Fanatics trading card NFTs on the way

xbignick · 12-08-2021, 10:00 AM

letsgocapitals · 12-08-2021, 10:02 AM

Public Service Announcement - NFTs stink.

marterburn · 12-08-2021, 10:07 AM

NFT's aren't what cards are. They overlap what card collectors want and they appeal to a significant minority of those collectors, but most of us will never have them as the focus of our collection.

This is just a small part of what Fanatics is going to be doing, and doesn't directly relate to their acquisition of the exclusive licenses.

Sent from my SM-G960U using Tapatalk

MiamiMarlinsFan · 12-08-2021, 10:15 AM

I’ll just keep on doing what I’ve been doing: completely ignoring NFTs.

letsgocapitals · 12-08-2021, 10:26 AM

I recall Rovell tweeting out how much the average price of a NBA Top Shot NFT has declined over the past year. Couple that with a Gary Vee tweet about not investing more, in NFTs, than you can afford, and just read between the lines... no staying power.

ThoseBackPages · 12-08-2021, 10:29 AM

NFTs are not cards.

mcwildcats · 12-08-2021, 10:29 AM

Quote:

Originally Posted by letsgocapitals

I recall Rovell tweeting out how much the average price of a NBA Top Shot NFT has declined over the past year. Couple that with a Gary Vee tweet about not investing more, in NFTs, than you can afford, and just read between the lines... no staying power.

Yeah I have zero interest in NFTs. I only want something I can physically touch. #WaxWins

Randallk34 · 12-08-2021, 10:30 AM

Anyone wanna see a picture of the picture I have of my NFT?

mcwildcats · 12-08-2021, 10:33 AM

Quote:

Originally Posted by Randallk34

Anyone wanna see a picture of the picture I have of my NFT?

Yes, would LOVE that. Then I can screenshot it and have my very own NFT???

JRX · 12-08-2021, 10:34 AM

Some people like them, but in the end you're literally just buying a string of code that unlocks a picture you don't own. Its a huge margin business for the seller.

Randallk34 · 12-08-2021, 10:36 AM

Quote:

Originally Posted by mcwildcats

Yes, would LOVE that. Then I can screenshot it and have my very own NFT???

You can't do that, my picture is one of a kind, I paid money for it

mcwildcats · 12-08-2021, 10:37 AM

Quote:

Originally Posted by Randallk34

You can't do that, my picture is one of a kind, I paid money for it

LOL my bad

MoreToppsPlease · 12-08-2021, 11:46 AM

Quote:

Originally Posted by marterburn

NFT's aren't what cards are. They overlap what card collectors want and they appeal to a significant minority of those collectors, but most of us will never have them as the focus of our collection.

This is very true — for collectors.

But from a flipping perspective cards are indeed NFTs because flippers are not interested in collecting them/cards don’t have value as a collectible by definition.

80s Kid · 12-08-2021, 11:57 AM

Just looks like Fanatics doing a bunch of TMs on what the current card companies already do. Would be more of a surprise if they didn’t expand their TM into NFTs.

Why wouldn’t Fanatics have NFT for cards when there has already been shown to be a market?

bustsomewax · 12-08-2021, 12:00 PM

Could careless about NFTs. Do worry about Fanatics devoting more capital/resources into their NFT line instead of physical cards though.

SearchPatrol · 12-08-2021, 12:21 PM

Will only work if tied to physical product. If Fanatics would give out autographed material for "hits" it could work.

mcwildcats · 12-08-2021, 12:24 PM

Quote:

Originally Posted by SearchPatrol

Will only work if tied to physical product. If Fanatics would give out autographed material for "hits" it could work.

Yes, that makes sense to me and I could see that working. Could do the virtual packs and have a chance to randomly hit something tied to actual autographed materials you could receive. Or even if it's just a limited print run card that you could physically receive, that could have some appeal.

12-08-2021, 10:00 AM	#1
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,310 xxbignick	Fanatics trading card NFTs on the way __________________ @xxbignick on twitter

12-08-2021, 10:02 AM	#2
letsgocapitals Member Join Date: Oct 2010 Location: Southern Maryland Posts: 3,497 letsgocapitals	Public Service Announcement - NFTs stink. __________________ Blowout's Resident Research Psychologist

12-08-2021, 10:26 AM	#5
letsgocapitals Member Join Date: Oct 2010 Location: Southern Maryland Posts: 3,497 letsgocapitals	I recall Rovell tweeting out how much the average price of a NBA Top Shot NFT has declined over the past year. Couple that with a Gary Vee tweet about not investing more, in NFTs, than you can afford, and just read between the lines... no staying power. __________________ Blowout's Resident Research Psychologist

12-08-2021, 10:29 AM	#6
ThoseBackPages Member Join Date: Feb 2010 Location: Long Island Posts: 91,067 ThoseBackPages	NFTs are not cards. __________________ Pumpers Paradise #YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards

12-08-2021, 10:07 AM	#3
marterburn Member Join Date: May 2018 Location: Milwaukee area Posts: 4,719 burnmax12 burnmax12	NFT's aren't what cards are. They overlap what card collectors want and they appeal to a significant minority of those collectors, but most of us will never have them as the focus of our collection. This is just a small part of what Fanatics is going to be doing, and doesn't directly relate to their acquisition of the exclusive licenses. Sent from my SM-G960U using Tapatalk

12-08-2021, 10:15 AM	#4
MiamiMarlinsFan Member Join Date: Jun 2020 Location: Florida Posts: 14,142	I’ll just keep on doing what I’ve been doing: completely ignoring NFTs.

12-08-2021, 10:30 AM	#8
Randallk34 Member Join Date: Feb 2021 Posts: 2,000	Anyone wanna see a picture of the picture I have of my NFT?

12-08-2021, 10:34 AM	#10
JRX Member Join Date: May 2020 Location: Charlotte, NC Posts: 16,131	Some people like them, but in the end you're literally just buying a string of code that unlocks a picture you don't own. Its a huge margin business for the seller.

12-08-2021, 11:57 AM	#14
80s Kid Member Join Date: Sep 2020 Location: The desert Posts: 1,088 azchristopher27	Just looks like Fanatics doing a bunch of TMs on what the current card companies already do. Would be more of a surprise if they didn’t expand their TM into NFTs. Why wouldn’t Fanatics have NFT for cards when there has already been shown to be a market?

12-08-2021, 12:00 PM	#15
bustsomewax Member Join Date: Nov 2009 Location: USA Posts: 6,942	Could careless about NFTs. Do worry about Fanatics devoting more capital/resources into their NFT line instead of physical cards though.

12-08-2021, 12:21 PM	#16
SearchPatrol Member Join Date: Sep 2020 Posts: 1,051 AndrewB	Will only work if tied to physical product. If Fanatics would give out autographed material for "hits" it could work.