If you are like me and have become obsessed with NBA Top Shots in recent months or weeks, you may be wondering how to quantify your moments. NBA Top Shots is brand new to the world of collectors therefore, trying to put a value on your collection can be tricky. This may make you ask the question how do you value your NBA Top Shots Account?
How do you value your NBA Top Shots Account? There are three websites that allow you to get a minimum value of your portfolio and they are Evaluate Market, Intangible Market, and Moment Ranks.
We have taken a closer look at the three websites and also show you how you can work out the value of your collection because the one catch is that two of the websites show you your minimum value. Once you have valued and sold your moments, then ensure you read our article on how to withdraw your funds from NBA Top Shot.
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I was introduced to Evaluate Market by a friend. He told me it was his preferred way of valuing his NBA Top Shots portfolio. After spending a few minutes on the website, I could see why he liked the system that Evaluate Market has in place. For instance, you can go to Evaluate Market and type your username and you are shown all your moments which is great. You will also be shown the lowest ask of the moments which allows you to create a rough idea of how much your NBA Top Shot portfolio is worth.
However, the lowest ask price is very difficult to determine the actual value of your account. For instance I have a Taco Fall moment which has a very low serial number. There are 15,000 Taco Fall moments and the lowest ask for this moment could be for one which has a higher serial number. Alternatively, it could be low serial number and therefore, it has a higher price because perhaps all the serial numbers above it have put outlandish asking prices. This shows that trying to calculate your value is not an exact science. It’s also important to remember the element of supply and demand when judging the value of your collection. As I write this, NBA Top Shots is in its beta testing phase, I joined in January 2021 and purchased moments for what I would consider relatively cheap. Luckily for me, the demand for NBA Top Shots has gone through the roof and this has meant that there is a small supply because it is beta testing, for huge demand and this has pushed the prices up. Demand can change at any time so it is always important not to play with money that you do not have. It is very easy to get carried away when you evaluate your portfolio on websites but if there is not the person to buy your moment for a price that you wish to obtain then you are stuck with it.
One aspect that I really enjoy about Evaluate Market is that it shows you how much your moments have increased in value. This is great to know when you have bought the moments on the marketplace. A few days before this current surge in the market I purchased a Tyler Herro moment for $30 which seemed like a lot of money at the time however Evaluate Market shows me that the lowest ask is now $140.00 and it conveniently shows me that I am $110 in profit. This is great functionality to have on a website and gives an indication of how your purchases on the market place are progressing.
Another website used to value your portfolio is Intangible Market. This has a much more simpler interface than evaluate market and all you have to do is put in your username to see how much your portfolio is .
Intangible Market is basic by also gives you the general rules which are mentioned already in this article that prices might not be accurate in order to value your portfolio.
Moment Ranks is another website which gives a valuation of your moments however, its new to the market. It has a simple interface and shows your return on investment. However, all the above websites have different ways of valuing moments. As an example, here is the same moment from the two different sites and two different prices.
Although all these websites are very handy to have if you wanna get a rough guide of how much your moment is going for then you can use my technique which is an Excel spreadsheet however, I do use Evaluate Market in order to make this process a lot less painful.
I go on to Evaluate Market and look at all the moments of my collection, in another tab I open up the marketplace on NBA Top Shots.I flick between my moments and the marketplace on NBA Top Shots this just helps me find my moments a lot easier in the marketplace. I then look at where my serial number would be if I decided to sell it and look 10 listings either side of where my serial number would be. You will have people he will list their moments for huge amounts which doesn’t make this in an exact science I tend to discount these figures if their wildly out from the other 10. Once I can see the number of listings I take an average of the number that there are. This gives me a rough idea of what my moment is worth particularly as I went for a lot lower serial numbers when I was buying moments in the marketplace.