The First 5000 Days which sold for the equivalent of 70million.

What is an nft basketball. NFTs are non-fungible tokens. The cards feature art andor video clips highlighting noteworthy events in the NBA. When the Finals-winning players hoist the coveted Larry OBrien Championship Trophy you could buy an NFT to have a virtual champs ring for yourself.

A non-fungible token NFT is a unit of data on a digital ledger called a blockchain where each NFT can represent a unique digital item and thus they are not interchangeableNFTs can represent digital files such as art audio videos items in video games and other forms of creative work. A marketplace that sold clips of basketball. What Can NFTs Be.

NFTs can be almost anything. An NFT can be anything from music artwork basketball cards or even a. In the not-so-distant future your ticket to an NBA game could be an NFT.

Basically the NFT is a token that indicates you. A NFT non-fungible token is data added to a file that creates a unique signature. NBA Top Shot is a blockchain-based trading card system where basketball fans can purchase sell and trade officially licensed video highlights moments with.

In the simplest of terms an NFT makes digital items works of art or other collectibles into a one-of-a-kind asset that can be bought and sold by their makers and buyers like any other property. The blockchain-powered platform gives users the ability to not only buy digital packs of cards but also sell or trade them. This basically means that someone can own a digital file and that its marked with code to differentiate it from any digital replicas.

Today hes the founder and CEO of blockchain company Ethernity Chain which recently partnered with Lionel Messi to release an authentic NFT collection. In fact you can buy NFTs that represent artwork music and even videos of LeBron James dunking a basketball. An NFT is a unique digital file that represents things like photos or videos online.