NBA Top Shot is a crypto-collectible consumers can purchase as a non-fungible token (NFT). Each collectible is tied to a blockchain — a digital ledger similar to the blockchains used for digital currencies like bitcoin. This effectively gives each NFT a unique and non-hackable certificate of authenticity.
How do you buy NBA Top Shot NFT?
People interested in getting involved on NBA Top Shot have to go to the website, nbatopshot.com, to sign up like they would if they were to buy or sell things on Amazon or eBay.
How much is NBA top shot worth?
23, the combined market cap value of all moments on NBA Top Shot was roughly $1.9 billion—greater than the median value of an NBA franchise, according to Sportico. Dapper Labs, the company that makes Top Shot, recently raised funds at a valuation of $2.6 billion.
Can you withdraw money from NBA Top Shot?
NBA Top Shot withdrawal requests work only with banks based in the United States, but you can also move your money to an e-wallet. You can withdraw a minimum amount of $30 with a $25 processing fee. The NBA Top Shot withdrawal procedure requires identity verification.
Why is NBA top shot worth money?
NBA Top Shot has kept the prices on packs cheap enough where basically everyone who gets one is guaranteed to profit off it. That may not always be the case, but it’s the case at the moment. That’s one of the biggest differences between buying a pack of physical sports cards and buying a pack on Top Shot.
How do you get top shots?
You can either buy singular Top Shots on the secondary marketplace or purchase card packs from NBA Top Shots directly. Currently, all card packs are sold out and often sell out extremely quickly after the release. NBA Top Shot has 2 types of card packs: a base set and a Rising Stars pack.