NBA Top Shot is the latest crypto collectibles craze, in which the most iconic moments in NBA history are turned into non-fungible tokens, or NFTs.
An NFT is a special type of cryptocurrency token that’s cryptographically unique—meaning that, like physical collectibles such as trading cards, they have a limited supply. And they’re becoming a worldwide phenomenon—with NBA Top Shot leading the way.
NBA Top Shot lets you collect basketball moments. Image: NBA Top Shot.
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.
What are NBA Top Shot collectibles?
NBA Top Shot is the biggest mainstream example of digital collectible cards. You can think of them as tradin
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