nba top shot

NBA Top Shot is a blockchain-based NFT marketplace that allows people to buy, sell, and trade non-fungible tokens (NFTs). The platform was designed as a joint venture between the National Basketball Association (NBA) and Dapper Labs, created by binding an experience similar to collecting traditional sports trading cards. The project is aiming to create a gamified experience for users. 

• Founded: 2020
• Headquarters: Santa Clarita, California, United States

Key Features:

• Moments are the foundation of the marketplace's ecosystem. Each Moment is the video highlights linked to NFTs.
• Users can buy and sell Moments allowing for real-time trading of collectibles.
• Offers challenges where specific Moments can be used to earn rewards.
• Users can share their favorite Moments and collections on social media encouraging interactions between fans and collectors. 

NBA Top Shot has a partnership with NBA and Dapper Labs, which are the creators of CryptoKitties. Top business enthusiasts are the investors of the firm including the NBA legends Michael Jordan, Kevin Durrant, and Klay Thompson. 

FAQs

1. Does the NBA Top Shot offer a mobile app?

Yes, it provides a mobile app that gives easy access to packs, collections, and marketplace activities improving user experience.

2. How secure is the NBA Top Shot?

It implements various security features including Anti-fraud measures, identity verification, compliance with regulations, and user control over funds.