Well, another day, another two missed drops for me. First things first, yes – I’m so late to the party when it comes to NBA Top Shots that I should probably pick up a broom and help cleanup. That being said, I’m digging NFTs and enjoying learning while missing every drop I try to get into.
From what I can tell, there are some very lucky people who got in early and now are sitting on a pile of NFT gold. Then there’s the rest of us, who, well, didn’t. But that’s okay.
If there’s one thing I’ve learned from my entrance into the domain industry in 2007, arguably 10 years late to the party it’s that opportunities are everywhere. While ground floor opportunities are definitely where you’ll find the most profit in just about any asset class, I’d argue that it’s still very early for NBA Top Shots since 99% of the people I talk to about them have never heard of them.
The same is true for NFTs in general. Today Kings of Leon became the first band to release their latest album as an NFT and my guess is this is just the tip of the iceberg.
I currently own zero NBA Top Shot Highlights or Moments, or whatever the heck you call them, but I’m having a blast trying to get into the drops, failing, and then trying again. For anyone that hasn’t gone through the process, here’s how I think it works…remember, I know nothing Jon Snow so take what I say with a healthy dose of, “does this guy even know what he’s talking about…?!?”
From what I can tell, when you go to the NBA Top Shots website, you’ll see details on when the next drop is. There are common drops and rare drops, rare is better but harder to get, i.e. there are less packs made available.
This morning I learned about two drops today, one at 9am PST and one at 5pm PST. I joined the morning drop at 8:58am PST which I think might have been too late to get a good place in line…at the same time I’m told the line position is randomized so maybe it doesn’t matter? At any rate, when you’re in line and haven’t been assigned a number, you see this:
Then in a minute or two you’re told how many people are ahead of you in line, and if that number is greater than the number of packs available in the drop, you missed your chance, reference the image at the top of this post to see what that looks like.
There’s another drop tomorrow morning so I’ll try again. I have no idea what happens if I actually get lucky, do I pick which moments I want? Are they randomly assigned to me? Feel free to comment below if you know, for now I’m just having fun figuring it out.
From NBA Top Shots to the new Kings of Leon Album, I’m trying to just get involved and soak up as much as I can. In many ways it reminds me of my early days in domain investing, not knowing what I was doing but having fun learning.
As I’ve always done on my blog, I’ll share what I learn with the rest of you. If you know a thing or two about NBA Top Shots or NFTs in general, I’d love to hear from you – comment and let your voice be heard!