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2 months ago

Best of Persona (NBA) - Chad Wittman

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NBA Top Shot and $250K digital collectibles: Passing fad, or a sign of things to come?

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I think it's a fan. I think Pokemon go is probably the best analogy. Obviously, NF ts are super interesting and they will have value. And what MBA Top shot is doing here is super interesting. And so I mean, I think that there is a market for what they're doing, but I think this explosion value is a bubble. And the reason I think this is that I think the utility of these particular assets is lower than most people kind of care to think. And what I mean by that is like me owning, you know, Zion Williamson's first block in a game. Yes, there's some fundamental kind of value in the N f T community, but I don't think there is enough utility for me to do something with that. I think the marriage of this is moving things into a purely digital world. And so I see this kind of playing out. You know, if it's NBA two K was doing this and I could buy Zion Williamson's block and then that unlocked some ability for my creative player or my fantasy team or whatever it is, I think that's where the interesting thing starts to come together. So I think this kind of core trying to rebuild just, um, digital cards. There's a market for it, but I think it's it's a lot smaller market than I think people are getting excited about the moment.

C
2 months ago

Best of Persona (NBA) - Chad Wittman

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