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NFT News

NBA Top Shot to Sell Exclusive NFT in the Live Basketball Games

Top Shot would make “moments” available for exclusive purchase from a physical location. This would be the first time that “moments” would be sold at an NBA game.

Written By Dhara Chavda
Published 2021-08-04
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NBA Top Shot to Sell Exclusive NFT in the Live Basketball Games

NBA Top Shot, pro-basketball NFT collectibles will sell its exclusive tokens at the NBA Summer League Game in Las Vegas. Top Shot would make “moments”  available for exclusive purchase from a physical location. This would be the first time that “moments” would be sold at an NBA game. 

NBA Top Shot is showing out in a MAJOR way at #NBASummerLeague

For the 1st time EVER, Top Shot collectors will have the ability purchase a Moment in-arena, and receive a Moment from a game they saw in-person — avail at our Top Shot Kiosk in Vegas.

More: https://t.co/dWtZI0J4wc pic.twitter.com/aRwk96Yw2p

— NBA Top Shot (@NBATopShot) August 3, 2021

The NFTs will commemorate the highlight of each game on August 8, 9 and 10. The demand of the NFT will determine the total number of moments minted. But it will mint at least 1000 copies of each edition. Fans can purchase 10 tokens daily per person.

Match attendees can pre-order the tokens from the Top Shop kiosk in Las Vegas’s Thomas and Mack. These yet-to-be-created tokens are worth $5 each. They will transfer the NFTs to the Top Shot accounts of buyers after the creation “as quickly as possible,” according to blog post.

Also Read: FTX Partners with Dolphin Entertainment to Launch new NFT Marketplace

The first batch of moments seems unlikely to become valuable collector’s items in the future. With the event hosting off-season games, the NFTs will primarily feature freshly drafted rookies and minor league players.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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