Top Shot-first collector | Digital collectibles are ahead of their time. | Value is based on story and scarcity.

How I got here

What happened in early 2021 immediately made sense to me. NFTs as a whole immediately made sense to me and digital collectibles. It was clear that digital collectibles were going to be the future of collecting especially with these next generations that have less and less physical belongings and more and more digital belongings. They don't even carry physical cash anymore. You can talk about credit cards being digital but I'd say by March of 2021

Core belief

Every collectible starts somewhere.

Highest-conviction platform

It would be NBA Top Shot. The only way I would walk away from NBA Top Shot is if somehow all my collectibles were taken from me or destroyed. I would never come back. It's the security and peace of mind that my stuff is never going anywhere. I don't have to worry about: - floods - fires - a thief breaking into the house and stealing a safe - any of those things If I ever lost that safety of my collectibles, that would be the last straw for me to walk away.

Allocation logic

In 2021 my portfolio was 100% Top Shot and then over the several months after that it became increasingly larger with art. I'd say overall sports collectibles across several different companies is probably 50% and art, true digital art, is the other 50%. The logic is just mirroring what I collect in real life, which is: - 50% toys - 25% physical cards - 25% concert posters It's what brings me joy and sports and art bring me equal joy so equal parts.

The tension I hold

The biggest argument against them is the safety of the tokens: decentralization. What happens to the collectible if the parent company disappears? Do all the tokens just remain tokens without the art? That tension is the number one thing.

Theory of value

Scarcity, providence, and underlying story. Those are the three things that separate one digital collectible from another. I think that theory will stand the test of time because we've seen it in physical goods for a millennium.

What I'm building

The collectibles from this era in 10 years are going to be viewed the same way that people coming in in 2021 viewed CryptoPunks: - like they were the holy grail - like they were ahead of their time - like they were the reason why we're all here collecting right now That's the way people are going to feel eventually. Digital collecting is going to be such a larger part of what people collect moving forward so it's just going to make this era look better and better.

Physical vs. digital stance

Balanced — I hold both with equal intentionality

I still really really enjoy physical items and so I split my disposable income between those two things: digital and physical.