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NBA Top Shot NFT - 2020 NBA Finals Challenge & The Finals Challenge

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Avatar for CryptoWordsmith
Written by   75
1 year ago

In a previous post about NBA Top Shot, I documented how I tried to buy 2020 NBA Finals (Legendary) Moments and The Finals (Rare) Moments for my NFT collection. The devs have added some incentive to complete your sets by running separate challenges for the 2020 NBA Finals series, and for The Finals series.

How do you complete a challenge in NBA Top Shot? The goal is for an individual to collect one of each of a group of Moments and to hold on to them until the challenge timer runs out. After completing the challenge, you will receive a special Moment in return. These Challenge-awarded Moments will never be available in packs and are intended to be more scarce than the other Moments in the same set.

Because all packs of Moments containing 2020 NBA Finals (Legendary) Moments or The Finals (Rare) Moments are sold out, the only way to complete either challenge now is to buy each Moment individually from the Marketplace on NBA Top Shot.

Related reading: What is a non-fungible token (NFT)?

2020 NBA Finals (Legendary) series

To complete this challenge, an individual will need to buy all 9 Moments in this series in the next 24 hours (at time of writing). In doing so, the devs would award a 2020 NBA Finals (Legendary) Kentavious Caldwell-Pope Moment to the collection.

Graphic 1: 2020 NBA Finals (Legendary) Kentavious Caldwell-Pope Moment by NBA Top Shot
Table 1: 2020 NBA Finals Collection summary by the author - data from NBA Top Shot

In Table 1 above, I want to focus on some of the information only. The rest will be discussed in a future post.

  • Edition size (79): Only 79 of each player's Moment in this series were minted

  • Max Sets LA (14): Based on the number of Moments available in the Marketplace at time of writing, only 14 complete sets of just the LA Lakers players can be collected for this series.

  • Max Sets MIA (17): Based on the number of Moments available in the Marketplace at time of writing, only 17 complete sets of just the Miami Heat players can be collected for this series.

  • Max Sets LA+MIA (14): Based on the number of Moments available in the Marketplace at time of writing, only 14 complete sets of this entire series can be collected.

  • Total ($4,759.00): Combined asking value for the entire 2020 NBA Finals collection (excludes transaction fees, etc.)

The Finals (Rare) series

If your budget is more modest, individuals can try to complete The Finals challenge by buying all 9 Moments in that series, which ends in just under 48 hours (at time of writing). After successfully completing this challenge, the devs would award a Rare Jimmy Butler Moment to the collection.

Graphic 2: The Finals (Rare) Jimmy Butler Moment - By NBA Top Shot
Table 2: The Finals Collection summary by the author - data from NBA Top Shot

The information in Table 2 is slightly different for this series, but the definitions have not changed. I wanted to point out that the total asking value for the entire The Finals collection (excluding transaction fees, etc.) is $258.00. This is much more affordable compared to the 2020 NBA Finals (Legendary) series!

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Cover image by NBA Top Shot 

Graphic 1: 2020 NBA Finals (Legendary) Kentavious Caldwell-Pope Moment by NBA Top Shot

Graphic 2: The Finals (Rare) Jimmy Butler Moment - By NBA Top Shot


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Resources:

  1. https://blog.nbatopshot.com/posts/challenge-guide

  2. https://blog.nbatopshot.com/posts/finals-drop

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Avatar for CryptoWordsmith
Written by   75
1 year ago
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Comments

Interesting idea the devs had for incentivising the collection of the moments.

What will you be doing? Are you trying to complete any of the sets? Or are you using the opportunity to sell some NFTs? Or are you continuing to hold?

$ 0.00
1 year ago

their Rookie Debut challenge (now finished) was interesting since the Moment for the league's most popular rookie was the reward for completing that set. there was no way to buy it initially, and the lowest ask for that Moment now is $579 now that collectors have put some on the Marketplace. the Rookie challenge was probably profitable for collectors who completed that set.

it was a tough decision, but i decided to complete the Finals set. it is a risk, but i have some spare cash. i don't have enough to complete the 2020 Finals (Legendary) set...Lol

will be tracking prices to see how the market reacts.

$ 0.00
1 year ago

Good luck! I'm curious to read how it turned out. 😊👍

$ 0.00
1 year ago

Good article

$ 0.00
1 year ago

thanks for visiting!

$ 0.00
1 year ago

They will become more and more popular

$ 0.00
1 year ago

i'm tracking prices to determine demand...will see how the market reacts.

even though it's open the the public, it's probably considered a soft opening, since it is still labelled as "Beta" on the website.

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1 year ago

Great information about this article my Dear friend

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1 year ago

thanks for visiting! i'm glad you liked it!

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1 year ago

welcome dear

$ 0.00
1 year ago