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posted 2 years ago by lcdrdata 2 years ago by lcdrdata +1 / -0
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– lcdrdata [S] 1 point 2 years ago +1 / -0

What issues do physical collectors have when collecting baseball card or even antiques?

Real Life Situation:

  1. Magic The Gathering (trading card game) mints like 2000 Rare Black Lotus cards.
  2. Collectors get into them 10 years later and start to ponder...

How many of that Black Lotus cards remain? How can you verify it is legit? What was the last one sold for? To who? Can you verify yours specifically? How? Where do you take it? How is it verified? Does someone else need to verify it for you? Can it be faked? How? If it is real and verified how can I keep it safe? How can I send it to others? How can others send it to me?

Now if you're into collecting anything all those questions are extremely important.

Don't believe Magic the Gathering is rare? Try $150,000 for a Black Lotus physical. https://gamerant.com/rarest-magic-gathering-cards-most-expensive/

Okay, before I get into giving you links to history, or how communities formed or even how cryptographic transaction can solve any of these questions.

Lets looks the historic Trump influenced token I included in the OC post, CHYNAPEPE. Here is the public blockchain data for CHYNAPEPE: https://xchain.io/asset/CHYNAPEPE

As we can see on the Asset information we have some questions from before already answered on the data.

  • This card is not Divisible (cannot be 0.01 of a card, has to be a whole number).
  • This card's supply is LOCKED at 130 total. Which means only 130 total whole number CHYNAPEPE's can exist at all.
  • This card was issued by address: 13Mpz1EoP2wi1nGGwZt4kQ7hfxRmBRToKc (who happens to be an artist named Cryptonati)
  • Any sending, buying, selling or storing of this card is PUBLIC and show in markets and in dispensers.
  • This card is also officially/verified to be part of the Rare Pepe Collection.

So - without anybody else's help we have ALOT of useful information about our asset publicly online, that you would NOT get from a physical piece unless it was heavily certified by a reputable source.

Before I give you links and information let me be clear about CHYNAPEPE by Cryptonati. I am not Cryptonati, I am davesta. An artist that minted my own 'token' in 2016 submitted it to the first ever digital collectible collection that ever invited worldwide anonymous artists to participate.

Just for reference, this was in 2016. We are now in 2022 with Trump minting NFT's. Did you know Melania minted a few NFT's over a year ago? Don't believe me? https://melaniatrump.com/nfts

There are all types of projects and communities nowadays, but before you judge something you dont know, educate yourselves on the history of this space.

https://whiterabbit1111.medium.com/the-origin-digital-antiquities-market-nfts-1ea9b69c03f9

While you've been told this space is filled with scams and bullshit, thats very true. But there is one thing you can do before buying or selling anything, VERIFY.

That's the point of a digital collectible, it is instantly easy to VERIFY all aspects I mentioned before.

Always Verify, do NOT Trust. That is our motto.

Now I have been replied to by mods and people alike, this is not an advertisement for anything. This is a PSA for you to look into how this stuff works, not just say

"oh its a scam and not worth anything"

If you did, it would show you had no interest in researching this space and you would also be very far from the truth.

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– deleted 1 point 2 years ago +1 / -0

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