Top Shot, the newest digital asset from the NBA, is on fire. NBA Top Shot has done over $230 million in transactions since its inception in October …
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What Is NBA Top Shot and Why You Should Care
You may have noticed the rising interest in sports memorabilia throughout the pandemic. Trading cards that were once stashed away in your parent's basement or storage room are now being sold on eBay for thousands. Over the past few weeks, a new form of memorabilia has taken the sports world by storm in the form of a blockchain-based online-only marketplace where users can buy, sell and trade virtual NBA highlights.
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What Is NBA Top Shot
JEREMY LEVINE WAS just checking his phone quickly before heading out to spend a January Sunday morning skiing in Lake Tahoe. Instead, within minutes, …
Take a stroll around social media and you’ll see no shortage of people talking about “NBA Top Shot,” a collectible, blockchain-based highlight repository that has been around since July of 2019, but caught fire in the last week with over $50M in revenue hauled in by people still trying to get in on …
In the third quarter of a regular-season game against the Houston Rockets last February, LeBron James broke away for a two-handed reverse windmill dunk off a steal and pass from Avery Bradley. Keen-eyed Lakers fans quickly realized the dunk was nearly identical to a 2001 slam on the very same …
The Origins
When Dapper Labs launched CryptoKitties back in November 2017, the company’s take on Tamagotchi was seen as the first popular use of blockchain-based applications. It was the first popular use case outside of Bitcoin as a speculative investment. Like all fads, CryptoKitties didn’t last, but the app …
What Happened This Week
NBA Top Shot has become a big topic of conversation on Basketball Twitter over the last few months, and you can learn more about it here if you are wondering just what the hell this thing is that has people paying six figures or more for NBA highlights. The basic gist is, Top Shots are licensed, …
Earlier this week, a LeBron James highlight sold for a record-setting $208,000 USD. NBA Top Shot, the digital blockchain-based platform for officially …
NBA Top Shot — the official league highlights with blockchain technology that have turned into the latest sports collecting craze, don’t worry we explain it all for you here — continues to generate a ton of money in sales whether it’s people buying “packs” or purchasing rare cuts in their …
NBA Top Shot, a blockchain-based platform that allows fans to buy and sell numbered versions of video clips of player highlights called "Moments," generated a whopping $53.9 million in sales over the past seven days, as the uber-popular digital collectibles show no signs of slowing down. Key …
