NBA Top Shot launches a $10 million ecosystem fund, allows player cards to be transferred to Blocto, and will introduce the FLOW token.
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Flow blockchain NBA Top Shot released latest plans on the 19th, mentioning a $10 million fund for NBA Top Shot application development and the introduction of Flow tokens. Note: NBA Top Shot is limited to participation from North American IPs only.
Table of Contents
NBA Top Shot Major Updates
- Moments are transitioning from unlimited to limited editions, with each common card not exceeding 30,000, previously exceeding 60,000 per type
- Rookie players who made it into the Rising Stars Challenge this year will only have a base set card in series 3
- Legendary cards in Series 3 will be limited to 99 per game, with the total being less than 10,000, making the rarity of legendary cards less than ~0.09%
- There will be packs marked with rarity, but eligibility to obtain them will be based on Collector Score or total spending in the marketplace; Series 3 will have more of these qualification-limited releases
- Higher value cards will earn higher Collector Scores
- Mixed rarity packs will have a chance to draw rare and legendary cards among three cards
- NBA Top Shot cards can now be transferred to external wallets like Blocto, but Collector Scores cannot be calculated, and must be transferred back before calculation
Planned Development Features
- Customizable personal profiles
- Improved quoting and liquidity information interface
- Ability to permanently lock certain player cards under specific conditions in exchange for ultra-limited rewards
- Within the spring, FLOW tokens can be deposited; FLOW rewards can also be earned through community contributions
- Enhanced fund deposit and withdrawal efficiency, completed within one to two days; daily deposit limit of $1 million, withdrawal limit of $500,000
$10 Million App Development Fund, More Aggressive Expansion of Flow Ecosystem
Dapper Labs has partnered with the Flow Foundation to invest at least $10 million in USD and FLOW within the next 3 months to support existing successful cases and developers creating fun applications for NBA Top Shot NFT collectors.
The Flow Foundation is set to announce a plan to invest hundreds of millions to fund development teams in the Flow ecosystem, particularly in gaming and social sectors.