Today, NBA Top Shot hit $500M in Marketplace Sales. It& #39;s a notable accomplishment
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏅" title="Sportmedaille" aria-label="Emoji: Sportmedaille">
It took 256 Days.
It& #39;s been a quick (yet long) road to get to this point, featuring:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💥" title="Symbol für eine Kollision" aria-label="Emoji: Symbol für eine Kollision">Record Breaking Events
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚧" title="Baustellenschild" aria-label="Emoji: Baustellenschild">Platform Scale Issues
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌎" title="Amerika auf dem Globus" aria-label="Emoji: Amerika auf dem Globus">300k+ New Users
Thread on how we got here
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
@nbatopshot
It took 256 Days.
It& #39;s been a quick (yet long) road to get to this point, featuring:
Thread on how we got here
@nbatopshot
First Day of the @NBA Finals.
The Marketplace peaked at $79k in 24H and was followed by an off-season lull
It took 2+ months to hit that figure again
Dec 22: With new season came the @raf_tyler promo (first with a player)
Start of 2021 also featured:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎄" title="Weihnachtsbaum" aria-label="Emoji: Weihnachtsbaum">First Legendary S2
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📛" title="Namensschild" aria-label="Emoji: Namensschild">Rookie Badge Blog
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛒" title="Einkaufswagen" aria-label="Emoji: Einkaufswagen">Hours-long sell outs of S2 Base Packs (shocking!)
Below is a chart from Jan 15. Everyone was excited.
But it was just starting...
Start of 2021 also featured:
Below is a chart from Jan 15. Everyone was excited.
But it was just starting...
Many people credit the @BalesFootball blog with being the linchpin that started it all.
It dropped Jan 19
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💣" title="Bombe" aria-label="Emoji: Bombe">
Short term, the flurry of newcomers was astonishing. The MP peaked 6 days later on January 24 with a $7M day
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">
Long term, it had just begun...
It dropped Jan 19
Short term, the flurry of newcomers was astonishing. The MP peaked 6 days later on January 24 with a $7M day
Long term, it had just begun...
Zooming out, Jan 19-24 was but a blip.
The 3-week dip that followed saw pack drop + MP woes
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😡" title="Schmollendes Gesicht" aria-label="Emoji: Schmollendes Gesicht"> It was painful.
But it was a build up to the true explosion:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗓️" title="Spiralkalenderblatt" aria-label="Emoji: Spiralkalenderblatt">Feb 15-18 | All major NA sports outlets cover TS
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗓️" title="Spiralkalenderblatt" aria-label="Emoji: Spiralkalenderblatt">Feb 18 | @joshhart becomes aware of TS
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗓️" title="Spiralkalenderblatt" aria-label="Emoji: Spiralkalenderblatt">Feb 19 | All 15000 CC go LE
The 3-week dip that followed saw pack drop + MP woes
But it was a build up to the true explosion:
By end of February there had been 1.8M+ transactions on the MP
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛒" title="Einkaufswagen" aria-label="Emoji: Einkaufswagen">
And NBA Top Shot was mainstream
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📺" title="Fernsehen" aria-label="Emoji: Fernsehen">
So much that the @NBA announced the 2021 Rising Stars
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌟" title="Leuchtender Stern" aria-label="Emoji: Leuchtender Stern"> roster on the platform.
Heck it even got a mention from @FriedgeHNIC
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏒" title="Eishockeyschläger und -puck" aria-label="Emoji: Eishockeyschläger und -puck">
But all was not peachy... https://twitter.com/TheReelPhilD/status/1365843986464784387">https://twitter.com/TheReelPh...
And NBA Top Shot was mainstream
So much that the @NBA announced the 2021 Rising Stars
Heck it even got a mention from @FriedgeHNIC
But all was not peachy... https://twitter.com/TheReelPhilD/status/1365843986464784387">https://twitter.com/TheReelPh...
Through both Feb + March, the platform was mired with performance issues.
Top Shot had to deal with major scale problems like:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">Slow withdrawal access
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">Bots and DDOS
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">Multi account/gaming
And of course: Pack Drop problems
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📦" title="Paket" aria-label="Emoji: Paket">. In less than a month, a queue system was born.
Top Shot had to deal with major scale problems like:
And of course: Pack Drop problems
Sidenote: The issues are ongoing. They are improving but long way to go.
Some believe there is lack of objectivity from community voices. Personally I will do my best there, and think it& #39;s OK to be excited long term but openly discuss short term issues. We must show both sides.
Some believe there is lack of objectivity from community voices. Personally I will do my best there, and think it& #39;s OK to be excited long term but openly discuss short term issues. We must show both sides.
March 2021: Tons happened
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😡" title="Schmollendes Gesicht" aria-label="Emoji: Schmollendes Gesicht">Issues noted above
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐️" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern">3x different All Star Game Drops (Supply Saturation)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏪" title="Gemischtwarenladen" aria-label="Emoji: Gemischtwarenladen">Marketplace Cool Downs (Volume killer)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend">Overall Market Dip
And DESPITE ALL THAT we still saw:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">Multiple $10M+ days on MP
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍️" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen">180k+ Unique Buyers (most of them real)
And DESPITE ALL THAT we still saw:
April 2021: Modern Day
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎁" title="Verpacktes Geschenk" aria-label="Emoji: Verpacktes Geschenk">Gifting is revamped
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏦" title="Bank" aria-label="Emoji: Bank">40k+ have withdrawal access
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🕵️" title="Detektiv(in)" aria-label="Emoji: Detektiv(in)">Bad actors being exposed
And even on a quiet day we are seeing $2M in volume.
More importantly, it really feels like this community has galvanized
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🫂" title="People hugging" aria-label="Emoji: People hugging"> Those that are still here will stay long term.
And even on a quiet day we are seeing $2M in volume.
More importantly, it really feels like this community has galvanized
What Comes Next
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Of course I will say this: the future is bright.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏆" title="Trophäe" aria-label="Emoji: Trophäe">Playoffs are 6 weeks away
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📢" title="Lautsprecheranlage" aria-label="Emoji: Lautsprecheranlage">Marketing might soon be "turned on"
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤫" title="Schh!-Gesicht" aria-label="Emoji: Schh!-Gesicht">Whispers of added Utility for the Moments
The next $500M will happen faster than we think. And likely way smoother.
Enjoy the ride.
Of course I will say this: the future is bright.
The next $500M will happen faster than we think. And likely way smoother.
Enjoy the ride.
Honourable Mentions
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The purely chaotic events that have made this a once-in-a-lifetime experience:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">Cool Cats 1 Price Watch
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">12:15am PT Stress Test
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">"KAT" Cats news
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">SHAQ news
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">Rookie Badge Day
+ shoutout to the squad in @TheFirstMint network & across the community
The purely chaotic events that have made this a once-in-a-lifetime experience:
+ shoutout to the squad in @TheFirstMint network & across the community
Here is the Hart tweet, for reference
[End of Thread] https://twitter.com/joshhart/status/1362536129128505351">https://twitter.com/joshhart/...
[End of Thread] https://twitter.com/joshhart/status/1362536129128505351">https://twitter.com/joshhart/...