Report post

What is the Kansas men's basketball team's NFT deal?

What makes this deal really interesting, however, is it being combined with an NIL deal for the Kansas men’s basketball team. The Kansas men’s basketball team will have a personalized NFT platform called Rock Chalk where fans will be able to buy, sell and trade Jayhawk collectibles.

What is an NFT on NBA Top Shot?

An NFT is a digital certificate, kind of like a digital barcode, which certifies that a person owns that specific video clip on NBA Top Shot. But the clip can still be watched for free by anyone on NBA Top Shot itself. And the same play can be seen — also for free — on YouTube.

What is a non-fungible token (NFT) of LeBron James dunking?

A non-fungible token (NFT) of a video clip of LeBron James dunking recently sold for more than $200,000 on NBA Top Shot, a website that allows users to buy and sell NBA video clips. An NFT is a digital certificate, kind of like a digital barcode, which certifies that a person owns that specific video clip on NBA Top Shot.

What are playable NFTS?

These playable NFTs are procedurally and randomly-generated 3D basketball players with evolving stats and a unique lifecycle that resembles a real-life basketball player’s career. This will see the players grow from rookies to legends – reflected in their stats and rarity – and even sees them retire.

The World's Leading Crypto Trading Platform

Get my welcome gifts