Photo credit: Mark Blinch, NBA/Getty Images
If you didn’t already know, cryptocurrency is taking the world by storm and the sports world is next. Vancouver crypto company, Dapper Labs, launched NBA Top Shot in 2020 and it’s now said to be worth $2.6 billion. The platform also has an extensive list of high-profile investors backing it including Michael Jordan.
NBA Top Shot put its own spin on the booming market for sports trading cards, which skyrocketed in value during the pandemic. The platform allows fans to buy, sell, and trade officially-licensed NBA video highlights, turning exciting moments from fans’ favourite players into cryptocurrency.
Fans have spent more than $230 million buying and trading digital collectibles of NBA highlights and Dapper Labs has plans to expand into other leagues as well in the future.
NBA Top Shot is still relatively new and the current selection of highlights that have been released are limited to plays within the past couple of seasons. Some of the highest valued highlight moments are worth over $100,000, but It’s really intriguing thinking about what the potential value of some of the iconic moments in NBA history will be when NBA Top Shot does decide to dig into the history books.
The highest valued Raptor highlight so far was sold at $35,000 and this got me thinking: when NBA Top Shot does start bringing back plays from the past, what Raptors’ highlights would be the most coveted? Here are five iconic Raptor highlights that are sure to be worth a lot of dough on NBA Top Shot someday.
5) Kyle Lowry forces OT on a half-court buzzer-beater against the Miami Heat in Game 1 of the 2016 Eastern Conference Semifinals
4) DeMar DeRozan’s and-one slam over Anthony Tolliver during the Toronto Raptors’ 121-119 overtime win over the Detroit Pistons (2018).
3) DeMar DeRozan puts Rudy Gobert on a Poster (2015)
2) Vince Carter’s 360 windmill in the 2000 NBA Slam Dunk Contest
1) Kawhi Leonard hits the first-ever game seven, buzzer beating game winner to eliminate the Philadelphia 76ers in the 2019 Eastern Conference Semifinals
Bringing cryptocurrency to the world of sports has quickly caught the attention of fans and investors. Not only can NBA Top Shot continue to create and sell new moments that happen every night in the NBA, but there is still lots of potential and room for growth. Expanding to other major leagues while also bringing back iconic moments, seem like natural progressions that will continue to grow this already rapidly growing business.
The possibilities are endless and the Raptors also have plenty of iconic highlights in their franchise history that are sure to be worth a lot of money. There is no telling how much highlights like Carter’s 360 windmill or Kawhi Leonard’s bouncing buzzer-beater might go for when they hit the market.