I do think we’ll see Pokemon NFTs at some point, and I think it could be really interesting.
However, it does make me wonder, would I rather just start playing the games/play Pokemon GO instead to collect there instead of NFTs of cards?
I already play Pokemon GO a lot with my wife and we maintain our digital collection of perfect IV pokemon. We collect cards because they’re physical. If cards went digital I think it would lose its purpose in some ways
Beyond collectibles I believe NFT’s will take over the gaming industry as well. Very interesting to see how this all grows!
Personally, NFTs are absolute garbage and it’s arbitraging middle-manning, which is just another way to say that its a way to add another layer of profit-seekers to a supply chain. You don’t actually “own” anything other than an abstract piece of code, and it’s a great way to extract money from suckers looking to make a quick buck a la crypto.
Edit: not trying to troll with this post, this is how I feel about it - happy to engage in discussion with anyone who feels otherwise
(All my opinion/not financial advice/I might be wrong)
I think there is a big difference between:
Influencer Made NFTs - created by independent artists (not the influencer) - which there can be no limit in total supply since they can constantly be re-released over and over. You are more so buying into their brand (yet you aren’t really since you don’t make any profit from their company - this depends if an Influencer made NFT market stays relevant and has enough people in - although I would imagine that as long as there is profit in this market more and more NFTs will constantly be made by influencers eventually leading to a decline)
1 of 1 NFTs/Limited supply produced by actual famous artists who already have an established market where they sell their paintings/art for premiums. Famous artists are simply transferring their physical art into a digital format and people already buy their work for huge premiums anyway!
The vintage collectable early release NFTs - e.g. Cryptopunks - these could be considered collectable.
I feel that in the next 20 years we could see 2. take off. Regarding 3. More risky then 2 but could see high volatility but possibly long term growth but only if 2. takes off. 1. is the most risky and I think is a short lived phenomenon.
Absolute load of guff. Nuke us back into the stone-age already.
nice to see that E4’s opinion has largely remained the same despite a solid ~100x expansion in the space already 
. For people who thrive in a space where those who were exceptionally early got extremely asymmetrically rewarded (i.e. Gary vs someone coming in mid 2004) it’s fascinating to see so many minds operate completely in black/white with no hint of probabilistic thinking, you can be right with your opinion 80% of the time and still be missing out on completely life changing EV.
Multiple friends of mine actually just loved the art early of a bunch of unique things, put in very small amounts ($1k - $10k) and have $1m - $10m+ now, many much more. I was later, and I still don’t “get” the art side as much I’ve never done well with traditional art either but I get and love collecting in general, and basically all of things you’ve learned that made you successful here could have made you wildly successful over the past 6 months there. Even @smpratte knowledge being regularly applied
Still here collecting pokemon (almost done full japanese e-series and I’m a constant buyer for topsun) but to completely ignore everything else when you hardly understand it is laughable, and the sad thing is you guys DO understand the mechanics of how it works and would be the top 1% easily in terms of sorting value if you applied yourself at all but instead you read a promoted post on instagram about a non peer-reviewed energy usage study or you saw a meme about how dumb it is that celebrity X was at it again. Meanwhile all of the stuff absolutely crushing is totally unknown artists who made this their medium (XCOPY, Hackatao, Fewocious, etc.) and the earliest/rarest unique IP (punks, pepes, and so on).
Just came back to check on you all and see that (sigh) you haven’t changed a bit . One day I’ll check in and the sentiment will be totally different. Looking forward to that day 
Just wait until I press PrtScn on the $10m NFTs
Same tired memes 
. I sold something yesterday for $260,000 that I got for free 3-4 months ago. The money is real (shrug), not sure what else you want. A large fund in the space just deployed $30m yesterday into explicitly early NFTs (punks, artblocks, etc.), Christie’s has basically completely embraced them as have many other auction houses. Axies made like almost $100m this month for a truly mediocre-terrible game (imho). Gary V bought a punk for $3.8m this week, Steve Aoki, founder of Shopify has one, Kevin Rose is bidding $5m+ on some of them, it’s honestly like a tidal wave that you’re too stubborn to believe is coming. Like I’m not here to shill my bags, I don’t own *that* much of it and if you read my posts earlier in this thread I agreed that 99% were very dumb but the upside was just completely outrageous, so it could fail as an industry 95% of the time and still be wildly beneficial to have exposure to.
Always enjoy reading your post. The only thing I can say is that I couldn´t care less for NFTs at their current state, despite their potential upside. It´s hard to put money into something that you don´t care for at all, even if you can see upside for whatever reason. I think that´s where most ppl here stand, they rather put money in things they actually enjoy despite potentially missing out on rewards, at least that´s my point of view.
You’re completely wrong lol, I know that the tidal wave is real and I know that there’s millions and millions of dollars to be made. I just think the entire concept of NFTs is retarded and I’m not interested in the slightest in this most recent money laundering plot. You do you
Can you verify that? What did you sell and where?
Once you read @primordialaa’s posts in the voice of Troy McClure you wont be able to stop.
Yea this is a point of view I completely understand. I tried FAB couldn’t get myself to love it, have tried looking at yu-gi-oh and many others and couldn’t and Pokemon/MTG have always just clicked for me, since childhood so I’ve spent my time playing and collecting what I both understand and enjoy. What I don’t do is tell everybody why Yu-gi-oh is stupid and such a scam and everybody playing or collecting it is an idiot 
!
I do think some of the artists listed above are really cool and unique, like XCOPY is insane aesthetic but completely priced out atm a bunch of my friends bought early works of his for like $1-2k which is amazing as they are going for $500k-1m now. Again though completely based just on them loving the art. All of the cryptopunks were 100% free to claim, literally free and the people who own a ton are people who just thought they were cool and novel early on. MOST of the people who have done the best from this NFT-mania have been regular people who just loved the stuff early on and thought it was neat, not some shadowy cabal of rare jpeg collectors 
. Totally fine not to love it, but it doesn’t immediately make the space a scam
(deleted to remove dox – did not help. Was quoted )
Of course early adopters did well, they threw tens of thousands into a hole. The question is can anyone not absorbed by it see success. What is someone going to do when nfts go through a 4 year drought? People fail to realize that Ethereum sat at $200 for a long time after falling from the original $1400 peak.
If you don’t care, you won’t have enough conviction or faith, which means you won’t hold (for better or for worse)
Also, please don’t say “free” when you know damn well Meebits weren’t free unless you had a 40,000$ punk already. It really doesn’t help here when you’re making claims like that. Success is great, but keep it real
Completely agree, although I think being completely absorbed by it is a precursor to success in most things so that’s a given regardless of what you’re doing. In the same way it was easy to be a flipper in pokemon 6 months ago and much more difficult 3 years ago, everything looks easy during complete market expansion. My point is certainly not that anybody SHOULD get into NFTs, again read my earlier posts in here and I say 99% will go to $0 and most are really dumb. My point is simply that people should not write off an entire industry as a blanket stance and if you are interested, explore it.
also re: free, if you got a free pack of cards for owning a certain pokemon card now would you have not gotten the pack for free? I didn’t buy punks to get meebits, nobody did. I bought them because they were interesting. Punks were (literally) free for a long time and dirt cheap for a long time after, airdropping is just a distribution mechanism to put them in the hands of a certain community. Lots of people are in that community that paid $0-100 for a punk, tons.
This is opensea.io right? It’s certainly impressive, but how would you get something that yields such a high return for free in the first place? There’s an unwritten rule that states that if something looks too good to be true, it most likely is. And with NFTs I also wonder how high the speculation factor is (what I mean is, how high/low is the probability that out of the millions of NFTs I choose exactly the one that 100Xes?) Isn’t it more likely that for each NFT that becomes a gold mine, there are 1000 that lose you money?
Yeah won the lotto by getting a skeleton, spent about 150ETH (400k~) on the cryptopunks to get them so not free haha
Yes OpenSea
Yes for each 1 that becomes a goldmine there are 1,000 that lose money (some people are good at parsing this, it’s not hard to figure out who is genuine/authentic within the community and make bets on them vs things like Logan Paul’s box break NFTs)
For crypto in general airdrops have been a thing for a long time, lots of free airdrops that turned into 10s or hundreds of thousands, dfinity recently was like $9 (for KYC) → $25k or $50k or something. Obviously a huge huge huge number more are genuinely just worth near $0 and there are scams mixed in there as well.
In this case I got it for free for owning a punk, Casual is right that at the time my punks were already worth quite a bit. The point still stands in general though.
I didn’t mean for this to become me shilling NFTs, I don’t participate often because I’m actually NOT good at parsing what’s good or bad. Guys like twitter.com/andy8052 , twitter.com/DeezeFi , twitter.com/toptickcrypto are amazing at it. Top tick told me about topshot before it was ever big (August, 2020, I didn’t buy), artblocks before anybody knew or cared about them when they cost almost nothing, and so so many more. He has sold out of all of them far before the peak but some people are just plugged in and extremely good at parsing relative value. They spend most of their time on it, I do not. In the same way my pokemon activity now is me bidding every pwcc block on sets I care to complete and slowly working to finish them, NFTs for me have always been try to pick 1-3 that seem cool and just make a directional bet on them. I’ve tried REALLY hard to get into the pure art side but it always seems overvalued to me (and has gone up like 100x since I first thought that), I almost bid on the recent fewocious christie’s auction but ultimately let it go.
My only primary point here is the space is not a scam, many people are thriving within the space, it shares a ton of similarities with what make somebody very good at collecting (whether it be pokemon, MTG, comics, etc.). You’ve gotta live and breath it for sure, I do not, it is not something I spend even >5% of my time on it but I’m fortunate enough to have very good friends who spend 100% of their time on it and piggyback off of their knowledge. I also think it’s funny/absurd that most here who have called it a scam from day 1 have watched the entire space 100-1000x, $ flowing in from huge entities across the board and recognition from huge entities across the board and they will still be calling it a scam (and celebrating) when it goes -80% at some point and rests at like +200x from their original decrying of the space.
Keep an open mind, opportunity is everywhere. As always, only collect what you find interesting. There is no point otherwise.