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EPonMantel

Apr 17

Top Shot Back? Wemby sells for $145K!

Pretty wild Top Shot result for Wemby's first. Will this help bring interest back to Top Shot? What would a Caitlin Clark go for?

https://x.com/NBATopShot/status/1780648992881209581

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Basketball

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Top Shot

Wemby

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Anybody on Courtyard.io?

Link preview image for 2019 Panini Donruss Optic #8 Stephen Curry - Gold Wave (PSA 9 MINT) | Courtyard.io

courtyard.io

2019 Panini Donruss Optic #8 Stephen Curry - Gold Wave (PSA 9 MINT) | Courtyard.io

Vault, collect, and trade graded collectibles on the blockchain with Courtyard.io. Vaulted and insured for free by Brink’s. Trade and earn 1% in perpetuity. 100% Authenticity Guarantee.

Courtyard takes your physical cards and digitizes them and puts them on the blockchain. Testing the platform out and selling my gold prism Stephen Curry. Anybody else trying it out?

https://courtyard.io/asset/0e7a8d9151992d9222c971b8ac7a364da9a10163a09144c92be5bf75672590bd

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Repack/Hit Pack NFTs

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I've been researching/experimenting with this and one company is courtyard.io. They do drops of graded cards of varying value and its similar to how breakers do "Hit Packs" or "Repacks" where there is a price per pack. There is a ceiling (max card value and a floor, the low card value). These are interesting and seem to be gaining popularity vs breaks because you are:
1) guaranteed a card and in this case graded, which is nice
2) of something you would ideally care about i.e. in the genre you care.

In most of these, they publish the ceiling, floor, the average value to give participants a sense of the risk aversion. In this case the drop price is $100 and the top card is the Japanese Promo Poncho in PSA 10 so probably a $3k card. So 30x your buy in, but the floor is likely 15-20% on the buy in.

Curious to see what others think of these Hit Pack/Repacks in general.

I was interested in this because its all at a vault and I get a NFT version on chain, which presumably will grant other rights or utility use -- this is an area I'm pretty fascinated by as it can be used for on ramps to gaming utility, real world events/content utility, or even to gate access to special breaks.

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