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

Posted on 2/17/21 at 10:07 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 10:07 am to
quote:

.I get it because you can't really recreate those


lol
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 10:08 am to
its easier to replicate a cardboard photograph, than a blockchain digital asset
Posted by KosmoCramer
Member since Dec 2007
79919 posts
Posted on 2/17/21 at 10:14 am to
They don't get the general concept of blockchain/digital property, that's pretty clear
Posted by whodat24
Member since Oct 2018
2356 posts
Posted on 2/17/21 at 10:20 am to
With the way withdrawals work now, the guy who sold this highlight won't have withdrawn the last of his 100k until 2029.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 10:21 am to
we are still in beta baw. i predict you have a top shots card collection by the end of the year. i can sense it
Posted by whodat24
Member since Oct 2018
2356 posts
Posted on 2/17/21 at 10:23 am to
Not cards. And I'm actually the guy who sold the Zion for 100k.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
53589 posts
Posted on 2/17/21 at 10:26 am to
quote:

They don't get the general concept of blockchain/digital property, that's pretty clear

it’s not property if Top Shots can withdraw it from circulation and make it worthless
Posted by whodat24
Member since Oct 2018
2356 posts
Posted on 2/17/21 at 10:31 am to
Good point. Whereas typically you'd be investing in a physical product, with Topshot you're also investing in the website and DapperLabs itself. If they go under or lose their license, there goes your digital collectible as well as your "blockchain"
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 10:32 am to
quote:

it’s not property if Top Shots can withdraw it from circulation and make it worthless


youll be able to take the assets of the site and store them in a cold wallet
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 10:33 am to
quote:

Good point. Whereas typically you'd be investing in a physical product, with Topshot you're also investing in the website and DapperLabs itself. If they go under or lose their license, there goes your digital collectible as well as your "blockchain"


naa it was a dumb boomer point

you can store them in a cold wallet and then you and the NBA would share rights to the highlight
Posted by Corporal Beavis
Member since Aug 2013
1295 posts
Posted on 2/17/21 at 10:34 am to
Regardless these values seem insane right now. $200 for a video of Svi making a half court shot. A Svi trading card won't ever be worth a penny of that.

For any Ultimate Team gamers out there I've always wondered if a market with actual money for something like this would pop up. 2k already does this where they release a series of Michael Jordan's with only 1000 cards for example. Card #1 is worth a bunch of the market currency but a card from 2k20 could be worth even more in 2030 if people look back on that year and think it was a sick card.
Posted by whodat24
Member since Oct 2018
2356 posts
Posted on 2/17/21 at 10:37 am to
What part of any of this implies you're given rights to the highlight in any shape or form?
Posted by KosmoCramer
Member since Dec 2007
79919 posts
Posted on 2/17/21 at 10:42 am to
quote:

You on Page 9: What part of any of this implies you're given rights to the highlight in any shape or form?


quote:

You on Page 7: I don't get it so I'll stay out of it.
Posted by Smoke7024
Member since Jun 2010
23960 posts
Posted on 2/17/21 at 10:52 am to
quote:

A basketball highlight from 2020 is not worth $100k no matter how you slice it


Something is worth whatever someone else is willing to pay for it.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 2/17/21 at 10:54 am to
quote:

its easier to replicate a cardboard photograph, than a blockchain digital asset


I can recreate and load to my YouTube account that Zion clip in probably 3-4 minutes.

Can you recreate a trading card in 3-4 minutes right now on the spot?
Posted by KosmoCramer
Member since Dec 2007
79919 posts
Posted on 2/17/21 at 10:57 am to
quote:

I can recreate and load to my YouTube account that Zion clip in probably 3-4 minutes.

Can you recreate a trading card in 3-4 minutes right now on the spot?


You're comparing apples to an analysis of tax law in 1941 Mongolia.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 2/17/21 at 10:59 am to
quote:

They don't get the general concept of blockchain/digital property, that's pretty clear
Me: I don't get what he owns

Kosmo: HAHAHHA, he doesn't get what they own




Ok, good talks.
This post was edited on 2/17/21 at 11:01 am
Posted by whodat24
Member since Oct 2018
2356 posts
Posted on 2/17/21 at 11:04 am to
Nah I said I didn't get then y'all slung mud and called me poor. You can "invest" all you want in this garbage but you look like a fool coming here to try to crap on everyone else about it.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/17/21 at 11:04 am to
quote:

You're comparing apples to an analysis of tax law in 1941 Mongolia.


hes the type of guy who believes he can buy a plastic coin with a bitcoin logo from amazon and go out and sell it for 50 racks the next day
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 2/17/21 at 11:08 am to
quote:

hes the type of guy who believes he can buy a plastic coin with a bitcoin logo from amazon and go out and sell it for 50 racks the next day

Imagine sticking out your chest and thinking you're badass because you have a better understanding of this $100k digital video of Zion some dude bought than I do.

Your Mom must be so proud of this recognition, whole dang family will probably throw you a party for your understanding of this Zion video.
This post was edited on 2/17/21 at 11:10 am
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