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What are NFTs | Nba Top Shot Explained | Cryptokitties | Cryptopunks

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CryptoKitties
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NFT is a non fungible token. In this video I speak about Nba Top Shot and how you can buy different NFT’s on Nifty Gateway, Opeansea. I even show you Cryptokitties plus more.

Timecodes
0:00 – Intro
2:39 – What are NFT’s
3:28 – NBA Top Shot Explained
9:23 – What is Cryptokitties
12:33 – What is Nifty Gateway
16:33 – How you Should Invest with NBA Top Shot
19: 45 – A Gameplan on How to Use Nifty Gateway
20:48 – Tips and Tricks With NFTs
24:42 – 2pac NFT

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NBA Top Shot

NBA Top Shot is a blockchain-based platform that allows fans to buy, sell and trade numbered versions of specific, officially-licensed video highlights.

In a joint venture that began in July of 2019 between the National Basketball Association, the NBA Players Association and Dapper Labs have come together to create NBA Top Shot, a “revolutionary new experience in which jaw-dropping plays and unforgettable highlights become collectibles that you can own forever,” per Dapper Labs Chief Executive Officer Roham Gharegozlou.

In plain terms: think of the future of the sports trading card market mixed with similar principles of cryptocurrency, but it’s virtual cards that contain individual NBA highlights.

So far the highest NBA Top Shot has sold for $387,600 of LeBron James emulating a famous Kobe Bryant dunk

Cryptokitties

CryptoKitties is a blockchain game on Ethereum developed by Canadian studio Dapper Labs that allows players to purchase, collect, breed and sell virtual cats.

The virtual cats are breedable and carry a unique number and 256 bit distinct genome with DNA and different attributes (cattributes) that can be passed to offspring.[6] Several traits can be passed down from the parents to the offspring. There are a total of 12 ‘cattributes’ for any cat, including pattern, mouth shape, fur, eye shape, base color, accent color, highlight color, eye color, and optional wild, environment, ‘purrstige’ and ‘secret’. Other features like cool down times are not passed down but are instead a function of the ‘generation’ of the offspring, which is one more than the ‘generation’ of the highest ‘generation’ attribute

The highest Cryptokitty has sold for $390,000

Cryptopunks

The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that’s also embedded in the blockchain. Via this market you can buy, bid on, and offer punks for sale. Below, you’ll find information about the status of each Punk in the market. Punks with a blue background are not for sale and have no current bids. Punks with a red background are available for sale by their owner. Finally, punks with a purple background have an active bid on them.

The highest cryptopunk has sold for 7.57 MILLION

#NFT #NBATopShot #CryptoKitties

*links above include affiliate commissions of referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the post date but may not be accurate in the future.

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