Interesting article The future of baseball card collecting

[mrreality68]

Originally Posted by jingram058

I seriously hope NFTs are not the future of card collecting. But then, I live in the past.

+1 agree but we will have to wait and see what the future holds in NFT’s

[Casey2296]

Originally Posted by mrreality68

+1 agree but we will have to wait and see what the future holds in NFT’s

NFT's in a recession will be like tits on a boar hog.

[Rhotchkiss]

Guys, I am sorry, but NFTs are here to stay in some fashion (as is cryptocurrency and many new hobby innovations, like fractional ownership and card-portfolio mutual funds). Sure, many NFTs will be worthless, but we are in the first innings of a new game. In 1992, the Internet was a bunch of chat rooms, car phones were hot and cell phones came with back packs, and 5 CD changers were the bee’s knees. Now we can FaceTime family across the world, while videoing the conversation and posting it immediately to YouTube where millions can watch it, like it, and comment. The world and the hobby are changing. Fact. Physical cards are still king, and I think, will remain so- just as the real Mona Lisa will always be more desirable than an NFT of same. But NFTs are here to stay, and I bet in 5 years we will all have some; even if they were just giveaways at a Philly game (like the article says). I wish things today stayed how they were in the 80s. But the only constant is change.

[G1911]

Blockchain is here to stay. NFT's may or may not be. Most new things do not hang on for long. It is not some inevitability that this is how things will become.

[BobC]

Originally Posted by G1911

Blockchain is here to stay. NFT's may or may not be. Most new things do not hang on for long. It is not some inevitability that this is how things will become.

Right on. Can you say - Pogs!

[G1911]

Originally Posted by BobC

Right on. Can you say - Pogs!

As a 90's kid, I had a pretty sick collection of Pogs. My mom threw them out. Unlike card collectors, I don't think I'll be bitter about this in 30 years

[BobC]

Originally Posted by G1911

As a 90's kid, I had a pretty sick collection of Pogs. My mom threw them out. Unlike card collectors, I don't think I'll be bitter about this in 30 years

My one son was a 90's kid, and I used to buy him Pogs. There are probably some still hidden around the house somewhere, but not worried about finding them to cash in. That is for sure!

[michael3322]

Originally Posted by G1911

Blockchain is here to stay. NFT's may or may not be. Most new things do not hang on for long. It is not some inevitability that this is how things will become.

Agreed.

Also, don't we have existing examples of e-cards on Topps that have absolutely not caught on? Not sure why this would be any different. An NFT, like an e-baseball card, is not tangible and therefore doesn't seem any different from looking at images of the baseball player on screen anyway...There are lots of signals of NFTs starting to decline quite rapidly, but then again a lot of companies have invested in it, so they are buying positive PR. Expect more puff pieces about NFTs to continue hitting newspapers.

[G1911]

Originally Posted by michael3322

Agreed.

Also, don't we have existing examples of e-cards on Topps that have absolutely not caught on? Not sure why this would be any different. An NFT, like an e-baseball card, is not tangible and therefore doesn't seem any different from looking at images of the baseball player on screen anyway...There are lots of signals of NFTs starting to decline quite rapidly, but then again a lot of companies have invested in it, so they are buying positive PR. Expect more puff pieces about NFTs to continue hitting newspapers.

As I recall it was “eTopps”, and it faded away into oblivion. The basic idea has come back again in mobile app form for each of Topps licensed IP’s, as a F2P or P2W depending how you see it. The app will eventually and inevitably shut down and everyone won’t have their “cards”.

I’m a youngin’ and a techie who loves blockchain, but NFT’s don’t make a lick of sense and feel very much like a passing fad. I could be wrong but these are about the last thing I’d park my investment capital into. The dump is already beginning in some of the ‘hot’ sectors.

[michael3322]

“I think of NFTs as pure froth,” said Peter M. Garber, an economist and author of “Famous First Bubbles: The Fundamentals of Early Manias.” “It is more of a pump-and-dump, Wolf-of-Wall-Street operation than anything else.”

Source: Washington Post

[Madi$on18joshua]

well said

[mrreality68]

Originally Posted by Rhotchkiss

Guys, I am sorry, but NFTs are here to stay in some fashion (as is cryptocurrency and many new hobby innovations, like fractional ownership and card-portfolio mutual funds). Sure, many NFTs will be worthless, but we are in the first innings of a new game. In 1992, the Internet was a bunch of chat rooms, car phones were hot and cell phones came with back packs, and 5 CD changers were the bee’s knees. Now we can FaceTime family across the world, while videoing the conversation and posting it immediately to YouTube where millions can watch it, like it, and comment. The world and the hobby are changing. Fact. Physical cards are still king, and I think, will remain so- just as the real Mona Lisa will always be more desirable than an NFT of same. But NFTs are here to stay, and I bet in 5 years we will all have some; even if they were just giveaways at a Philly game (like the article says). I wish things today stayed how they were in the 80s. But the only constant is change.

well said

[jingram058]

Originally Posted by mrreality68

well said

+1

[Hordfest]

NFTs are not cards. If they become a thing I think it will be distinct from card collecting. Cards exist physically, NFTs do not.

[Rhotchkiss]

Originally Posted by Hordfest

NFTs are not cards. If they become a thing I think it will be distinct from card collecting. Cards exist physically, NFTs do not.

Correct. And phones aren’t TVs, or cameras, or arcades, or computer… The times, they are a’ changin

I love cards. Physical, cardboard pictures of sports players. I like holding them, looking at them in person, passing them to someone, etc. I understand the resistance and denial. But I will gladly take bets (hell I will give odds) that NFTs are here to stay and a substantial portion of current and future collectors will have digital assets (yes “cards”) in the next 5 years.

How many people develop pictures anymore? When is the last time you took a physical picture and put it in a physical frame? Regardless of the answer I know it is much less than 10 years ago. People now have pictures on their phones, and on TV and computer screens when idling. And many picture frames are digital showing a digital slide show of images. How many people buy physical magazines and newspapers? A lot less than 5, 10, 20 years ago.

The good news is we can all keep our physical cardboard and nobody is required to buy digital collectibles. So do what you like. But just because you don’t like something doesn’t mean it’s not happening and/or will go away.

[vintagetoppsguy]

Originally Posted by Casey2296

NFT's in a recession will be like tits on a boar hog.

+1