What Is NBA Top Shot?

NBA Top Shot is a digital collectibles platform developed by Dapper Labs on the Flow blockchain. It allows fans to buy, sell, and trade officially licensed NBA NFTs that represent iconic moments from basketball games, such as a LeBron James dunk or a Steph Curry three-pointer. Each Top Shot NFT is a unique digital asset that is stored on the blockchain and verified by a smart contract. This means that each NFT has a unique identifier, and its authenticity and ownership can be verified through the blockchain. The popularity of NBA Top Shot has grown rapidly since its launch in 2020, with some moments selling for tens of thousands of dollars. The success of the platform can be attributed to the combination of the NBA's popularity and the use of NFTs, which has created a new market for collecting and trading basketball highlights. Top Shot also offers collectors the ability to own complete sets of moments, which can be valuable due to the rarity of certain moments and the desire of collectors to have a complete collection. The platform has created a new type of fan engagement and has introduced many people to the world of blockchain technology and NFTs.

NBA Top Shot in 2023 & Nikola Jokić