Pokémon slabs and the NFT argument
The slab in a young collector's room is often the whole portfolio, no house behind it. That makes every headline about thefts, robberies, break-ins and inside jobs land harder. Keith got a voice note about Pokémon maybe being a long-term play to build the collectibles market around the IP, and the logic runs the other way too: nobody has to love NFTs, but if onchain storage is the safest way to hold that value, the switch happens without persuasion. The JPEGs may get the last laugh on the people who mocked them. #Pokemon
Transcript (en)
I also gave the connection to the collectibles market. I said in a voice note to Keith this morning where I was like, man, Pokemon could have been a long-term executed thing to get people to the place that they're at with the IP now in terms of creating a massive collectibles market. It all depends. I'm not even saying that people are going to love NFTs, but if NFTs become the only way to safely continue and maintain the value of their current collectible asset, they'll just use the tech. I'm already seeing a ton of news headlines coming out about thefts and robberies and break-ins and inside jobs type things for all of these important parts of this where, guys, a lot of the younger people don't own houses. Their primary investment vehicle and their store of wealth is in the collectibles that they own. So if you used to hit people with a scare and you're like, oh, your collectibles may go to zero because of this, this, this, and this. If the alternative is you use this new system or your primary wealth vehicle goes to zero, they jump in willingly. If you're still into NFTs, you should definitely follow us because we talk about JPEGs more than we probably should.
