To show you all just how nutty the world of crypto & NFT’s are, I’m presenting to you this post. It was a mere 23 days ago, when I popped up the write up below.
In it I discussed how I was lucky enough to snag three of Veve’s McFarlane Batman Black & White NFT’s back in March for the cost of around $80 bucks a pop. With McFarlane being my all time favorite comic artist along with holding an enormous amount of respect and admiration from a large population of the comic world, I thought it was a smart play.
Well just a mere 23 days ago in that piece above, I discussed how the McBat’s were creeping towards the $3000 mark, which was truly badass. What’s even more badass is that just 3 weeks later, those very same McBat’s have a floor just shy of $6000!!!
It’s pretty wild to watch these things take on a life of their own. It seems lots of Veve assets, including many of the Batman Black & White’s, are pumping hard. The Eduardo Russo one which happens to be the very first of the physical statues released way back in I believe 2004, seems to be creeping towards $15k!!!
Definitely makes me wish I would have been a bit smarter and less hesitant in securing more of these. I feel as though I’ve been a tad conservative in “fully committing” when it comes to my crypto investment hunches, and it’s why I’m pushing all my chips in when it comes to Splinterlands. Not making that same mistake again.
But for now, it’s definitely cool to see the floor rising as the lower priced ones get devoured. I hope Veve figures out what I find to be 2 glaring problems with their lines though. I know they are supposed to be working on withdrawing off their platform. That is a big issue that I do think needs to be rectified sooner rather than to later.
The other is to give these things some form of utility. I don’t know what exactly, but it’s GOTTA do something…right?!? It’s why I love the utility that my Splinterlands assets give me. I can use em to battle in game, to earn rewards daily, rent em out, buy & sell, and soon I’ll be able to utilize em on lands. They hold some form of utility which I think will be key down the line in the NFT space.
As a collector and reseller (through my comic shop) of the physical statues for around 15 years, my dumb brain has a hard time deciphering how the digital version seems to command nearly 15 times its physical counterpart. But, it is what it is and my tiny dumb brain has to try to learn the ropes as I go I guess. I just wish these did something…maybe earn you exclusive access to limited edition exclusive variant cover comics…or discounts off of DC merch. Something….
I might be sounding a bit harsh on Veve, but it’s because I like what they seem to be doing there…mostly. Their licensing is very reminiscent of Funko to me. Funko has dominated the Vinyl collectibles scene due in part to their wonderful catalogue of awesome licenses at their fingertips. I think Veve is adding lots of great licenses…I just…want their NFT’s to do something dammit!!! 😜
Maybe in time that will happen, or maybe these will just remain “collectible” for the sake of being “collectible”. Regardless, I’m going to hang onto these badboys for a bit. But if these mofo’s hit over $10k each at a time where we are allowed to withdraw our funds properly and easily….my plan is to move at least 1 of my 3, but no more than 2, and put the funds directly into more Splinterlands Plots of Land.
The idea of being able to mint my own NFT’s with utility in a growing project is just too appetizing. Run free McBat…to the moon with you!!!
Blewitt
