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NBA Top Shot Introduces Burn Leaderboard to Boost Collector Engagement
What is the Burn Leaderboard?
NBA Top Shot has unveiled a new feature called the Burn Leaderboard, aimed at rewarding users who permanently remove moments from circulation. This innovative update is expected to increase scarcity and value while encouraging deeper participation from collectors.
Key Objectives Behind the Burn Leaderboard
According to NBA Top Shot, the purpose of the Burn Leaderboard is to:
- Promote scarcity by lowering the total supply of Moments
- Reward active users who choose to burn valuable Moments
- Foster competition within the community
How the Burn Leaderboard Works
The feature works by tracking how many Moments a user burns during a specific promotional event. Top burners will qualify for exclusive rewards, including:
- Limited-edition Moments
- Access to exclusive challenges
- Special community recognition
Users can view their standings in real-time, motivating them to climb the rankings by burning more Moments.
Burning Mechanism
To burn a Moment, collectors must:
- Navigate to their collection
- Select the Moment they wish to burn
- Confirm the irreversible action
Once a Moment is burned, it is permanently removed from both the individual’s collection and the NBA Top Shot platform.
Community Reactions
The response to the Burn Leaderboard has been largely positive from NBA Top Shot’s loyal community. Many see this as a strategic step to restore value and excitement within the ecosystem. Some early adopters have already started burning high-demand Moments in hopes of climbing the leaderboard and earning unique rewards.
Conclusion
The introduction of the Burn Leaderboard marks a pivotal moment for NBA Top Shot, combining gamification with blockchain-driven scarcity. This move reinforces Top Shot’s commitment to rewarding active collectors while preserving long-term value for the entire marketplace.