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NBA Top Shot presents Legendary Magic Johnson NFTs

BlockNews.com Team by BlockNews.com Team
June 9, 2022
in NFT
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NBA Superstar Earvin “Magic Johnson” showed his NBA Top Shot NFT collection titled “The Anthology: Magic Johnson.” 

The former LA Lakers Point Guard has joined the ranks of the other NBA athletes such as Stephen Curry, Andre Iguodala, and LeBron James. 

NBA Top Shot scheduled the release of “The Anthology: Magic Johnson” on June 7, including 1,600 NFT packets. Every packet will include an iconic highlight throughout Magic’s career, starting from 1979. Each NFT will cost $399.

Another NFT Series from the NBA

NBA Top Shot reported that players who achieved a Top Shot score of at least 150,000 would receive 1,200 packs in ‘The anthology: Magic Johnson’ NFT collection, while the remaining 400 packs would be freely accessible to all purchasers.

Magic Johnson is one of the many NFT collections in the NBA Top Shot Marketplace. Other existing collections include Larry Bird, Michael Jordan, and Kobe Bryant. In addition, the basketball association promised to bring out more of “The Anthology” NFT collections in the future.

Utilizing the Flow Blockchain

The NBA Top Shot is the first professional sports event to utilize the Flow Blockchain, which Dapper Labs produced in 2019. The Flow blockchain is a proof-of-stake network for NFTs and cryptocurrency gaming.

Non-fungible tokens are unique blockchain assets representing ownership of an item, such as a piece of digital art. NFTs exploded in popularity among sportsmen and celebrities who wanted to give memorabilia to their fans with more authority.

What is NBA Top Shot

NBA Top Shot is the official marketplace to collect and trade your favorite moments from the NBA. You can buy, sell, or trade digital video highlights in the form of collectible cards. Every card is stored on the blockchain and can be verified for authenticity.

Top Shot moments are available every NBA season and new moments will be released periodically. Also, you can check out the latest moments on the Top Shot website.

So far, NBA Top Shot has been a huge hit with basketball fans and collectors.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
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BlockNews.com Team

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