THENFTKID⭕ retweetledi
EVERYBODY LOVES DIGITAL COLLECTIBLES, NOBODY LIKES NFTS
collecting digital items is now mainstream. and we slept through it. some nft heads have enjoyed trading counter strike skins and items last few years, but that was niche. digital collectibles are much bigger now.
"pokemon TCG pocket" is a mobile-only app, inspired by the physical cards but completely separate. people log in every day, get some free digital cards, and then they can buy more. then they can swap cards with friends to complete sets (but players can't sell their own cards for money!)
recently the app celebrated its first birthday. revenue in the first year? $1.3 BILLION DOLLARS. that's for digital cards no one can touch and no one can ever sell. you just stare at them on your phone screen. there's a battling system ("the game") but it's incredibly basic. people generally just collect to collect. the main mechanic is buying packs and observing your new cards.
meanwhile on roblox kids are creating new games with in-game items that players can collect. weird characters with names like "brr brr patapim" and "strawberry elephant". then when they hit a rare one they go on ebay and list it. there's a booming economy of this stuff. entirely digital, no "utility", just flex value
trading volumes on these digital collectibles is probably much higher than NFTs even though each item is much much cheaper, and even though there's a ton of restrictions on trading them. nobody cares that trading is hacky and a huge chore or that "you don't truly own it". they just want to collect.
and generally most of those collectors HATE nfts. they hate when the name is even brought up. when rumors were going wild a year or two ago about the pokemon company possibly launching a sui-based nft app, the 300 people on CT who care about sui were ECSTATIC but every other pokemon fan in the world was yelling on youtube and instagram that they'll never touch pokemon again if it happens. needless to say the hit TCG mobile app that generates $1B+ has nothing to do with crypto and nfts
i'm also paying attention to yuga labs launching their new otherside drop later today on amazon. you don't mint it with ETH or APE on opensea. you pay with your credit card on amazon. anyone can buy it. and the term nft doesn't appear anywhere. that makes it accessible to the world.
telegram has "gifts" which are actually tradable as nfts on TON if you really want to, but the primary sales are in-app, you pay with your credit card, and most users will probably never try to use them onchain. the term "NFTs" is avoided religiously.
to make a long story short what i'm trying to say here is that people really love digital collectibles now. they're a huge hit. nft communities that are good at storytelling, world building, attention, etc have a real shot there. but they'll have to stop using that term NFT. no one likes that. don't fight the people that want to buy your stuff. they don't care about "decentralization". they want to collect. are you gonna let them?
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