NBA Top Shot

 Basics

• Announced on: 31-7-2019
• Mainnet release: 9-2020
• Based in: America

• From The Defiant (12-2-2021):

"NBA Top Shot is a line of officially licensed, collectible NFTs (made by CryptoKitties creator Dapper Labs) showcasing the best moments from NBA games."

Token

Token Details

• Has no platform token but sells short clips of NBA moments as NFTs.

Technology

• Whitepaper can be found [insert here].
• Code can be viewed here.

Implementations

• Built on: Flow

How it works

• Is centralized (19-2-2021).

• From The Defiant (12-2-2021):

"Unlike most other collectible NFTs, which are dropped on marketplaces like Nifty Gateway, and issued on Ethereum, NBA Top Shots primarily live on their own official hub site (although, like other NFTs, they are still transferable to outside wallets), and are issued on the Flow blockchain."

• From Decrypt (19-3-2021):

"NBA Top Shot is the biggest mainstream example of digital collectible cards. You can think of them as trading cards, but instead of being printed on card, they’re kept on a blockchain. This means you can keep them in your digital wallet and send them to other people, or sell them in online marketplaces. Similar to trading cards, there are multiple cards for each moment. Packs are released in various sizes, with smaller packs increasing the rarity of the cards. The common tier includes packs that have 10,000 cards or more. The rare tier has packs of 150-4,999 cards and the legendary tier limits them to 25-499 cards.

To get started, you’ll need to register for NBA Top Shot with Dapper. You can do this by clicking sign up on the Top Shot website. Creating a Dapper account gives you a wallet that stores funds and enables you to purchase crypto collectibles.

After that, what can you do with them? Well, you can store the cards and watch the moments when you want. You can then put them up for sale, or, if you’re generous enough, you can gift them to a friend. What you can’t do is use the footage in the Top Shot yourself, or modify the image without permission—in fact, the NBA’s lawyers have put together a laundry list of prohibitions restricting what you can do with their costly IP."

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Usage

• From Dappradar (26-1-2021):

"NBA Top Shot has already smashed multiple NFT sale records and amassed thousands of users."

• From The Defiant (12-2-2021):

"NBA Top Shot boasts $50M in total marketplace transactions after launching last fall. For comparison, CryptoKitties, which launched in 2017, has just over 35.5M in all-time sales, while Decentraland, which has the highest all-time volume on nonfungible.com, has $40M in total sales since its 2017 launch."

• From Decrypt (19-3-2021):

"In the last month alone, 100,000 people have purchased NBA Top Shot moments, according to data provider CryptoSlam, either hoping to possess their star’s favorite jump shot or to make money by selling it for a higher price. With the increased attention, prices for NBA Top Shots are rising. Current prices range from $14 for a Rudy Gay dunk to $240,000 for a Ja Morant dunk."

Pros and Cons

Cons

• Is centralized (19-2-2021).
• Users have been complaining about its slow and limited withdrawal functions (3-3-2021).

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Jeff Marsilio; ex Senior Vice President (26-3-2021).