Greetings,
Before I say anything about this amazing platform that is NBA TopShot, I am NOT an expert nor am I giving professional financial advice. I'm simply a user in the space that wants to give his insight for others to learn and grow from. Thanks for even taking the time to read my content, its greatly appreciated. Now that the small talk is out the way, lets get into some more NBA Topshot.
Since my last NBA TopShot Article the NBA community has gone crazy (not literally lol). From a LeBron James selling for thousands on the Marketplace, to NBA players going live on Twitch to open/give away packs for fans while discussing how much they like or dislike the platform. For the most part everyone that has went live or tweeted about it seems to enjoy it regardless of whether or not it's a NBA player or just a fan. As expected in my opinion. NBA TopShot will be the "NFT gateway drug" if you will, to many other blockchain backed spaces. Not necessarily basketball related, but something else collectible like digital art, statues, character cards, you name it. The possibilities seem to be endless at the moment.
A lot of this success inside NBA TopShot stims from how much behind the scenes hardwork and effort they're team has and continues to put in. I can vouch as an investor/collector in the space that they definitely have done a hell of a job with crowd control on the site. Way less issues than a few weeks prior. Hopefully people understand that the platform is indeed still in BETA. Which means that there are bound to be lots of bumps and bruises along the ride, but im confident enough in the NBA TopShot to say there are brighter days up ahead for sure. In the recent S2 [Release 21] PRE-ORDER (includes new minted moments including first moments and rookie moments /4,000LE, /12,000LE, /15,000LE, AND CC+) we saw just how much traction the wave has gained with an impressive 200k+ collectors in the queue line. Just a couple weeks ago the queue cap was only around 80-100k+. This way of releasing was the first time its been done by Top Shot. Of course they can't do this too often for the sake of scarcity and exclusivity but im sure it wont be the last time we see this procedure.
Im very excited to see what this NFT can do not only in the short but also in the long term of things. At the current moment you can't even signup for an account. This will change eventually and everyone will be able to grab an account but this is just another example of how high demand is for this product right now. To everyone that reads this and doesn't have an account yet, itll be worth the wait, trust me. Very bullish on NBA TopShot.
As you should in any investment you make, do your due dilligence. Warren Buffet has a quote I like, it's fastly becoming one of my favorite, he said, "Be Fearful when others are Greedy, Be Greedy when others are Fearful". This speaks volumes to me, hopefully you are able to take something from it that can apply to not only your investment strategies but also in your everyday life.
I really hope your were able to gain some kind of value from my article. I really do appreciate you taking the time out to read it. Stay Tuned
- RooftopK
Disclaimer:
I WAS NOT PAID TO WRITE THIS AND IM NOT IN ANY WAY AFFILIATED WITH ANY ENTITY DISCUSSED IN THIS ARTICLE
I DO NOT OWN COPYRIGHTS TO ANY IMAGE IN THIS ARTICLE