What is NBA Top Shot?

Perhaps the most widely popular form of NFT collectible is NBA Top Shot by Dapper Labs. ink SportsCenter highlights meshed with trading cards. ese NBA-licensed highlight video clips (called plays) depict NBA players most impactful moments, such as a ferocious dunk or block. e moment is marked with the date and game in which it happened. In some sense, the video clip takes the place of a picture on a card.

Like cards, they are organized into sets. For now, these include Base, Rare and Legendary sets. ese clips are issued in digital packs, but include just one video clip per pack. Each clip is sequentially numbered to the order it was created and verified on the blockchain. Also similar to physical cards, lower serial numbers or those matching a player’s jersey number can bring more money.

If a serial number is limited or labeled “Edition Size,” then there will never be another unit created of that particular play. If it is labeled “Circulating Count,” then new units will be created of that particular play until a new play of the featured player is rotated into the set. Of course, particular units of a play can be bought or sold on the Top Shot marketplace, which shows the current owner of each unit. Some have already sold for $100,000 to $200,000. Top Shot has commanded nearly $500 million in sales with more than 800,000 registered accounts. However, these assets aren’t just for sky-high prices. More than 1 million transactions fall between $10 to $50. e platform also allows users to show off their collections and share on social media.