CryptoKitties Creator & NBA Launching Blockchain-Based Collectibles

CryptoKitties Creator & NBA Launching Blockchain-Based Collectibles

Earlier this week, the National Basketball Association and the company behind the popular  CryptoKitties game announced that they will be launching a blockchain-based collectibles platform called NBA Top Shot.

The company behind the game, Dapper Labs is now working the NBA to bring unique digital video clip in the firm of digital tokens inscribed on a blockchain.

The idea is that instead of physical collectibles cards, fans will have the chance to own a limited number of tokens containing the highlights of some of the most commemorated in-game moments from the NBA season. Each token will be different by a distinct digital market that will allow the owners to join in in fantasy games and compete against each other.

Dapper Labs CEO Roham Gharegozlou said: 

“The community that will bring about a mainstream moment for blockchain is the NBA. We want to give basketball fans something that they have never seen before, but also something that is immediately familiar and they want to actually play with. It will be a new type of digital collection experience.”

As reported by CryptoSlate, in a similar sense, the Executive VP of Licensing for THINK450, Josh Goodstadt said:

“NBA Top Shot is an entirely new way for fans to connect with their favorite athletes. We believe blockchain technology creates a truly unique product that fans can collect, manage and engage within a fun environment, and we are excited to partner with Dapper Labs to introduce these groundbreaking digital assets to the NBA community.”

Despite the new NBA collectibles platform will be going live later this year, we can only wait and see whether the project will be launched in an existing blockchain or if they will create one of their own.

As reported by CryptoSlate:

“In late 2017, Dapper Labs experienced many issues after they launched their own collectibles platform, CryptoKitties, clogging the entire Ethereum network due to the number of transactions related to the game.”

Fans will be able to sign up using a landscape page that has been created to provide exclusive access and announcements regarding the Top Shot.

Investment Disclaimer
Related Topics: