These serve as a form of currency or entry within the NBA Top Shot ecosystem. They represent a user’s ability to participate in specific marketplace activities, often used to gain access to limited-edition non-fungible token (NFT) pack drops or other exclusive opportunities within the platform. For instance, a user might need to possess a certain quantity to be eligible to purchase a highly sought-after pack of digital collectibles.
The presence of these instruments adds an element of gamification and utility to the NBA Top Shot platform. By requiring users to acquire and hold them, the platform can better manage demand for valuable digital assets, rewarding committed users while creating a more dynamic and engaging marketplace. Historically, they have been implemented as a means to mitigate the overwhelming demand for popular product releases, ensuring a fairer distribution process and preventing the platform from being overloaded.