Have you ever heard about NBA Top Shots? 🏀
NBA Top Shot is an online exchange that sells #NFTs of NBA highlights, and is licensed by the National Basketball Association. Purchasers are given verified ownership of a URL that links to a site where the NBA highlight (in video form) is located.
The value of Top Shot NFTs is derived from the market, and not the utility or unlimited bundle of rights that accompany the #digital trading card. Because the NBA releases only limited quantities of each NFT, demand surpasses supply, resulting in price increases.