What is NBA Topshot?

The NBA’s Top Shot product is a blockchain-based virtual trading card platform. It was born out of a partnership between the NBA, the NBA Players Association, and Dapper Labs. The platform runs on the FLOW blockchain, which was created by Dapper Labs to be a “developer-friendly blockchain built to support the next generation of games, apps, and digital assets.”

Ultimately, the system operates just like trading cards, except that it combines NBA highlights and digital art. The NBA licenses reels to Dapper Laps, who then creates Moments from the footage. Moments are video highlights that have been attached to NFTs. Each has a unique digital serial number that guarantees the authenticity and indicates how rare the Moment is. Moments are the foundation that make up the Top Shot ecosystem.

NBA Top Shot allows users to buy, sell, and collect NBA NFTs that showcase influential “Moments” minted on the FLOW blockchain. Some Moments are rarer than others, with the rarest versions being worth the most.

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In the table and graphs below, we can see the number of buyer's and sellers' number of transactions; View daily sales volume by PLAY_TYPE.

The first chart shows the number of transactions based on PLAY_TYPE with distinct colors and their names. The highest number of transactions on the sixth of May is for Rim, which has more than 16,000 transactions per day, followed by Assist with more than 7,600 transactions on the fourth of May.based on the NBA calendar, it can be understood that the most significant number of daily purchases and sales occurred during the Conference Semifinals games. Then this volume of sales during the Conference Finals games is still favorable until the middle of the Finals, but from the 9th of June and as the end of the competition approaches and the championship is determined; The volume of sales has decreased, of course, the conditions of the crypto market and its fall have also had an impact on this matter. Currently, we are witnessing a relative increase in daily purchases and sales volume, which is expected to exceed its previous ceiling as the competitions become more sensitive and the crypto and NFT market improve.

The donut chart below shows the sales volume of each NFT (based on PLAY_TYPE), where Rim has the most significant sales volume by a large margin, followed by 3Pointer and Assist. The 2Pointer and Dunk/layup rank last and second to last, respectively.

In the chart below, the cumulative volume of sales is shown daily, the slope of the graph indicates the existence of a suitable and acceptable volume of the project, and one of the factors required to check the health of an NFT project is the use of the cumulative volume of daily sales.

The table and graphs below show the number of purchases and sales and daily transactions; The daily sales In the table and graphs below, the number of purchases and sales and daily transactions; The daily sales volume and cumulative daily sales volume are also displayed. What is certain is the undeniable influence of factors such as the number of team fans; Which state does the team belong to? The presence of the team in the final stages and the final and finally, the championship of the team has a significant impact on the sales of the respective NFTs.

According to the donut chart below, the highest daily sales volume belongs to the Golden State Warriors, followed by the Los Angeles Lakers and Dallas Mavericks, and the lowest sales volume belongs to the Houston Comets.

In the table, the donut chart, and the bar chart below, the number of holders of each type of NFT is displayed based on PLAY_TYPE, in which Rim has the most holders and fans, and the least belongs to 2Pointer holders.

The table and graph below are arranged based on the daily sales made.

The table and graph below are arranged based on the lowest sales made per day.