NBA Top Shot: Basketball NFTs

October 10, 2023 · 1 min read
Cryptocurrency collectors have recently found a new hobby – NBA Top Shot digital assets. These are GIFs of highlights, i.e. the most iconic moments in NBA history. These assets are represented by non-fungible tokens known as NFTs. These tokens are unique and exist in a single copy.

NBA Top Shot cards are very highly valued among these types of digital assets. In August 2021, Top Shotdid more than $37,5 million in sales. As the project attracts more and more attention, the value of digital assets is steadily increasing. At the moment, Top Shot tokens are offered for purchase for $14, and the most expensive card with an image of LeBron James’ dunk was sold for $387,600.

What is NBA Top Shot?