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And after every 2022 NBA Playoffs pack drop, she’ll be adding her commentary to her favorite plays from each drop. The final chapter in the 2022 NBA Playoffs set follows right after, putting the finishing touches on the postseason story. Each pack contains 4 Moments, including 2 NBA Finals Common Moment. You must show up to the NBA Top Shot Tour experience to guarantee yourself the right to purchase a pack. The 24/7 Marketplace on NBA Top Shot allows all collectors the access to the most coveted Moments from the most epic plays from the past and present of the NBA.
Only verified users can make purchases with a credit or debit card or their crypto wallet with Ether, Bitcoin and Bitcoin Cash, and the Ethereum variations of Dai and USD Coin. The scarcity is somewhat manufactured since NBA Top Shot releases Moments on its website in digital packs via limited events called “Drops.” Drop times vary, so users have to stay tuned for announcements. As a Top Shot VIP, Just_Glyding’s collection and dedication to the team is something that other Magic fans also take pride in. The 2022 NBA Playoffs set takes key plays from each series to tell the story of every team’s journey, immortalizing them as Moment NFTs. Want a chance to get VIP access to the next five years of NBA All-Star? Create an NBA Top Shot account or log in to yours now for a chance to win the experience of a lifetime.
Suns could need Sarver’s approval to trade Crowder
If you’re lucky enough to secure a Top Shot pack, make sure to pay attention to the serial number attributed to each moment you open. The lower the serial number, the more valuable the moment is. For example, a highlight of a LeBron James dunk with a single-digit serial number could be worth hundreds of thousands of dollars, whereas a Danny Green 3-pointer with a serial number in the thousands is probably worth just a few bucks. Brett Siegel joined Fastbreak on FanNation as a credentialed NBA journalist in April 2022 after https://cryptolisting.org/ previously covering the NBA for NBA Analysis Network and working with Louisville Basketball, aiding in daily operations, scouting and recruiting. From playing to coaching to covering the game as a media member, Brett has been involved with the game of basketball from many different perspectives. Breaking the news of All-Star Andre Drummond signing with the Lakers in 2021, yearly NBA Draft news and other key stories around the league, Brett is always on the phone, getting the latest news and rumors around the NBA.
Along with the High Shot crew’s future improvement plans, a number of NBA gamers have additionally seen the worth in High Pictures and are contributing to the challenge in their very own methods. The Pelicans’ Josh Hart, for example, is a High Shot consumer himself and sometimes livestreams himself opening new packs on Twitch. Different gamers have even begun buying and selling Moments for real-life experiences, reminiscent of providing courtside seats or a selected sport jersey in trade for a Second. For decades, fans have kept their favorite players in their memory and on the home shelf. But when the NBA decided to take this wave to the Flow blockchain, they took the fan experience to another level.
Rare Moments from top players can go for hefty sums, while others sell for just a few dollars. You cannot purchase packs for other NBA Top Shot collectors. Moment™ NFTs are a tribute to the best of basketball, capturing milestone achievements and viral highlights from the first game to the Finals, telling the story of your team. Every Moment falls into its own tier of scarcity, from Common — where over 50,000 NFTs can exist — to Fandom, Rare and Legendary, the most exclusive, with fewer than 99. Anyone already in the Top Shot space is still very early to the table of this fast-growing phenomenon.
NBA Top Shot is essentially an online marketplace for users to bid on, purchase, and sell digital highlights of NBA players. Think of them as NBA trading cards, but instead of physical items you can keep at home, they’re digital collectibles that you own and store in an online wallet. The highlights, which are more commonly called “moments,” range in availability, with the rarest versions being worth the most. Users can purchase packs during specific timeframes that range from $9 to $230 each. NBA High Shot is a joint digital collectibles enterprise between the Nationwide Basketball Affiliation and Dapper Labs, the latter of which launched the pioneering non-fungible token buying and selling platform CryptoKitties in 2017.
But Dapper Labs also had plenty of help in getting its idea off the ground. The blockchain giant partnered with the National Basketball Association and the NBA Players Association to start NBA Top Shot, meaning all Top Shot highlights are licensed by the NBA itself. From the behind-the-scenes interviews with all these legends to the pictures they took with one another, this was an iconic moment for the NBA and it should continue to inspire future generations for many years, decades and centuries to come.
What Is NBA Top Shot?
As a Team Captain, iRacer77 played a big part in bringing Just_Glyding in for this experience, which they were able to experience together. After 32 years of following the Orlando Magic, nothing was going to stop Australia native Just_Glyding from attending his first NBA game. 7 of the top Warriors collectors will be going, along with 1 brand-new collector.
So if you were number 32,741 or higher during the Rising Stars drop, hopefully someone in line in front of you dropped out or you were left pack-less. The value of the moment, like art, is whatever somebody is willing to pay for it and that amount is based on a number of factors. Specifically in the Top Shot world, the top three factors are the player’s popularity, the Moment’s Serial Number, and the scarcity of the Moment (a.k.a. edition size).
Purchasing packs
It cannot be altered, and the sales history is saved forever on the blockchain for all to see, as well as to and from which wallets. If you don’t have an NBA Top Shot account, you can make one in a few minutes on the official website. From there, you can add some cash to your account and keep an eye out for the next pack drop. Make sure to keep those email notifications on so you won’t miss out. Top Shot users have spent more than $460 million in the marketplace as of March 29, and more than $200 million of that total has come from this month alone. Doncic has been making history left and right this NBA season and this past Tuesday, he had one of the most unique performances we have ever seen in league history.
- Brett Siegel joined Fastbreak on FanNation as a credentialed NBA journalist in April 2022 after previously covering the NBA for NBA Analysis Network and working with Louisville Basketball, aiding in daily operations, scouting and recruiting.
- It is yet another interesting project that promises to increase the presence and representation of women in the NFT space, as well as collections such as World of Women and Boss Beauties.
- If you’re a fan, you can keep the highlights of players like Sue Bird, A’Ja Wilson, Sylvia Fowles, and Sabrina Ionescu in your Flow wallet.
- NBA Top Shot is essentially an online marketplace for users to bid on, purchase, and sell digital highlights of NBA players.
- As with any investment, it’s entirely possible to lose money on NBA Top Shot’s NFTs.
- Sets capture a theme, like our tribute to dunks called “Throwdowns” and “Rising Stars,” which spotlights rookie sensations and sophomore studs.
Like physical trading cards, Moments’ value depends on supply and demand. Moments produced in greater quantities, or featuring lesser-known players, aren’t worth as much as a LeBron dunk. NBA Top Shot also hosts a healthy secondary marketplace where fans can buy, sell, trade, or gift packs or individual Moments.
No worries, Doncic (who had a historic, 60-point triple-double) eventually finished off New York in OT
It was built on Dapper Labs’ Flow blockchain and has launched new collections since 2019 to widen the community. As reported by the Guardian, collectors spent over $22 billion on NFTs what is investx in 2021. Although most NFT collections are now no longer of public interest and therefore have evaporated considerably in price, owners believe they are holding something valuable.
That said, the values of most collectibles, including NFTs, tend to be volatile. After all, a LeBron dunk NFT could be tomorrow’s Beanie Babies. This should help prevent flooding the market with duplicate products, preventing the sort of market oversupply that was seen in baseball cards in the 1990s. There’s no shortage of epic tales of iconic NBA Top Shot Moments selling for astounding prices.
One of the coolest moments of 2022 in the NBA was during the All-Star Game. A moment that gives you goosebumps every time you look back on it. The Spurs were and have not been anything special through the years, but when you think of coaching in the sport of basketball, it is hard not to think of Popovich and all the accomplishments he has had in his career. Those who do not watch ESPN’s day-time shows may not understand this one, but ESPN’s Brian Windhorst took the NBA world by storm with his appearance on First Take during the summer. There are so many other dunks we could list that Morant had this year, but the Grizzlies’ All-Star continues to be one of the young, rising faces of the league.
In these respects, shopping for a High Shot Second is considerably completely different from shopping for a bodily buying and selling card, and even from shopping for bitcoin, and is extra analogous to buying a software program license . Moreover, NBA High Shot is designing new methods for folks to work together with and use their Moments. With Hardcourt, customers would have the ability to management their gamers in a digital basketball court docket, take part in on-line tournaments, and presumably even compete for the possibility to win further uncommon Moments. Like all NFTs, NBA Top Shot’s Moments are only worth what someone else is willing to pay for them.
Join our multi-city series with stops for NBA fans and collectors around the world. Your Moment™ NFTs are more than just beautiful collectibles. They’re also like a starting lineup for weekly games with unique prizes that you can win. Just like NBA gambling, participants are looking for value in the Top Shot Marketplace. When we peruse the NBA lines each night, we’re looking for the spots where sportsbooks have incorrectly predicted an outcome and thus offered us quality odds for a game we feel confident will go differently.
Whereas High Shot makes use of sure advantages of blockchain expertise (i.e., traceability and immutability), it won’t meet the expectations of individuals and establishments who view blockchain as a method to maximise decentralization. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication.