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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 by BowDownToLSU
Livingston louisiana
Member since Feb 2010
19287 posts
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.
quote:

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."
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
Posted by jlovel7
Louisiana
Member since Aug 2014
21361 posts
Posted on 2/16/21 at 12:03 pm to
He owns a resource that isn't scarce but thinks it will rise in value?

What?

ETA: So it basically works like a stock?
This post was edited on 2/16/21 at 12:07 pm
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 2/16/21 at 12:03 pm to
So we buying clips available on youtube now?
Posted by lsubatman1
Member since Feb 2009
992 posts
Posted on 2/16/21 at 12:04 pm to
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 by BowDownToLSU
Livingston louisiana
Member since Feb 2010
19287 posts
Posted on 2/16/21 at 12:09 pm to
I know trading cards have skyrocketed, I’ve never heard of this... might be the next “ big” thing
Posted by WaterLink
Baton Rouge
Member since Sep 2015
17349 posts
Posted on 2/16/21 at 12:11 pm to
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 by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
34957 posts
Posted on 2/16/21 at 12:12 pm to
Posted by Diseasefreeforall
Member since Oct 2012
5579 posts
Posted on 2/16/21 at 12:13 pm to
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 by Fun Bunch
New Orleans
Member since May 2008
116328 posts
Posted on 2/16/21 at 12:14 pm to
Someone needs to explain this to me. I don’t get it.
Posted by truthbetold
Member since Aug 2008
7632 posts
Posted on 2/16/21 at 12:24 pm to
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 by BowDownToLSU
Livingston louisiana
Member since Feb 2010
19287 posts
Posted on 2/16/21 at 12:27 pm to
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.
yea that’s what I’m thinking but 100k to watch his first block? His grandkids might see a return on that investment
Posted by 21JumpStreet
Member since Jul 2012
14656 posts
Posted on 2/16/21 at 12:32 pm to
Aka 2 bitcoins
Posted by Eat Your Crow
caught beneath the landslide
Member since May 2017
9190 posts
Posted on 2/16/21 at 12:35 pm to
quote:

athletic only fans

Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/16/21 at 12:39 pm to
quote:

So it basically works like a stock?


not at all
Posted by 21JumpStreet
Member since Jul 2012
14656 posts
Posted on 2/16/21 at 12:41 pm to
quote:

So it basically works like a stock?


Kind of like a trading card
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71443 posts
Posted on 2/16/21 at 12:44 pm to
quote:

Aka 2 bitcoins


Or one bottle of Tiger Water.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41246 posts
Posted on 2/16/21 at 12:49 pm to
Who did he buy it from & how many times can they sell it?
Posted by zzgobucky
Madison
Member since Sep 2016
1741 posts
Posted on 2/16/21 at 12:50 pm to
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 by rocket31
Member since Jan 2008
41819 posts
Posted on 2/16/21 at 12:51 pm to
theres an entire marketplace to buy and sell, with a 5% fee
Posted by MrBiriwa
Biriwa,OH
Member since Nov 2010
7116 posts
Posted on 2/16/21 at 12:52 pm to
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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