NBA Top Shot moments are now being bought at sold on eBay. The blockchain-based platform of specially created, numbered video clips has become a monster hit less than a year after it launched in beta. Over a recent 30-day period, Top Shot had a sales volume of nearly $125 million, pacing all Crypto collectible markets.
The platform is a collaboration between the NBA, its Players Association and Dapper Labs
In Top Shot, digital “packs” are opened with short highlight clips and rare “Moments” that can be collected, traded or sold. The attraction of Top shot brings together a pair of hot markets in sports cards and cryptocurrency, although traditional card collectors have generally resisted calling anything digital a “card.”
NBA Top Shot moments are non-fungible tokens (NFTs) which create digital ownership with scarcity built in. Dapper Labs determines the quantity of each highlight and places a number on them, similar to a serial number on a physical trading card. The “moments” selected for packs are designated Common, Rare or Legendary. That’s what determines the prices of the packs.
Dapper Labs’ Flow blockchain enables participants to own the digital collectibles and have the autonomy to buy/sell/trade them for real-money results.
New Moments drop every week and Top Shot is already a robust marketplace. The platform has been averaging over 30,000 new users per week.
Following a beta test, Top Shot opened to the public in October 2020 and was a hit out of the gate. By mid-February, 14 over two dozen Top Shot moments had sold for $50,000 or more, including three sales that reached six figures: two blocks by Zion Williamson and a dunk by LeBron James.
Players themselves have been buying into the game.
“Collecting NBA Top Shots is a lot of fun – and thanks to the Flow blockchain, your collections are worth real money,” stated Roham Gharegozlou, CEO, Dapper Labs, adding, “the NBA Top Shot community is the best I’ve ever worked with: people are always happy to help. We knew that the benefits of blockchain would be obvious to sports fans, they’re already collectors, after all, but to scale to the size of basketball fandom, it had to be on Flow.”
“I’m a big believer in the fact that technology can make people’s lives better, and blockchain is one of those kinds of technologies,” said Aaron Gordon of the Orlando Magic. “NBA Top Shot, on a scalable blockchain like Flow, is the first time fans can own a piece of the on-court action, and who wouldn’t want that?”
Dallas Mavericks owner Mark Cuban, who recently became one of the investors in Goldin Auctions, a traditional sports card and memorabilia marketplace, is a big believer in Top Shot, stating in his blog that it has parallels to the sports card market but is less laborious. “You have all the fun, none of those risks, and the value is still set by the same laws of supply and demand,” he wrote.
Some NBA Top Shot moments are now being sold on eBay. You can see them here and get a look at the ‘most watched’ NBA Top Shot auctions via the list below.
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NBA TOP SHOT PACK - SERIES 2 RELEASE 17 - 3 BASE MOMENTS
43 bids - Price: $550.00 - Watchers: 94
Item #124584461903
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NBA Top Shot - Cool Cats Drop 2 UNOPENED PACK
26 bids - Price: $755.00 - Watchers: 79
Item #203285072610
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NBA Top Shot - Cool Cats Drop 2. Unopened Pack (5 Moments Total)
9 bids - Price: $550.00 - Watchers: 63
Item #313429892856
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NBA TOP SHOT - Cool Cats Drop 2 Unopened Pack (Sold Out!)
42 bids - Price: $725.00 - Watchers: 62
Item #254876119681
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NBA TOP SHOT - Cool Cats Drop 2 Unopened Pack
43 bids - Price: $285.00 - Watchers: 43
Item #124594020481
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NBA TOP SHOT- Keldon Johnson #8755 Series 2
23 bids - Price: $50.00 - Watchers: 33
Item #393141662836
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NBA Top Shot Unopened Series 2 Release 20 Pack
30 bids - Price: $157.50 - Watchers: 33
Item #154344467557
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NBA TOP SHOT PACK - SERIES 2 RELEASE 19 - 3 BASE MOMENTS
11 bids - Price: $305.00 - Watchers: 32
Item #124591543045
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🔥NBA TOP SHOT Zach Lavine #14523 Series 2🔥
39 bids - Price: $81.00 - Watchers: 31
Item #393142956721
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NBA TOP SHOT PACK - SERIES 2 RELEASE 18 - 2 BASE MOMENTS
24 bids - Price: $305.00 - Watchers: 31
Item #353397858587
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Nba Top Shot Luka Doncic #2044 Series 2
13 bids - Price: $420.00 - Watchers: 30
Item #383969462398
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JOSH HART SERIES 1 NBA TOP SHOT EARLY ADOPTERS LIMITED EDITION #208/1325!!! NFT
32 bids - Price: $338.00 - Watchers: 29
Item #114697386835
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NBA TOP SHOT PACK - SERIES 2 RELEASE 20 - 3 BASE MOMENTS
46 bids - Price: $152.50 - Watchers: 28
Item #124593620943
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NBA TOP SHOT- Shai Gilgeous-Alexander #12184 Series 2
29 bids - Price: $105.00 - Watchers: 27
Item #393141665163
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Julius Randle Dunk Cool Cats S2 NBA Top Shot NFT Digital Card Moment #6676/10000
41 bids - Price: $680.00 - Watchers: 27
Item #164713163557
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🔥NBA TOP SHOT Dwight Howard #11210 Series 2🔥
26 bids - Price: $34.00 - Watchers: 27
Item #393142961343
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Tyler Herro NBA TopShot Digital NFT Collectible #668/15000 LE
21 bids - Price: $202.50 - Watchers: 26
Item #203286822952
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NBA TOP SHOT PACK - SERIES 2 RELEASE 19 - 3 BASE MOMENTS
29 bids - Price: $285.00 - Watchers: 23
Item #154343985373
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D'Angelo Russell Jump Shot Cool Cats Series 2 NBA TOP SHOT NFT Moment
35 bids - Price: $122.50 - Watchers: 21
Item #393147231111
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TOBIAS HARRIS SERIES 2 NBA TOP SHOT COOL CATS LIMITED EDITION #3430/5000!!! NFT
24 bids - Price: $200.00 - Watchers: 20
Item #114697376261
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Nba Topshot- The Gift Card Whole Set
24 bids - Price: $1,009.00 - Watchers: 20
Item #284195921774
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NBA Top Shot Series 2, Release 20 ***UNOPENED*** LIMIT OF 5000
15 bids - Price: $365.00 - Watchers: 20
Item #174652082897
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🔥NBA TOP SHOT Jermani Grant #7609 Series 2🔥
17 bids - Price: $58.00 - Watchers: 19
Item #393142965068
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🔥NBA TOP SHOT Kendrick Nunn #6533 Series 2🔥
20 bids - Price: $46.00 - Watchers: 19
Item #393142974518
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NBA TOP SHOT COOL CATS DROP 2 - UNOPENED PACK -SOLD OUT
3 bids - Price: $560.00 - Watchers: 19
Item #233908495003
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