Chapter
The NBA's Digital Trading Cards: A New Way to Monetize Fans' Love for the Game
19:50 - 25:47 (05:56)
The NBA has entered the world of digital trading cards, creating a new way for fans to collect and monetize their love for the game. These digitally animated cards have gained popularity and some are selling for thousands of dollars.
Clips
Digital trading cards on NBA Top Shot have sold $164 million worth of volume in the last 30 days, with a 24 hour increase of 165%.
19:50 - 21:31 (01:41)
Summary
Digital trading cards on NBA Top Shot have sold $164 million worth of volume in the last 30 days, with a 24 hour increase of 165%. However, concerns have been raised about potential wash trading in the NFT market.
ChapterThe NBA's Digital Trading Cards: A New Way to Monetize Fans' Love for the Game
Episode#155 - NFTs Explained: How Digital Art Is Being Sold For Millions and What the Opportunities Are
PodcastMy First Million
This podcast explains the difference between fungible and non-fungible assets, and how non-fungible tokens (NFTs) are disrupting the art and collector space.
21:31 - 22:49 (01:18)
Summary
This podcast explains the difference between fungible and non-fungible assets, and how non-fungible tokens (NFTs) are disrupting the art and collector space.
ChapterThe NBA's Digital Trading Cards: A New Way to Monetize Fans' Love for the Game
Episode#155 - NFTs Explained: How Digital Art Is Being Sold For Millions and What the Opportunities Are
PodcastMy First Million
The NBA has entered the NFT, or non-fungible token, space with the release of NBA Top Shot, a platform for selling digital collectibles featuring NBA highlights and moments.
22:49 - 25:47 (02:57)
Summary
The NBA has entered the NFT, or non-fungible token, space with the release of NBA Top Shot, a platform for selling digital collectibles featuring NBA highlights and moments.