NBA Top Shot is an NFT platform dedicated to sports collectibles. It came into existence through a joint effort by the National Basketball Association (NBA) and its players' union (NBPA). The two organizations got help from Dapper Labs, a blockchain company based in Vancouver, to actualize the idea. Various NFTs are listed on the platform. The most-traded ones are digital clips of memorable moments on the basketball court. Like sports trading cards, holders of the tokens buy them in the hope that their value will increase in the future. The platform received positive reception, with sales records going over the $500 Million marks within a few years. An example of the well-performing NFTs on the NBA Top Shot platform is the LeBron James dunking against the Houston Rockets, which sold for US$387,600. Community members on the platform interact on the Top Shot discord server, where the latest NFTs are announced. Renowned persons in sports and the American entertainment industry feature in the top-ranked collectors on NBA Top shot. They include Quavo, Diplo, daryl_morey, Isaiah Robey, and more.
