Candy MLB NFT marketplace

[weatherwarrior]

So the Candy MLB nft marketplace is opening this coming weekend. Do any of you have items you will be listing? I know there are plenty that think the NFT stuff is a joke, but for those invested what do you look forward to the most?

[redauto5]

So the Candy MLB nft marketplace is opening this coming weekend. Do any of you have items you will be listing? I know there are plenty that think the NFT stuff is a joke, but for those invested what do you look forward to the most?I'm not sure that I will list anything unless the price is right. It'll be super interesting to see pricing on all the stuff I've bought from Candy. Bought lots of the Playoff plays of the day, bought some trophies, ripped like 15 icons and uncut diamonds packs. I'm in no rush to sell - will be more into buying if the price is right!

If you twisted my arm I'd say I'd list some of my dupe Play of the Days.

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[ChefCurry312]

I won’t be listing anything because I think the market will be flooded early on with people that have been waiting to flip. I’m actually hoping I can find some deals on prospects with less name recognition.

[redauto5]

Figured I'd bump this since the market place is now open. Sold a Core Trout /409 for $650....

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[psochaps]

Trout and Othani Epic’s just sold for $15K each!!!

[jrutledge]

I didn't have much...just a few commons and a Pepiot uncommon, but I underestimated the values out of the gate. My stuff was gone within 10 minutes and I definitely left a few hundo on the table.

[boxbuster7]

I sold basically everything I had today and made 2k from 3 $50 dollar packs (2 all star icon 1 uncut diamonds)

[jhesh4]

This marketplace is atrocious compared to even the early topshot market. Just totally disorganized, you cant search recent sales, cant sort listings by rarity or anything else

[ChefCurry312]

Marketplace definitely needs lots of improvements but I'm glad I got in on this early. My logic was Fanatics/MLB licensing + low mintage + only all stars/top prospects = low risk.

[jhesh4]

Fully with you on it being a good flip short term, and good to be an early adopter

[Paderborn1907]

1 Million $ Sales in the First 8h was a pretty decent start, Candy does a lot of things right for NFTs.

[sandlotsportcards]

I was never able to get any packs but bought a few things this morning. Not sure if there will be any significance to the edition of the Team Candy jersey's but I picked up 2 of those (1204 and 5089). Also uncommon of Jose Ramirez, Shane Bieber, Whit Merrifield and Rutschman.

[redauto5]

Kikuchi and Rolison are being eaten up by the Candy Community fyi, creating a bottleneck for set collectors AND creating some initial lore and mythology around the platform. Fun times!

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[redauto5]

PSA for my BO friends - Candy Digital has initiated an initial 7 day hold on ALL sales proceeds on their platform. Over $2 million in sales (I'm guessing) have been held in the first 36 hours, and a good portion of this will get poured back into the platform once released. This will inevitably cause an upswing in price, as there has not to this point been any additional product releases announced.

The inventory is static for now, there is demand but an artificial governor on reinvestment. If you want in on the platform I'd inject some initial seed money in the next 5-6 days.

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[kiwicardtrader]

Found the marketplace fast and smooth. Not sleeping on this one as it looks like its setup for longevity. Time will tell if there's a stall similar to what Topps is experiencing.

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[redauto5]

The market is heating up. Trout Cores out of /409 have gone from $500ish day 1 to a current floor of $1,850 day 3. Was around $1k yesterday. I bought a Bichette Core today for $138, seeing the 2nd tier guys heating up. Current floor - $250.

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[Eckstein197]

I’m curious with what will happen with Candy and Topps NFTs now. Fanatics owning topps, curious if they will integrate or just shut one of them down

[psochaps]

😱 Trout floor now over $2K for Core!

[boxbuster7]

😱 Trout floor now over $2K for Core!

Should be interesting to see how this plays out. I'd say they need to execute it perfectly for the crazy prices these things are getting.

[skipfreely]

Nuts I forgot I bought 2 packs of this stuff.

[Dbacksbaseball]

Nuts I forgot I bought 2 packs of this stuff.

Hold those. I checked it out this morning-- most above $750. Have to imagine if prices keep skyrocketing you will be a very happy man off those in a month or two.

[skipfreely]

Hold those. I checked it out this morning-- most above $750. Have to imagine if prices keep skyrocketing you will be a very happy man off those in a month or two.
Prices are crazy, the uncut diamond packs are about 700 and the all star icons are 1200.

[Asian62150]

Prices are crazy, the uncut diamond packs are about 700 and the all star icons are 1200.

the longer that Trout 1/1 hangs out there, the more valuable the all-star packs get...

[redauto5]

Not mine, but good analysis for anyone that cares. https://uploads.tapatalk-cdn.com/20220119/1de7b14612972a6bfdccebc873572121.jpg

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[Eckstein197]

Man definitely missed out on this. Wasn’t a fan of the marketplace being 2-2.5 months after packs released, should’ve just bought a couple just for fun

[monkeymcgee]

My most lucrative investment in the last 10 months :)!

Already covered my initial buy-in of everything before MP opened plus some 1.5-2x flips from the weekend and still have all my jerseys, trophies, and PTODs.

I didn't think I'd be able to top my Topps S1 haul, but I beat it by 20% so far.

I'm concerned about the liquidity through the end of the week, which is why I felt fine about selling early. I'll be looking for good opportunities in Tatis, Vlad, Soto, and Acuna.

[redauto5]

Today was a bit of a breather for the Candy market overall. Some floors climbed big, some floors that surged yesterday backed down a bit but that's healthy.

I was excited to see the Yadier Molina Epic /30 Jersey Number Mint sell for more than $5,200. Not a huge name in the collector market but a HOF most likely. I own the 1/30 Molina Epic so my personal valuation in my head has been proved up a bit.

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[kiwicardtrader]

How's the collector/investor community feeling about this one? I know the paper vs. digital is a difficult sell in terms of it being the future.

[redauto5]

How's the collector/investor community feeling about this one? I know the paper vs. digital is a difficult sell in terms of it being the future.Considering there haven't been any other posts than yours on this thread since you asked the question, I would venture to say the response of the BO community to Candy has been....tepid at best.

There was quite a bit more excitement here with series 1 on WAX even with the WAX issue.

And I'm totally cool with that. Price discovery has been fantastic, marketplace is humming, Candy Community is situating themselves to hold these assets long term.

BO will be enlightened sooner or later.

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[kiwicardtrader]

I was beginning to think my microphone was on mute...

[sandlotsportcards]

I’m up to 17 items in my collection. 2 jersey, 3 POTD, and 12 uncommon’s. If I was able to sell at the current floor of the uncommon’s I own the least profit would be like $25 on one of them and I think the most Id profit is close to $400. Now I’m trying to decide if I should hold or sell with the funds being held being available this weekend. If I sell I’d definitely look to buy back in. I like it.

[kiwicardtrader]

I’m up to 17 items in my collection. 2 jersey, 3 POTD, and 12 uncommon’s. If I was able to sell at the current floor of the uncommon’s I own the least profit would be like $25 on one of them and I think the most Id profit is close to $400. Now I’m trying to decide if I should hold or sell with the funds being held being available this weekend. If I sell I’d definitely look to buy back in. I like it.

Always a tough decision when to buy and when to sell.

For anyone interested in a bit of an overview this is their blog (hopefully this is all good here?)

https://blog.candy.com/

[monkeymcgee]

I feel bad for all the folks who were banking on a big weekend as selling proceeds unfreeze. I didn’t think it was happening to the degree they were expecting anyway, but the markets dumping couldn’t have come at a worst time.

Maybe I’m wrong, but I think you’ll see some bargains early next week as reality sets in.


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[redauto5]

I feel bad for all the folks who were banking on a big weekend as selling proceeds unfreeze. I didn’t think it was happening to the degree they were expecting anyway, but the markets dumping couldn’t have come at a worst time.

Maybe I’m wrong, but I think you’ll see some bargains early next week as reality sets in.


Sent from my iPhone using TapatalkYou called it man. I was never feeling the big melt up from released funds either - it's a classic buy the rumor sell the news.

I have been steadily taking profits out of the platform (up to $6k now) but am still planning on keeping most of my collection on the platform and pick spots to buy more.

I love Candy long term.

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[Asian62150]

You called it man. I was never feeling the big melt up from released funds either - it's a classic buy the rumor sell the news.

I have been steadily taking profits out of the platform (up to $6k now) but am still planning on keeping most of my collection on the platform and pick spots to buy more.

I love Candy long term.

Sent from my SM-G991U using Tapatalk

Agree. Not sure why ppl thought it would moon this wknd. Ppl who sold 7 days ago got their money, but they were priced out of getting back into the market.

I'm more bullish when they allow crypto and open international markets.

The biggest short-term game changer could be if they announce a great reward for completed sets. If it's amazing, the market really could explode. If it's meh, it'll trickle along for now.

But I'm also in on Candy long term. They have the license and the backing.

[ChefCurry312]

The 1 of 1 Legendary Ohtani sold today for $100,000!

https://twitter.com/CandyDigital/status/1486862580903784449

https://mlb.candy.com/marketplace/c52c99be-7bb7-4750-a322-3d96c991de61

[psochaps]

And his jersey number Epic went for $36K right after!!

[JRX]

The 1 of 1 Legendary Ohtani sold today for $100,000!

https://twitter.com/CandyDigital/status/1486862580903784449

https://mlb.candy.com/marketplace/c52c99be-7bb7-4750-a322-3d96c991de61

Either prove it wasn't a wash trade or it doesn't count.

[Randallk34]

A Fool And His Money Are Soon Parted

[JRX]

What happens to these when crypto implodes? I've been following everything related to tether and its not good. It looks like the SEC will simply deny every Bitcoin ETF and let that blow up the ponzi scheme rather than take more direct action.

[monkeymcgee]

Either prove it wasn't a wash trade or it doesn't count.

Maybe you should have to prove it was a wash trade or it does count.

[monkeymcgee]

What happens to these when crypto implodes? I've been following everything related to tether and its not good. It looks like the SEC will simply deny every Bitcoin ETF and let that blow up the ponzi scheme rather than take more direct action.

All money in is through fiat. No crypto.

[JRX]

All money in is through fiat. No crypto.

How does it actually work? Someone is buying an NFT for 100k with a credit card?

[monkeymcgee]

How does it actually work? Someone is buying an NFT for 100k with a credit card?

That's a bingo, unless they already sold $100k worth of NFTs through the marketplace and used the balance.

[JRX]

That's a bingo, unless they already sold $100k worth of NFTs through the marketplace and used the balance.

If you sell is your balance held in dollars? Where does the money actually sit?

[monkeymcgee]

If you sell is your balance held in dollars? Where does the money actually sit?

Balance is in dollars. You have a Candy "wallet". You cannot access funds for 7 days after the sale for wire withdrawal or re-use in the marketplace.

They will be adding crypto at some point, but it's all in bucks right now.

[JRX]

Balance is in dollars. You have a Candy "wallet". You cannot access funds for 7 days after the sale for wire withdrawal or re-use in the marketplace.

They will be adding crypto at some point, but it's all in bucks right now.

So is Candy holding reserves and what are those reserves held in?

[monkeymcgee]

So is Candy holding reserves and what are those reserves held in?

Pretty sure they aren't trying to cash in on arbitrage of currency exchanges or crypto maneuvers over the 7-day holding period, but honestly I don't know. Everything I see is in dollars. I have no concerns and have a large wire transfer pending. Feel free to give them a call.

[ChefCurry312]

I have no concerns about actually getting my money from Candy. Candy is majority-owned by Fanatics and Peyton Manning is an investor https://www.cnbc.com/2021/10/21/fanatics-candy-digital-is-worth-1point5-billion-peyton-manning-owns-a-stake.html

[JRX]

So am I reading the faq right, Candy takes 5% from both buyer and seller? What have they been charging for a processing fee? And after you sell, the money is frozen for 7 days, then you can request a wire transfer which they charge $25 for and it could take 30 days to process? And if you sell a bunch, request your money, then sell more you have to wait for the first payment to clear?

[monkeymcgee]

So am I reading the faq right, Candy takes 5% from both buyer and seller? What have they been charging for a processing fee? And after you sell, the money is frozen for 7 days, then you can request a wire transfer which they charge $25 for and it could take 30 days to process? And if you sell a bunch, request your money, then sell more you have to wait for the first payment to clear?

2.9% CC fee. They were charging that on the balance spends as well, but have stopped that and will be issuing refunds.

Those fees are all reasonable to me and in line with the other licensed NFT marketplaces.

We'll see how long the wire transfer actually takes, but they are having to manually review requests right now.

[JRX]

Well this seems important. Look if you guys can make a killing on this in the short term more power to you, but if you think Peyton Manning and the other rich people are going to bail you out if this goes south they've already made clear you're on your own, they just rake in the fees which is an awesome strategy on their part.

Secondary Marketplace. Candy Digital may (but is under no obligation to) operate a Secondary Marketplace, as well as any mobile app or related applications thereto (collectively, the “NFTMarketplace”). The NFT Marketplace, if available, permits you to sell, purchase, bid on, collect, trade, showcase or otherwise transact NFTs; we facilitate transactions between a buyer and seller of an NFT, but we are not a party to any agreement between buyer and seller of an NFT on the NFT Marketplace. We
collect revenue on the NFT Marketplace, if available, via transaction fees and other applicable fees which we display when you interact with the NFT Marketplace. We reserve the right to be the final decision maker on any disputes arising from purchases via the NFT Marketplace, including in connection with any auctions or other purchase methods.

For Sellers: By minting, providing, or selling an NFT through the NFT Marketplace (if available), you hereby represent and warrant that you own all legal right, title and interest in all intellectual property rights to the NFT, or you are legally authorized by the intellectual property owner to mint, provide or sell the NFT on the NFT Marketplace. If you sell an NFT through the NFT Marketplace (if available), you grant to the buyer of the NFT a worldwide, non-exclusive, non-transferable, royalty-free license to access, use, and display such Purchased NFT, solely for the buyer’s own personal use; or, if available, as part of a Secondary Sale.
WE HAVE NO OBLIGATION OR LIABILITY TO YOU FOR KEEPING, STORING, OR HELPING YOU RECOVER ANY NFT. THE SALE OF FRAUDULENTLY OBTAINED NFTS, NFTS TAKEN WITHOUT AUTHORIZATION, AND OTHER ILLEGALLY OBTAINED NFTS ON THE PROPERTIES IS PROHIBITED. Listing illegally obtained NFTs may result in your listings being
cancelled, your assets being hidden, or your account being suspended or terminated.

For Buyers: When you purchase an NFT, you understand that you do not own any intellectual property rights in such NFT except for the license grants expressly set forth herein. If you sell or transfer the NFT to another person, the NFT license granted herein will transfer to such other owner or holder of the NFT, and you will no longer have the benefits of such NFT license. Unless otherwise specified by the seller of an NFT and the owner of any intellectual property contained in such NFT in writing, your purchase of an NFT does not give you the right to publicly display, perform, distribute, sell or otherwise reproduce or use the NFT for any commercial purpose.
You bear full responsibility for verifying the authenticity, legitimacy, and identity of any NFT you purchase on the NFT Marketplace (if available). WE MAKE NO GUARANTEES OR PROMISES ABOUT THE IDENTITY, LEGITIMACY, OR AUTHENTICITY OF ANY NFT ON THE NFT MARKETPLACE. If you resell an NFT, you agree that you will not have any claims against Candy Digital for any breach of these Terms of Use by a purchaser, including if they make commercial use of the Purchased NFT in breach of these Terms of Use.

[JRX]

Maybe this is all boilerplate for these types of things, but holy cow Candy literally does nothing other than take fees from everyone.

You will be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and
assessments (except taxes on our net income) now or hereafter claimed or imposed by any governmental
authority associated with your use of the Properties or Services. Except for income taxes levied on us,
you: (a) will pay or reimburse us for all national, federal, state, local or other taxes and assessments of any
jurisdiction, including value added taxes and taxes as required by international tax treaties, customs or
other import or export taxes, and amounts levied in lieu thereof based on charges set or payments made
hereunder, as are now or hereafter may be imposed under the authority of any national, state, local or any
other taxing jurisdiction; and (b) will not be entitled to deduct the amount of any such taxes, duties or
assessments from payments made to us pursuant to these Terms of Use. For the avoidance of doubt, you
understand that such taxes may be levied or otherwise imposed after the date of your purchase, in which
case Candy Digital reserves the right to require that you pay or reimburse us for any such taxes at such
later date as they may arise.

[monkeymcgee]

The way I look at it is you can't blast other marketplaces/digital offerings for being super shady and seat-of-their pants and blast Fanatics for being overly legally in the their terms.

If you actually use the service, I think the terms make more sense. You cannot create your own NFTs. It's a walled garden right now. Eventually you may be able to transfer these to other marketplaces, which is where that language comes into context. These NFTs currently live on the Palm sidechain and could transfer.

Candy produces the NFTs and currently provides a marketplace. They may choose not to have the marketplace some day. You would be able (in theory) to transfer the NFTs to Opensea or other marketplaces.

At the end of the day, I don't think you're going to find a sports-based NFT product with the long-term licensing setup and solid financial situation that Candy has. I get if you think this stuff as a whole is stupid or a scam or whatever, but you're not going to get a more legit option than this IMO.

[JRX]

That's probably true, but I bet most people haven't read the full terms of service and have the impression its even more secure and above board because it has the backing of mlb etc. Its all rather deceptive in my opinion.

[zworykin]

Maybe this is all boilerplate for these types of things, but holy cow Candy literally does nothing other than take fees from everyone.

You will be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and
assessments (except taxes on our net income) now or hereafter claimed or imposed by any governmental
authority associated with your use of the Properties or Services. Except for income taxes levied on us,
you: (a) will pay or reimburse us for all national, federal, state, local or other taxes and assessments of any
jurisdiction, including value added taxes and taxes as required by international tax treaties, customs or
other import or export taxes, and amounts levied in lieu thereof based on charges set or payments made
hereunder, as are now or hereafter may be imposed under the authority of any national, state, local or any
other taxing jurisdiction; and (b) will not be entitled to deduct the amount of any such taxes, duties or
assessments from payments made to us pursuant to these Terms of Use. For the avoidance of doubt, you
understand that such taxes may be levied or otherwise imposed after the date of your purchase, in which
case Candy Digital reserves the right to require that you pay or reimburse us for any such taxes at such
later date as they may arise.

This in particular isn't all that unusual in ToS or commercial contracts generally - tax laws (especially when you start getting into international operations) are so complex and shifting, companies don't want to get screwed by failing to withhold (sufficient) taxes at the time of transaction because they didn't realize they needed to, etc.

[ohio_mba]

How long does it take these guys to review a withdrawal? I requested a withdrawal on the 5th and I've still not heard anything. Reminding me of Top Shot's early days.

[monkeymcgee]

How long does it take these guys to review a withdrawal? I requested a withdrawal on the 5th and I've still not heard anything. Reminding me of Top Shot's early days.

They said up to 30 days, but it's looking more like it will take the full 30.

I have a large wire transfer pending and I share your frustration, but they claim this should get down to 5-7 days in the coming months. Should have other faster withdrawal options as well.

[badkarma318]

MLB sponsored a writing contest last October, with the winning entries being displayed at the World Series, and promoted on social media. I won, and MLB sent me the actual card with my writing on it that had been on display at the World Series. They had it encased in optically clear acrylic, also included a jar of authentic WS dirt, and added the MLB hologram/number to each item.

I know, cool starry brah, but get to the point! There was a card included as well that had a QR code on it, and when I scanned it, it took me to some type of private MLB page that I had never seen before (it was all very 007). I had to enter my email address and some secret code that they had provided, and that was it . . . no further information, guess I just wait.

A few weeks later (I had forgotten all about the whole situation), I get an email from Candy.com/MLB stating that they were giving me a free NFT.

Long story long, I now have it in "My Collection" - what in the wide, wide world of sports do I do with it now?

[Asian62150]

MLB sponsored a writing contest last October, with the winning entries being displayed at the World Series, and promoted on social media. I won, and MLB sent me the actual card with my writing on it that had been on display at the World Series. They had it encased in optically clear acrylic, also included a jar of authentic WS dirt, and added the MLB hologram/number to each item.

I know, cool starry brah, but get to the point! There was a card included as well that had a QR code on it, and when I scanned it, it took me to some type of private MLB page that I had never seen before (it was all very 007). I had to enter my email address and some secret code that they had provided, and that was it . . . no further information, guess I just wait.

A few weeks later (I had forgotten all about the whole situation), I get an email from Candy.com/MLB stating that they were giving me a free NFT.

Long story long, I now have it in "My Collection" - what in the wide, wide world of sports do I do with it now?

This IS a cool story. Congrats on winning!

What does your NFT look like? Is it a specially made NFT of the card they made with your writing on it? You should be able to share it, yeah?

[badkarma318]

This IS a cool story. Congrats on winning!

What does your NFT look like? Is it a specially made NFT of the card they made with your writing on it? You should be able to share it, yeah?

Thank you.

I've only looked at it once, briefly - as I recall it was an image of the World Series trophy slowly rotating, while dramatic music plays (not Eye of the Tiger or Gladiator, sadly).

[mansfield23]

I’m curious with what will happen with Candy and Topps NFTs now. Fanatics owning topps, curious if they will integrate or just shut one of them down

This is the question I've been trying to find the answer to for weeks! Anyone know anything yet?

[redauto5]

Attention BO People:

For anyone that cares, Candy is set to release their first set of packs for their 2022 Leadoff Icon NFT Series on 4/12. $50 a pack, 5 NFTs including 2 guaranteed Uncommons or better.

Lots of packs - 485,000 or some such set to drop over 8 drops, 4 lineups. 720 TOTAL players - this is a massive set. Wander and Trout are in this drop on 4/12.

I'm most excited about the dynamic stats on the back of each NFT, updated daily. Gamification is somewhere on the horizon. Imagine playing Fantasy Baseball, season long or daily with your NFTs as passes to participate.

The current 2021 All Star and Uncut Diamond market is soft due to set completion reward snapshot date just having past and people prepping their accounts for these pack drops - ie selling low mint assets and not buying these assets in anticipation of the new set. I'm very bullish on these Genesis Sets long term.

Fyi the Uncut Duamond set includes Julio, Witt, Tork, Adley, Jasson and lots of other juicy prospects in very low mints.

Back to your regularly scheduled cardboard (which I still love!)



Sent from my SM-G991U using Tapatalk

[gamboooler]

Upcoming packs are probably only slightly +EV but that isn't all that bad. Design is good and they care more about scarcity than Dapper. Given I like baseball more than NBA/NFL, this is where I live now.

[Archimedes]

$50 for 5 NFTs out of 720 player checklist doesn't sound compelling to me at all. What am I missing?

[RobTheGood]

$50 for 5 NFTs out of 720 player checklist doesn't sound compelling to me at all. What am I missing?

I believe they’re rolling it out over multiple drops.

Edit: looks like 180 different players for 1st drop

[Asian62150]

Bobby Witt POTD seems like a good deal for $15. Could be worth something down the line but if not, still cool to be able to have his 1st MLB hit as an NFT.

[boxbuster7]

when are the early users getting their packs vs. regular users?

[Archimedes]

I believe they’re rolling it out over multiple drops.

Edit: looks like 180 different players for 1st drop

Ah, thank you.

[jduds]

Attention BO People:

For anyone that cares, Candy is set to release their first set of packs for their 2022 Leadoff Icon NFT Series on 4/12. $50 a pack, 5 NFTs including 2 guaranteed Uncommons or better.

Lots of packs - 485,000 or some such set to drop over 8 drops, 4 lineups. 720 TOTAL players - this is a massive set. Wander and Trout are in this drop on 4/12.

I'm most excited about the dynamic stats on the back of each NFT, updated daily. Gamification is somewhere on the horizon. Imagine playing Fantasy Baseball, season long or daily with your NFTs as passes to participate.

The current 2021 All Star and Uncut Diamond market is soft due to set completion reward snapshot date just having past and people prepping their accounts for these pack drops - ie selling low mint assets and not buying these assets in anticipation of the new set. I'm very bullish on these Genesis Sets long term.

Fyi the Uncut Duamond set includes Julio, Witt, Tork, Adley, Jasson and lots of other juicy prospects in very low mints.

Back to your regularly scheduled cardboard (which I still love!)



Sent from my SM-G991U using Tapatalk
The gamification of NFTs is one I'm watching a bit. Video game companies thought/think they are the wave of the future but gamers have been fairly vocally opposed to them. I think to be a big deal in games or fantasy sports someone is going to have to figure out some function that makes them add value to the experience. As it is now it's just an added expense with little appeal outside of collecting (worked for Amiibo but some functionality there).

[boxbuster7]

so I just learned that the plays of the day serial numbers aren't assigned randomly, but rather first come first serve.

What a dumb system...Glad I only have bought two so far

[Picklepete]

Packs sold out by 2 pm..

So @ $50 a pack / 5 cards why do some people list cards, even if it's a common, at $1 or $2.. makes no sense.

[Asian62150]

Packs sold out by 2 pm..

So @ $50 a pack / 5 cards why do some people list cards, even if it's a common, at $1 or $2.. makes no sense.

Some ppl are in it for the quick flip, or want to try their chance at landing a huge card and just want to cash out as quickly as possible if they don't get it.

I guess getting cashing out and having that 10% back in their pockets is more valuable to them than hodling a little?

[Triple B]

Packs sold out by 2 pm..

So @ $50 a pack / 5 cards why do some people list cards, even if it's a common, at $1 or $2.. makes no sense.

Same as card collecting, no?

[boxbuster7]

These packs are horrendous. I just opened 5 of them. Warning to anybody thinking of opening them up.

[GLCBrad]

These packs are horrendous. I just opened 5 of them. Warning to anybody thinking of opening them up.

I pulled a Rare Wander Franco /500 out of my two packs

Was not mad. Also like the look of the moments a lot

[boxbuster7]

I pulled a Rare Wander Franco /500 out of my two packs

Was not mad. Also like the look of the moments a lot

you beat the odds majorly. My rares were all relief pitchers.

[mansfield23]

I got 3 core Wanders out of 5 packs

[jduds]

Did anyone else notice the whopping $25 withdrawal fee to transfer money to your bank? Blech.

[GLCBrad]

Did anyone else notice the whopping $25 withdrawal fee to transfer money to your bank? Blech.

Was the same in Dapper beginning - but down to much less now

[mansfield23]

anybody buying packs?

[tcdyess]

$50 for these packs are a complete money grab... there is nothing on this checklist worth a sheet.... Candy has jumped the shark to TS land....

[boxbuster7]

$50 for these packs are a complete money grab... there is nothing on this checklist worth a sheet.... Candy has jumped the shark to TS land....

yup, kind of sad as their OG releases had so much promise

[WhacksPacks]

Anybody else get the email from Candy w/ gary taking a sh**?
I’m convinced I’m in a simulation at this point. Nothing else is logical to me

[DJSnyd]

Anybody else get the email from Candy w/ gary taking a sh**?
I’m convinced I’m in a simulation at this point. Nothing else is logical to me

Yup! I went back to double check my emails to make sure what I saw was real and from Candy, only to not be able to find it again.

[GMSportsCards]

Anybody else get the email from Candy w/ gary taking a sh**?
I’m convinced I’m in a simulation at this point. Nothing else is logical to me


Candy sent an email tonight.
“We wanted to reach out to you about an email some of you received on Friday that was inappropriate and not reflective of Candy Digital’s values or culture. We are investigating the facts-and-circumstances surrounding that email, which was sent from a third-party vendor’s account.”


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[OscarOne]

Well gosh...someone tell us about this email.

[GMSportsCards]

Well gosh...someone tell us about this email.

This really is the email.

https://static.wixstatic.com/media/2950aa_7820d546f4364f0b883c904582047ba6~mv2.jpg

[discodanman45]

Well I got 8 Lineup 2 packs because I bought 8 Lineup 1 packs. I then bought 10 more packs with my credit for $15 each. Sports NFT's are complete trash right now. That hacked email shows what state NFT's are in right now. I am just holding onto packs and not opening. That is the only thing that increases in value in the NFT world.

[boxbuster7]

I gotta give candy props for adjusting so quickly. The airdrop was nice, but the real thing that shows me they are willing to listen is the price cut to $25.

Neither Topshot, Topps NFTS, or Panini was able to pivot so quickly. Of course they still have a lot to prove, but nice seeing a company listen to it's customers feedback and actually make changes.

[discodanman45]

I gotta give candy props for adjusting so quickly. The airdrop was nice, but the real thing that shows me they are willing to listen is the price cut to $25.

Neither Topshot, Topps NFTS, or Panini was able to pivot so quickly. Of course they still have a lot to prove, but nice seeing a company listen to it's customers feedback and actually make changes.

What other choice did they have? This was not listening to feedback, this was a strictly a demand/supply issue. The two choices they had were for packs to sit or to price cut.

The issue right now is that there is so much product out there for sports NFT's and the ability to make instant money right now is playing the lotto. You either hit a rare Trout/Ohtani NFT or bust.

Out of all of the sports NFT's right now, the only two that even have a chance is Candy and TS. Topps and Panini are completely clueless when it comes to marketing and knowing how to adjust. I think Candy will do well when they apply utility to these NFT's. However, I am not applauding them for cutting costs and continually flooding the market with NFT's. By them air-mailing packs and cutting the cost, the price of all NFT's will drop. Collectors should be happy though.

[oddstuff]

https://sports.yahoo.com/candy-digital-cuts-over-third-195133007.html

[glassofwater]

https://sports.yahoo.com/candy-digital-cuts-over-third-195133007.html

Do you think fanatics would drop candy? Fanatics does not own Candy 100%, on the other hand they own ToppsNfts 100%.

After hearing this news story. A few days ago instagram, twitter? i cant find the post anymore. Topps linked to a video of Rubin talking about the future of ToppsNfts not Candy which i thought was
weird.

[KhalDrogo]

Candy Digital launched in June 2021, back when sports NFTs were still white hot. Fanatics is the majority shareholder, with Novogratz’s Galaxy Digital and Vaynerchuk as equity partners. A few months after the launch, the firm raised $100 million at a $1.5 billion valuation. That round included investment from SoftBank, Insight Partners, Will Ventures, Peyton Manning and a number of other current/retired athletes, whose names weren’t released.
:cry:

[Giroux]

:cry:https://uploads.tapatalk-cdn.com/20221129/4b52275a442b77163a7f3cf6fc2fdedd.jpg

[pewe]

Top Shot revenue has declined 99.3% between Feb ‘21 and Oct ‘22

https://www.sportico.com/business/tech/2022/nba-top-shot-history-sports-nft-projects-future-1234692111/


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[LittleJimmies]

This is some of the more shocking news I've heard in the last 10 minutes.

[MattKC]

Waiting for the "we never saw this coming" lines.

[eldustino]

This is some of the more shocking news I've heard in the last 10 minutes.

Shocked it took this long?

[cruiserdaddy7]

Shocked it took this long?

Yes, exactly. These things never made sense to this 40 year old.

[badkarma318]

Hmmm, yet another scam failing that involves that oxygen thief Gary Veeeeee. Wonder how much he lost in FTX, along with his buddy Geoff Wilson. Love to see it. NFTs/crapto to the moon!

[JoshMN]

Waiting for the "we never saw this coming" lines.

Don't hold your breath. The NFT pumpers aren't going to just jump back onto the forum to admit they were morons.

[redauto5]

Do you think fanatics would drop candy? Fanatics does not own Candy 100%, on the other hand they own ToppsNfts 100%.

After hearing this news story. A few days ago instagram, twitter? i cant find the post anymore. Topps linked to a video of Rubin talking about the future of ToppsNfts not Candy which i thought was
weird.ToppsNFTs was a terrible market when I stopped paying attention, then they had months where their payment system was all messed up. I don't know if it's turned a corner or not, but doubt it. Looks like the GPK drop went well.

Fanatics is the majority owner in Candy, but doesn't own the whole thing. As long as the world doesn't end I don't see investors not seeing the long term potential of the licenses and the product they've built over there - it's by far the most pleasing to the eye sports NFT around.

It's tough times for everything crypto at the moment but I still believe blockchain is the future, and with super low mint counts at cheap valuations right now I see a real buy low opportunity for people with vision.

As Topps and Panini keep printing cards to the moon in the face of declining market metrics, I'm super glad to still have this digital alternative.

Still love me some Candy.

Sent from my SM-G991U using Tapatalk

[redauto5]

Don't hold your breath. The NFT pumpers aren't going to just jump back onto the forum to admit they were morons.I'm not a moron, I'm a cardboard collector as well as an NFT collector. And I'm still in the black on my Candy collection after all the negative price movement on the market as a whole. Gotta pick your spots. Way more fun than the rip and flip game or the grading game in the cardboard space currently!

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[Handsome Wes]

Waiting for the "we never saw this coming" lines.

Lol, what part of modern discourse has led you to believe that people, when confronted with the notion that their previously held beliefs were incorrect, make the reasonable decision to change their beliefs and not double-down on them?

[redauto5]

I don't see anything in the trajectory of our civilization becoming increasingly digitized indicating digital collectibles won't be a part of that ongoing megatrend. Sure, we are super early here and so volatility is to be expected. Is Candy pets.com or Amazon? No way to tell, but I'm awaiting a good argument positing all the little pieces of cardboard printed now in the millions will be more collectible in 10, 20, 30 years especially if they are encased in plastic.

Anyone?

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[JRX]

I don't see anything in the trajectory of our civilization becoming increasingly digitized indicating digital collectibles won't be a part of that ongoing megatrend. Sure, we are super early here and so volatility is to be expected. Is Candy pets.com or Amazon? No way to tell, but I'm awaiting a good argument positing all the little pieces of cardboard printed now in the millions will be more collectible in 10, 20, 30 years especially if they are encased in plastic.

Anyone?

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What exactly is a digital collectible? You don't actually own it, all you're trading are codes to let you look at a picture or video on the internet.

[JoshMN]

Yeah, a picture or video that you may not even be allowed to display in a public manner due to the IP terms attached to the underlying content related to the NFT. You own the token on the blockchain, but probably do not own the actual content that the token references. Unlike a physical card, which is subject to the first sale doctrine that exhausts (most) IP terms associated with it.

Plus, bit-rot, walled-gardens, etc. that may lead to loss of the content referenced by the NFT over time.

I agree that "digital collectible" options are not going away, but the current iterations are not likely to have any permanence or long-term value.

[pewe]

I don't see anything in the trajectory of our civilization becoming increasingly digitized indicating digital collectibles won't be a part of that ongoing megatrend. Sure, we are super early here and so volatility is to be expected. Is Candy pets.com or Amazon? No way to tell, but I'm awaiting a good argument positing all the little pieces of cardboard printed now in the millions will be more collectible in 10, 20, 30 years especially if they are encased in plastic.

Anyone?

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Something is likely to succeed... Bored Ape Yacht Club is still worth big $$, even if prices are down 90%.

But the irony is digital may also enhance the value of the physical. Especially as people spend more time in the digital world, they then look for connections to the physical.

The future may not be one or the other. But rather both. And it perhaps isn't clear which one will be a more popular option.

[JoshMN]

Something is likely to succeed... Bored Ape Yacht club is still worth big $$, even if prices are down 90%.

BAYC is viewed as having some of the best IP licensing terms in the NFT universe. Probably contributes significantly to the current value, but BAYC also had a somewhat unique hype-machine.

Not all good though:
https://decrypt.co/107827/bored-apes-moonbirds-misled-buyers-nft-ip-rights-galaxy-digita

[JoshMN]

Also worth noting that the stuff people are doing with BAYC does not look much like anything in the baseball card collecting world.

[KhalDrogo]

BAYC is more of a membership than a collectible.

NFTs with utilities are often just subscriptions. But for a time, you threw the term “NFT” on it, and somehow it became more valuable and interesting.

[JoshMN]

BAYC is more of a membership than a collectible.

NFTs with utilities are often just subscriptions. But for a time, you threw the term “NFT” on it, and somehow it became more valuable and interesting.

Right. People have options to monetize BAYC without selling the NFT.

[pewe]

Also worth noting that the stuff people are doing with BAYC does not look much like anything in the baseball card collecting world.


What if we had what they are offering in the sports cards world??? It is an interesting question


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[boxbuster7]

What if we had what they are offering in the sports cards world??? It is an interesting question


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We do. It is called the Philmington subscription box.

[oddstuff]

Fanatics is bailing out...divesting its 60% stake.

https://www.cnbc.com/2023/01/04/fanatics-is-divesting-its-60percent-stake-in-nft-company-candy-digital.html?

[JoshMN]

From Rubin's email:

Business Model – NFTs will most likely emerge as an integrated product/feature and not as a standalone business: Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business. Aside from physical collectibles (trading cards) driving 99% of the business, we believe digital products will have more value and utility when connected to physical collectibles to create the best experience for collectors.

[glassofwater]

From Rubin's email:

Business Model – NFTs will most likely emerge as an integrated product/feature and not as a standalone business: Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business. Aside from physical collectibles (trading cards) driving 99% of the business, we believe digital products will have more value and utility when connected to physical collectibles to create the best experience for collectors.

This was coming Rubin and fanatics will focus on toppsnfts which they own 100%. Both discords are going crazy lol

[JRX]

From Rubin's email:

Business Model – NFTs will most likely emerge as an integrated product/feature and not as a standalone business: Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business. Aside from physical collectibles (trading cards) driving 99% of the business, we believe digital products will have more value and utility when connected to physical collectibles to create the best experience for collectors.

TLDR, its a scam and they'll stick to focusing on their own scams lol

[JoshMN]

TLDR, its a scam and they'll stick to focusing on their own scams lol

But they are also going to use it to add MOAR scams to their current scams. Haha.