Baseball Card NFTs - Topps Series 1 NFT Giveaway

Around 3 years back, Dodgers came up with the digital bobbleheads. The digital blockchain bobbleheads were giveaway collectibles. MLB NFTs have come a long way since then. Topps, whose Mickey Mantle rookie baseball card sold for a cool $5.2 mn recently, will be creating digital baseball cards for collection and trading in the cyber space. In a few hours from now, Topps in association with Worldwide Asset Exchange (WAX) will be releasing NFT baseball cards. Standard and premium card packs will be available with artwork from the Topps Series 1 physical series. 

Will there be a TOPPS MLB NFT giveaway? 

Looks like the first people to sign up might actually get a digital collectible. Check out the Topps twitter for the latest

https://twitter.com/ToppsDigital 

Digital Collectibles are the way ahead. From what I understand, the earlier one gets on the digital bandwagon, the more the chances of getting a good price on the rare and limited tokens. Each non - fungible token will have its own unique ID and each will be a non-replicable collector item. What makes these digital tokens valuable is that there will be limited numbers of them and each will be unique. 

All one needs is to pay for them and download them to be added to the crypto wallet.

The MLB NFTs can be found at the MLBc App for secondary market trading, plus there are quite a number of private traders that one comes across on twitter. 

You can always try you luck for a giveaway and maybe you will be the one to strike gold with a rare collectible!

Others have also got onto the NFT bandwagon. Even Tom Brady is going the NFT way with an initiave called "Autograph". So will it be autographs of sports and rock stars?

Check out the Topps MLB NFT collectibles here

https://toppsmlb.com/

Here is where you can create the Wax Wallet cryto account.

https://on.wax.io/wax-io/

More on NFTs

https://momposition.blogspot.com/2021/04/what-are-non-fiungible-tokens-nft.html

What are Non Fiungible Tokens? NFT - Opportunities and Threats

Lets break down Non Fungible. It is such an interesting term that its meaning is bound to arouse some curiosity.

Non Fungible of course comes from Fungible. Fungible is derived from the Latin word "Fungi."

As per online dictionaries, fungible means mutually interchangeable. Something that can be substituted by something similar of equal value. "Similar" and "equal value" are the key words that render the fungible goods interchangeable. 

One great example that I found is that your House may not be fungible, but the dollars with which one buys it is. 

Now coming to the context of NFTs.

The normal cryptocurrency 

Cryptocurrency is a digital, virtual currency. Bitcoins are the most recognisable of them. They are enabled by the blockchain technology. They operate out of the normal banking system, so the user base is still limited to those with an understanding of the digital world. However you dont really need to know coding to own cryptocurrencies. One can buy them using normal transactions. However each place has its own legal implications with regard to trading and mining cryptocurrencies.

It was a matter of time before crypocurrencies became more specialised. There comes NFTs. 

Can you believe it, in the world of NFTs, a cat, or more appropriately a kitty, assumes a significant role. Crypto Kitties, creating and selling digital art of kitties, is the basis of one type of non fungible token. Cryptokitty is a video game where one can collect or breed ones own furry friend!

So is there opportunity in owning NFTs or Cryptokitties?

https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

It is early days yet. But the experience of bitcoins have showed, the opportunities are immense. Newer and more complicated NFTs are going to come into effect, some will take off, many will fall by the wayside. Cryptocurrency mining is limited, so the more people show an interest, the harder and rarer it will be to come by thus increasing its value. What makes NFT even more rare is that each one is supposed to be unique.

Like a collector of rare arts and artefacts, each NFT will have its own space on a collector's shelf, in an ideal world. Other than graphics, tweets, videos, green ideas are some stuff that are on the way to be NFTS.

So watch out! and err... keep mining or ..loooking out for virtual gold.

This one sold for more than 6 mn USD!!!

https://niftygateway.com/itemdetail/secondary/0x12f28e2106ce8fd8464885b80ea865e98b465149/100010001

Sm R

What Does Non Binary mean?

To understand what is non binary, one has to be clear what binary means.

Binary comes from bi - or two , two choices, options or alternatives. A binary number system is when your choice is between zero or one. Binary gives you just two alternatives, one versus another, two choices, etc .

So from that one can safely say non-binary means when the alternatives are more than two. 

In recent times non-binary is being taken to refer to gender. A non -binary person could mean someone who doesn't identify with the traditional binary gender system of male / female, but identifies with an alternate sexuality. It comes under a spectrum of gender identity that is being accepted widely now with the conventional masculine / feminine falling at either end of the spectrum.

Going into non - binary further, life is not "either" or "or" or black and white. The majority of life is somewhat grey, somewhere in between "either" or "or", which would perfectly describe non - binary.

Non- binary is increasingly coming with it's own vocabulary, beyond he and she, her or his. The scope for gender neutral language seems to be immense and presents a novel opportunity for linguists and grammarists. 

What else can non binary entail or challenge? Traditional modes of address, clothings, roles in society, life, customs? Can it challenge the big "R"? Or Religion, which is the last to ever embrace change, if it ever does? 

What is Archegos? Why is it in news?

 What is Archegos? 

Archegos is a private investment firm, hedge fund, family firm call what you will.

It came in the news after it botched up spectacularly and went down in a cascade like a terrible April Fool joke gone wrong.

When these investment firms come undone, one hears of ridiculous figures of losses that are stunners for the lay men. It is like a competion among big losers to add one more zero to outdo the other in losses. How many zeroes in a billion? let us add one more to make it more... and more. 

But wait, we have come to see that in the world of High Finance, the more you lose, the higher you are rated. 

Apparently so was the case with the owners of Archegos, who had a history apparently of financial wrong doing. 

Then how were such big names in the investment banking world like Credit Suisse and Nomura left holding those empty bags as the erstwhile Tiger slipped away? Well you go back to the theory - the bigger a loser you are, the more your ability to maipulate (apparently) and the higher you are rated for even the big bosses to look up to you!

Check out some of the interesting stories of Archegos' rise and fall here!

https://slate.com/business/2021/03/archegos-capital-management-dumbest-financial-story-2021.html