NFTs (NBA TopShot & Animal Avatars) - Jupiter is Live

Discussion in 'The Mainboard' started by Lipp, Feb 18, 2021.

  1. Lip

    Lip Well-Known Member
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    Things must be getting serous. Your first post without rolling smileys.
     
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  2. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    :roll:
     
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  3. Lip

    Lip Well-Known Member
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    Sanjuro

    What’s your TS name, my dude?
     
  4. Sanjuro

    Sanjuro Not a co-conspirator
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    Keeping it simple between platforms.
    [​IMG]
     
  5. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    Sanjuro that's.... quite a collection you have
     
  6. Sanjuro

    Sanjuro Not a co-conspirator
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    I will be the first to say that I got lucky. I had about $5K from crypto sales in it until Sunday of last week. I halfway was kidding around with my girlfriend that morning about investing in this (fully expecting to get thrown out of the house) but she just gave me $15K from her savings to put in and buy for long term holds. So every morning, I put the max credit card transfer in ($4K) and gobbled up as many series 1 golds as I could that were undervalued compared to other players. I was thinking that this would be the trajectory over a couple of years, not a few days.
     
  7. Squints

    Squints oiling and lotioning, lotioning and oiling
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    You will see larger pack drops in the coming future..with moments serials out of 50k/100k etc. This will allow new users to get in on cheap buys/sells etc.
     
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  8. allothersnsused

    allothersnsused Wow that’s crazy
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    I would imagine that is the biggest conversation going on at Dapper right now, and it's going to be really tough to figure out. I am sure that this explosion in value was not in the playbook. It's going to be tough to balance the market in a way that allows for new entrants to buy up commons on the cheap while holding the value of rarer cards.

    I am sure the situation that they're in, in which every single card is currently going for at least 3x what a pack costs, was not in their original plans.
     
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  9. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    Good point and probably what will happen - The cheapest moments on the site currently is $24 so not exactly a great buyers market rn
     
  10. Squints

    Squints oiling and lotioning, lotioning and oiling
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    Yeah, it’s hard to speculate on what they thought would happen, but I think this has to be on the most optimistic end. I’m bullish that they have a long term plan given the level of potential this space has. The partnership with the NBA is the biggest thing that gives them any sort of validity, in my opinion. I also think they’re fine letting the market go right now while they figure out how to make drops larger/more accessible. People groaned about issues with queues/extra packs being sniped through loopholes in the last 3-4 weeks which have been basically fixed. With regard to the pack cost, I think we’ll see that go up almost guaranteed. Or more rare editions/packs added for increased cost. That’s when you’ll see S2 moments dip as people sell off to buy holos etc.
     
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  11. letan

    letan Just looking for the gator board
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    How do you view someone else’s collection?
     
  12. rv12

    rv12 Cowabunga
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    you can search by username or use evaluate.market
     
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  13. Lip

    Lip Well-Known Member
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  14. Sanjuro

    Sanjuro Not a co-conspirator
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    They never expected this for sure especially before any real advertising or marketing. They have made tremendous strides in the interface in the last month which is important for ramping upward. They did more than 20% of their all-time sales in the last 24 hours and I didn’t notice the market being down.
     
    #364 Sanjuro, Feb 22, 2021
    Last edited: Feb 22, 2021
  15. Squints

    Squints oiling and lotioning, lotioning and oiling
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    Agree with all of that.

    Alan from Dapper on TS discord said they still aren’t planning to have a mass marketing campaign or anything like that until AFTER 2021. That could definitely change I imagine but that seems wild to me.
     
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  16. allothersnsused

    allothersnsused Wow that’s crazy
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    They probably have too many kinks to iron out before a mass marketing campaign. I think the organic marketing through existing NBA players is sufficient for now. If they run a commercial during the NBA finals, it's going to cause more problems than it does good.
     
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  17. Squints

    Squints oiling and lotioning, lotioning and oiling
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    Yep, they’re not ready to scale to that level quite yet. They are already international but I don’t believe China and some EU countries can even purchase yet (France).

    What will be really nuts is when they expand into NFL and UFC.
     
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  18. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    Imagine what this will be with Pokemon cards
     
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  19. fucktx

    fucktx ruthkanda forever
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    couple years from now it sounds like everyone will be talking about their PBA bowling clips
     
  20. steamengine

    steamengine I don’t want to press one for English!
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  21. Squints

    Squints oiling and lotioning, lotioning and oiling
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    Brazzers C*ckshots
     
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  22. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Under the collection tab on nbatopshot.com, there's a My Moments link
     
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  23. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    this but unironically
     
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  24. Lip

    Lip Well-Known Member
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    Cumshots tho
     
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  25. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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  26. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    I also read they won't be giving out tax forms which is interesting
     
  27. Sanjuro

    Sanjuro Not a co-conspirator
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    I have no idea how this will work for taxes. I was expecting to just weigh outgoing amount from account to bank (or crypto) versus $$ put in. Would this not be the way? I surely hope that it not based on every trade within the platform.
     
  28. GrizzliesDrew

    GrizzliesDrew Fuck Freeze
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    Buddy just texted me this.

    29039465-2281-4237-8758-58694189FB56.jpeg
     
  29. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    If it's cyrpto I think it's taxed like capital gains? That's what a quick Google search says but I'm not an accountant
     
  30. Tug

    Tug Well-Known Member
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    Im here to lose money anyway
     
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  31. Lip

    Lip Well-Known Member
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  32. Lip

    Lip Well-Known Member
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  33. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Business is a boomin.
     
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  34. Lip

    Lip Well-Known Member
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  35. Lip

    Lip Well-Known Member
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  36. Lip

    Lip Well-Known Member
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  37. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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  38. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    :popcorn:
     
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  39. Lip

    Lip Well-Known Member
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    Boner jamz
     
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  40. Lip

    Lip Well-Known Member
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    First reply is a guy trying to sell him his #1 for a mill. Lol.
     
  41. Tug

    Tug Well-Known Member
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    He’s doing it for the wrong reasons smh
     
  42. allothersnsused

    allothersnsused Wow that’s crazy
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    Feel like shit kind of plateaued today in terms of value.
     
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  43. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    Pack drop in 10 minutes
     
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  44. Tug

    Tug Well-Known Member
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    I spent much more than I expected to today, which was problematic because a lot of it was on a S1 that I forgot I already had multiples of so it’s not my fault
     
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  45. Sanjuro

    Sanjuro Not a co-conspirator
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    Good luck with the Drop. #1 LeBron available in one of the packs.
     
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  46. DollarBillHokie

    DollarBillHokie Usher is the worst
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    The stock market works based on every trade, why would this be different?
     
  47. allothersnsused

    allothersnsused Wow that’s crazy
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    God damn I take a shower for 15 minutes and miss a drop. That rayvin.io service didn't send me anything either.
     
  48. Scblue

    Scblue I drop names
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    It's not up yet.

    Edit: And now it's cancelled
     
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  49. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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  50. Sanjuro

    Sanjuro Not a co-conspirator
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    Because it isn’t the same as stocks. Those are financial instruments that have strict laws and reporting. NFTs are expected to pay gains on but that is easier said than done for the IRS.