Former NBA player Dennis Rodman retracts, refuses to visit Russia to secure Brittney Griner's release. Check out why
Dennis Rodman, the former NBA player, had earlier revealed that he was on board to visit Russia to help in the release of Brittney Griner. However, he has now retracted his statement and refused to travel.
By ET Spotlight Special |
Agencies
Former NBA player Dennis Rodman has refused to come to the aid of fellow NBA player Brittney Griner after the latter was arrested in Russia for transporting banned substances.
In February 2022, Brittney Griner, who visited Russia to play in the UMMC Yekaterinburg, was arrested while returning. The Russian Federal Customs Service arrested Griner at the Sheremetyevo Airport near Moscow. Reportedly, vape cartridges filled with hashish oil were discovered in Griner’s luggage. She was then charged with carrying considerable amounts of the cannabis drug as the cartridge contained 0.703 grams of the oil.
Griner’s arrest happened when tensions between Russia and Ukraine were mounting. It was expected that Griner would plead guilty to the charges. However, she told the court that the oil was not being carried intentionally by her. She packed her luggage in haste and mistakenly put the cartridge there. Meanwhile, her defence submitted a written statement to the Russian court stating that Griner was prescribed cannabis oil as a part of her pain medication.
Online platform Top Shot makes a fortune selling short videos of dramatic game sequences
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Fans have been flocking by the thousands to the Top Shot online platform to buy short videos of dramatic sequences from professional basketball games, as a new virtual market enjoys astonishing success among collectors, sports fans and art lovers. To the untrained observer, one video clip showed NBA superstar LeBron James in one of his more spectacular moves; but it lasted no more than a few dozen seconds. On Top Shot, however, it instantly became a collector's item that sold on Monday for an eye-popping $208,000.
Fans have been flocking by the thousands to the Top Shot online platform to buy short videos of dramatic sequences from professional basketball games, as a new virtual market enjoys astonishing succe..
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The video sequence is an "NFT" -- a Non-Fungible Token -- a virtual object whose identity, authenticity and traceability are theoretically indisputable and tamper-proof, thanks to the same "blockchain" technology used to ensure the security of cryptocurrencies like the hugely popular bitcoin. Launched in early October by Canadian firm Dapper Labs in partnership with the National Basketball Association, Top Shot allows customers to buy and sell these short video clips -- called "moments" -- at prices that vary depending on demand and rarity.
The video sequence is an "NFT" -- a Non-Fungible Token -- a virtual object whose identity, authenticity and traceability are theoretically indisputable and tamper-proof, thanks to the same "blockchai..
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Dapper Labs selects and sells the clips, in numbers varying from one single copy to hundreds of identical "moments." Once the sale is recorded on the platform, clips can change hands, from one collector to another, an unlimited number of times. Dapper Labs takes a small commission from each sale, and a percentage is shared with the NBA and the players association. After a slow start, Top Shot's business has exploded since January, generating more than $200 million in transactions since the start of the year, according to a Dapper Labs spokeswoman.
Dapper Labs selects and sells the clips, in numbers varying from one single copy to hundreds of identical "moments." Once the sale is recorded on the platform, clips can change hands, from one collec..
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By Wednesday, Top Shot was approaching its first 100,000 buyers, she added. The Momentranks website, which says it provides "accurate, real-time moment valuations," puts the current value of the market at $1.8 billion. Paradoxically, most of the video clips being sold can be viewed for free elsewhere on the internet, primarily on YouTube. "I totally understand the initial reaction of 'I don't get it' or 'This seems stupid,'" Jonathan Bales, who spent $35,000 for one "moment," wrote on his Lucky Maverick blog.
By Wednesday, Top Shot was approaching its first 100,000 buyers, she added. The Momentranks website, which says it provides "accurate, real-time moment valuations," puts the current value of the mark..
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"But guess what? There's a whole generation of young, smart people who've grown up in a fundamentally different way from me and you, so whether or not we 'get' the future is irrelevant to how it will transpire." Steve Poland, creator of the Mighty Minted site, recalled his own initial reaction. "I signed up for an account, and then just instantly, it just clicked, it was like, this is the future. And this is now. And this is what collectibles are going to become in the future."
"But guess what? There's a whole generation of young, smart people who've grown up in a fundamentally different way from me and you, so whether or not we 'get' the future is irrelevant to how it will..
After her arrest in February, Griner was convicted and sentenced to a nine-year prison term on August 4. The US President Joe Biden termed the sentence unacceptable, but the player is still behind bars in Russia.
Dennis Rodman initially told reporters that he got permission to travel to Russia to help release Griner. He also mentioned that he would be traveling later that week. However, Rodman has now cancelled his travel plans. The cancellation comes after the White House statement wherein Ned Price, spokesperson for the State Department, mentioned that Rodman would not be traveling on the government’s behalf. Price added that any action except being taken through established channels might complicate and hamper the release efforts.
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Reports suggest that the US and Russia are diplomatically trying to get a prisoner swap for Griner. The whole process is still under wraps and might result in the player's release.
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