Buying painting, pets and pottery has never been more exciting. Yes, we all have participated in an auction of some sort and bets of the other, at some point in time. But, this whole drama got a lot better when blockchain happened to digital assets. Who knew people would go bonkers over cartoon cats and virtual land.
Two of the biggest concepts of the past 1 year must be CryptoKitties and Decentraland. What amazing products right? Simple, beautiful, minimal, just like my phone. Just had to brag okay. The age of the minimalist design is now disrupted by technology in a way that it is possible to have it all and to own it all.
Earning in cryptos is a real thing, internet money has a name now, the number of coins and tokens has crossed 1800. The times are improving, awareness is enhancing and things are changing.
The concept of shared liquidity and digital scarcity has made it possible for the internet to offer protected, safe and uncopied, unique, rare items. These items are original. This does not only mean that the seller is selling real things or counterfeiting is made impossible, but also that what sold to you will be yours and nobody can take it away from you, until you let go, or give it to another. You are the boss here.
This gave birth to the notion of cryptocollectibles. These are artifacts that can be bought or sold on to the blockchain network, using cryptos to make these rare, unique items your own. A startup is dedicated to bringing to you and organised listing of the products available for your grabs. These include: Unicorns, elephants, Llamas and vendors such as:
- Ether elephants
- Lite Llamas
- Ether Tulips
- and others!!
Well here is the true story: This may never go out of style. Regardless if cryptos win or lose, collectibles are too good and most of the times too cute to let go off. Cultural value assigned to pure collectibles may perhaps, fluctuate. The value may change over time, but with future adoption of non-fungible tokens in traditional games this will remain a stable and desirable market gap. This also calls for new and newer types of assets being represented as NFTs. The industry is facing lesser risk than cryptos are, because these are a part of gaming and art. Matters of art are valued and allowed much more creative freedom than the concepts of money and national finances. So, collectibles are a safe bet? Yes, this is the gist of it.
Plus, it is the well branding and the more and more prop up of appearances and editorial space in pop culture, easily marketable nature and highly likable product in a maniac social media plagued world of today, it is nearly impossible to fail.
So, it could be the cutest and safest pet option? Perhaps.
I’d like me a unicorn. Would you?
What say ye, let us know!