With this coming from DAZN for boxing, hard not to wonder what this might look like for billiards and whether that seems likely?
Make Fight Night Last Forever. The DAZN Boxing Matchroom Collection 1 includes the release of 30,000 boxing moments. Build your own digital collection of the biggest moments in boxing either by purchasing a pack from DAZNBoxing.io or via the marketplace.
www.daznboxing.io
Would you pay to “own” Efren’s Z shot? One of Darren’s explosive kicksafe shots? Boyes missing the 9-ball hill-hill? SVB raising the world championship trophy?
I can’t pretend I fully understand these things and have to admit I roll my eyes when I see it.
Most people don't understand NFT, and that's why you get such ignorant schemes with them. Even the people making them don't get why it's powerful.
I saw one that made good sense. You bought an NFT, it was a picture, limited to 100 or something, each a separate pic. The pics really were nothing but scribbly shit but think of them as a deed.
If you owned one of these NFT pictures, you could also participate in exclusive events, one on one training, exclusive access to certain things, think concerts etc. So they were a "secret handshake" if you will, gets you into all the exclusive stuff for whatever you bought it for.
Here's the thing, say you did this for someone who got really popular, you can sell your NFT (cause someone wants the benefits and it's limited to the 100 people). When you sell it you will probably get more money than you paid, since said person who sold it is now more popular. When you sell it, the artist/teacher/pool instructor/whatever gets a 10% cut of the money. Say you bought it from them for $10. Now you sell it for $100. Artist/whatever gets $10 and you get $90.
The whole point is they are a limited resource and most people squander that with stupidity, like a owning a tweet, a picture etc. It's the part that it's limited that makes it valuable. Think if elon musk made tesla nft pictures. You own that, you're guaranteed first place in line for new products. They would go pretty high for people chasing exclusivity and being the first to own something.
The whole point isn't the picture, but the bitchain saying you own it.
Think a high end car auction where to participate you must own an NFT originating from the auction house. People would sell their exclusive rights to bid to each other, make money, and the auction house gets a percentage. Want that rare care for your garage? You're gonna have to buy an auction number from someone who is no longer interested, or make them an offer they can't refuse.
EDIT: Could be used for seating at sporting events, you're seat is saved, can cost as much as a season ticket or whatever... you can give it away or sell it if you ever want to. It's exclusivity. It also doesn't have to be just for ultra wealthy things, it can be as simple as you can have 100 campers at a concert in your field. If it gets popular, you will get money on the re-sales. They also have to pay for the spot, the NFT is just a reservation that cannot be filled unless you give it up.
Lots of ideas.
