NBA Top Shot is an online company launched by Vancouver-based blockchain company Dapper Labs, and backed by the NBA, that allows users to procure a collection of digital basketball highlights, and then show off that collection to others. NBA Top Shot is leading an entire digital collectible ecosystem in a charge toward the normies. Each NFT represents a “moment” from basketball history. “This was absolutely the plan all along,” he said. So they’re a…, Read more:What is NBA Top Shot? NBA Top Shot Overwhelmed by Demand in Record $1M Pack Drop Danny Nelson Feb 26, 2021 Over 200,000 collectors waited in line Friday, hoping to buy into Dapper Labs' runaway NBA hit. Meanwhile, baseball cards, an industry in which Topps is all but synonymous, have rocketed in value during the pandemic as collectors park their stimulus checks in cardboard nostalgia. Listings for NBA Top Shots have begun appearing on the major eBay marketplace, as holders of the blockchain-based collectibles look to profit from the surging interest in non-fungible tokens ( NFT s). One NBA Top Shot Premium Pack is currently on sale on eBay for USD 2,500, while dozens of other packs are being sold for anything from USD 5 to USD 1,800. For example, for a Jayson Tatum jump shot, the lowest ask is $52; the highest sale, for serial #5206, $28,000. An NFT is a special type of cryptocurrency token that’s cryptographically unique—meaning that, like physical collectibles such as trading cards, they have a limited supply. NBA Top Shot in an online-only collection of NBA highlights which can be obtained by buying “packs” or purchased via auction. Dapper Labs, the creator of the CryptoKitties game, is helping the National Basketball Association, or NBA, become a magnet for digital collectibles. Unlike Dapper’s highlight-reel-esque NBA player moments, Topps’ initial offering appears to be just digitized versions of the firm’s physical baseball cards. Well, since the NBA Top Shot project is a partnership between Dapper Labs and the NBA, it has a stamp of authenticity impossible to replicate by a rogue NFT creator– and the NFT standard was primarily created for this reason. In 2020, the emerging crypto market... TeraBlock exchange raises $2.4M to develop crypto newbie-friendly interface United Kingdom-based crypto exchange TeraBlock announced the completion of a... San Francisco, CA, April 19, 2021 (GLOBE NEWSWIRE) -- Ilovegrowingmarijuana.com (ILGM) promises to sell high-quality seeds that come with... Share Tweet Share Share Email The first acquaintance with the cryptocurrency market can turn out to be a loss... 'Today Profit Reviews' - Is Today Profit Invest legit? Unlike traditional trading cards, these collectibles aren’t printed out on paper and sold in physical stores. This means you can keep them in your digital wallet and send them to other people, or sell them in online marketplaces. (Actually, Elon Musk did that with GameStop, too. The collectibles platform has already surpassed the famous CryptoKitties in terms of total sales, and it ranks first in the crypto-collectibles sector, as per data from CryptoSlam. You can think of them as trading cards, but instead of being printed on card, they’re kept on a blockchain. A collector of prized NFTs from Dapper Labs’ NBA Top Shot has turned down a $1 million offer for a single token depicting New Orleans Pelicans’ pro basketball star Zion Williamson.. NBA Top Shot, a blockchain-based collectibles game, is lauching in closed beta. BTC-0.03 %. Similar to trading cards, there are multiple cards for each moment. NBA Top Shot is the biggest mainstream example of digital collectible cards. The collector “jerlevine” bought the #1 Jersey Match S1 Holo Zion Williamson NFT on Jan. 25 for $100,000. Dapper Labs announced today that it has partnered with Circle to enable credit and debit card payments that settle in USD Coin (USDC), beginning with the officially-licensed NBA Top Shot game . The “For The Win” series comprises 10 specific moments from one of Spencer Dinwiddie’s jump shots to a Nemanja Bjelica three-pointer. The rare tier has packs of 150-4,999 cards and the legendary tier limits them to 25-499 cards. A Jayson Tatum assist. Dai 24h $ 1.00-0.000514-0.05%. “We knew we were going to do [baseball NFTs] at some point, and we just needed to get that experience and wanted to make sure that we did it right.”, (Topps began selling lower-profile NFTs last year in what company executives called a test run for the main event.). Topps hopes its licensed MLB play will also be able to capture collector interest. Please consider using a different web browser for better experience. Is Today Profit scam or legit? Packs are released in various sizes, with smaller packs increasing the rarity of the cards. The buy, sell and trade platform will give Topps an easy route to capitalize on the lucrative secondary market for NFTs. The 83-year-old card company, which announced plans to go public last week, revealed Monday it will issue its flagship baseball cards as non-fungible tokens (NFTs) in partnership with the MLB and the MLB Players Association (MLBPA). NBA Top Shot, a marketplace for non-fungible tokens, or NFTs, has generated over $230 million in sales, according to Dapper Labs. Dapper earns revenue via fees captured from peer … Top Shot features tokenized NBA highlights and also pairs with a mobile hoops game. — NBA Top Shot (@nba_topshot) March 1, 2021. NBA Top Shot is the latest crypto collectibles craze, in which the most iconic moments in NBA history are turned into non-fungible tokens, or Highlights are typically sold in packs ranging from $9.00 to $230.00. Topps, which was bought for $385 million and taken private by former Disney CEO Michael Eisner in 2007, is going public in a SPAC deal that values the company at $1.3 billion. NBA Prime Shot moments are non-fungible tokens (NFTs) which create digital possession with shortage in-built. And – should Topps’ late-April NFT launch also suffer from the overwhelming demand that intermittently ground NBA Top Shot to halt in March – Lent says his team is poised to deliver. Top Shots has generated more than $230 million in sales so far, although most of this has come from traders exchanging the collectibles after their initial sale. And they’re becoming a worldwide phenomenon—with NBA Top Shot leading the way. Each NFT represents a "moment" from basketball history. 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The unique crypto network offers enhanced speed and throughput tailormade to meet the requirements of crypto games by separating the job of crypto-miner or validator into four different roles. NBA Top Shot is built on Dapper’s Flow blockchain, allowing users to purchase “packs” that feature in-game moments. Topps wants to do for Major League Baseball (MLB) what Dapper Labs did with NBA Top Shot. The border designs move but the players stay put. This kind of reminds me of Bitcoin mining, where people solve certain puzzles or equations as quickly as they can to earn a coin… There are multiple trading sets too. Rather, NBA Top Shot cards are stored on the Flow blockchain, which was built by Dapper Labs (the team behind early NFT phenomenon CryptoKitties). Each NBA Top Shot is a non-fungible token, or a unique cryptocurrency. Depending on the player, highlight, or the scarcity of a particular moment, Top Shot prices can skyrocket. Source: A screenshot, nbatopshot.com. “This is the first step with our longest-term partner into this new space, and it’s just the beginning,” Lent said. Top Assets. In the case of Bitcoin, that means Elon Musk tweeting up the price of a coin. NBA Top Shot is the biggest mainstream example of digital collectible cards. The baseball card company, fresh on the heels of announcing plans to go public, is launching official MLB collectibles on the Wax blockchain later this month. Dapper Labs is reportedly valued at $2.6 billion. USD Coin 24h $ 0.999449-0.000044-0.00%. The underlying Flow Blockchain of NBA Top Shot is designed ground-up by Dapper Labs based on its experience with the highly successful CryptoKitties. If NBA Top Shot is any indication, however, the market for blockchain-based trading cards isn’t as robust as it once was. NBA Top Shot is the flagship product of Dapper’s new Flow blockchain. In brief NBA Top Shot is a series of collectible trading cards issued as non-fungible tokens, or NFTs. An NFT is a special type of cryptocurrency token that’s cryptographically unique—meaning that, like physical collectibles such as trading cards, they have a limited supply. Topps’ baseball NFTs are positioned to capitalize on two booming markets at once. A Beginner’s Guide (2021) – Decrypt, Why Bitbuy should be Favorite Crypto in Canada – West Island Blog, TeraBlock exchange raises $2.4M to develop crypto newbie-friendly interface By, Is ILGM a Legit Seed Bank? They are all rare cards. Some asking prices are now in the 6 figures. It launched in July 2020 before picking up traction from the start of 2021—with a number of its metrics showing positive signs. Metallic Gold LE Challenge 19 expires in 24 hours ⏰, Collectors have until Friday, March 19 at 10am PDT to acquire all 9️⃣ required Moments to score this exclusive reward of Terry Rozier throwing down a vicious over KD , More info: https://t.co/Rkg3ro7D3t pic.twitter.com/m3Db0aWGKK, — NBA Top Shot (@nbatopshot) March 18, 2021. Canada has witnessed an increase in investors and traders in the crypto market. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Although a handful of ballplayers have issued their own digital collectibles in recent weeks (albeit without team logos), the new project, set to debut on the Wax blockchain on April 20, marks MLB’s official entrance into the NFT space. In the last month alone, 100,000 people have purchased NBA Top Shot moments, according to data provider CryptoSlam, either hoping to possess their star’s favorite jump shot or to make money by selling it for a higher price. In just five months, NBA Top Shot boasts total sales of over $123 million, with nearly $60 million from upwards of 67,000 users coming in the third week of February 2021. Bitcoin $ 55,329.18 55,329.18. Topps’ baseball NFTs are positioned to capitalize on two booming markets at once. Within each pack, each card has its own serial number. 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WAXP, the native token of the Wax blockchain, is the 165th-largest cryptocurrency by market cap, according to CoinGecko. Each serial numbered Top Shot can have only one owner. NBA Top Shot is a series of collectible trading cards issued as non-fungible tokens, or NFTs. — NBA Top Shot (@nba_topshot) February 22, 2021. Image: NBA Top Shot. A collector of prized NFTs from Dapper Labs’ NBA Top Shot has turned down a $1 million offer for a single token depicting New Orleans Pelicans’ pro basketball star Zion Williamson.. Ethereum $ 2,294.96 ETH 7.07 % Dai 24h $ 1.00-0.05%. Each Top Shot features a moment from basketball history, in the form of a short video clip. The sports memorabilia market is currently a $5B industry. By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. ilovegrowingmarijuana.com Seeds Overview and Review, Basic rules for beginner crypto traders By Apoorv Gupta | TechBullion. NBA Top Shot, an officially licensed blockchain application from the National Basketball Association, has recently exploded in popularity — with single-day volumes exceeding $1 million for approximately half a month. Image: NBA Top Shot. Each Top Shot features a moment from basketball history, in the form of a short video clip. Up until last month, Top Shot had done about $7 million in sales. Topps’ pivot from cardboard to blockchain was a long time coming, Topps Digital Vice President Tobin Lent told CoinDesk in an interview. NBA Top Shot will be the first Flow dapp to integrate USD Coin. Dapper Labs determines the amount of every spotlight and locations a quantity on them, just like a serial quantity on a bodily buying and selling card. NBA Top Shot is the latest crypto collectibles craze, in which the most iconic moments in NBA history are turned into non-fungible tokens, or NFTs. The licensed game has brought in $2 million in revenue since June while in beta. It was born out of a deal a blockchain company named Dapper Labs did with the NBA in July 2019, but the company didn’t start doing anything significant until this season. “We try to learn from our competitors in the space like Dapper,” he said. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. NBA Top Shot is the latest crypto collectibles craze, in which the most iconic moments in NBA history are turned into non-fungible tokens, or NFTs. NBA Top Shot: USD $20,000.00 Devonte' Graham - Owned by cryptocoin_hawaii. Case in point: A LeBron James moment recently sold for over $70K. A Beginner’s Guide (2021) – Decrypt. Today Profit Reviews 2021 – Scam App or Recommended Investment? That’s a huge discrepancy for the same card—something to bear in mind if you’re looking to resell the cards. The collector “ jerlevine ” bought the #1 Jersey Match S1 Holo Zion Williamson NFT on Jan. 25 for $100,000. Top Shot is the brainchild of the NBA, which licenses the video highlights, and a company called Dapper Labs that uses blockchain technology to create digital experiences. Current prices range from $14 for a Rudy Gay dunk to $240,000 for a Ja Morant dunk. But these can cause prices to vary wildly. ... an ostensibly worthless meme coin … Dapper Labs’ NBA Top Shot was one of the first NFT tokens to garner wide attention this year. That it lives atop a walled blockchain powered by tokenomics is … According to data site Evaluate.market, the Top Shot market peaked in late February but has still clocked multiple millions in daily sales in subsequent weeks. Is Today Profit trading... NBA Top Shot lets you collect basketball moments. The licensed game is developed by Dapper Labs, the studio behind CryptoKitties. While the hype remains centered on NBA Top Shot… NBA Top Shot. NBA Top Shot, a marketplace for non-fungible tokens, or NFTs, has generated over $230 million in sales, according to Dapper Labs. These ultra-rare Moments celebrate pivotal NBA events and enduring hoops themes like Top Shot rookie debuts, game-winning daggers, and unforgettable circus shots. Wax runs on a fork of EOSIO, the software behind the EOS blockchain. NBA Top Shot has seen hundreds of millions of dollars in transactions in 2021 for its basketball equivalent. What is NBA Top Shot? With the increased attention, prices for NBA Top Shots are rising. The product is called NBA Top Shot. In October 2020, Dapper Labs unveiled its NBA Top Shot collectibles app. NBA Top Shot has seen hundreds of millions of dollars in transactions in 2021 for its basketball equivalent. The common tier includes packs that have 10,000 cards or more. Top Shot also holds challenges, laying out 10 different cards or highlights for a user to collect — collect all 10 in a set time period and you’ll get special bonus card. NFTs, or non-fungible tokens, are bursting into the mainstream—with everyone from famous musicians, to comedians, to UFC fighters getting …

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