First Post - PSA 10 Charizard vs Nike Digital Collectibles

so proud of you bby, take all of my bitcorns. :heart_eyes::heart_eyes:

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bored ape yacht club has 10,000 x $114,000 = $1.1B, so one collection is bigger than the entire pokemon graded market?

once again. im just propsing WHY/HOW lol. its funny to see the comments already but most of it is anger. i truly wish to discover reasons/hear why/how this could even be.

Luxury car market cap is $440B. I have 3 luxury cars because I like them. I also have a $500K Pokémon card collection because I like cards. I don’t have any NFTs cause I don’t care for them.

No comparison between the 3. I think people will just collect what they like. :+1:

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Comparing physical goods to NFTs :pray:t3: I am praying for you brother

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ok. so your inferring more people like NFT’s and that is the reason for the difference. that is what perspective im looking to learn from this post i guess. thank u for sharing.

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There is clearly a lot to unpack, but I feel like a general comparison of NFTs to cards could answer most of them.

Personally, probably the biggest reason I have for trying to compare the two is that it feels like every time tries to explain the merits of NFTs, they focus on how easy it is to do transactions, but that should not make something more collectable (arguably it should have the opposite effect; something easier to acquire typically is less desirable). I’ve yet to be convinced that owning one will make me feel something positive (maybe that could change one day).

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I’m already drunk reading this thread.

Also is this going to be the longest thread or just a tribute?

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Can we not recreate this thread? Please and thank you. :pray:

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A 37 minute old thread, with a boatload of replies, and 4 people currently replying. This ought to be good.

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{Michael Jackson eating popcorn gif}

image

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:triangular_flag_on_post: :triangular_flag_on_post: :triangular_flag_on_post:

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thank you.

doesn’t that show how interesting this conversation is though ha? im actively bidding on zards and trade crypto often. i noticed these market caps and its been bugging me for months. literally have wanted to ask this for months. i really have no agenda and if im on any side its pokemon im on efour lol

As someone who used to heavily trade crypto/NFTs and made much larger trades in that than I have ever made in Pokemon, I can share a few reasons:

  • Transaction costs on ETH at the time meant you needed to transact in items above a certain cost threshold for it to be worth it. There’s no NFT equivalent of $1 Komiya on ETH.
  • PFP NFTs are mainly about community/access than about the art. You can’t really compare a luxury social club membership to a trading card.
  • Expectation of short term price increase. For example, I spent $800 on NFTs with high confidence that they could rise to $8,000. I spent more not because I personally valued it more but because I saw a specific trade opportunity.
  • People who invested in BTC/ETH early have tons of money in crypto and don’t want to move it out of crypto. They will buy NFTS with this money not Pokemon cards.

These are just some thing from the top of my head. I think if you are part of both worlds it’s not that surprising.

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3B of that was wiped out in the span of 2 months. You are using highly speculative assets across a small timeframe as a point of reference. Based on data, it’s clear to see that crypto and NFTs were way over-inflated and one could make a case they still are, so necessarily their valuations are not reliable.

The market cap isn’t a particularly meaningful measure in this regard too. Liquidity is super important in this context. Hedge funds can get in on NFTs but collectibles are too illiquid. The audience is very different.

If you really wanted to go head-to-head on market cap, then Pokemon as an IP is probably worth over 100B and that doesn’t even include the indirect economic impacts it has.

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in b4 thread lock

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Thanks for your response. The top 100 NFT’s for the price level in the thousands (the ones hedge funds are interested in) are more liquid than any $1000 pokemon card though.

hindsight is 20/20 i try not to get caught up in that. if nfts were “so clearly overvalued” then everyone would be a gazillionaire from shorting (we’re not).

I guess this thread does encourage me to expand the IP values and get more direct but where do you draw the line?

Is it every Nike product vs every pokemon product? And you would use that value to decide on the true value of the $8k Card vs $8k digital

EDITtTTTT

can’t post anymore today for first day account so I’m updating this post. to the person that said the blue chip thing thank you that’s I think thats going to be a big part of the thread cuz we kind of need people that have traded nfts extensively AND Pokemon chime in to hear their thoughts . I know it’s a blue chip but I didn’t consider many wouldn’t know that.

a lot of non nft people seem to think that people are only in it to make money. two years ago 100% yes but that just isn’t true anymore it’s 2023 lol . people are collecting certain ones with no expectations / just like we collect poke . at all price ranges from $1 to $$$

and this post is actually NOT for their digital shoes .

I’m talking about their 3D digital character collection.

the metaverse shoes are like $50 “no one cares about them” relative to the avatars. although the market cap is still probably laughable on the shoes

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I’m not going to comment on which one is “better” as that is always a subjective concept for any of these things. But, for myself, I would sooner own Charizard simply because I understand it much better. I also think that as time goes on, it could offer a higher return from an investment perspective, simply because it’s a much smaller market compared to the NFTs, and also because the younger demographic (who mainly buy or invest in Pokemon cards) simply has less investible capital on average at this time.

Down the road though, people interested in Pokemon in theory should have more capital to invest as our incomes grow or people inherit things from the Boomers and other older people (this is just a personal theory of mine, not financial advice or anything).

Obviously, Pokemon and Nike are both popular and powerful from a branding perspective. However, they also attract much different audiences as well. I honestly don’t feel they’re really comparable, they’re just so different to me.

As far as NFTs vs Pokemon go… well that’s going to come down to a lot of factors. If I’m going to buy something limited or rare in supply, I get way more enjoyment out of Pokemon cards personally. I can see the advantages of NFTs in that it’s digital and not physical, so it has superior utility in that sense. The liquidity is also a factor, but most Pokemon cards will sell well as long as they are priced fair. So they both have pros/cons to me overall.

With either route, I would invest in what you enjoy. The stocks I invest in for example are companies I like all around and also understand well, and I apply the same thoughts to my Pokemon card collection as I build it up. I buy what I enjoy, with the applied knowledge that I have, and accept the risks with it all.

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