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Could somebody link me to a resource that explains the economics behind these collectibles ? (NFTs, trading cards etc. not art or rare items of historical signi
by vsskanth 5y ago
Could somebody link me to a resource that explains the economics behind these collectibles ? (NFTs, trading cards etc. not art or rare items of historical significance)
Whatever I read either concludes scam or a store of value, but doesn't seem to explain the large amounts of money sloshing around in these.
- chrisseaton 5y agoPeople do think these cards are art and they are of historical interest to them.
- vsskanth 5y agoFair enough
- Ekaros 5y agoFOMO is a big thing. They have appreciated so everyone thinks they keep doing that. Nostalgia is factor too and people who were interested in these in childhood now have extra cash. Now I wonder pull of some of these for current and next generation and how will that affect the prices in long term, probably there won't be enough pressure to keep thing going at some point. I should probably check some graphs of low to medium end classic car pricing by decade... Just to see how future might look like.