FIBA creates a new basketball game

Last week I was in Taipei and read an article in Taiwan News (28 August 2012)
It is a report of the first World Basketball Championship for Women in Athens, Greece.
I copy an interesting part for Korfball:



FIBA, the world basketball federation.
is certainly investing a lot in the
3-on-3 game, or 3x3 basketball, as it
calls it-
"What FIBA wants is to create a
new generation of players...and take
the game into new places. you saw
here teams from Guam, from Nepal,,,

Patterned after streetball, 3x3 basketball
is played on a halfcourt and
lasts just l0 minutes, unless one of the
teams reaches 21 points before that,
something the U.S. women did in their
first seven games. There is a I 2-second
shot clock. One point is awarded for
free throws and shots inside what is
the 3-point arc in the "regular” 5-on-5
game, and two points for shots beyond
that arc. :
The teams have four athletes each,
with on sitting on the bench at any
time and they act as their own coaches
taking timeouts and deciding on the
timing of substitutions.
Actual coaches
are not allowed in the court and are not
allowed to shout instructions from the
sideline, although, in this tournament,
several flouted the rule and were not
always warned by the referees.
There are two referees in each game.
Having managed to include the
3x3 event in the inaugural youth
Summer Olympics, held in 2010 in
Singapore, and to organize a world
Youth Championship in 2011, the
FIBA staged the event as a showcase
for its push to have the 3-on-3 format
included at the 2016 Rio Olympics.