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re: 13-second Zion Williamson highlight sold for $100k : 'This is the future':
Posted on 2/16/21 at 2:09 pm to rocket31
Posted on 2/16/21 at 2:09 pm to rocket31
that's great. can you give a slightly more detailed explanation on how it works? it doesn't really make any sense on the surface.
it's just virtual trading cards? i cant figure out what the market is whatsoever
ok, so people want to own this highlight or a unique serial number of this highlight/other highlights. why? the human behavior part of it is lost on me.
it's just virtual trading cards? i cant figure out what the market is whatsoever
ok, so people want to own this highlight or a unique serial number of this highlight/other highlights. why? the human behavior part of it is lost on me.
This post was edited on 2/16/21 at 2:11 pm
Posted on 2/16/21 at 2:12 pm to rockchlkjayhku11
well for example last night you could reserve a spot to get 1 of the 50000 packs of the "cool cats v2" series.
these packs were $14 and you received 5 digital cards.
you can display them on your collection or sell them on the marketplace.
I discussed the rarity factors above
these packs were $14 and you received 5 digital cards.
you can display them on your collection or sell them on the marketplace.
I discussed the rarity factors above
Posted on 2/16/21 at 2:15 pm to rockchlkjayhku11
quote:
so people want to own this highlight or a unique serial number of this highlight/other highlights. why?
Why would someone want to own a cardboard photo of an athlete, when you can find tons of photos for free?
Now, the lack of a tangible item makes me doubt this is here to stay, but its the same concept as sports card collecting.
Posted on 2/16/21 at 2:21 pm to rockchlkjayhku11
quote:
that's great. can you give a slightly more detailed explanation on how it works? it doesn't really make any sense on the surface.
it's just virtual trading cards? i cant figure out what the market is whatsoever
ok, so people want to own this highlight or a unique serial number of this highlight/other highlights. why? the human behavior part of it is lost on me.
You can basically recreate a Honus Wagner rookie card but it would be essentially worthless.
These "highlights" are official from the NBA, numbered, their official reproduction is limited, etc.
It's like many "collectable" things in life.
Posted on 2/16/21 at 2:35 pm to rockchlkjayhku11
quote:
ok, so people want to own this highlight or a unique serial number of this highlight/other highlights. why? the human behavior part of it is lost on me.
I'm with you.
Why would anyone pay to own a digital clip of something that is available for free online?
I don't care if it's 1/500 officially licensed clips, it's still just a digital highlight. There's no real rarity, only manufatured rarity.
That's not at all like a playing card that has a tangible aspect.
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