NFT of LeBron James could break Top Shot records

NFT of LeBron James could break Top Shot records

An auction of three “Legendary” NBA Top Shot NFTs depicting slam dunks from renowned pro basketball player, LeBron Jame, has been announced by Nonfungible token studio, House of Kibaa

It is in partnership with Heritage Auctions that the auction will be hosted and it will be effective from 6th May till May 20th. As a single collection is what the three NFTs will be auctioned off.  It was during the first season of NBA Top Shot  was the time each of the tokens was released and all were legendarily scarce. It was the rarest tokens that Top Shot collectors can own.

NBA Top Shot has exploded in popularity since launching its closed beta in June 2020, and transition to open beta three months later.

By March 2021, Top Shot had generated more than $230 million in gross sales. According to CryptoSlam, Top Shot’s secondary peer-to-peer marketplace hosts more than $1.8 million worth of trades daily, according to a 30-day rolling average, with Legendary tokens having fetched six-figure prices in recent months.

House of Kibaa spokesperson, T.C. Lau, described the offering as “the largest auction sale in NBA Top Shot history,” noting that each of the tokenized moments have serial numbers that “hold a great significance to the late Los Angeles Lakers star, Kobe Bryant.” The tokens to be auctioned boast the serial numbers #26, #41, and #42.

The #26 token depicts James’ iconic “Kobe Bryant Tribute Dunk” on February 6, in which James performed the same “break away, reverse windmill, two-handed slam dunk” popularized by Bryant roughly 19 years beforehand in the same arena.

The #26 serial number also invokes the date of Bryant’s death — January 26, 2020. The announcement notes the #26 serial will never again exist in circulation for a Kobe Tribute NBA Top Shot moment.

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