NBA is Joining the Crypto Run, Why Shouldn’t You?

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NBA Top Shot has come to replace Basketball cards, providing even more opportunities for fans to make a profit from their passion. When you own a player’s highlight, that’s synonymous with having a rare basketball card in the old times.

Generally, the world of sports has been moving towards cryptocurrency for a while. Many sports teams, organizations, and players have seen the rate at which the crypto industry is going and the importance of tapping into the space. Concerning this, there have been numerous crypto deals in the sports industry. We shall highlight some of these deals here.

One notable crypto-sports deal happened between Bitpay and St.Petersburg Bowl, which took place in 2014. This was the first official deal between these two industries, and it was a marketing initiative for the promotion of Bitcoin. Ever since then, many other deals have happened. Just in June 2021, Crypto.com and Formula 1 entered into a branding deal for the rounds of the 2021 season of the sport.

In the same manner, the basketball industry has taken steps to ensure adequate adoption of cryptocurrency. That’s how the idea of Top Shop was born. Essentially, it offers a trading marketplace for NBA highlights. Meaning, users will be able to buy and sell highlights, either by purchasing them in a pack or buying from other participants. Top Shot has entered into a partnership with Dapper Labs, a blockchain platform, and the NBA as well. Together, they create a thrilling experience without the risks that pertain to conventional trading.

Some of the notable sales recorded by NBA Top Shot include Lebron James’ 2019 dunk, which went for $208,000. Another top sale by a different player was that of Zion Williamson block, which was priced at $100,000. Lebron James has another dunk priced at $240,000. The sheer nature of these activities has increased the traffic generated by the website, which indeed is a confirmation of the fact that Top Shot stands to witness more growth in the coming years.

Similarly, sportsbooks are seeing growing interest in the NBA. 1xBit has realized that more players are interested in betting crypto on their favorite NBA teams. Consequently, the sportsbook will be launching FOUR-POINT-PLAY, which is a tournament specifically for NBA lovers to take advantage of rewards and have a thrilling experience.

All users have to do here is to stake a minimum of 0.5 mBTC on live or pre-match NBA events, utilizing at least 1.5 odds. Your goal will be to maintain the longest winning streak of bets, as that will determine your place on the leaderboard. Here are the prizes you can claim based on your position:

• 1st place – 10 mBTC
• 2nd place – 9 mBTC
• 3rd place – 8 mBTC
• 4th place – 7 mBTC
• 5th place – 6 mBTC
• 6th place – 5 mBTC
• 7th place – 4 mBTC
• 8th place – 3 mBTC
• 9th place – 2 mBTC
• 10th place – 1 mBTC

This promotion will be valid between 12th November and 13th December, with the results announced a day after. Do note your win-streak points will only be based on the NBA matches you play!

Additionally, playing on 1xBit offers you numerous rewards that you won’t come across elsewhere. The sportsbook also provides you with welcome bonuses of up to 7 BTC for the first 4 deposits on the platform. You also get to operate a multi-currency account with over 30 cryptocurrencies that you can utilize for staking your bets. If you’re looking for a sportsbook with constant rewards that you can tap into, consider playing with 1xBit today.

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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.

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