Nonfungible token studio, House of Kibaa, has announced an auction of three “Legendary” NBA Top Shot NFTs depicting slam dunks from renowned pro basketball player, LeBron James.
The auction will be hosted in partnership with Heritage Auctions, and will run from May 6 until May 20. The three NFTs will be auctioned off as a single collection. Each of the tokens were released during the first season of NBA Top Shot and are of Legendary scarcity — 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,