Many prominent NBA figures have moved into the sphere of non-fungible tokens (NFTs) ever since NBA Top Shot rose to levels of immense success and popularity. Recently, several high-profile investors have shown their interest in Top Shot, a world of highlights and digital collectibles that has taken the basketball community by storm.
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You can count Daryl Morey as someone who has looked into NBA Top Shot. He recently told Danny Green that he purchased a highlight of two players currently on the 76ers, in which then-Lakers wing Green and big man Dwight Howard connected for an alley-oop in the 2020 NBA Finals (which I assume is this one, most recently purchased for $178).
But it looks as though he's also looked into another avenue of NFTs, and these ones focus not on basketball highlights but on his own tweets.
He adds that, for both tweets, all proceeds will go to the American Civil Liberties Union (ACLU), the same organization to which he sends his Cameo proceeds. He has hinted at this before, too, when he tagged the now-deleted Tokenized Tweets in a hilarious picture he snapped of Joel Embiid.
Currently, the top offer for the tweet sharing his story that he co-authored with Sam Hinkie is just $5. However, his "Basketball for Dummies" picture has a bid of $45 at this point.
Is this the price range that we can expect? Maybe not. Elon Musk's 2018 tweet in which he shared he was considering taking Tesla private has a current highest offer of, oh, just $42,069. You think that's something? One of Musk's tweets that he eventually decided not to sell had an offer of $1.12 million. The first tweet ever, from website founder Jack Dorsey, sold for $2.9 million.
To each their own. Why would someone pay for an NFT like this, be it a basketball highlight or a tweet? Morey did his best to explain.
"People are a little confused what Top Shot is, or you've heard non-fungible tokens, NFTs, or Ethereum, or blockchain. People are very confused by it," Morey said (head to the 10:08 mark). "But I think you can break it down pretty simple. People know what bar codes are, so really all these non-fungible tokens are if you could put a bar code on anything — literally, anything — and no one could copy it, it could only go on one thing, that's really all it is. And it's stored online."
How much would you pay for an authentic Daryl Morey tweet, the only ones of their kind? If it's higher than $5 or $45, respectively, they could be yours.
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