NBA Top Shot has lit the sports collectible world on fire since it launched last October, doing more than $200 million in sales with no sign of slowing down.
On February 23rd, a LeBron James Moment set a new NBA Top Shot record, selling for $208,000. The Moment or highlight of LeBron James’ dunk on Nemonja Bjelica in 2019 was part of NBA Top Shot’s Cosmic Series 1 Set and was pulled out of a pack.
NBA players have gotten in on the craze, from discussing their own plays, which they think are “Moment” worthy, to collecting the Moments of their peers. Josh Hart and Terrence Ross have even broadcasted live streams of themselves opening packs.
According to ESPN, Dapper Labs, the company behind NBA Top Shot, has begun talks with retired NBA Players in order to secure rights to historical highlights. NBA Top Shot currently has a deal in place with the NBA and NBAPA, but deals with retired players may be a bit more of a hurdle.
Reports have also swirled that Dapper Labs would eventually like to expand to other major professional sports like the NFL and MLB, which could mean this is just the beginning of the new crypto collectible craze.