"When I had that disposable income, I was like, 'I want to buy it.' I just wanted to feel like a kid again," he says. "I think the trading card boom certainly kind of kicked it off," Dapper Labs' Tedman says of the current interest in digital sports collectibles.Īs an adult with a successful business, Avidar sought out the card. Whatever happens, the platform's emergence comes as the overall market for sports cards has seen a major resurgence in recent years. Even Cuban believes that "pricing will settle down" for NFTs like Top Shot moments over time, but he's adamant that the interest in the blockchain technology behind them is legitimate and not going anywhere.Īnd Tedman notes that Top Shot's success has been driven by more than just six-figure sales, as the platform has performed more than "half a million transactions in the $9 range." Not surprisingly, there are plenty of skeptics who believe the high prices and massive demand for Top Shot moments are bound to fall back to earth. The Vancouver-based company is now reportedly valued at $2 billion, and more than $280 million has been spent on the NBA Top Shot platform since it launched online in October, according to data tracker CryptoSlam. "The amount of stuff that we can cram into a collectible is a lot more than you could have on a physical ," Tedman says. It's the spectacular play that happens on the court every night," says Tedman.ĭapper Labs also built off the key features of physical trading cards and added digital elements like video highlights, animations and a wider array of player statistics. 26, for instance, more than 200,000 collectors waited in an online queue for the chance to buy one of just over 10,600 new virtual packs of those NBA Top Shot moments in Dapper Labs' latest release event (each pack, which cost $99, contained six moments total).Ĭount Mark Cuban among the investors obsessed with NFTs, as the billionaire owns moments featuring dunks of his own Dallas Mavericks players and he recently said he'd focus on blockchain and NFTs if he were to start a new business today.Ĭaty Tedman, one of the creators of NBA Top Shot and the head of marketing and team partnerships for Dapper Labs, tells CNBC Make It that it's been "exhilarating" keeping up with the demand the platform has already seen. (NFTs, or non-fungible tokens, can take the form of anything from a sports collectible to so-called "crypto art." A viral animation of a flying cat recently sold for $580,000.)Įven though the moments for sale on NBA Top Shot feature video clips that can be found online for free, collectors are still lining up to shell out hundreds, even thousands, of dollars for the bragging rights to officially own a unique or limited run moment that's been licensed by Dapper Labs and the platform's partners, the NBA itself and the league's players association. Vancouver-based Dapper Labs has raised more than $357 million in funding from investors such as private equity firm Coatue Management, current NBA players like Kevin Durant and Andre Iguodala, and even NBA legend Michael Jordan.ĭigital trading cards have been around for several years on mobile apps, but blockchain technology has changed the game, allowing platforms to actually track ownership of digital assets, like NFTs. There is a furor around digital collectibles like those sold by Panini America and platforms like Dapper Labs' NBA Top Shot, where users buy and sell short video highlight clips, called "moments," featuring NBA players. Get 1-of-1 valuations for your 1-of-1 NFT collectibles at MomentRanks.The sports card trading boom has officially extended to the virtual world. is the premier NBA Top Shot and NFT resource for account and Moment valuation down to the serial number, marketplace tools, the latest sales trends and data, and more. Get 1-of-1 valuations for your 1-of-1 NFT collectibles at Ĭopyright MomentRanks, Inc. The pod starts with updates from the Top Shot dev diary and the EV of the WNBA In Her Bag packs.Ĥ:15 - WNBA In Her Bag Legendary pack dropġ1:50 - Common Top Shot sets coming in Series 3Ģ8:00 - Legendary Top Shot sets in Series 3ģ2:00 - Overall Top Shot Roadmap thoughtsįollow Max Minsker on Twitter: MomentRanks on Twitter: by Christian Hardy: by Soulker. On this episode, Max Minsker explains everything you need to know from the roadmap, including sets we can expect. As the NBA season tips off, NBA Top Shot released its long-awaited Series 3 roadmap, detailing the packs, sets, edition sizes, and more expectations for Series 3.
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