NBA Top Shot, Dapper Labs’ NFT platform, in collaboration with the National Basketball Association (NBA), will be giving out ‘extremely scarce’ 30 NFT collectibles to fans in its first-ever auctions coming up this month.

Each NFT represents an NBA team logo displayed on a digital ticket.

Winners of the NBA All-Star VIP Pass NFTs will gain an exclusive entry ticket to the NBA All-Star league for 5 years, starting from the 2023 event in Salt Lake City.

In the last 24 hours, bitcoin has been down by 5.03%, with a current price of $39,876.60 as of the time of writing this. Within 24 hours, bitcoin dropped to $39,661.70 low and $42,149.90 high. The trading volume of bitcoin in the last 24 hours is $1.18B. The current market capitalization of bitcoin is $760.65B. Currently, $18.96M bitcoins are in circulation.

Stats and Image from Coin Desk

Other real-life benefits for winners of the auction include a personalized All-Star itinerary with VIP support, a shootaround with an NBA Legend on the NBA All-Star court, an exclusive guest invitation to an NBA reception, An on-court photo on the official NBA All-Star Game court.

Other perks are Two lower-bowl tickets to the NBA All-Star Game, State Farm All-Star Saturday Night, which includes the AT&T Slam Dunk Contest, the MTN DEW 3-Point Contest, the Taco Bell Skills Challenge, and Clorox Rising Stars.

One additional NFT ticket will also be available to basketball fans via sweepstakes. This ticket will display the NBA logo and offers the same benefits as the 30 NFTs.

The Auction will begin on February 23. One NFT will be released per day, and each auction will be live for fans to bid on for seven days.