Just a few reasons why I decided to invest over $1.5 million dollars in the last 12 months on the
#paniniblockchain
1. Immediacy - You buy it, you get it immediately. Can sell immediately if a player is having a good game.
2. Trust - No counterfeits. No pack weighting. No trimming. No CT scanning. Ownership is beyond dispute: title passed free and clear.
3. Durability - Won’t biodegrade. No worrying about the condition of your collectible. No way to get destroyed in a fire or flood. Can display on your mantle without concerns of discoloration.
4. Sustainability - No killing of trees. No waste. No pollution. No massive trash cans fullof plastic wrappers.
5. Lower Total Cost of Ownership and Time Saving - No grading. No storage. No shipping. No organization.
6. Transparency - Everything is numbered, removing ambiguity around supply. Everything is stored on a ledger: time stamps, parties involved and price, removing ambiguity around ownership.
7. Opens up the market globally - People outside the US can buy packs and singles without cost burden and risk of international shipping.
8. Product Innovation - Physical is limited by paper stock. NFT gives you a product that can be animated, have sound, be burned, be crafted, be staked, have dynamic statistics, etc.
9. Utility - NFTs have more value than the collectible itself. Can be used to acquire additional NFTs, physical cards/memorabilia, access to events and games, gaming, fantasy sports, etc.
10. Skin in the Game - Panini makes money off the secondary market, so incentive to make the marketplace experience great. Also incentive to keep balance in the supply/demand equilibrium (so far all base cards numbered and fewer variations per release).
@SingaporeTexan