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by jadams5 1941 days ago
NBA Top Shot is major sports' entry into NFTs and is already dominating by market cap while it's still in beta. I've only been following it for a few weeks, but collectors are going nuts, but not quite to the point of some other NFTs yet. It still seems to be a fairly small crowd doing most of the buying and selling compared to the NBA's broad reach.
1 comments

I follow NFTs closely and it seems like of the present crop of projects, Top Shot has the most obvious path to a sustainable future. Sports collectibles are already a thing, and official league-sanctioned digital collectibles are a natural growth. MLB dipped a toe in with virtual bobbleheads, but collecting video clips of plays makes more sense.

I don't know that the 5 figure prices will last forever, but the market probably will.

Cryptopunks is the only "native" NFT I feel will likely keep a market. Again, maybe not at present levels, but it's got enough of a cool factor to last.

And Beeple as the artist with the brightest future, obviously.