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13-second Zion Williamson highlight sold for $100k : 'This is the future':
Posted on 2/16/21 at 12:02 pm
Posted on 2/16/21 at 12:02 pm
JEREMY LEVINE WAS just checking his phone quickly before heading out to spend a January Sunday morning skiing in Lake Tahoe. Instead, within minutes, he was spending $100,000 to buy a 13-second Zion Williamson highlight.
The play, Williamson soaring and swatting a Malik Beasley shot into the stands -- his first career block -- from a game on Jan. 24, 2020, is available to watch for free. But Levine didn't buy to watch it per se, though it is a particularly impressive display of Williamson's elite leaping ability. He bought it because he's hoping this encapsulated video clip, which he doesn't own the exclusive rights to, will eventually jump in value from six figures to seven.
The play, Williamson soaring and swatting a Malik Beasley shot into the stands -- his first career block -- from a game on Jan. 24, 2020, is available to watch for free. But Levine didn't buy to watch it per se, though it is a particularly impressive display of Williamson's elite leaping ability. He bought it because he's hoping this encapsulated video clip, which he doesn't own the exclusive rights to, will eventually jump in value from six figures to seven.
quote:Levine's excitement is over a new digital collectible called NBA Top Shot. Digital as in not tangible, a slice of data that exists only on the internet. But it's 2021, and this concept isn't just accepted by a wide range of collectors but also speculators and investors, many of whom identified this new kind of asset as the next big thing. Wow
This could go 10x, 100x or go to zero," said Levine, who has launched and sold several daily fantasy sports companies over the past decade. "I'm an early adopter and I'm excitable."
Posted on 2/16/21 at 12:03 pm to BowDownToLSU
He owns a resource that isn't scarce but thinks it will rise in value?
What?
ETA: So it basically works like a stock?
What?
ETA: So it basically works like a stock?
This post was edited on 2/16/21 at 12:07 pm
Posted on 2/16/21 at 12:03 pm to BowDownToLSU
So we buying clips available on youtube now?
Posted on 2/16/21 at 12:04 pm to BowDownToLSU
Interesting. I wonder if this takes off athletes will start filming themselves doing things off the court and selling them for 6 figures or more, somewhat like an athletic only fans.
Posted on 2/16/21 at 12:09 pm to lsubatman1
I know trading cards have skyrocketed, I’ve never heard of this... might be the next “ big” thing
Posted on 2/16/21 at 12:11 pm to BowDownToLSU
So you're saying I should start downloading a bunch of highlight clips onto my external HDD and that HDD could be worth a fortune in the future?
Posted on 2/16/21 at 12:12 pm to BowDownToLSU
Posted on 2/16/21 at 12:13 pm to WaterLink
quote:
So you're saying I should start downloading a bunch of highlight clips onto my external HDD and that HDD could be worth a fortune in the future?
Learn to code blockchain.
Posted on 2/16/21 at 12:14 pm to BowDownToLSU
Someone needs to explain this to me. I don’t get it.
Posted on 2/16/21 at 12:24 pm to BowDownToLSU
So is the idea to buy a share of the clip as an investment for the longer term returns on the ad revenue of those that stream/watch it?
Like was said, like a stock.
Like was said, like a stock.
Posted on 2/16/21 at 12:27 pm to truthbetold
quote:yea that’s what I’m thinking but 100k to watch his first block? His grandkids might see a return on that investment
So is the idea to buy a share of the clip as an investment for the longer term returns on the ad revenue of those that stream/watch it? Like was said, like a stock.
Posted on 2/16/21 at 12:35 pm to lsubatman1
quote:
athletic only fans
Posted on 2/16/21 at 12:39 pm to jlovel7
quote:
So it basically works like a stock?
not at all
Posted on 2/16/21 at 12:41 pm to jlovel7
quote:
So it basically works like a stock?
Kind of like a trading card
Posted on 2/16/21 at 12:44 pm to 21JumpStreet
quote:
Aka 2 bitcoins
Or one bottle of Tiger Water.
Posted on 2/16/21 at 12:49 pm to BowDownToLSU
Who did he buy it from & how many times can they sell it?
Posted on 2/16/21 at 12:50 pm to truthbetold
quote:
So is the idea to buy a share of the clip as an investment for the longer term returns on the ad revenue of those that stream/watch it?
Like was said, like a stock.
This has nothing to do with ad revenue
Posted on 2/16/21 at 12:51 pm to TigerintheNO
theres an entire marketplace to buy and sell, with a 5% fee
Posted on 2/16/21 at 12:52 pm to BowDownToLSU
quote:
He bought it because he's hoping this encapsulated video clip, which he doesn't own the exclusive rights to, will eventually jump in value from six figures to seven.
I just youtube'd the same club for free and can watch it as many times as I want.
A fool and his money are easily departed
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