NBA Top Shot - High Risk, High Reward?

[BreaultCards]

Dipping my toes in the water. Bought two of the christian wood series 2 based off certain factors I could see being valuable. I am completely new so working on it.

[brothertona]

New Cool Cats minted

https://twitter.com/TheFirstMint/sta...535067653?s=20

[rysportguy]

Originally Posted by brothertona

New Cool Cats minted

https://twitter.com/TheFirstMint/sta...535067653?s=20

Curious to see what they are out of. I am thinking 15k or 20k. 20k would probably be solid because that would mean 100k cool cats packs.

[val47]

Originally Posted by brothertona

I've got a saved Google search for it. That is the one that's going to go nuclear


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We are not mentally ready for the official Pokémon NFT it will break reality as we know it

Also comic covers or DC/Marvel characters can be massive

[brothertona]

Completely agree, if one ever appears I'm putting stupid money in it, making sure I get in during beta and holding on for dear life.

[rysportguy]

The problem with future NFT's is that once the concept is validated, they will start off at very high values. The benefit of something like Top Shot is that we are still in a world where NFT's are highly questioned and barely understood.

[Jamesebee]

Nothing revelatory or controversial in what I'm adding-just a perspective on beta origins and interpreting the clear success of marketplace sales with the same fervor as a fully-opened basketball season.

In December, Reuters reported that there would likely be losses in the billions due to cancelled in-person events. So alternative revenue streams are absolutely a given, and the collectibles market is a tangible place to explore.

At first glance, the potential for primary revenue is immense, and the marketplace (NFT and/or crypto volatility aside) is a courtesy that people have (and will) find ways around. Whatever the number of "sales" ends up being, this is one of many revenue streams. The smart play here seems to be TS's inclusion of current roster players, regardless of their current Prizm rookie autograph value. But it is one of many, many possible plays.

What could send this meteoric will be determined in part by the attitudinal changes that are likely to sustain once games can be readily/regularly attended, and if there are similar incentives extended to supporters or non-adopters as things globalize. It is pure speculation at this point, however, as most major sports in the United States have not returned to a state of normalcy for a while.

It has been mentioned before that NFT's are expandable to a variety of different platforms, and it's premature to envision how the marketplace could look different a year from now. It's also clear there are a lot of people spending a lot of time talking about TopShot, speculating about where things possibly end up. It would be nice if the NBA had a clear path of getting their money back, but a little speculation could be a good thing.

[Archangel1775]

Originally Posted by JohnnyHatesJazz

I did buy a ja morant moment for the hell of it but by no means am i breaking the bank for this.....at this point in time.

That didn't take long, you talked yourself into it, literally. Many of your posts actually supported why someone would get into NBA Top Shot. Good luck.

[CKB]

Good read: https://techcrunch.com/2021/02/26/wh...aking-off-now/

[Vinny1984]

Apparently 20,000 people signed up last night after they enabled new accounts.

Source: random dude in discord

Take it for what it’s worth. Might not be true but doesn’t sound unrealistic.

[hoopstaj]

Loving more people signing up, just gonna be hard to get some moments I like! Still on the fence or should I sell some to have a balance


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[brothertona]

Originally Posted by rysportguy

Curious to see what they are out of. I am thinking 15k or 20k. 20k would probably be solid because that would mean 100k cool cats packs.

15000


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[mjohnatgt]

The Zion Williamson moment on Heritage is currently at $82,000 plus Buyers Premium with 2+ hours remaining.

[Archangel1775]

Had a home poker game last night and NBA Top Shot was discussed. NBA fans brought it up as they see it being talked about on the large sites/talk shows. Some couldn't wrap their head around it and used the YouTube argument. I showed them all the LaMelo Rookie Moment. Then I showed them the lowest value. They couldn't believe it. The "that's just a list price" argument got brought up. I then showed them the last 10 sales that day.

[Amb012]

Anyone trading on here? I have 4 of the S2 Giannas assist /7500, looking to diversify and get some other stars. Let me know

[JohnnyHatesJazz]

ok so i read the luckymaverick article which was a good read but then i came across this in the comments section:

"I work in advanced AI research.

I would be careful if I were you, our team been able to duplicate any NFT we've attempted.

They're not duplicated in the common sense, i.e. Copied.

It is not necessary to copy, when you can clone.

That is, take the original NFT and duplicate it on every level down to the code complexity.

The authentication procedures we have tested it on, do not know the difference.

So once where there were was one - we now have ten, claiming to be the original...

This technology was hastily adopted by many industries, without the in-depth investigation it deserved.

Our research will be published through MIT in the next year

Regards"

Now, i'm not a computer programmer so I can't really dispute, refute or confirm any of this but it's food for thought.

[rysportguy]

Originally Posted by JohnnyHatesJazz

ok so i read the luckymaverick article which was a good read but then i came across this in the comments section:

"I work in advanced AI research.

I would be careful if I were you, our team been able to duplicate any NFT we've attempted.

They're not duplicated in the common sense, i.e. Copied.

It is not necessary to copy, when you can clone.

That is, take the original NFT and duplicate it on every level down to the code complexity.

The authentication procedures we have tested it on, do not know the difference.

So once where there were was one - we now have ten, claiming to be the original...

This technology was hastily adopted by many industries, without the in-depth investigation it deserved.

Our research will be published through MIT in the next year

Regards"

Now, i'm not a computer programmer so I can't really dispute, refute or confirm any of this but it's food for thought.

The thing is as long as they aren't on the blockchain it doesn't really matter. I find it highly unlikely that they can get onto the blockchain. In fact if they were able to do so then all crypto currency would become worthless because there would be no integrity in a blockchain that the currency is stored on.

[Eckstein197]

How did people get KAT cool cats right now?

[rysportguy]

Originally Posted by Eckstein197

How did people get KAT cool cats right now?

There was a special promo from people who owned crypto kitties (another nft they own) prior to January 21st. If you owned one and filled out the form for it you would get one. Each pack contains 3 of them because they want to encourage people to sell them since they are needed for the master challenge.

[JohnnyHatesJazz]

Originally Posted by rysportguy

The thing is as long as they aren't on the blockchain it doesn't really matter. I find it highly unlikely that they can get onto the blockchain. In fact if they were able to do so then all crypto currency would become worthless because there would be no integrity in a blockchain that the currency is stored on.

Makes sense. Still, I think I might wait until this supposed MIT research paper comes out before I buy anything other than a $99 or less pack.

[Archangel1775]

Originally Posted by JohnnyHatesJazz

ok so i read the luckymaverick article which was a good read but then i came across this in the comments section:

"I work in advanced AI research.

I would be careful if I were you, our team been able to duplicate any NFT we've attempted.

They would need access to the Dapper Labs blockchain they are using to duplicate it and since it's recorded, you'd be able to see the date/time the copy was created......that's the advantage of blockchain tech, transparency.

To me that's no different than saying they are an advanced printing company and have been able to duplicate every cardboard key rookie card down to the pixel.

[Archangel1775]

Originally Posted by JohnnyHatesJazz

Makes sense. Still, I think I might wait until this supposed MIT research paper comes out before I buy anything other than a $99 or less pack.

This would clearly be important if the research is legit though. What I wouldn't do is take any Moment out of the Dapper Labs controlled site at this time, if it's a legit study. Then again, you should be able to see that the Moment came from the site if I'm not mistaken.

[JohnnyHatesJazz]

Originally Posted by Archangel1775

They would need access to the Dapper Labs blockchain they are using to duplicate it and since it's recorded, you'd be able to see the date/time the copy was created......that's the advantage of blockchain tech, transparency.

To me that's no different than saying they are an advanced printing company and have been able to duplicate every cardboard key rookie card down to the pixel.

Interesting. It's like a virtual fort knox I suppose. Maybe the guy is blowing smoke, who knows.

[yiguiri2002]

Originally Posted by Archangel1775

They would need access to the Dapper Labs blockchain they are using to duplicate it and since it's recorded, you'd be able to see the date/time the copy was created......that's the advantage of blockchain tech, transparency.

To me that's no different than saying they are an advanced printing company and have been able to duplicate every cardboard key rookie card down to the pixel.

If I'm able to replicate the card, I can be sued by the NBA for using their image without consent, right? The problem there is not that I don't have the real thing, but the organism licensing it hasn't given me permission.

If someone replicate an NFT, are they doing the same thing? I understand the transaction wouldn't be in the blockchain but would that violate the copyrights the NBA has over the moment?

[D4B182]

Does anyone still have an unopened pack and looking to sell it?