Thoughts on NFTs
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Thoughts on NFTs
Kind of crazy to see value dropping so dramatically these last few drops. HB2 you can basically get Legendary cards less then the cost of a premium pack. Is this trend going to continue or is there going to be a spike. Thoughts?
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Re: Thoughts on NFTs
The prices that follow drops do carry some hype to them imo…then when a new drop hits the market balances out.
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Re: Thoughts on NFTs
I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Premium packs are selling for $75ish and Epics are $30+
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Re: Thoughts on NFTs
CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Yeah, i think that is a weird anomaly. But with only 4 epics, price would be high anyway I think. I don't think sets have been high value since Halloween 2
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Re: Thoughts on NFTs
mongoose12 wrote:The prices that follow drops do carry some hype to them imo…then when a new drop hits the market balances out.
Actually take what I said and reverse it.
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Re: Thoughts on NFTs
CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Also 3 Freddy redeemable…ijs
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Re: Thoughts on NFTs
It’s always been the case that certain drops are high value balanced out by the more moderate ones. Even at the start you had TMNT super high, then Big Boy was inexpensive, and we’ve seen the constant up and down prices.
Epic prices really depend on the Freddy. A super popular Freddy like the Megazord is going to drive up prices, but average ones like Dig ‘Em keep prices reasonable.
Epic prices really depend on the Freddy. A super popular Freddy like the Megazord is going to drive up prices, but average ones like Dig ‘Em keep prices reasonable.
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Re: Thoughts on NFTs
Many ppl including me thought HB2 drop was pretty lackluster. Just depends on how cool the Freddy Royalty or Redeemables are. Has to be bomb
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Re: Thoughts on NFTs
Idk if its worth it the process is complicated. I gave up on it I just wait for prices to drop and I am spending less then what it took to get the NFT
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Re: Thoughts on NFTs
Yeah I think it really depends on the series and redeemables offered. I do think people were selling off some previous cards to buy into April Fools packs if they missed during the sale.
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Re: Thoughts on NFTs
I agree with this. I didn't expect much from the April Fool drop , but now I'm trying to sell what I can to complete set.kihou wrote:Yeah I think it really depends on the series and redeemables offered. I do think people were selling off some previous cards to buy into April Fools packs if they missed during the sale.
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Re: Thoughts on NFTs
I liked the april fools drop
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Re: Thoughts on NFTs
I liked the april fools set. I got 2 eggs, but I should have invested in the epics. I was just trying to get more chances at the grail so I got another pack or two but they had almost nothing. XD So I'm stuck without any epics at all.
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Re: Thoughts on NFTs
To me, it all depends on what’s being drop and the demand popularity seems to determine the price. I wouldn’t worry to much nft’s are well liked among the masses.
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Re: Thoughts on NFTs
It’s crazy how you can get LE numbered redeemables for around $25 which is basically the price of a pop plus shipping from Funko.
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Re: Thoughts on NFTs
I think it's about the hype and what people want. I didn't see to many people want the redeems for HB2 but everyone wanted the horror stuff or the Halloween drops and even the April fools drop. It's all about what the people want more and that's when you start seeing higher prices for legendary and grails. Expect some drops to be like HB2 with not expensive redeems but then expect other drops like Halloween to have higher priced redeems.
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Re: Thoughts on NFTs
Westlos420 wrote:It’s crazy how you can get LE numbered redeemables for around $25 which is basically the price of a pop plus shipping from Funko.
I need to buy a few at that price.
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Re: Thoughts on NFTs
Drop popularity always baffles me. Drops that I think were going to be hot and impossible to grab were relatively easy. Drops that I thought no one was going to have interest in sellout quickly. Hard to gauge unless it's anime.
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Re: Thoughts on NFTs
The amount of packs has had some impact on prices as well. Certain sets have had WAY too many packs imo and then they have to burn the remainder. I know that happened with House of the Dragon, but didn't seem to hurt the secondary prices too much. The really niche sets like Sid and Marty Krofft and even HB2 were just that.. very niche and the prices reflect that.
I like what they did with the April Fools set and kept the supply a bit lower and I think that's why the prices are inflated a bit. As of writing this 70% of the standard and 80% of the premium packs have been opened.
I like what they did with the April Fools set and kept the supply a bit lower and I think that's why the prices are inflated a bit. As of writing this 70% of the standard and 80% of the premium packs have been opened.
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Re: Thoughts on NFTs
Universal_ghost wrote:Westlos420 wrote:It’s crazy how you can get LE numbered redeemables for around $25 which is basically the price of a pop plus shipping from Funko.
I need to buy a few at that price.
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Re: Thoughts on NFTs
ssklansky wrote:Kind of crazy to see value dropping so dramatically these last few drops. HB2 you can basically get Legendary cards less then the cost of a premium pack. Is this trend going to continue or is there going to be a spike. Thoughts?
Interest of specific pop has a big play into the value as well, look at the HOTD legendaries compared to the grail, the grail value has been solid since the drop.
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Re: Thoughts on NFTs
ssklansky wrote:Kind of crazy to see value dropping so dramatically these last few drops. HB2 you can basically get Legendary cards less then the cost of a premium pack. Is this trend going to continue or is there going to be a spike. Thoughts?
Kind of to be expected though, no? All NFTs have gone through a boom peak then settled into a steady floor.
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Re: Thoughts on NFTs
Not really shocked, NFTs are very volatile like crypto currency AND NFTs have to appeal to the collector. If a set isn't popular, it's going to be worth less.
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Re: Thoughts on NFTs
I like to collect so this is another line to chase for me
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Re: Thoughts on NFTs
ssklansky wrote:CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Yeah, i think that is a weird anomaly. But with only 4 epics, price would be high anyway I think. I don't think sets have been high value since Halloween 2
Yeah H2 was the last big one. All the others seem to have taken a dip. I almost feel like buying the card and redeemable are better then ripping packs. Look at Nick 2, I only wanted Rocko and Bighead. Just simpler to buy the cards and be done.
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Re: Thoughts on NFTs
Batcavehero24 wrote:Many ppl including me thought HB2 drop was pretty lackluster. Just depends on how cool the Freddy Royalty or Redeemables are. Has to be bomb
I only collect certain franchises or even character within a franchise so it makes it easier to pick and choose. If I don't like the royalty I won't even by packs, I will just by the redeemable cards.
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Re: Thoughts on NFTs
mongoose12 wrote:CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Also 3 Freddy redeemable…ijs
There is only one 2 redeemable + Royalty unless I am missing something.
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Re: Thoughts on NFTs
Beaniiman wrote:mongoose12 wrote:CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
Also 3 Freddy redeemable…ijs
There is only one 2 redeemable + Royalty unless I am missing something.
thats what i was referring to, the royalty is an item you can redeem.
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Re: Thoughts on NFTs
CaseyJones14 wrote:I mean you can look at the April Fools set and see that changed already
Premium packs are selling for $75ish and Epics are $30+
I still have 2 premium packs of April Fools to open. I'm just trying to finish a couple of royalty sets 1st. Obviously hoping for a grail. Hit the grail in premium pack of HOD. Probably get rid of that one
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Re: Thoughts on NFTs
I don’t mind the lower values because they’re more attainable for me
- I think if you’re looking from a value standpoint, every new line/wave/etc has the same hype curve. High when it’s new, then people get used to it or even overwhelmed, then when it’s been forgotten and sits in the hands of forever homes, value climbs back up. Same cycle it seems.
- I think if you’re looking from a value standpoint, every new line/wave/etc has the same hype curve. High when it’s new, then people get used to it or even overwhelmed, then when it’s been forgotten and sits in the hands of forever homes, value climbs back up. Same cycle it seems.
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Re: Thoughts on NFTs
It's really just like any collectible - physical or virtual. Supply and Demand driving everything over time. FOMO and other behaviors (market timers, flippers, etc.) skewing demand and value at times - usually upon initial release.
I think the lasting "value" of the NFTs will align to the popularity of the brand. Collect what you love because you love it. Not because you think you're going to get rich from it. If you're looking at these as long term investments - best of luck to you. You might get lucky with some that appreciate over time, but most will decline in value as demand wanes.
I think the lasting "value" of the NFTs will align to the popularity of the brand. Collect what you love because you love it. Not because you think you're going to get rich from it. If you're looking at these as long term investments - best of luck to you. You might get lucky with some that appreciate over time, but most will decline in value as demand wanes.
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Re: Thoughts on NFTs
ssklansky wrote:Kind of crazy to see value dropping so dramatically these last few drops. HB2 you can basically get Legendary cards less then the cost of a premium pack. Is this trend going to continue or is there going to be a spike. Thoughts?
I’m an avid collector, so the the lower the better for me
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Re: Thoughts on NFTs
I’m hoping to see new sets. Skipped the last couple of drops. Miss April fools, lost track of time by 10mins. For me the Freddy drops are my favorite. Halloween 1 and 2. April fools but prices are two much now.
For any other drops if I buy packs on release the epics are what will keep me going or stop me. If I need only a couple to complete I’ll finish it but if I got 1 or 2 and it’s a 10-12 epics to finish. I’ll probably stop
For any other drops if I buy packs on release the epics are what will keep me going or stop me. If I need only a couple to complete I’ll finish it but if I got 1 or 2 and it’s a 10-12 epics to finish. I’ll probably stop
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Re: Thoughts on NFTs
I really think it depends on the license. Also the number of packs is a large determinant, supply and demand. Fortunately for me I collect Teen Titans Go! and those prices are super low.
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Re: Thoughts on NFTs
DrunkoPop wrote:ssklansky wrote:Kind of crazy to see value dropping so dramatically these last few drops. HB2 you can basically get Legendary cards less then the cost of a premium pack. Is this trend going to continue or is there going to be a spike. Thoughts?
I’m an avid collector, so the the lower the better for me
I here you, less ripping more buying the cards.
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Re: Thoughts on NFTs
Sarcasticguy wrote:Not really shocked, NFTs are very volatile like crypto currency AND NFTs have to appeal to the collector. If a set isn't popular, it's going to be worth less.
I agree 100%. I think the craze has died down. To think at some point in time there was a bored ape nft worth as much or even more than some da Vinci paintings is crazy to me.
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Re: Thoughts on NFTs
Big fan of the NFT pops, but wish it was easier to buy on atomic hub. Had a hard time at first getting waxx in order to buy on secondary
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Re: Thoughts on NFTs
stayf3d wrote:Big fan of the NFT pops, but wish it was easier to buy on atomic hub. Had a hard time at first getting waxx in order to buy on secondary
I think it should get better along the way
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Re: Thoughts on NFTs
Will the next drop announcement be this thursday or friday?? What do you think?
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