re: 13-second Zion Williamson highlight sold for $100k : 'This is the future':

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spending $100,000 to buy a 13-second Zion Williamson highlight.

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is available to watch for free.

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which he doesn't own the exclusive rights to

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So Somewhere there is a Nigerian Prince that can't wait to meet Jeremy.

He paid $100K for something that will NEVER appreciate in value because it has 0 exclusivity. Even Bitcoin has a finite amount and a level of exclusivity.

Did he pay in doge coin?

It is a stupid concept. What’s next NBA collectible video cards? It is like baseball cards but it only holds 15 second video clips. I better stop before some one steals this next multimillion dollar idea.

Never mind here goes...

Video is stored in solid state media and you can change the batteries to play the clip over and over again or use an AC adapter to keep your card playing 24/7. You can place the video card in an picture frame.

NBA please send royalties to Tarps @ Tigerdroppings.

I bought about $500 in TopShot packs last year, now worth $50k. The responses on this are the same as when Wiki tried to tell everyone about Bitcoin. People are already buying digital skins, robux, etc. This is instead giving people provable ownership of the item (because it’s on the blockchain) rather than the company. It’s a fairly new concept so I understand the skepticism, but it’s literally no different than owning a basketball card, except that it’s digital. And you can share your moment on the site or through a link. I can show it in my phone that I own the moment just like someone can show they own a baseball card.

This is a big Gary V thing (for those on LinkedIn). I think he was pointing to 1 of 1 highlights but he thinks there is a big market coming for this

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I bought about $500 in TopShot packs last year, now worth $50k. The responses on this are the same as when Wiki tried to tell everyone about Bitcoin.

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This is a cryptocurrency. The highlight part of it is absolutely worthless and is what causes the confusion.

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The highlight part of it is absolutely worthless

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wrong

take this lebron for example with the unique lookaway 3 pointer (15000 supply), its almost the same price as a lebron highlight with half as many mints (7500)

LINK

its because the highlight is so cool

btw this was selling for less than $200 a few days ago lol

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You’re paying for something that is not unique, limited, or exclusive in any way, shape or form.

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You are wrong on this. The clip itself is not exclusive, similar to how a players photo on a baseball card is not exclusive, but the whole asset is exclusive. The only difference is that instead of saying first edition on the card, it says it in the code.

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There is value to the baseball cards even if I personally don’t value them. There is no value to owning a free clip of a sports highlight. Like I said if they were doing something truly tangible that was limited and exclusive like the basketball example I mentioned earlier, then yes there is value there. This is not exchanging anything of value.

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There is no natural value of baseball cards. I could take the rarest baseball card in history to Walmart and wouldn’t be able to buy a soda with it. There’s a value because there’s a market. Baseball cards have been around 100 years. It’s a very mature market. This has been around a few months. It’s dumb to compare the popularity.


I would not invest in this now because I wouldn’t wanna risk my money on the first website to try this. Others will probably come along that do it better. However I completely see the potential value in this because it’s literally exactly the same as a baseball card except not physical. But people don’t buy rare cards because they’re physical, they buy them because they’re limited and they wanna say they own one. This same concept could happen here, where someone wants to just say they own a first edition Trae Young logo 3 highlight asset (not sure what these highlights are called). You don’t own the highlight similar to how you don’t own the image on a baseball card, but you do own that particular asset which is unique due to the code behind it. It’s defiantly an abstract idea but it truly is not that different

well you're wrong so far so I guess we will see if it changes "long term" lol