Psychedelic, a decentralized studio creating Web3 products, has launched the NFT-based MetaSports Basketball, a fantasy sports game that allows users to port existing NFT collectibles to create in-game characters, CoinRivet reported. Now owners of BAYC, Mutant Apes, Cool Cats, Clonex, and other popular NFT collections can use NFTs to create new, original collectibles and use them in-game.