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The NBA set up a blockchain advisory board. We explore potential basketball use cases: collectibles (NFT), ticket payment, tokenizing players and ticketing
What exactly is an NFT? What makes them so valuable? And what might the future hold for these digital assets?
The explosive (and inclusive) potential of NFTs in the creative world Digital collectibles are having a very large moment. Just last month, a piece of digital art by Beeple sold for $6.6 million on online art marketplace Nifty Gateway. Meanwhile, Linkin Park’s Mike Shinoda recently sold clips of a song via online marketplace Zora. Over on Dapper Labs’ NBA Top Shot, more than 200,000 people recently waited hours for the chance to buy one of just 10,631 packs of digital NBA moments. Those marketplaces, along with others, are where people go to buy digital assets, or, non-fungible tokens (NF...
31 Thoughts: Why NHL is exploring the NBA Top Shot trend Edmonton Oilers forward Connor McDavid celebrates a goal versus the Columbus Blue Jackets. (Andy Devlin/Getty) | March 2, 2021, 4:30 PM March 2, 2021, 4:30 PM • Will NBA Top Shot come to the NHL? • Kekalainen backs Tortorella Jesse Schwarz is laughing before the question is finished. “I got a couple of messages like, ‘Have you lost your mind?’” he says from Los Angeles. “Someone tweeted at me, ‘You could have a small family home, but cool.’ But I love it…. It’s like day-trading-meets-sports-meets-fantasy.” Last ...
Digital content has value, and crypto collectors are flocking to lay their namesake on the biggest collections of tomorrow.