Backed by UK-based metaverse company Improbable, the network is positioning itself as the fastest EVM-compatible chain, claiming to handle more than one million transactions per second with sub-second finality.
At launch, Somnia onboarded 60 validators, including Google Cloud, and has integrated with protocols like LayerZero, Sequence, and Thirdweb. Its native token, SOMI, has nearly doubled in value since launch and is already processing billions in daily volume.
For Teherany, Somnia’s traction adds credibility: “They’ve done billions in daily volume, bigger than some of the major exchanges. That’s a testament to what they’re building—and what we’re building on top of it.”
The project’s first major reveal is scheduled for Korea Blockchain Week, where...
https://www.coindesk.com/business/2025/09/18/tristan-thompson-taps-somnia-to-bring-basketball-fandom-on-chain
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple