A collector of prized NFTs from Dapper Labs’ NBA Prime Shot has turned down a $1 million supply for a single token depicting New Orleans Pelicans’
A collector of prized NFTs from Dapper Labs’ NBA Prime Shot has turned down a $1 million supply for a single token depicting New Orleans Pelicans’ professional basketball star Zion Williamson.
The collector “jerlevine” purchased the #1 Jersey Match S1 Holo Zion Williamson NFT on Jan. 25 for $100,000. The token is of “legendary” rarity, and was first issued within the HOLOMMX pack throughout Sequence 1 of Prime Shot.
BREAKING NEWS
We’ve information of the primary $1 Million supply for an @nba_topshot second!
It was for the #1 and Jersey Match S1 Holo Zion Williamson.
And @JerLevine turned it down. pic.twitter.com/j0Ct0EH7wI
— OwnTheMoment (@OwnTheMomentNFT) March 11, 2021
NBA Prime Shot, a blockchain-based market that permits NBA followers to buy uncommon multi-media “moments” depicting key gamers and highlights from basketball historical past, has exploded in reputation in latest months, with Dapper transferring to restrict what number of new accounts are created on the platform in response to overwhelming demand.
Whereas tokens with low serial numbers are inclined to fetch larger costs, moments that function both “#1” serials, or serials that match the jersey variety of the participant depicted within the NFT are essentially the most prized. With Zion Williamson’s jersey quantity being #1, playing cards that includes him and his jersey-matching serial quantity are further beneficial.
Williamson shouldn’t be the one participant whose moments are fetching large costs, with tokens depicting NFTs LeBron James of the Los Angeles Lakers lately promoting for as a lot as $200,000, $125,000 and $80,000.
The expansion of NBA Prime Shot has seen collectors amass thousands and thousands value of NFTs since its delicate launch in October 2020. An NFT collector named “Pranksy” began off with a $600 preliminary funding, which has became a $7 million assortment of Prime Shot Highlights.
The Wall Avenue Journal lately coated Prime Shot collector Michael Levy, who spent $175,000 on a set that’s now value roughly $20 million.
Roham Gharegozlou, chief govt of Dapper Labs advised the publication the staff had not been ready for Prime Shot’s explosive rise in reputation:
“We knew this was rocket gas [..] The factor that shocked me is how shortly mainstream basketball influencers adopted it.”