The company launched WNBA packs and summer league packs earlier this season, which helped bring momentum during the NBA off-season. The 24 hours surrounding the launch of Run It Back 2005-06 saw NBA Top Shot recognize $7.62 million in sales and 99,526 purchases, according to the company. NBA Top Shot reported 9,921 purchases and $5.15 million in sales for Run It Back 2005-06 NFTs in an email. NBA Top Shot ranked eighth on CryptoSlam’s weekly list with $13.9 million in sales volume, up 134.5%.
He’s the best player in the league, but it is a random dunk against the Kings. Why It’s Important: NBA Top Shot climbed the NFT leaderboard last week on the heels of the Run It Back pack launch. The most famous is the LeBron James cosmic dunk. Related Link: NFL NFTs Coming From NBA Top Shot Parent Dapper Labs: What You Need To Know
#NBA TOP SHOT FOR FREE#
The packs are available for free for new collectors and for $9 for seasoned NBA Top Shot users, with a limit of three per person. A newly filed lawsuit alleges that the sale of NBA Top Shot Moments is in violation of the federal Securities Act of 1933, which is a law that aims to ensure investor protection when.
#NBA TOP SHOT SERIES#
NBA Top Shot is also launching a new series called Fandom Moment featuring a guaranteed Dwyane Wade. Top names in the series include Dwyane Wade ($1,999), Vince Carter ($838), Tracy McGrady ($939), Jason Kidd ($574), Kevin Garnett ($545), Shaquille O’Neal ($3,234), LeBron James ($2,850), Tim Duncan ($447), Allen Iverson ($2,740) and Chris Paul ($610).įor many of the above mentioned names, the latest pack drop marked their NBA Top Shot debut, making them a potential must have for collectors. The lowest priced Run It Back from the pack is going for $140 on the NBA Top Shot marketplace.
Each pack contained a rare numbered-to-990 NBA Top Shot Moment featuring a moment from the 2005-06 NBA season. Run It Back 2005-06 was a new pack release priced at $169. What Happened: NBA Top Shot launched with moments from recent NBA seasons.
#NBA TOP SHOT FULL#
The video-based NFTs surged in popularity in late 2020 and early 2021 before seeing a drop in demand as supply rose.Ĭould new vintage moments bring NBA Top Shot back in full force? People are making an exorbitant amount of money from buying and selling sports highlights.NBA Top Shot has been one of the most popular non-fungible tokens of all-time. Money is the most obvious answer to the rise in NBA Top Shot popularity. Since exploding in popularity over the course of the 2020-21 NBA season, the blockchain-based platform has grown its userbase from 50,000 accounts in February with at least one ‘moment’ owned to 420,000 as of April 14. By one estimation, not including Top Shot, nearly 500 million has been exchanged for NFTs. With prices skyrocketing in the sports memorabilia industry, NBA Top Shot is quickly emerging as the next frontier for opportunistic collectors. It’s one of the highest-profile dApps to target mainstream rather than purely cryptocurrency audiences. NBA Top Shot is just the latest entrant in a wider NFT marketplace to move massive sums. However, I know that a player like LeBron James is a good player, and is someone I should invest money in.īig money means sports betting like NBA Top Shot will continue NBA Top Shot targets several types of consumers through a single app interface, including traditional card collectors, memorabilia traders, cryptocurrency enthusiasts, fantasy sports players, and even the sports betting crowd. I have no understanding of stocks, and what shares I should purchase. However, now with Top Shot, I have found my passion for stocks and investments reinvigorated, because not only do I enjoy the NBA, but I understand that world. That search got me nowhere, besides having even more questions than when I started.
#NBA TOP SHOT HOW TO#
I tried to watch YouTube videos to understand what in the world was going on in the stock market, and simply how to make an investment. However, when an already established passion is involved, people will get excited, and in this case, sports is that passion.įor the sake of this argument, I will use myself as an example.Īt the beginning of the pandemic, I told one of my friends I wanted to invest in the stock market. It was obvious that the demand for Top Shot Moments dwindled with. It takes a lot for people to try and understand the ins and outs of the cryptocurrency world because let us be honest, it is very confusing. Series 2 for NBA Top Shot has officially wrapped, and unfortunately, instead of going out with a bang, it ended with a whimper.
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