Interesting article The future of baseball card collecting

[michael3322]

Originally Posted by G1911

Blockchain is here to stay. NFT's may or may not be. Most new things do not hang on for long. It is not some inevitability that this is how things will become.

Agreed.

Also, don't we have existing examples of e-cards on Topps that have absolutely not caught on? Not sure why this would be any different. An NFT, like an e-baseball card, is not tangible and therefore doesn't seem any different from looking at images of the baseball player on screen anyway...There are lots of signals of NFTs starting to decline quite rapidly, but then again a lot of companies have invested in it, so they are buying positive PR. Expect more puff pieces about NFTs to continue hitting newspapers.

[G1911]

Originally Posted by michael3322

Agreed.

Also, don't we have existing examples of e-cards on Topps that have absolutely not caught on? Not sure why this would be any different. An NFT, like an e-baseball card, is not tangible and therefore doesn't seem any different from looking at images of the baseball player on screen anyway...There are lots of signals of NFTs starting to decline quite rapidly, but then again a lot of companies have invested in it, so they are buying positive PR. Expect more puff pieces about NFTs to continue hitting newspapers.

As I recall it was “eTopps”, and it faded away into oblivion. The basic idea has come back again in mobile app form for each of Topps licensed IP’s, as a F2P or P2W depending how you see it. The app will eventually and inevitably shut down and everyone won’t have their “cards”.

I’m a youngin’ and a techie who loves blockchain, but NFT’s don’t make a lick of sense and feel very much like a passing fad. I could be wrong but these are about the last thing I’d park my investment capital into. The dump is already beginning in some of the ‘hot’ sectors.

[michael3322]

“I think of NFTs as pure froth,” said Peter M. Garber, an economist and author of “Famous First Bubbles: The Fundamentals of Early Manias.” “It is more of a pump-and-dump, Wolf-of-Wall-Street operation than anything else.”

Source: Washington Post

[Rhotchkiss]

Originally Posted by michael3322

“I think of NFTs as pure froth,” said Peter M. Garber, an economist and author of “Famous First Bubbles: The Fundamentals of Early Manias.” “It is more of a pump-and-dump, Wolf-of-Wall-Street operation than anything else.”

Source: Washington Post

The great thing is that we will all know in time. I like my cardboard and own zero NFTs. That said, I believe they stick in some fashion and will have value (not all but some); and I would not be surprised if they become dominant in time.

[Leon]

Originally Posted by Rhotchkiss

The great thing is that we will all know in time. I like my cardboard and own zero NFTs. That said, I believe they stick in some fashion and will have value (not all but some); and I would not be surprised if they become dominant in time.

I respectfully disagree. I think nft's go the way of water beds.
They might be around but will hold little to no value. Entertainment purposes only.
.