topshot makes some sense to replace the current card market, but prices will go back to normal card market once there’s more cards. There isn’t going to be only a handful of brons forever.
virtual apes sounds as dumb as I thought it would saying it out loud
RIP card grading services and resellers/3rd party markets though
At least with top shot it does seem like there are less bag holders. Like, perhaps there are people just going straight to the marketplace and dropping their savings on cards. But those are the people who were doing doing same in casinos pre pandemic and you just can’t save them.
And as said, there are eventually going to be 100 Lebron cards. It’s a lot of FOMO right now.
Agree. I haven’t seen the two happen exclusively though. From what I saw it would always start as Type 1 then transition to Type 2. For example, there was a period of ~10 minutes yesterday when I was submitting orders and nothing was happening, then I came on here and saw everyone say the marketplace went down. At that point I checked flowscan and saw the blocks hadn’t been posting for a while. Those transactions I submitted eventually cleared, during the maintenance time.
On the blockchain stuff yeah, I guess my point was just rather they are physically halting the blockchain or it is coming to a halt on its own, either way I think that means that no transactions are happening on the blockchain so if you were to buy/sell FLOW during that time you wouldn’t be able to execute the trade, or move FLOW from one wallet to another.
Oh for sure. I guess that’s what I’m trying to say. There are now entire disillusioned generations of people myself included. Brunch got taken away by Covid for a year and it seems to be replaced with GME, crypto, virtual apes and sports cards.
People under 40 largely have no net worth so gambling on this stuff actually makes sense. There is nothing to lose.
FWIW,
I signed up to get early access for DR SEUSS https://drseuss.onflow.org/ and UFC https://ufc.onflow.org/
dr. seuss collectibles in 2021
invest in the cat
lose your hat
wanna hear a funny joke
you are broke
if you complain how bad that was, well someone is gonna buy a seuss collectible
I’m completely lost on what all this is about and Flow’s site didn’t help me much
Flow was designed from the ground up as a foundation for internet-scale protocols and applications that also require exceptional user experience.
Conceived by the team behind CryptoKitties, Flow was developed and stress-tested with top global partners and is now open for anyone to contribute to and benefit from.
Battle-tested in production and ready to help you build the kinds of applications that people want to use.
Flow is built to be fast and responsive – achieving global finality within seconds
Flow standardizes usability improvements for crypto-savvy traders and basketball superfans alike, letting you focus on what matters
Flow will launch with payment onramps and ecosystems optimized for consumer applications
This ensures Flow apps benefit from great user experience and full composability, letting developers easily build on each other’s work.
Sharding and layer 2 solutions break composability and reduce network effects for dapps and smart contracts by removing ACID guarantees from the execution environment.
On Flow, every application can be a platform.
I’m not sure I have the courage to click the link to their techncal papers - “more than 100 lovingly crafted pages across multiple white-papers”
Im signed up. Lfg
Yeah i’m not nearly as bullish as these on the NBA. But someone ITT mentioned the Street Fighter stuff flipped for like 4x yesterday. If STreet Fighter is good for a 4x immediately, there’s probably value in Dr Seuss as well.
I think UFC has potential comparable to NBA. KOs are perfect for this.
Signed up for the ufc one thanks.
What is the biggest sport for “regular” cards? I only hear about baseball and basketball cards really but i imagine nfl is more popular
Interesting note about the largest holder of TopShots - they now hold over $12 million worth. It’s a NFT investing group - no idea if that means they are more or less likely to dump at some point, or just hold forever.
The dude on pete overzet podcast had 6m two weeks ago and he’s just some wall street kid. Said he’s not selling anything
‘mbl267’ has 2,281 unique moments worth about $8,373,107.00 using market low prices
It’s a cryptocurrency for the Flow blockchain. I think it is like
ETH :: Ethereum blockchain :: Cryptokitties
FLOW :: Flow blockchain :: TopShot
The FLOW token (“FLOW”) is the native currency for the Flow network and the keystone for a new, inclusive, and borderless digital economy. If Flow is the digital infrastructure, FLOW token is the fuel that powers the network. FLOW is the currency required for the network and all the applications on top of it to function. FLOW is designed as a payment method as well as a long-term reserve asset for the entire Flow economy. The token is used by validators, developers, and users to participate in the FLOW network and earn rewards. It is also used for fees and to participate in future protocol governance.
You can still buy Street Fighter packs. Sales are open till tomorrow and there is no cap on the number they are issuing (other than 20 per account). I think there was an early spike in the price, but now packs are only selling for a small premium (around 20%) over the offering price.
I looked at buying, but with the unlimited offering, figured supply would outpace demand (plus Street Fighter is more niche than NBA, so figure anyone whose into Street Fighter already knew about this NFT).
Yeah the unlimited offering is a huge turn off, pretty much defeats the point imo
Topshot prices are cheap compared to the actual card market still.
common cards of star players are nowhere near these
so it’s blockchain, but i can’t mine stuff? isn’t mining the key to blockchain security? or was that all just a hoax by soros to pump up energy prices by increasing demand?
If you’re talking about the FLOW token, it is apparently distributed via Proof of Stake instead of Proof of Work
Flow distributes a fixed portion of the total FLOW token supply each year as rewards to validator node operators through a combination of new issuance (inflation) and transaction fees (when combined with inflation, the “total reward”). The total reward will be chosen carefully to be as small as possible while preserving the security of the network (currently contemplated to be set at 3.75% of the total token supply per annum). Excessive inflation can create a range of unintended consequences and makes the token less attractive for non-staking uses.