NBA Top Shot collector NFT Dapper Labs turned down a million-dollar bid for a single icon featuring New Orleans Pelicans professional basketball star Zion Williamson.
Collector “jerlevine” bought the No. 1 Jersey Match S1 Holo Zion Williamson NFT on Jan 25 for $ 100,000. The token contains a “legendary” rarity and was first released in the HOLOMMX package during the first Top Shot series.
The blockchain-based NBA Top Shot game, which allows NBA fans to purchase rare ‘multimedia’ featuring major players and highlights from basketball history, has risen in recent months, and Dapper is looking to put a cap on the number of new accounts. Created on the platform in response to massive demand.
While Tokens with lower serial numbers tend to have higher rewards, the most valuable moments are those that have a “No.1” line or line that matches the player’s NFT shirt number. With Shirt No. 1 Zion Williamson, his tags and serial number corresponding to his shirt are especially valuable.
Williamson isn’t the only player to win instant prizes with moments featuring NFT LeBron James of the Los Angeles Lakers, which recently sold for $ 200,000, $ 125,000, and $ 80,000.
The rise of NBA Top Shot has garnered millions of NFTs since its launch in October 2020. An NFT collector called “Pranksy” started out with an initial investment of $ 600, which has grown to become the $ 7 million Top Shot Highlights collection.
The Wall Street Journal recently highlighted Top Shot collector Michael Levy, who spent $ 175,000 on a collection that is now worth nearly $ 20 million.
Roham Garrigoslaw, CEO of Dapper Labs, told the post that the team was not ready for the explosive growth in Top Shot’s popularity:
“We knew it was rocket fuel [..] What surprised me was the speed at which traditional influencers were taking in basketball.”