NBA Top Shot and the Billion-Dollar NFT Craze

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  • Опубліковано 25 лип 2024
  • In this episode, we explore the journey of NBA Top Shot, an NFT project by Dapper Labs that transformed sports collectibles.
    How after the Crypto Kitties phenomenon, Dapper Labs tackled Ethereum's scalability issues by launching the Flow blockchain and creating a home for digital highlights of iconic NBA moments. NBA Top Shot quickly ascended as a mainstream NFT project, reshaping the marketplace and fan engagement.
    From the frenzy of Series 1 pack drops to the strategic development of fantasy sports and the inclusion of WNBA, NBA Top Shot is redefining digital trading cards and fan experiences.
    Chapters:
    0:00 - Intro Music
    00:37 - Intro
    01:09 - Background of Dapper Labs: Flow Blockchain,
    04:00 - Introduction of NBA Top Shot: NFTs
    05:16 - NBA Top Shot's Success
    09:01 - Challenges Faced by NBA Top Shot
    12:18 - Market Transformation and Dapper's Response
    14:19 - Evolution of NBA Top Shot
    15:54 - Conclusion and Reflection
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КОМЕНТАРІ • 6

  • @centralpahoops
    @centralpahoops 3 місяці тому +6

    Really fair and balanced. TopShot is definitely on the right track. Lots of positive changes in the past 2 years. Leaning into rookie scarcity has been a big key. FastBreak game is really well done and fun utility for moments. Various burn LB's help keep supply in check.

  • @jakeaycock8014
    @jakeaycock8014 3 місяці тому +3

    Amazing video, seems like it could’ve been a Netflix documentary that I’d for sure watch lol. The addition of the game fastbreak as well as NFL ALLDay and Disney Pinnacle have taken dapper and flow to the next level! Very bullish and excited for the future.

  • @Ruuod
    @Ruuod 3 місяці тому

    The one issue I have with flow and its ecosystem is that almost all projects were just images or cardgames. Nothing significant in RWA sector
    So much missed opportunity

    • @andrewiggins22
      @andrewiggins22 3 місяці тому +1

      u dont need RWA. think this RWA narrative applies in some cases but not here, nbatopshot paid a lot to have these properly licensed. the world is heading to digital and the nft itself is the asset. ppl might not understand this and think physical is needed all the time but when it clicks everyone will get it.

    • @Ruuod
      @Ruuod 3 місяці тому

      @@andrewiggins22I am not tatlking about this cycle and the narratives. I am talking about usecases and prices so far away from reality for most of the flow projects.
      for example, when it launched there were cardpacks for some no-name cardgame going for 2k FLOW, which was like 15k$ back then. after that there were a bunch of low level pixel arts no one can use. you could be so creative in solving real problems with NFTs. Most projects were just utter garbage. I hope this changes