This week, the National Basketball Association (NBA) announced the launch of its own NFT program called NBAxNFT.
According to the professional basketball league, the goal is to showcase all things basketball and Web3 related, including NFTs, games, and the metaverse. NBAxNFT is known as the official Web3 home of the NBA and the project aims to combine all basketball with NFTs, games, metaverse and Web3 ideas.
Dapper Labs’ NBA Top Shot NFT Collection ranks ninth in all-time sales in terms of all-time sales of NFT collections.
To date, NBATopShot’s total sales since NFT’s inception are $16,006,548, which equates to $885.6 million. The recently launched Discord channel has over 35,000 members at the time of writing, and according to the NBA, the 2022 playoff NFTs will be released this weekend.