Monday, June 27, 2022
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Magic Johnson launches NFTs on NBA Top Shot

Magic Johnson is launching a series of NFTs. This project will be released by NBA Top Shot on June 7, 2012. In total, there are 1600 NFT packs on offer, and they will contain some of Magic’s memorable moments as a basketball player.

Image of the Magic Johnson NFT collection
Magic Johnson will release a series of NFTs on NBA Top Shot.

Magic Johnson NFT highlights superb career

The basketball superstar is considered one of the all-time NBA greats and is a Hall of Famer. In a three-decade long career, Magic won five championships.

In fact, Magic played for the Los Angeles Lakers for his entire career, from 1979 to 1996. Numerous team and individual awards were won, as well as numerous records. In addition, he is a 12 time NBA All-Star with three Finals MVP and League MVP records.

The NFT collection captures some of these iconic moments in NBA history and immortalises them on the blockchain.

Now, Magic Johnson brings his winning mentality and huge personality to the NFT space. Fans will have the opportunity to meet the star and own a piece of Magic Johnson’s history with “The anthology Magic Johnson” NFT collection.

In a Tweet to his 5.2 million followers, he said, “I’m really excited to partner with @nbatopshot to release my first NFTs and bring some of my favourite moments from my career to fans everywhere.

The drop begins on June 7th and costs $1600 each. Significantly, 1200 of the total 1,600 Magic Johnson NFT packs will feature in an airdrop to people with a Top Shot score of at least 150,000. However, the remaining 400 are available to everyone, regardless of their Top Shot score or status.

NBA Top Shot $1B
NBA Top Shot has reached the $1b sales volume mark.

Each NFT pack will contain one of four Magic Johnson moments. These moments are from the years when the Los Angeles Lakers won the NBA Championship title. Each pack will also include a Magic Johnson Moment NFT at a Rare or Legendary rarity level.

What is NBA Top Shot?

Created by Dapper Labs and in partnership with the NBA, Top Shot is a digital collectable NFT platform. This platform specializes in the most iconic moments of NBA history and allows users to purchase NFTs via ‘packs. The platform works on the Flow blockchain and began in July 2019.

Since then, it has become one of the biggest NFT platforms. NBA Top Shot set new records recently, despite a decline in overall NFT market.

Significantly, this week, it has officially sold over $1 billion worth of NBA Top Shot packs on its platform. This is a staggering amount and demonstrates the platform’s size. This is without doubt the largest NFT platform.

More and more athletes are joining the basketball NFT project. Now, Magic Johnson is adding his NFT collection, and his fans can see how the NBA Top Shop platform works.

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All investment/financial opinions expressed by are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.

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Henry Hicks
Henry Hicks
NFT and Crypto Enthusiast. Loves Travelling and Exploring the Metaverse!


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