What Is NBA Top Shot: A New Way To Score NFTs
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The National Basketball Association (NBA) is one of the world’s most popular sports leagues, with millions of fans in the U.S. and all over the world regularly tuning in to watch its games. In 2020, blockchain technology venture Dapper Labs, in partnership with the NBA, launched a basketball-themed NFT platform called NBA Top Shot.
The platform is now among the most popular NFT and collectible crypto projects. Thanks to the NBA’s massive popularity, NBA Top Shot has also contributed significantly to raising the awareness of the NFT and blockchain concepts among wider consumer audiences.
What Is NBA Top Shot?
Canadian blockchain technology developer Dapper Labs is a well-known outfit in the crypto industry. The company was behind the hugely popular CryptoKitties, the first high-profile play-to-earn NFT game. In 2019, Dapper Labs announced the launch of its own blockchain network, Flow (FLOW), as well as a partnership with the NBA to introduce the NBA Top Shot NFT platform.
The platform went live in October 2020. NBA Top Shot allows its registered users to trade short video clips from National Basketball Association (NBA) and Women's National Basketball Association (WNBA) games. Each video is an NFT of its own.