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A collector declines $ 1 million for a moment from the NBA Top Shot, which was originally purchased for $ 100,000

A collector of Dapper Labs’ award-winning NBA Top Shot NFTs has turned down a million dollar offer for a single token Representative of the New Orleans Pelicans professional basketball star Zion Williamson.

The collector “jerlevine” bought the NFT # 1 Jersey Match S1 Holo Zion Williamson for $ 100,000 on January 25th. The token is of “legendary” rarity and was first issued in the HOLOMMX package during Series 1 of Top Shot..

NBA Top Shot, a blockchain-based marketplace where NBA fans can purchase rare multimedia “moments” depicting important players and highlights from basketball history, has grown in popularity in recent months;; In fact, Dapper has started limiting the number of new accounts that will be created in response to the overwhelming demand on the platform.

A collector declines $ 1 million for a moment from the NBA Top Shot, which was originally purchased for $ 100,000
A collector declines $ 1 million for a moment from the NBA Top Shot, which was originally purchased for $ 100,000

While tokens with low serial numbers tend to fetch higher prices, moments with the serial numbers “# 1” or serial numbers that match the player’s jersey number depicted in the NFT are most valuable. With Zion Williamson’s jersey number being the number 1, the cards he appears on and his matching serial number with the jersey are very valuable..

Williamson isn’t the only player whose moments win huge prizes Tokens representing the Los Angeles Lakers’ LeBron James NFTs recently went on sale for a whopping $ 200,000, $ 125,000, and $ 80,000, respectively.

The growth of NBA Top Shot has resulted in collectors amassing millions of NFTs since its soft launch in October 2020.. An NFT collector named “Pranksy” started with an initial investment of $ 600 that grew into a $ 7 million collection of top shot highlights.

The Wall Street Journal recently reported on top shot collector Michael Levywho spent $ 175,000 on a collection that is now valued at approximately $ 20 million.

Roham Gharegozlou, CEO of Dapper Labs, told the publication that The team wasn’t prepared for Top Shot’s explosive rise in popularity::

We knew this was like a missile […] What surprised me is the speed at which traditional basketball influencers have taken it over. “????

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