Who Owns NBA Top Shot?
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Ever since NBA Top Shot launched, people have been asking “who owns NBA Top Shot?” Here’s a breakdown of who owns what in the NBA Top Shot ecosystem.
What is NBA Top Shot?
NBA Top Shot is a digital collectibles platform created by the NBA and Canadian company Dapper Labs. The platform allows users to buy, sell, or trade digital collectibles of NBA players in the form of “moments” from past games. Moments are essentially short video clips of a particular event from an NBA game, such as a player making a buzzer-beating shot or dunk. Each moment is stored on the blockchain, which is a distributed ledger that provides ownership verification and prevents counterfeiting.
What is the NBA Top Shot Collective?
The NBA Top Shot Collective is a group of basketball fans who have come together to create and curate a digital basketball experience. The Collective is made up of basketball enthusiasts of all ages and backgrounds, from all around the world.
What is the NBA Top Shot Marketplace?
The NBA Top Shot Marketplace is a new way for fans to buy, sell, and trade officially licensed NBA digital collectibles. These are called “moments,” and each one captures a single great play from an NBA game. You can think of them like digital trading cards.
Every moment is stored on the blockchain, which is a new technology that allows for secure, transparent, and tamper-proof transactions. This means that every moment has a unique ID number that can be used to track its authenticity and provenance.
The marketplace is run by a company called Dapper Labs, which also created the popular CryptoKitties game. The NBA has invested in Dapper Labs and has partnered with them to create NBA Top Shot.
Right now, the only way to get moments is to buy them directly from theNBA Top Shot website. However, moments can also be sold or traded on the secondary market. The secondary market is where fans can buy and sell moments with each other.
To participate in the secondary market, you’ll need to create an account on the NBA Top Shot website and connect it to a wallet that supports the Ethereum blockchain. Once you’ve done this, you’ll be able to buy, sell, or trade moments with other fans on the marketplace.
Who owns NBA Top Shot?
NBA Top Shot is a new online platform that allows fans to buy, sell, and trade digital collectibles of their favorite NBA moments. But who owns NBA Top Shot?
The company is actually a subsidiary of the NBA itself. NBA Top Shot is part of the NBA Digital portfolio, which also includes NBA TV, NBA.com, and the NBAPass streaming service.
So technically, the NBA owns NBA Top Shot. But it’s not quite that simple. The platform is actually run by a Canadian company called Dapper Labs.
Dapper Labs was founded in 2012 and is best known for creating the digital collectible game CryptoKitties. The company has also created games for major brands like Warner Bros., Hasbro, and Mattel.
In 2019, the NBA partnered with Dapper Labs to create an official blockchain-based collectibles platform. The result wasNBA Top Shot. Dapper Labs now operatesNBA Top Shot under an exclusive license from the NBA.
So while the NBA does technically own the platform, it has outsourced the day-to-day operations to Dapper Labs.
