Re:Beeple Mania
by jadams5 on Wednesday February 24, 2021 @10:25AM
(#26250845)
NBA Top Shot is major sports' entry into NFTs and is already dominating by market cap while it's still in beta. I've only been following it for a few weeks, but collectors are going nuts, but not quite to the point of some other NFTs yet. It still seems to be a fairly small crowd doing most of the buying and selling compared to the NBA's broad reach.
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Re:Beeple Mania
by TigeriusKirk on Wednesday February 24, 2021 @11:21AM
(#26251646)
I follow NFTs closely and it seems like of the present crop of projects, Top Shot has the most obvious path to a sustainable future. Sports collectibles are already a thing, and official league-sanctioned digital collectibles are a natural growth. MLB dipped a toe in with virtual bobbleheads, but collecting video clips of plays makes more sense.
I don't know that the 5 figure prices will last forever, but the market probably will.
Cryptopunks is the only "native" NFT I feel will likely keep a market. Again, maybe not at present levels, but it's got enough of a cool factor to last.
And Beeple as the artist with the brightest future, obviously.