Sports Card DAO

maniac_73 · #1 12-29-2021, 07:29 PM

Quote:

Originally Posted by Leon

It may work for some but this is just not the way I see me going. I value real live things. Have you ever tried to flip a Non Fungible Token?

.

I did quite well with nba top shot last year. I knew it was a speculative bubble and sold high before it all crashed

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Leon · #2 12-29-2021, 08:05 PM

Quote:

Originally Posted by maniac_73

I did quite well with nba top shot last year. I knew it was a speculative bubble and sold high before it all crashed

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Flipping a card for any money isn't what I was referring to.
Google ..Flipping cards in the early 20th century..

maniac_73 · #3 12-29-2021, 08:09 PM

Quote:

Originally Posted by Leon

Flipping a card for any money isn't what I was referring to.
Google ..Flipping cards in the early 20th century..

Oh Haha! I�m 41 I flipped as a kid lol

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Peter_Spaeth · #4 12-29-2021, 08:12 PM

Out of my league, but DISCORD server seems an ironic name.

Interesting topic, I guess my principal concern would be I don't think having a lot of money always translates into investing wisdom in the card world; from what I've seen guys with a lot of money often just pay what it takes to win and are not very sophisticated or price savvy about it.

maniac_73 · #5 12-29-2021, 08:21 PM

Quote:

Originally Posted by Peter_Spaeth

Out of my league, but DISCORD server seems an ironic name.

Interesting topic, I guess my principal concern would be I don't think having a lot of money always translates into investing wisdom in the card world; from what I've seen guys with a lot of money often just pay what it takes to win and are not very sophisticated or price savvy about it.

I�m actually enjoying the learning that I�m doing about it and the conversation here is sparking questions and different avenues to continue learning. New tech and ideas are always questioned at first as they should be. I mean if Net54 existed when ebay came out, we would�ve had some people saying it would change the card industry, some people who were interested and wanted to learn more and others who thought it was a scam and disaster that would never catch on lol.

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Peter_Spaeth · #6 12-29-2021, 08:26 PM

Quote:

Originally Posted by maniac_73

I’m actually enjoying the learning that I’m doing about it and the conversation here is sparking questions and different avenues to continue learning. New tech and ideas are always questioned at first as they should be. I mean if Net54 existed when ebay came out, we would’ve had some people saying it would change the card industry, some people who were interested and wanted to learn more and others who thought it was a scam and disaster that would never catch on lol.

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Yes, they mocked Galileo too, and imprisoned him. Resistance to new ideas is human nature. As Schopenhauer said, I think it was him, all truths go through three stages. First, they are ridiculed. Then, they are violently opposed. Finally, they are accepted as self-evident. End of pretentious post.

That said, I find this investment vehicle dubious LOL.

Lorewalker · #7 12-30-2021, 02:22 AM

Quote:

Originally Posted by maniac_73

I�m actually enjoying the learning that I�m doing about it and the conversation here is sparking questions and different avenues to continue learning. New tech and ideas are always questioned at first as they should be. I mean if Net54 existed when ebay came out, we would�ve had some people saying it would change the card industry, some people who were interested and wanted to learn more and others who thought it was a scam and disaster that would never catch on lol.

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Ok...once more with feeling...Which of the fractional owners posses or has access to said purchases? Is that up for a vote too?

Huysmans · #8 12-30-2021, 07:23 AM

This is the kind of shit that in my humble opinion is ruining the hobby.
The more money and "investors" that enter the hobby, the worse off it becomes.
In fact, I can't see anyone successfully arguing that.
Shilling, card doctors, cracked slabs, fake autographs... these detriments to the hobby only INCREASE as prices go up, and NEVER the other way around. lol
Ask yourself this honest question.... If EVERY card tomorrow was valued at $1 dollar, and all the "investors" faded away instantly, how much fraud would there be in the hobby?.... Literally none.

I care about COLLECTING when it comes to cards and memorabilia, and nothing else, and a lot of it is about preserving items and serving as custodian so that future collectors can also enjoy them.

It's not about trying to make money and profit off of what is a "hobby" for me, but to each his own I guess.

Leon · #9 12-30-2021, 07:29 AM

Quote:

Originally Posted by Huysmans

This is the kind of shit that in my humble opinion is ruining the hobby.
The more money and "investors" that enter the hobby, the worse off it becomes.
In fact, I can't see anyone successfully arguing that.
Shilling, card doctors, cracked slabs, fake autographs... these detriments to the hobby only INCREASE as prices go up, and NEVER the other way around. lol
Ask yourself this honest question.... If EVERY card tomorrow was valued at $1 dollar, and all the "investors" faded away instantly, how much fraud would there be in the hobby?.... Literally none.

I care about COLLECTING when it comes to cards and memorabilia, and nothing else, and a lot of it is about preserving items and serving as custodian so that future collectors can also enjoy them.

It's not about trying to make money and profit off of what is a "hobby" for me, but to each his own I guess.

That's the thing, Brent. It is not a hobby to many that are in it now. It is just trying to make a quick buck.
I would collect even more if everything were a buck! And then the foiks who ONLY see dollar signs would leave. I, and many on this forum, would be happy.
.

maniac_73 · #10 12-30-2021, 08:10 AM

Quote:

Originally Posted by Huysmans

This is the kind of shit that in my humble opinion is ruining the hobby.
The more money and "investors" that enter the hobby, the worse off it becomes.
In fact, I can't see anyone successfully arguing that.
Shilling, card doctors, cracked slabs, fake autographs... these detriments to the hobby only INCREASE as prices go up, and NEVER the other way around. lol
Ask yourself this honest question.... If EVERY card tomorrow was valued at $1 dollar, and all the "investors" faded away instantly, how much fraud would there be in the hobby?.... Literally none.

I care about COLLECTING when it comes to cards and memorabilia, and nothing else, and a lot of it is about preserving items and serving as custodian so that future collectors can also enjoy them.

It's not about trying to make money and profit off of what is a "hobby" for me, but to each his own I guess.

I see what ur saying. I look at it like fine art. If you want to collect or invest there is something for you in it.

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Bigdaddy · #11 12-30-2021, 10:35 AM

Quote:

Originally Posted by Huysmans

This is the kind of shit that in my humble opinion is ruining the hobby.
The more money and "investors" that enter the hobby, the worse off it becomes.
In fact, I can't see anyone successfully arguing that.
Shilling, card doctors, cracked slabs, fake autographs... these detriments to the hobby only INCREASE as prices go up, and NEVER the other way around. lol
Ask yourself this honest question.... If EVERY card tomorrow was valued at $1 dollar, and all the "investors" faded away instantly, how much fraud would there be in the hobby?.... Literally none.

I care about COLLECTING when it comes to cards and memorabilia, and nothing else, and a lot of it is about preserving items and serving as custodian so that future collectors can also enjoy them.

It's not about trying to make money and profit off of what is a "hobby" for me, but to each his own I guess.

That's the thing, Brent. If all cards were valued at $1, then we wouldn't have a National Convention, local card shops and shows, Net54, supplies for displaying and preserving our collections, access to other collectors to buy-sell-trade with, and all the other venues we now routinely use to build our collections. Without the money factor, many people are just not interested. It's no coincidence that the rise of many of the things mentioned above paralleled the rising value of sportscards. I'm sure there are plenty of other things to collect - old buttons, matchbook covers, milk bottles, Slurpee cups, cigarette butts, rusty nails, etc., that the 'investors' have not infiltrated. And the other thing with devalued cards, many of them would just be thrown out - there would be no new 'finds' as they would be sent straight to the dump.

Money in the hobby is not all bad.

And I'm a collector, just one that has learned to take the good with the bad as far as money entering the hobby.

maniac_73 · #12 12-30-2021, 08:09 AM

Quote:

Originally Posted by Lorewalker

Ok...once more with feeling...Which of the fractional owners posses or has access to said purchases? Is that up for a vote too?

Yes, there would be put forth proposals by the group on what to do and that would be voted on. The most likely scenario would be to work with one of the vault companies and store it in there but that�s up to the collective to decide

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Republicaninmass · #13 12-30-2021, 03:30 PM

It's great, if the DAO is buying Your cards at the top of the market.

steve B · #14 01-02-2022, 11:09 PM

I do need some block chain for my old bikes. Chainrings and cogs too...

If there's a buyers group being put together to fund a production run I might be in if the price/ft is good.

zoomfest · #15 01-12-2022, 08:28 PM

Lot of dinosaurs on this site. Some fair questions and, but in other cases, conclusions without appropriate knowledge. But whatever. Anyway, I am interested in discussing further.

Bestdj777 · #16 12-29-2021, 08:16 PM

I like the idea but have some concerns about the mechanics.

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