NFTs of NBA Top Shots have taken both the crypto and the real world by storm. And the sales figures prove that.

NFT Slamdunk!

A basketball-focused collectible card trading game by blockchain games developer Dapper Labs has hit over $230 million in sales, a report by business outlet CNBC said Sunday.

For the uninitiated, the trading cards are a type of non-fungible token, or ‘NFTs’ as they are popularly known. These are a cryptographic representation of ownership on a blockchain and can be used for proving one’s ownership of the rights to both tangible and non-tangible objects, such as real estate, trading cards, crypto art, and virtual land.

Called the “NBA Top Shots,” the card trading game exclusively uses NBA highlights and digital artwork created on Flow, the blockchain protocol built by Dapper. Some individual Top Shots have sold for over tens of thousands of dollars apiece.

(Read more)

You may also like

There is something wrong with Feed URL