Bidding currently at $30K on a fractional share of a video clip at Heritage Auctions

[Exhibitman]

The more I read about this the more it looks to me like phony-baloney demand for an otherwise uninteresting thing ginned up by a savvy media campaign and perpetuated by the equivalent of a velvet rope in front of the bar to restrict entry and raise the level of FOMO to a frenzy. Hard pass.

[Mark17]

Originally Posted by Exhibitman

The more I read about this the more it looks to me like phony-baloney demand for an otherwise uninteresting thing ginned up by a savvy media campaign and perpetuated by the equivalent of a velvet rope in front of the bar to restrict entry and raise the level of FOMO to a frenzy. Hard pass.

It reminds me of Seinfeld: A show about nothing.

But then again, look at how many hundreds of millions that "show about nothing" raked in.....

[Exhibitman]

Originally Posted by Mark17

It reminds me of Seinfeld: A show about nothing.

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

[ullmandds]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

That's an episode!!!!

[Mark17]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

All I can say is LOL!!!!!!!!!!!!

Brilliant!!!!! And it describes these video clips perfectly - they are nothing. Air.

[ullmandds]

So's cryptocurrency! Heck so is the USD at this point!!!!

[egri]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

I'd like to see them do that episode with Abbott and Costello guest starring.

[judsonhamlin]

Basically just high tech Sportflics.

[justrun7]

I don't understand the hype with these, but I got one of the $14 packs over the weekend out of curiosity. I couldn't list the cards right away but logged in tonight to list them. I was restricted to 1 listing per hour but each of the 3 cards I listed sold within 2 minutes of listing them.

The sales were:
Damian Lillard 3 Point Shot /10,000 - $175 (which was immediately re-sold 2 minutes later for $194)
Tyrese Haliburton Dunk /35,000+ - $30
Collin Sexton 3 Point Shot /35,000+ - $8

I'm still not sure what to make of all this but it was very interesting.

[Mark17]

MLB and the NFL should set up databases and "sell ownership" of all the games ever played in their respective leagues. For example, you buy a "pack" of MLB games for $20 and get 5 games, for instance 6/7/1962 Mets-Giants, 8/1/1936 White Sox-Red Sox, 1940 World Series Game 3, and so on. Then you are the registered "owner" of those games and can sell them in a marketplace, adding a small transaction fee.

Imagine if this caught on.... One day, the big event, REA or Sotheby's or some major AH, working with MLB, auctions off some of the big ones:

Ruth's called shot
A couple of Koufax' no-hitters
The Merkle game
And several noteworthy World Series games, like Mazeroski, Reggie, Jack Morris, Johnny Podres, Grover Alexander.

Of course, the winners don't actually "own" anything - they are just the designated "owner" of those games in the MLB database, which is public and confers nothing excerpt bragging rights.

[Exhibitman]

Originally Posted by egri

I'd like to see them do that episode with Abbott and Costello guest starring.

Costello: I understand they made you the production manager of this here whole new product line.
Abbott: Why not?
Costello: So you’re the production manager?
Abbott: I'm the manager!
Costello: Well, you know, I'd like to know something about what you produce.
Abbott: Why sure I'll explain it to you. Well, let's see, we have uh nothing in the office, nothing in the warehouse, nothing anyone actually owns...
Costello: Are you the production manager?
Abbott: Yes.
Costello: You manage production?
Abbott: I sure do.
Costello: Then tell me what you produce.
Abbott: I say, we have nothing in the office, nothing in the warehouse, nothing anyone actually owns...
Costello: You’re the production manager?
Abbott: Yes.
Costello: You handle this product line?
Abbott: I'm telling you I do!
Costello: Well what do you make?
Abbott: Nothing.
Costello: Go ahead and tell me.
Abbott: I’m telling you nothing.
Costello: What you make.
Abbott: Nothing.
Costello: The product you produce.
Abbott: Nothing.
Costello: The product your line produces.
Abbott: It’s nothing!
Costello: You ain't tellin' me nothin' is the product?
Abbott: That's it!
Costello: Well go ahead and tell me.
Abbott: What!
Costello: The product.
Abbott: Nothing.
Costello: That's what you make?
Abbott: Yes.
Costello: Well go ahead and tell me.
Abbott: I’m telling you, nothing!
Costello: Nothing?
Abbott: Yeah!
Costello: Well go ahead and tell me!
Abbott: Nothing.
Costello: What are you telling me nothing for?
Abbott: That's it.
Costello: Well go ahead and tell me.
Abbott: What.
Costello: What you have in inventory.
Abbott: That's nothing.
Costello: Nothing is what you have?
Abbott: No, we sell something.
Costello: Well what is it?
Abbott: Nothing.
Costello: That's what I'm askin' you! What, do you sell nothing?
Abbott: Now wait a minute. Don’t...don’t accuse me of selling nothing, that would be fraud.
Costello: I'm not accusing you of fraud! I asked you a simple question. What’re you in charge of producing?
Abbott: Nothing.

[maniac_73]

Like everyone else I was confused and doubtful about this all...and then I got lucky enough to get two packs and pulled a Lamelo Ball Rising Stars which is a big hit going for 5k in the marketplace. Im all in now lol

[Exhibitman]

Lemme see if I get this right: You sign up for this thing and you pay some money for a randomly assigned bit of data. The data is revealed and you see what you got. You then cash it out by selling it to another gambler.

Sounds like a slot machine with an extra step between you and the cash-out.