NBA Top Shot Explained in Simple Terms New, 114 comments The NBA’s venture into blockchain basketball cards isn’t complicated, but you need to know a few things before diving in. It uses blockchain technology to allow users to buy digital “moments” from NBA games. VANCOUVER, BC – The National Basketball Association (NBA), National Basketball Players Association (NBPA) and Dapper Labs, the leading consumer blockchain company and creator of CryptoKitties, today announced the development of NBA Top Shot, a new digital platform for basketball fans to collect, trade and own some of the greatest moments in league history on blockchain. More than 200,000 people entered a recent Top Shot release, and the resale marketplace has seen more than $300 million in sales. The move comes amid the exploding popularity of NBA Top Shot, digital collectibles that are being sold by league licensing partner Dapper Labs on its Flow blockchain. Dapper Labs, which takes a 5% fee for … NBA Top Shot est une plateforme lancée par un spécialiste canadien de la Blockchain, Dapper Labs. First, I’ll just come out and say that I like how these folks are trying something new and using blockchain to engage with basketball fans. Every NBA Top Shot Moment is generated using the Flow blockchain technology, which means that each Top Shot Moment can be verified for authenticity and can’t be counterfeited. Top Shot is the brainchild of the NBA, which licenses the video highlights, and a company called Dapper Labs that uses blockchain technology to create digital experiences. The NBA declined to comment. NBA Top Shot Is Dunking On Blockchain. The league partnered with Dapper Labs, a company that specializes in blockchain, to develop NBA Top Shot. NBA Top Shot is a blockchain-based platform that allows fans to buy, sell and trade numbered versions of specific, officially-licensed video highlights.. What is NBA Top Shot?. NBA Top Shot Likes Blockchain. The Dapper Labs NBA partnership was announced in 2019, setting the foundation for NBA Top Shot’s success in 2021. 2021-03-24 21:30 in Culture Words By Patrick McGraw. It’s worth noting that Dapper Labs uses the Flow blockchain rather than Ethereum, citing Ethereum’s scalability issues as the primary obstacle to building NBA Top Shot the platform. They’re part of a larger group of blockchain-based digital collectibles called non-fungible tokens. NBA Top Shot. NBA Top Shot was created by a company called Dapper Labs with a partnership with the NBA.
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