Fans and collectors of the most prestigious professional basketball league in the world, the NBA, are jubilant. And it is that they can already have the memories of the most memorable plays of this exciting sport .
With the creation of the Top Shot of the NBA a lover or fan of this sport can buy short videos of spectacular plays or the best moments of his favorite player. He can obtain it to collect or resell it at auctions and thus increase his capital as if it were a stock exchange.
The NBA Top Shot is an application sponsored by the Dapper Labs company , and that gathers the most spectacular moments of the NBA and transforms them into collectibles in the form of video in NFTs . These collectible cards are then monetized and traded on the platform as an auction.
Due to the large number of affiliates that the platform has, the sales of these clips can reach astronomical prices . The value of these videos depends on supply and demand as well as the attractiveness of their content.
Despite being only a few months old, the digital platform has become very popular . Not only fans of this sport are infected by this NBA Top Shot fury, but the players themselves and former players are investing large sums of money.
Several specialists in the field say that the rapid success of the NBA Top Shot is due to the large fans that follow this sport and the strategy behind its creation by bringing closer to the fans with the players and immortalize the most relevant moments of the sport of heights .
How does the NBA Top Shot work?
The United States professional basketball league, the NBA , decides which moments or clips it considers iconic in this sport. Then the Dapper Labs company lists them with a numbering and determines how many of them will be placed for sale or auction .
Subsequently, several of these moments are stored in digital envelopes or collectible cards that will be put on sale on the same platform . The prices of these extras will depend on their content.
The more rare or iconic moments a digital envelope has, the more value it will have . The price also varies depending on the number of clips you own and what kind of players appear in the videos.
Once someone buys one of these digital files, will be registered in the electronic database of the platform as the owner of them . Whoever has acquired them could either leave them for their collection or place them later for sale.
The price of each moment or clips that the digital envelope contains can be auctioned and its value will depend on whether it is a limited edition rarity that will never be published again or if, on the contrary, it is a play that it may possibly appear repeated.
The platform continues to be renewed every day and placing more digital envelopes for sale. If someone wants to own a special moment that is published, they must be very aware of the news that is published in the NBA Top Shot .