ABOUT THE BBA
The Blockchain Basketball Association, or BBA, is a parody basketball league inspired by the Blockchain Industry. The mission of the BBA is to inspire, connect and unite all those involved in the blockchain industry through the power of Basketball.
The BBA is a collection of thousands of teams that compete daily during the long BBA Regular Season aka Bear Market. However, during the BBA Playoffs aka the Bull run, the competition between the top 16 teams leading the industry by market cap reaches a climax, as all eyes turn to see which teams will achieve new all-time highs and who will be crowned the new BBA Champion.
$BBA is the meme coin of the BBA in the XRPL ecosystem for the lovers of Basketball and Blockchain. Its aim is to engage all basketball fans of the blockchain community through satire.
BBA TEAMS
BBA RULEBOOK
Although Blockchain technology has been around for a few years now, the BBA does not have a rulebook yet. Unbelievable, right? The reason for this is that, much to the dismay of the teams, players and fans, the successive self-appointed BBA commissioners have all failed to provide a clear and comprehensive regulatory framework for this modern fast-moving cutting-edge league.
The BBA commissioners have instead always opted for the regulation by enforcement strategy. This had a very negative impact on the league: slowing down its development and global competitiveness, pushing some of its best players to leave and even hurting the most important people in the league, the fans.
But there is light at the end of the tunnel. Indeed, after the latest US elections, the time to appoint a new BBA commissioner has arrived. It is expected that as soon as he is appointed, the new BBA commissioner will immediately engage with regulators and lawmakers to finally establish a rulebook tailored to the unique features of this league. So watch this space!
To see the list of Crypto Asset Enforcement Actions launched by the BBA commissioners over the last few years, click here
$bba TOKENOMICS & PLAN
BBA is a community-driven, humor-based token inspired by the game of Basketball and Blockchain technology. Just like the BBA team Mascots, this token is purely for fun, entertainment, and community engagement.
This is not an investment or a financial product. $BBA is a meme coin, with no roadmap, guarantees and zero utility.
$BBA has a token supply of 1,000,000,000 and will initially have a dev token allocation of 20%. The dev token allocation will be reviewed once $BBA has been launched. For now, we will HODL and see how $BBA’s story unfolds and what the community wants. This token was created from the vision of one person. $BBA does not have a team of experienced developers or marketers behind it. The token will be driven solely by community engagement.
$BBA HOLDER CODE OF CONDUCT
The BBA seeks to foster a safe and enjoyable meme token experience, please note:
- Do not buy this token unless you’re fully aware that you could lose all your money and that you won’t be protected if something goes wrong.
- The token will be driven solely by community engagement and therefore high volatility is expected.
- It is you, the fans, who can make $BBA a success, with your interaction, your memes, your social media activities etc. Please send post your memes on X and tag our us. The best memes will be reposted on our official X account. With your help and cooperation, the sky is the limit!
- Before engaging with $BBA, please ensure you do your own research about this token before buying it.
- At the BBA, we do not tolerate scam tactics, such as rug pulls, suspicious liquidity patterns, and honeypot contracts. Beware of fake social media accounts, and copycat tokens. This is our only official website. We also have an X account. We do not have a Telegram Group.
- You can purchase $BBA on First Ledger. Before making any trades, always verify that you’re using official URLs, double-check trust lines, and confirm all transaction details. Protecting your private keys is essential to safeguarding your digital assets.
- There is no guarantee that $BBA can be easily sold at any given time. The ability to sell a $BBA depends on various factors, including the supply and demand in the market at that time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your $BBA at the time you want.
- Do not put your eggs in one basket. A good rule of thumb is not to put more than 10% of your money in high-risk ventures.