NBA Top Shot is currently sweeping the nation. However, many people still do not know what the phenomenon is. Think of the concept as a mix of trading cards, gambling, DFS, and the stock market, with a bunch of strategies involved.
The “Moments” are virtual sports cards that integrate short clips of the NBA in a package with player statistics and 3D animations. The company has a licensing agreement with the NBA and NBPA, which allows them to recreate those moments and put them on their platform.
The product was developed by Dapper Labs, a company also known for its once popular Cryptokitties game. Dapper Labs uses blockchain technology to ensure production transparency. The blockchain also helps verify the authenticity of these digital collectibles called non-fungible tokens (NFTs).
A lot of people ask, “Can’t I just watch this dunk on my …
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