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NBATopShot: Time to Ape In!

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There has never been a better time than right now to absolutely ape into NBATopShot’s NBA licensed collectibles. by TheCommonKing Right out of the gates, I must disclose that I am a avid (borderline degenerate) fan of NBATopShot (TS) and their products.  However, I am writing this of my own accord and, hilariously, have never been given any type of compensation from NBATopShot nor any company or entity in connection with it.  Not even a modicum of luck from “rippin them sweet, sweet packs!” Oh, yeah, and disclaimer: nothing here should be considered financial advice.  If you were to take financial advice from me, you likely are the type of person to help a Nigerian prince after receiving a random email; I’m just some guy on the Interwebs saying things. The Briefest of NFT Histories: Way back in olden times, 2021, it was the year of the blockchain.  By now, many of you reading this and your friends readily use terminology such as NFT, blockchain, crypto exchange...

The Crypto Market and NBATopShot NFTs

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Crypto vs. NBATopShot The Goal: First and foremost, I love NBATopshot and, second, I am a weirdo that likes messing around with spreadsheets and then writing about it.   I have downloaded and looked through the NBATopshot data from CryptoSlam (all links below), and I also looked through the historical financial data of both Bitcoin and Ethereum.  My goal was to establish if price spikes in these two cornerstone crypto coins had any correlation with sales and/or mass adoption for TopShot.  Here is the quantitative data that I have found: The Method: https://finance.yahoo.com/quote/BTC-USD/history/ https://finance.yahoo.com/quote/ETH-USD/history/ https://www.cryptoslam.io/nba-top-shot/sales/summary Using this chart and the data mined from these three sources, a few numbers stand out to me.   For the purpose of my dime-store analysis, I looked at a total of seven months: February 2021, March 2021, October 2021, January 2022, February 2022, October 2024, and N...