Is there really anything crazier than this...

WildBill

WildBill

2
NBA Top Shot, a blockchain-based marketplace, has exploded with basketball enthusiasts. Fans are buying, selling and trading assets in the same fashion as trading cards — only these collectibles aren’t cardboard, they are licensed digital “moments” of top NBA highlights.

Moments are released individually or in packs, with varying levels of scarcity. A rare 13-second clip of Zion Williamson’s first career block recently sold for $100,000.
 
WildBill

WildBill

2
Even better, what that $100k got the buyer...

The digital highlights can be purchased using cryptocurrency and are linked to serial numbers that guarantee authenticity. However, buyers don’t own the highlights outright — intellectual property rights still belong to the NBA.
 
jimmythegreek

jimmythegreek

The opening odds start here
Might as well buy the rights to a shorter Super Bowl commercial only substituting a sequence of actual entirety.
 
WildBill

WildBill

2
FairWarning

FairWarning

Bells Beer Connoisseur
WildBill said:
This stuff is crazy, people literally don't have anything better to do with their money. I guess its kind of like art. The real piece of Van Gogh costs millions of dollars but you can get a near perfect replica to put on your wall for $50. Same image, same stuff going on, but the guy with the original has something no one else can claim to own.
Click to expand...
I just saw this yesterday on another forum and I thought I lost my mind - http://forum.thegamblingforum.com/i...ndred-dollars-for-these-digital-collectibles/
 
B

billysink

EOG Dedicated
Where's the growth equity potential in that?

In two years 100k gonna buy you a good used lawn tractor so you can still drive to work.
 
M

MrTop

EOG Master
Pick up a half a dozen for the kids?




you just know the crash is coming to the market when people are throwing money around like that !
 
M

MrTop

EOG Master
WildBill said:
Even better, what that $100k got the buyer...

The digital highlights can be purchased using cryptocurrency and are linked to serial numbers that guarantee authenticity. However, buyers don’t own the highlights outright — intellectual property rights still belong to the NBA.
Click to expand...




correct... i remember bruce willis thought he owned the 25000 songs he bought off of apple thru the years ....he wanted to leave them to his kids in a will....LOL sorry you are only leasing them!
 
FairWarning

FairWarning

Bells Beer Connoisseur
MrTop said:
Pick up a half a dozen for the kids?




you just know the crash is coming to the market when people are throwing money around like that !
Click to expand...
You should see the sports card market. People waiting for the Walmart’s to get their orders, buying every single one, then asking for double the price online.
 
M

MrTop

EOG Master
FairWarning said:
You should see the sports card market. People waiting for the Walmart’s to get their orders, buying every single one, then asking for double the price online.
Click to expand...



i can see that ... Money is getting thrown around like a drunk in a casino.... seen that too with the ex eagle owner at trump plaza...many moons ago
 
GameBred

GameBred

I Trade Therefore I Am
WildBill said:
NBA Top Shot, a blockchain-based marketplace, has exploded with basketball enthusiasts. Fans are buying, selling and trading assets in the same fashion as trading cards — only these collectibles aren’t cardboard, they are licensed digital “moments” of top NBA highlights.

Moments are released individually or in packs, with varying levels of scarcity. A rare 13-second clip of Zion Williamson’s first career block recently sold for $100,000.
Click to expand...

This? You can get this shit off Youtube?


What's the endgame here?
 
GameBred

GameBred

I Trade Therefore I Am
MrTop said:
they say Utube could be gone down the road to some degree. Some video's could be leased or sold.
Click to expand...

Ok. I guess it's the Greater Fool Theory? Someone in the future is going to pay more for it than Mr. 100K did? I didn't click on any of the links so maybe the explanation is there but I'm not gonna bother.
 
M

MrTop

EOG Master
Decentraland is an Ethereum-based blockchain platform where users can purchase, build and monetize virtual reality applications. Users can purchase virtual land in the platform's world which gives them ownership and control over the environment and applications they create within their land



Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers. ... This is because no two NFTs are identical – even those that exist on the same platform, game or in the same collection.

Non-fungible tokens are not traded on standard cryptocurrency exchanges, instead they are bought or sold on digital marketplaces like Openbazaar or Decentraland's LAND marketplace.
 
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