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

There’s a few ahead of me serial number-wise is the $2300 +\-

Ya’ll are going to lose so much money lolzz

yea I'm going broke for sure. it's unfortunate

quote:

---

I wish I understood anything about how this works

---

What do you want to know? The knowledge barrier isn’t that bad if you are genuinely curious.

quote:

---

So I buy a Zion Williamson highlight from who? And then where am I selling it, and to who?

---

It's basically virtual trading cards, backed by the blockchain.

You can pull the Zion from a pack or purchase it from another person. Once you have the Zion in your possession, you can then sell it to other people or keep it

And is there a marketplace for this? Where do I even see highlights available for purchase?

quote:

---

I guess I’m just confused as to the entire process.

So I buy a Zion Williamson highlight from who? And then where am I selling it, and to who?


I am genuinely curious. Anytime a new line like this opens up I’m intrigued.

---

Well for a minute let's set aside, if you think it's dumb or not and let's talk about just the process and why the guy saying "you're going to lose so much money" is dumb.

This is the process flow

1- "Pack Drop" - they (NBA top shot) sells a predetermined number of packs containing a set of highlights at a specific amount. All three vary.

2- you sign up for said pack drop and hope the number you're randomly assigned is lower than the number of packs available so that you'll be able to purchase one. Obviously the more popular it gets, the harder it is for you to buy one

3- once those packs are distributed, they can be listed for sale by the ones who were lucky to get it.

So far if you get your hands on a pack, you easily make money by selling the moments in it on the marketplace. Now how much money depends on the player/highlight/serial number.

So yeah if you just focus on drops and and get lucky to get your hands on one you're not going to lose "so much money."

If you're buying from the marketplace, that takes a lot more analysis.

hard to answer those questions tbh - it really depends on how valuable people think that the durant reward is, that challenge could go either way imo

If you're buying from the marketplace you can get all 24 rising stars for $4500 and that will get you a Durant and a Lebron. That's probably worth it. Because of they lose 50% after the challenge is over, you will only need Lebron+KD to net you $2250.

But to answer your question, no one knows. Look at previous challenges and see how many people completed them to get an idea. But if something else is released in the meantime, it may take the attention away from the challenge, dropping those prices even further.

quote:

---

Are y’all able to post some of the moments y’all have snagged?

---

I've only been able to get one pack so far - seeing starsp (well 2,but waiting for the other 1) and your favorite player was the best of the pack.