Build an NFT marketplace for selling sports collectibles with an NBA Top Shot Clone

Fans of basketball can connect with their favourite players and teams in the metaverse now. Wonder how? There is one platform that enables the trading of licensed packs and moments. It is NBA Top Shot. Operating on the Flow blockchain, users can bid and buy limited-edition, rare, and legendary collectibles. Are you an aspiring cryptopreneur? Create an NBA Top Shot clone. 

Why is this the right time to develop an NBA Top Shot Clone Script?

With games of both the men’s and women’s basketball leagues going on in full flow, it is apt to develop an NBA Top Shot clone script. The pre-built solution contains features similar to the popular NFT marketplace. You can also pocket hefty revenue from auction fees, bidding charges, gas fees, listing charges, and transaction processing charges. According to data from DAppRadar, the NBA Top Shot platform has sold 16,65,913 collectibles in the past 30 days. Besides that, the trading volume has surpassed $53.5 million. 

Moreover, you can launch the NBA Top Shot clone quickly in your target market. Importantly, a white-label NFT marketplace development company will ensure personalization. Thus, entrepreneurs like you can add brand elements like logos, colours, taglines, and images as per your business requirements. This helps you in attracting the target audience (fans of basketball across the universe). 

What are the unique aspects of an NFT marketplace like NBA Top Shot? 

• Licensed Collectibles - Sports fans can participate in auctions and purchase packs and epic moments. For instance, they can bid for and buy certified, starter, and premium packs. Are all NFTs authentic? Yes! All sports collectibles are licensed by the National Basketball Player’s Association (NBPA). Each NFT is also unique as they differ in the series number and release number. There are also various kinds of base sets and archive sets. 

• Round-the-clock trading of collectibles - Users can trade basketball collectibles 24x7x365 on a marketplace identical to NBA Top Shot. They can search for different players, teams, and sets. Besides that, sports fans will receive real-time updates about new moments and most valuable listings. 

Importantly, they can also discover sports collectibles by clicking the tier-wise button. Thus, investors can search for common, fandom, rare, and legendary tiers with different edition sizes. 

Moreover, regular collectors of basketball NFTs can complete their sets and win rewards. Importantly, transparency is assured as details like the lowest ask price, previous sales in the past 2 weeks, the date and time of a purchase, serial number, average selling price, and the number of collectibles available for sale are displayed. Thus, users can choose a specific collectible, see the price in Ethereum (ETH), Flow (FLOW), and US Dollars (USD) and process the payment by linking their Dapper Wallets.

• Better engagement with die-hard followers of basketball - Sports fans can take part in legacy and flash challenges and earn prizes and rewards. They can showcase their moments. Generally, their earnings will depend on aspects like their level of knowledge about the stats of different games and tournaments. Currently, the NBA Top Shot conducts different challenges like Seeing Stars, Cool Cats, Rising Stars, Holo Icon, Metallic Gold, Hustle and Show, and Throwdowns. Thus, users have to collect a certain number of moments and claim rewards. 

What is the process to create an NFT marketplace similar to NBA Top Shot? 

Define the business objectives - Unquestionably, basketball commands a huge following across the world. Thus, when you initiate NBA Top Shot like NFT marketplace development, it is essential to know the interests and preferences of the target audience. Importantly, a whopping 128,490 users have processed 5 million transactions on the platform in the previous 30 days. 

Thus, entrepreneurs like you must finalize the business goal (getting more market share, building wealth, acquiring a large user base). 

Hire blockchain developers - It is important to have a robust team of front-end and back-end developers while building an NBA Top Shot clone. Likewise, they will be adept with the Flow blockchain network. The Cadence Programming language helps in creating digital assets and Decentralized Applications (DApps). 

The Flow platform offers several advantages like instant processing of payments, protection against malicious accounts, the absence of sharding, instant minting of NFTs without much energy consumption, and greater throughput.

Use the right tech stack - The Flow blockchain network uses HotStuff, a Proof of Stake (PoS) consensus mechanism. Moreover, an NFT marketplace development company will utilize several programming languages like Elixir, Go, JavaScript, Kotlin, Scala, PHP, Python, Ruby, Rust, and Swift. 

Besides that, smart contracts power the functioning of the Flow blockchain network. It controls aspects like the behaviour of the default tokens, inflow and outflow of funds from accounts, processing of transactions from software wallets, staking of digital assets, the delegation of voting rights, and locking up of digital tokens in pre-programmed software. 

Further, all the NFTs issued on the Flow blockchain follow the FLIP-0636 standard. Thus, the collectibles are stored safely on the InterPlanetary File System (IPFS). Users can verify the authenticity of the crypto collectibles by checking the contract address and token ID on both the testnet and mainnet of the Flow blockchain network. 

Launch the final version of the NBA Top Shot clone - After rigorous front-end and back-end development of the NFT trading platform like NBA Top Shot, extensive testing is essential. A comfortable user experience is guaranteed for sports teams and collectors. This is because an NFT marketplace development company will remove all bugs and glitches. 

The key features of an NBA Top Shot clone are

• Social media login option for users to participate in auctions. 

• Activity dashboard where users can discover attractive players, collectibles of teams, and also complete their sets of Non-Fungible Tokens. 

• Dedicated help desk to resolve issues faced by NFT collectors. 

• Featured Packs section where attractive collectibles are showcased. 

• Real-time updates about drops and release of brand-new collectibles. 

• Integration with the Dapper wallet for instant execution of payments. 

Wrapping Up

Want to get a competitive advantage in the international sports industry? Hire a white-label solution provider for NBA Top Shot like NFT marketplace development.