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What is NBA Top Shot?

A Beginner’s Guide (2021) NBA Top Shot is the latest NFT-powered crypto collectibles craze. Want to buy your favorite basketball moment and own it forever? Here’s how. NBA Top Shot is a series of collectible trading cards issued as non-fungible tokens, or NFTs. Each NFT represents a "moment" from basketball history.

Does NBA Top Shot use blockchain?

All Top Shots are officially licensed by the NBA. The league partnered with Dapper Labs, a company that specializes in blockchain, to develop NBA Top Shot. Dapper Labs, which takes a 5% fee for transactions, is the company behind CryptoKitty, a collectible digital art form of non-fungible tokens (NFT). NBA Top Shot uses Blockchain? Yes.

Where are NBA Top Shot cards stored?

Rather, NBA Top Shot cards are stored on the Flow blockchain, which was built by Dapper Labs (the team behind early NFT phenomenon CryptoKitties). So they’re a little bit more complicated to get hold of. To get started, you’ll need to register for NBA Top Shot with Dapper. You can do this by clicking sign up on the Top Shot website.

How to get a moment NFT in NBA Top Shot?

All transactions on the marketplace are done using flow, the cryptocurrency that powers NBA Top Shot. You can opt to complete a challenge to obtain a Moment NFT. Challenges comprise of tasks that you need to complete to enter the challenge to be qualified for a reward.

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