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RE: NBA Top Shot: The Tokenization of Frustration

in LeoFinance4 years ago

Sounds like a frustrating experience. It seems like the NFT craze continues and they almost never show up with enough packs. I feel like its intentional so some people can resell it for more afterwards.

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Yeah and it's really strange that they are able to do that. I mean.. When you buy booster packs for any TCG the cards you get will have (usually) lower value in total than the price of the pack.

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It's like that everywhere from what I see and for people to gamble. They want luck to be a factor so people buy more packs. Over time though if the prints are limited, the price may go up but who knows how long this will take.

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I think that the NBA is just learning. I think the drops will get bigger but my gut tells me that cards won't go up in value with collectors and they will just look towards the next drops. If I get them I'm not going to hold on to them. Just flip unless things the older cards go up in value. I really have a sense that they wont.

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I think the old cards will eventually go up in value if they don't print more of them. However I am watching for the NFT market to become oversaturated and kill off the hype. I think right now everything is overpriced since people are making money buying anything.

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