The person requested anonymity because the financial details are not public. "We're excited to follow the progress with everything happening on Flow blockchain and use our platform with the Boardroom to connect with fans in a new way."Īdditionally, the latest funding round upped Dapper Labs' valuation to $2.6 billion, a person with knowledge of the situation told USA TODAY Sports. "NBA Top Shot is one of the best demonstrations we’ve seen of how quickly new technology can change the landscape for media and sports fans,” Durant, who is involved through his company Thirty Five Ventures, said in a release. The company behind NBA Top Shot has announced a $305 million funding round that features several high-profile investors led by Michael Jordan and Kevin Durant.ĭapper Labs, which constructed the Flow blockchain for Top Shot non-fungible tokens (NFTs) and the subsequent marketplace, said the money will allow the company to expand, bringing more sports, gaming and entertainment experiences to Flow and the NFT market. Also, some hats in real life can keep you safer if a brick falls on your head from a construction site.Watch Video: Which teams made the biggest moves at the NBA trade deadline? So for Top Shot to be on the same level as some hats, then there are more than a few things in its way.
#Top shot for free#
It’s a thing that costs money that you can get for free elsewhere. To this point, I’m unaware of Top Shot giving credits for watching basketball, or talking about basketball, or enjoying basketball with your friends. You got this by playing, by taking part in a communal experience. Team Fortress also had means of collecting an in-game “currency” through which you could acquire new digital goods like hats. The exclusivity is only within a small bit of the online world. You being that person would also make you a jerk, but whatever. Being the only person to ever see LeBron’s block in the finals again would put a certain amount of value on something. These highlights can also be accessed for free on YouTube, Twitter, TikTok, or any number of online services. At least with Team Fortress, you can display your ownership on your digital representation. Showing someone a Pokemon Card collection in a big plastic binder is kind of enthralling. While some people are okay with prized possessions being purely commodified, there is something to be said from sharing a thing. They do have drawbacks that Team Fortress hats do not have, however.
They’re artificially scarce highlights that, in a good scenario, will still be something that will be moved for prices around $71,000. So that brings us to NBA Top Shot Moments. So what are NBA Top Shot Moments, anyway? The value they have is largely there because through some unseen force people have agreed that ‘x’ costs ‘y’ and that exchange is fair. However, certain items have been sold and will continue to be sold for thousands of dollars.
It became a status symbol as much as anything else for people who devoted much of their free time and income to some pixels.Īnd uh, they don’t do anything. Through artificial scarcity, certain hats would just be rarer. However, at a certain point hats became more than just a fun outfit thing that people had fun with for fun. Sure you could have a Medic too, but mine will have a red hat with fire on it.
There are none others like it.” Different hats were added to the game so that people could differentiate or display their commitment to playing or their collection on their characters. However with the number of people playing it was difficult to distinguish your character from others and say “This Spy is mine. The simplest way to look at it is that Team Fortress 2 was very popular. Why were hats such a big deal in Team Fortress 2? Yeah, I don’t know really. Hats are things you wear on your head for utility and/or fashion. Team Fortress 2 is a team-based first-person-shooter game released by Valve in 2007. Specifically, I would like to talk about the importance of hats in a video game called Team Fortress 2. That’s for the best really because before I get into the specifics, I would like to talk about hats.
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