I'm reading this article off the back of just noticing an article stating that Dapper Labs, the creators of ToppShots are now valued in the billions. So the market is still there, over saturated or not. A very big distinction between the og model of trading cards and our latter day love is blockchain. Absolutely Moments can be minted ad nauseum, but the Blockchain traceability will let you know which mint you have. A proveable Mint 1 is ,whether in printed form or electronic form,immensely valuable to true collectors. And moving forward, rumour on the court is that soon the Moments can be used in actual games. Now that will be something!
Loving the platform and the direction this project is heading! I can't wait to see how close we (Finney supporters) get to the moon! If you haven't already got yourself a HARD COPY of the Cryptowriter Volume 1, you're missing out! 🔥🚀🌕 Thank you to Sean, Kenny and everybody @ Cryptowriter! 😁
The first thing that came to my mind when I started reading was the Mad Dog Jones Burning sessions! And then you were mentioning it later. It‘s an awesome mechanic and there are more and more people starting to use the burn function to increase scarcity of their works, collections etc.
But as you mentioned (and I have to admit I am not into sports trading cards at all) the whole industry and model is flawed and kind of oldfashioned broken.
Unfortunately you can also see some upcoming and new projects giving in to greed and mass production with people throwing high amounts of "money" into it and giving in to the hype.
I see cards being priced so high for pretty new collection launches, projects and after pack hunts but it is starting to get saturated.
It‘s supply and demand...and demand isn‘t there (yet) for this amount of high priced ones when there are a couple hundreds of them.
I‘d like to see more mechanics and ideas coming to the space of collectable nft art/ trading cards in terms of scarcity even after drops/launches.
A vivid system that is maybe driven by collectors themselves to a certain point.
I just hope that we will see some broken models from the past vanish along the way with more and more people realizing and not being catered along by collectors into this "still pretty new" space.
Thanks you for article , very informative . today MLB launched on wax and sold out within half n hour . believe NFTs are taking hold
A few days ago a mlb.topps account was created on the WAX blockchain. Maybe soon enough we'll see MLB NFTs
I'm reading this article off the back of just noticing an article stating that Dapper Labs, the creators of ToppShots are now valued in the billions. So the market is still there, over saturated or not. A very big distinction between the og model of trading cards and our latter day love is blockchain. Absolutely Moments can be minted ad nauseum, but the Blockchain traceability will let you know which mint you have. A proveable Mint 1 is ,whether in printed form or electronic form,immensely valuable to true collectors. And moving forward, rumour on the court is that soon the Moments can be used in actual games. Now that will be something!
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Loving the platform and the direction this project is heading! I can't wait to see how close we (Finney supporters) get to the moon! If you haven't already got yourself a HARD COPY of the Cryptowriter Volume 1, you're missing out! 🔥🚀🌕 Thank you to Sean, Kenny and everybody @ Cryptowriter! 😁
The first thing that came to my mind when I started reading was the Mad Dog Jones Burning sessions! And then you were mentioning it later. It‘s an awesome mechanic and there are more and more people starting to use the burn function to increase scarcity of their works, collections etc.
But as you mentioned (and I have to admit I am not into sports trading cards at all) the whole industry and model is flawed and kind of oldfashioned broken.
Unfortunately you can also see some upcoming and new projects giving in to greed and mass production with people throwing high amounts of "money" into it and giving in to the hype.
I see cards being priced so high for pretty new collection launches, projects and after pack hunts but it is starting to get saturated.
It‘s supply and demand...and demand isn‘t there (yet) for this amount of high priced ones when there are a couple hundreds of them.
I‘d like to see more mechanics and ideas coming to the space of collectable nft art/ trading cards in terms of scarcity even after drops/launches.
A vivid system that is maybe driven by collectors themselves to a certain point.
I just hope that we will see some broken models from the past vanish along the way with more and more people realizing and not being catered along by collectors into this "still pretty new" space.