The company created digital basketball cards that can be bought and sold virtually.

What is nft basketball. NBA Top Shot is a blockchain-based platform that allows you to buy sell and trade NFT non fungible token officially licensed by the National Basketball Players NBA. The blockchain-powered platform gives users the ability to not only buy digital packs of cards but also sell or trade them. They have been exploding in price.

NBA Top Shot is an NFT that allows customers to buy a digital moment from a game such as a spectacular dunk by Milwaukee Buck Giannis Antetokounmpo. NBA Top Shot is a blockchain-based trading card system where basketball fans can purchase sell and trade officially licensed video highlights moments with their favorite players. It can be an image file a song a tweet a text posted on a website a physical item and various other digital formats.

For soccer or basketball fans for instance NFT collectibles give you access to a global community of likeminded individuals. Today hes the founder and CEO of blockchain company Ethernity Chain which recently partnered with Lionel Messi to release an authentic NFT collection. Videos on the field.

With sales jumping up from 250 million in 2020 to close to 400 million in the first quarter of 2021 itself NFTs have captured the imaginations of artists and investors alike. What will you gain from this purchase. They are bought and sold online and they.

NFT is an acronym for non-fungible token which is a token much like a cryptocurrency. NBA Top Shot is a blockchain-powered platform for trading and transacting unique and licensed video highlights. These digital tokens exist on a blockchain and are unique and cannot be replicated.

NFT stands for non-fungible token. There will be exactly 40000 Mystery Baskets available on sale. To add even more excitement the developers have added a 015 chance that you will receive a super super rare animal NFT in your basket.