[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 151 KB, 828x750, B676531D-517D-4007-B8B5-CF9898D1DD69.jpg [View same] [iqdb] [saucenao] [google]
30319480 No.30319480 [Reply] [Original]

NBA is adopting NFTs. Is this just a normie mania or is this shit here to stay?

>> No.30319564

>>30319480
Simping is going mainstream

Soon NFTs and OnlyFans will converge

Imagine simps competitive at auction for ~*~rare~*~ strip tease pics in Miami before the big game

>> No.30319635

Useless shit

>> No.30319765

>>30319635
Can i NFT denis rodmans ass?

>> No.30319958
File: 97 KB, 832x1235, 1494578454667.jpg [View same] [iqdb] [saucenao] [google]
30319958

>flow
>decentralized
kek

>> No.30320010

>>30319564
holy fuck that's unironically brilliant. That is.. genius, god I wish I was smart enough to steal that idea holy shit

>> No.30320052

>>30320010
lots of people have suggested that idea.

>> No.30320104

>>30320052
first i've heard it, either way there's a lot of potential there

>> No.30320107

It's normalfag mania. NFTs don't make sense if all they are is a file with a certificate of authenticity, they make sense as access tokens in decentralized services.

>> No.30320283

>>30320107
NFTs are monetization of virtue signals

In this case, a beta paying to stand out, 15min of fame, from the other betas hoping against all odds to get a shout out from an alpha-grade Chad the night of the big game

>hey man in the hot tub Stacy told me how much you paid for her photo shoot man that is really the real real my dude rock on man
>...
>arite well imma let u go u know how these hoes is I gotta get back in that tub u know

Money never sleeps
Wealth whispers, but money shouts from the stadium box

>> No.30320388

>>30320283
>NFTs are monetization of virtue signals
They could be in principle, but in practice anything crypto is a poor virtue signal because of the climate FUD.

>> No.30320450

>>30319480
This is corporations scamming rich crypto fags with useless meme tokens. Guaranteed 90% of the people reading about NFTs right now have no idea how to buy them

>> No.30320470

>>30319480
If premium porn works, NFTs work

>> No.30320533

>>30320450
Kek, topshot is literally free money.

It's $14 a pack and they never resale for less than double (if you get absolute shit pulls). I'm up 6k this year and my entire investment has been $9 for my very first pack.

>> No.30320563

NFTs are booming in collectors sector because you don't need logic for why someone wants something. Shit is like Funko pops, I think they're ugly and stupid as fuck but there are people who love them and thus spend massive amounts of money collecting them even though it does absolutely nothing other than fill some space.
Maybe someone just wants "ownership" of a limited and verified officially by NBA basketball clip of their favorite player and have it in their NFT portfolio to say they have something that no one else can officially, supported by NBA, say they have.

>> No.30320619

the only NFT with real value is urbit
1 star = millionaire by 2030

>> No.30320817

>>30320533
Bought first pack for $9 - sold 1 moment for $700. And hold 2 more that are worth another $500 combined.

Just got the $14 pack and looks like I have a moment worth probably $300 and another for at least $400. Easiest gains I've ever made for something that is completely useless outside of just saying you "own" it.

Also, Sorare is a much better game/collectible and the market isn't as stupid but has already started going up quite a bit.

>> No.30321121

>>30320817
How long to resell them?

>> No.30321150

>>30319480
How do I profit from this?

>> No.30321303
File: 108 KB, 1380x646, 1592973674246.jpg [View same] [iqdb] [saucenao] [google]
30321303

>>30319480
It's not only NBA, UFC and the biggest soccer teams are planned for 2021
https://twitter.com/pierskicks/status/1350472045478334465

>> No.30321445

>>30321303
Damn that’s a lot of cum quantity

>> No.30321477

>>30320817
Yeah I've been looking at Sorare too. Don't know shit about footie though. Or basketball to be fair lmao.

Might just pick up the token.

>> No.30321576

>>30321303
buy any nft coin now. don't care if it has already pumped. this shit will boom

>> No.30321591

>>30319564
No one cares about "owning" nudes, people fap and move on, nothing artisitic about it. kys.

>> No.30321634
File: 17 KB, 474x355, th.jfif.jpg [View same] [iqdb] [saucenao] [google]
30321634

>>30320010
I pitched a porn version here.

Imagine owning 1 of 10 of this special moment in porn history

>> No.30321673

>>30321576
Any quality ones, yes. NBA NFTs are here to stay. 99% of opensea NFT are worthless

>> No.30321711

>>30319564
Any guesses which NFT coin OnlyFans will use?

>> No.30321731
File: 12 KB, 249x225, 1613197147807.jpg [View same] [iqdb] [saucenao] [google]
30321731

>>30321634

Easily one of my favorite things to nut to. It's even better knowing that she's a rich bitch from an affluent family.

>> No.30321762

>>30321711
checked. good question, anon

>> No.30321804

>>30321634
I'm not enough of a coomer to know who this is

>> No.30321841

We are in peak capitalism. People like to brag about owning things even if it's a certificate of ownership of a perfectly and infinitely reproducible .png file ie. an NFT.

>> No.30321864

>>30319564
for me this would be a huge top signal

>> No.30321904

>>30321841
This is only the beginning. Wait until other sports jump in, and they're coming. Regardless of what you buy right now, you are still early

>> No.30321940

Made close to a quarter mil flipping these so far after just buying packs on every drop in season 1. They're limiting the number of new accounts while they scale up the capacity meaning most of the rich normies who want to buy them can't even get in yet. Trying to decide what car to get with these Lebrons...

>> No.30321961

>>30321804
mayli aka amelia wang. daughter to goldman sachs VP
super rich dumb whore who did a facialabuse scene for probably a few hundred bucks
fuck you dad lmao

>> No.30321967

ok but there are so many plays, which ones are the best? we need a rating system, maybe a 3rd party that rates play aaa, aa, bb, etc. then you can make sure you're buying the best plays. or, you could opt for buying multiple c-d level plays. maybe eventually they could offer funds that are a mix of different plays at different ratings.

>> No.30321970

>>30321121
I waited a week after the packs were sold. So about a day before any challenges related to the moments ended.

>>30321477
Knowledge of footie helps, but knowledge of less popular leagues goes even further. Once the European leagues end, the value of MLS and Asian leagues should rise even more.

>> No.30322009
File: 571 KB, 686x720, 1614889791542.gif [View same] [iqdb] [saucenao] [google]
30322009

>>30319480
>NFT

>> No.30322015

I'm not gonna make it bros am I?
>tfw just randomly checked email and clicked link

>> No.30322052

>>30321961
holy shit I have heard of this
thanks for the rundown

>> No.30322106
File: 126 KB, 566x862, file.png [View same] [iqdb] [saucenao] [google]
30322106

>> No.30322335

I went to the NBA Top Shot site and there's a zoomer on twitch talking about his "portfolio" of NBA clips. I want off this ride.

>> No.30322452

>>30322335
Why? Cause a young normie made a youtube video? NHL, NFL, UFC, biggest european soccer teams are coming. Don't be dump and sell yet; the NBA playoffs haven't started. That's from May to July

>> No.30322477

wow flow block chain has $50bil market cap. wtf, shit is bigger than cardano.

>> No.30322509

>>30322477
checked
big time normie mania

>> No.30322819
File: 77 KB, 800x433, 1587353678706.png [View same] [iqdb] [saucenao] [google]
30322819

>>30322509
No it doesn't, It's currently at $1B mcap. I will keep it's 30M tokens in circulation until October 2021. After like October 16th, there'll be 72M tokens in circulation. Sell in September basically

>> No.30322977

>>30322819

lmao, just sell right b4 the dump everyone knows is coming. ok...

>> No.30323089

>>30322977
Regardless, normie mania is still not here yet. It's not even listed on Binance yet + we only have NBA so far. The top is far from being set

>> No.30323189
File: 18 KB, 640x591, 22f.png [View same] [iqdb] [saucenao] [google]
30323189

>I own a video that everyone can see and save
>You can reproduce it but I'm the real owner
>Bitches get wet when they hear that I own that specific moment of NBA history

>> No.30323348

>>30323189

I was looking at these things, most people care more about the "serial number," its essentially about getting fucking dubs, more so than the actual "play," its hilarious.

>> No.30323494

>>30322452
I understand that they're just digital NBA cards. They sell them in packs and have serial numbers just like physical cards. I guess I'm just not ready for NFTs. I'm not ready for the day when it's completely normal for someone's portfolio to be rare Pepes and NBA clips.

>> No.30323532

>>30319564
NFT only shows ownership, it does nothing to stop leaks and free images

>>30323189
Brainlet. It's no different than any bitcoin or whatever. It's just a number on a screen that is traceable to you.

For the same reason a bitcoin is valuable, NFTs are going to be valuable, but with the potential for being vastly more valuable.

>> No.30323579

>>30323494
I mean there are ppl right now with portfolios of CS:GO skins... it's no different

>> No.30323627

Who the fuck is paying for this though?

>> No.30323653

>>30321970
Sorare seems like a bunch of shit at least NBA Topshot has affordable packs if you can get one it seems like you have to pay out the nose for everything on Sorare

>> No.30323688

>>30323627
You underestimate the autism of collectors with huge amounts of money.

>> No.30323700

>>30319480
Uh it's obviously here to stay, retard

>> No.30323707

>>30323627
People who realize the value of NFTs

>> No.30323725

>>30323532
>It's no different than any bitcoin or whatever.

Uh, do you know what NFT stands for? What does the NF stand for?

>> No.30323797

>>30323725
That's not how I meant that, but I get your point.
I'm saying an NFT essentially is no different than the "store of value" inherent in a bitcoin. It's just a number.

Obviously a BTC is fungible and exchangeable. I'm saying they are otherwise identical in concept and if bitcoin took off, so will this.

>> No.30323804

>>30323627
One moments pays double than what the basic pack costs, theres 3 moments in a common pack, each worth at minimum 18$

>> No.30323825
File: 46 KB, 680x607, 1591506741209.jpg [View same] [iqdb] [saucenao] [google]
30323825

>>30323627

>> No.30323866

>>30319480
This is what retards who think they have missed the bitcoin boat are using to clap back at cryptoriches.

>> No.30323925

NFT and all that seems be primed for Japan. Japan loves their limited collectors edition etc.

>> No.30323971

>>30320107
They make just as much sense as crypto

>> No.30323972

>>30323925
and not to mention the OTAKU

>> No.30323992

>>30323925
The technology isnt going to stop with cards and art.

NTF is how a wide variety of things both digital and REAL WORLD are going to enter the crypto space.

People arent seeing the bigger picture. You can already buy IRL diamonds with NFTs. Soon you're gonna be trading actual fucking houses with crypto

>> No.30324004

>>30323972
Oh boy put some fucking Love Live/Idol Mas shit NFT with gacha. They'll fucking go balistic.

>> No.30324063

>>30323992
This guy gets it

>> No.30324128

>>30323971
>>30323992
>>30324063
These guys get it

This is the 5G revolution

>> No.30324165

How do I profit off this?

>> No.30324223
File: 645 KB, 1081x1080, 1608495573240.jpg [View same] [iqdb] [saucenao] [google]
30324223

>>30324128
It's going to be bigger than 5G. People dismissing this as "muh pepe collection" are the same fucking people who 10 years ago said "digital money, fuuuuuck that"

Like, how valuable do you think attaching real world meat-space ownership of goods to crypto is going to be? Hint: REALLY FUCKING

>> No.30324394

>>30324223
How do I make money off NFTs then?

>> No.30324446

>>30324394
buy gvy

>> No.30324460

>>30324004

The only problem is the Japanese are a bit smoothbrained when it comes to XXI tech. Sure they have invented the first smartphones where you can connect to internet and watch tv... but where are they now? Getting their lunches eaten by the CHINESE and even their former colonial subject Korea!

>> No.30324695

>>30323992
>>30324223

So is your diamond or house worth more because it has an some token on a blockchain that is suppose to keep track of who owns it? What is the investment angle here?

With digital art / collectables, sure you make a lot initially, but subsequent sales are all second market, and if you want to sell more you dilute the market. You already see it with the NBA plays, the serial number having nice digits means more than the actual "play" attached to it. Eventually, they will run out of dubs to sell.

>> No.30324722

>>30323653
Yeah because they have actual use in weekly fantasy instead of being just a weekly pump and dump for whatever new series top shot releases.

They'll address the broader market price issues in Sorare as they expand supply across all teams, but if you think the cards for the most popular clubs like PSG or Juventus are expensive right now... just wait til they start tying in benefits for owning a card for a player/club.

>> No.30324883

>>30324695
>So is your diamond or house worth more because it has an some token on a blockchain that is suppose to keep track of who owns it? What is the investment angle here?

It's the fact that real world things are going to be made crypto that is itself valuable. Creating a truly digital economy and marketplace so actual things can pass ownership from person to person is the primary reason to be hyped. At the end of the day, it's still a diamond or a house, but being ingrained into the crypto network opens up a lot of neat opportunities.

>> No.30324955

>>30324223
Sure by 5G I meant to imply Internet of Things (IoT) geo-financial system

>> No.30325223

>>30324883

Physical asset needs to be stored, secured. So saying, whoever has X private key owns an asset, its kinda just like a bearer bond. Not really that innovative a concept.

A lot of the digital NFTs, they are like pokemon or magic cards. Those are household names but only really make a couple hundred million/year revenue.

>> No.30325435

>>30325223
>Physical asset needs to be stored, secured.

Ok and the exact same way they are stored and secured now they will be stored and secured under a crypto system. No different than buying something off amazon with real dollars and having them ship it to you. How can you not see the value of crypto now gaining this power?

>>30325223
>its kinda just like a bearer bond

Not true. NFTs keep ownership records and also track price and can do kickbacks to originators and all sorts of other shit. Bearer bonds do not.

>> No.30325553

>>30320470
unironically excellent analysis

>> No.30325609

Wait until movies and television get in on these.

>> No.30325675

yeah its great for all these already rich cunts with IP to sell

>> No.30325864

>>30325609
Wait until twitter thots realize they can sell ownership of their asshole pics

Kim Kardashian is going to make a billion dollars

>> No.30327169

>>30321711
OGN

>> No.30327677
File: 13 KB, 360x344, 1601851115929.jpg [View same] [iqdb] [saucenao] [google]
30327677

>>30324883
>tfw a poojeet steals your house, wife, and children, all of which were tokenized and stored on metamask

>> No.30327763

>>30327677
>tfw little Billy is in price discovery at just 20% if his all time high

>> No.30329334
File: 175 KB, 1437x1145, 20210306_030131.jpg [View same] [iqdb] [saucenao] [google]
30329334

>>30325609
Absolutely skyrocketing .

>> No.30330023

>>30319480
This NFT shit is going to be laughed at in 2 years.

>> No.30330171

>>30321961
the absolute state of roasties.

>> No.30330209

>>30320619
Urbit is a dead project

>> No.30330255

>>30324883
The problem with linking real-world property to a token is that the token doesn't actually get you anything. If the government says you don't own the thing the token is linked to, they can just take it, or not enforce your claim when someone else takes it. They can't take the token without your private key, but they don't care about that. Government has to recognize the NFT as proof of ownership, which it has no reason to do.

>> No.30330927

>>30322009
>somebody is really going to miss the train to financial freedom just because a neckbeard that posts basedjaks on /biz/ told him that they are stupid

What a world to live in.

>> No.30331294

ok how can I invest in this

>> No.30331375

>>30330927
because it is retard, it's nothing but a niche market.

>> No.30331574

https://nightmarketcapital.medium.com/the-nba-top-shot-craze-how-nfts-are-transforming-the-collectibles-market-d1805aee8f0f

>> No.30331704

>>30320107
Once you can add legitimacy to a digital asset there is a whole world of things you can do, like make Official Exclusive skin on VR Chat or integrated with some other app that will read it. Having videos only you have that are actually certified by the original creator is huge, specially when you add shit like trading card games or figures.
Yes you can always copy a video, but it will not be the original/official one. It's like limited edition clothing or bags etc.. you can just buy a fake one if you just want to store things. Bragging rights is a powerful tool.

>> No.30331714
File: 2.58 MB, 480x270, 1584973115812.webm [View same] [iqdb] [saucenao] [google]
30331714

>>30330255
Peer pressure from owners who happen to vote can do wonders.

>> No.30331840

>>30330927
DUDE JUST BUY THIS DIGITAL CERTIFICATE THAT STATES THAT YOU OWN SOME FILE THAT ANYONE CAN COPY OR REPRODUCE

>> No.30331971

Fuck the nba shit, I just want the coin. How the fuck do I buy FLOW in the us?

>> No.30332050

>>30321961
your average hapa

>> No.30332870

>>30320010
Ideas are plentiful anon.
Execution is hard.
Getting the network effect, much much harder.

>> No.30332919

>>30331714
I miss this little nigga like you wouldn't believe

>> No.30333515

>>30324722
Can anyone give a guide for buying NFT's. Where, what to look for in order to make profit etc. I have extensive knowledge about sports but no idea where to start.

>> No.30333570

>>30319480
if you arnt holding RARI then you are a socially retarded idiot
just read the space

>> No.30334451

>>30319564
buy a waifu retard you can get 1 for .4 eth on opensea you will hit your head on the walls in a few month for missing something this obvious

>> No.30335306

>>30333515
this, would like to know too.
t. spend most of my weekends watching & playing football

>> No.30335546

>>30333515
>>30335306
From my research, I see the biggest one is FLOW which has the NBA, NFL soon and a lot of normie hype stuff, then OMI which has nerd shit like DC, CAPCOM, maybe pokemon and yugioh in the future, they tweeted about it like 2 years ago and then OGN, which I know little about.
Probably start reading about those 3.
I'm also keeping an eye for porn NFTs, some of them have interactive NFT figures so if that comes to porn/only fans etc . It's easy money if you invest early.

>> No.30335587

>>30325609
You can already buy Pacific Rim, The Godfather and Top Gun stuff on Terra Virtua

>> No.30335647

I bought 1 pack for 14$

One week later the 5 items in that pack was worth $1400

I’m buying them up as much as I can, maybe long hold or maybe just flip. But the easy gains are there. Only bitch is its hard to get a pack.

>> No.30335671

>>30324394
You sell them you retard

>> No.30335691

>>30335647
I can't even sign up

>> No.30335744

>>30335647
so you buy packs from topshot and wait a few weeks than trade them? is that all there is to it? i have no idea about NBA or basketball but I want to get in on it.
if i buy 10 x $14 packs, how many of them would I risk to make no money on?

>> No.30335863

>>30323348
This is bullish I will look into buying these cards

>> No.30335924

>>30335744
You can buy only one pack. You can sell moments from the pack almost immediately and right now you're always in profit (1 card is more expensive than an entire pack). That will change, of course but now I think you can understand why 200k people are queuing in line for a pack.

>> No.30336016

>>30335924
yeah that makes sense. it's a shame i can't register, fuck.

>> No.30336292

>>30336016
They're closing registrations during the drops because demand is too high. Should reopen after weekend. Although you might be a bit late for the mad gains.
Right now the cheapest moment on the market costs 9 bucks (like the base pack price). These moments have a circulating count (potentially unlimited), so these will only lose value over time. But you can still get some limited editions relatively cheap (Unless people will realize how retarded all that is and the market will crash)

>> No.30336834

>>30336292
Are there separate queues for special moments? How do I acquire those rare cards?

>> No.30337020

get NFTs from: https://cryptomancy.net/
https://twitter.com/cryptomancynet/status/1367732999567994883
then sell them later for a higher price

>> No.30337367

>>30323532
>NFT only shows ownership, it does nothing to stop leaks and free images

Cool, wanna buy a forged NFT? Didn't think so, it's like they are verifiable in scarcity and significantly more liquid than any other form of certification.

>> No.30337639

>>30336834
Queues happen when there's a drop, ~200k people click "Join drop" button, then everyone gets a random number in line and wait from a few minutes to 3-4 hours. Regular packs (9 bucks) are available to everyone, Rare/Special packs (14/99 bucks) are limited in supply, that's cheapest way to get rare cards, you can also buy them on the market for a higher price.

>> No.30337680

>>30332050
i'm also a hapa, i guess she's white enough to get my balls wet in though

>> No.30337763

do you pay with real money or Eth/ Crypto?
Once this is done with soccer, holy shit. Imagine a ronaldo or messi moment cost.

>> No.30337834

So I have a NFT, that proofs that I own a car. I lose my private wallet key, what now?

>> No.30337933

>>30319480
Doesn’t end hete with Top Shot. By next year fans will be buying NFT tickets to watch games virtually from locations inside the stadium and courtside. The whole tech going mainstream is in it’s absolute infancy.

>> No.30338206

>>30337834
the state will own everything and you will be happy

>> No.30338842

I think it's real
>Internet removes scarcety
>Sure let's add scarcety to it
It's too stupid to not become mainstream by next year

>> No.30338861

>>30337763
You can choose both options. There's already a football project named Sorare but it's a bit different (for example, you can play "matches" with your team which consists of player cards and card stats are actually affected by IRL player performance)

>> No.30338999

I'd buy this shit if the nft included its copyright, as in giving me the right to use the 'moment' any way I please, and being paid every time anyone else uses it commercially.

>> No.30339139

Is there anything else like nbatopshots?

>> No.30340260

SOUL has NFTs soon

>> No.30340291

Cool, it's like digital baseball cards.
Soon pokemon cards will be opened on stream.
Think loot boxes/gacha machines that poop out digital booster packs and streamers open them on stream. Instead of having to hypthetically find a MSRP it actually has a hard price assigned to it.
Also imagine the potential for NFTs if any of those Vtubers start running their own versions.
You might not have heard of it because you think its degenerate but Vtubers are the most tipped influencers in the world.

>> No.30341675

>>30339139
F1 Delta Time, Sorare (not exactly the same but those are licensed too)

>> No.30341815

How can anybody realistically say NFTs have a future on ETH?

Yeah I want to sell trading cards for $5 each, what's the listing fee? $37? Sure sounds good.

>> No.30342862

>>30341815
it's not on eth lol

>> No.30343149

>>30341815
You are beyond retarded