NBA Top Shot to Reduce Cool Cats Moments Via Trade-In Program

NBA Top Shot to Reduce Cool Cats Moments Via Trade-In Program

NBA Top Shot's new trade-in program for Nine Lives Lounge members is expected to begin tomorrow, Aug. 3, at 10 a.m. ET. 

On Aug. 3, a Google form will launch for members to sign up for the trade-in program. Then, on Aug. 10 at 10 a.m. ET, the Google form will close off submissions and a PDF of eligible members will be released. The trade-in window will open for one week and close on Aug. 17 at 5 p.m. ET.

The multi-step event was announced on Jul. 29 and will last until Aug. 17 at 5 p.m. ET. During the event, Nine Lives Lounge members will be asked to exchange three, four, or seven Cool Cats Moments for a Cool Cats Drop 2 pack, $40 in Dapper balance, or a Cool Cats Drop 1 pack (in that order). The reward received is based on how many total Moments are traded in during the scheduled trade-in window.

There are currently 400 Drop 2 packs allocated for this trade-in challenge, $20,000 in Dapper balance, and 100 Drop 1 packs. 

All participants will also be entered to win $1,000 in Dapper balance as a special thank you for entering the challenge. 

The Nine Lives Lounge is a special group of NBA Top Shot collectors that currently own all of the Moments in the Series 2 Cool Cats Set. The set includes 30 total Moments, the rarest of which is LaMelo Ball's dunk on Jan. 29, 2021. It is limited to 2,953 total Moments, making the Nine Lives Lounge limited to the same number of group members.

The NBA Top Shot team also announced that Nine Lives Lounge members who locked their complete Cool Cats set will be eligible to receive rewards soon, including a Cool Cats pack and an entry into the Dapper balance giveaway.

More about NBA Top Shot

NBA Top Shot is the first officially-licensed sports collectible NFT project. Launched on Dapper Labs’ Flow blockchain, Top Shot allows for the collecting and trading of NBA highlights, packaged as “moments.” Similar to physical trading cards, these moments can be bought in packs and come in different sets with different rarity tiers. By collecting moments and completing sets, users help build their “collector score.” Achieving a certain collector score may make you eligible for special access pack drops and other utility not yet explored. 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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