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Author Topic: Which do you prefer? Physical or digital collectibles?  (Read 332 times)
minerjones
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June 01, 2023, 11:20:58 AM
 #21

I prefer phygital....  like the CryptoKaijus! Cheesy
They come in physical and digital form

https://cryptokaiju.io/

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June 01, 2023, 12:26:06 PM
 #22

 To be honest...I prefer both....Love my digital Bitcoin in my physical items but now I also love even more the NFTs on Ordinals!

   I mean...You have Bitcoin and digital embeded images on Bitcoin blockchain on one coin...how can you not like?

   Even if the NFT or image was not on the coin, I love my Ordinals and BRC-20 tokens just as well...as they are all part of the Bitcoin blockchain forever! Cheesy

I have one NFT . . . from krogothmanhattan! but its with a physical!

I havent looked into the "ordinals" "craze" but what k says above it kind of sounds cool,
to me the kicker is " ... on the Bitcoin Blockchain" this would obviously cut out all
the messy business with NFT's

For me though Physical trumps digital maybe its predominantly older generation thing,
Would younger generations prefer digital collectibles I wonder?

R


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June 01, 2023, 12:29:44 PM
Merited by minerjones (1)
 #23

I prefer phygital....  like the CryptoKaijus! Cheesy
They come in physical and digital form

https://cryptokaiju.io/

This is such an awful word though "phygital"

You, sir, are in possession of the best and coolest name ever (I may be biased)

PhysiBits


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June 01, 2023, 12:37:35 PM
 #24

I've spent time in both worlds and Physical Art and Collectables will always be better to own and enjoy IMO.

With that said, some of the BTC/XCP NFT's are worthy and definitely collectable. NFT's did start on BTC so there's a place on the shelf and in the story.
I've made many XCP based tokens and works myself as, once "minted" using XCP, all actions take place on the BTC chain, very cool.
As for Ordinals and Stamps. They were inevitable and, if anything nothing new in many ways. Personally I am not a collector of either but I'm not going to tell people how to use an Open Protocol, thats not how this all works.

But as many have noted, the wider NFT scene, esp on other chains, is an utter shit show. But, if trading is your game and you know how to play it, it can be quite lucrative. But that's not a Collectors mindset now is it?  Wink

It's good to experiment and learn about these things and the various technolgies in and behind them. Information is power.

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June 01, 2023, 04:32:25 PM
 #25

I have 0 interest in nfts. Nothing better than a graded coin loaded with btc Cool collectible Bitcoin notes, cards, magazines etc are equally amazing

Grading companies could join the NFT hype by issuing a digital version of your graded collectible. You'd have both the physical graded coin slab, as well as, an NFT version of it. But I doubt they will do this, especially when most NFTs are a gamble these days. With data stored on centralized servers, you can easily lose your precious NFTs in an instant. It's not like a physical collectible that you can preserve for years with proper care. People have even gone as far as making NFTs linked to tweets made by someone on Twitter, when all of that data could easily fade away into oblivion.

It's a wild and crazy world out there, so I'd expect the NFT hype to last for quite some time. At least, we know physical collectibles won't be going anywhere soon. Who knows if they'll outlive NFTs in the long run?  Roll Eyes

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June 01, 2023, 05:35:24 PM
 #26

I used to hate the idea of digital collectibles but I like them now so long as they serve a purpose. That purpose could be like a ticket stub, showing you were present for an event, or an active ticket to be able to access online games or services…

The problem with physical collectibles is that you have to store them somewhere. If they are expensive you’ll probably even store them somewhere you never get to see them.

So I think digital collectibles have the potential to be more fun and useful.

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June 01, 2023, 06:09:14 PM
 #27

The problem with physical collectibles is that you have to store them somewhere. If they are expensive you’ll probably even store them somewhere you never get to see them.

Take a picture of it, now it's like an NFT you can look at.
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June 01, 2023, 07:32:39 PM
 #28

I have 0 interest in nfts. Nothing better than a graded coin loaded with btc Cool collectible Bitcoin notes, cards, magazines etc are equally amazing

Grading companies could join the NFT hype by issuing a digital version of your graded collectible. You'd have both the physical graded coin slab, as well as, an NFT version of it. But I doubt they will do this, especially when most NFTs are a gamble these days. With data stored on centralized servers, you can easily lose your precious NFTs in an instant. It's not like a physical collectible that you can preserve for years with proper care. People have even gone as far as making NFTs linked to tweets made by someone on Twitter, when all of that data could easily fade away into oblivion.

It's a wild and crazy world out there, so I'd expect the NFT hype to last for quite some time. At least, we know physical collectibles won't be going anywhere soon. Who knows if they'll outlive NFTs in the long run?  Roll Eyes

  I agree....lots of NFT's on chains that the images are not on and they can easily be changed or removed.

  But that's why I like Ordinals...as the images for those NFTs are embedded into the Bitcoin Blockchain forever!

  That to me is the way a real NFT should be...once uploaded it will stay there forever and can never be manipulated in any way Wink

   

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June 01, 2023, 08:52:42 PM
 #29

Definitely physical!  I jist never got into nfts maybe it's just jealousy 😂

No seriously for being able to display something in real life is what always got me into any collectable.  The shinier the better!  I know a lot is leaning more into digital but maybe I'm just too old for those new tricks.

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June 01, 2023, 10:36:27 PM
 #30

    What is better than to have a Digital Currency have a sibling underneath the hologram in the form of an NFT Image?

    Both Digitals...onchains and in a physical capsule to keep each other company!  Cheesy

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June 02, 2023, 04:03:05 PM
 #31

I used to hate the idea of digital collectibles but I like them now so long as they serve a purpose. That purpose could be like a ticket stub, showing you were present for an event, or an active ticket to be able to access online games or services…

The problem with physical collectibles is that you have to store them somewhere. If they are expensive you’ll probably even store them somewhere you never get to see them.

So I think digital collectibles have the potential to be more fun and useful.

Maybe. If the content of a digital collectible is preserved forever, nothing can go wrong. You can pass on those collectibles to future generations by making a backup of the keys or seeds linked to your wallet. One of the main benefits of digital collectibles is portability. You can carry hundreds, or even thousands of digital collectibles without taking too much physical space. They can be stored on a tiny piece of paper or even a microSD card. All you need is the key or seed linked to the wallet holding the collectibles.

I still prefer physical collectibles because of their tangibility. You can touch or see them anytime, even when there's no electricity or Internet access at all. Both types of collectibles have their own advantages/disadvantages, so ultimately you decide which ones to keep for your own convenience. I'd be surprised if NFTs are still a thing decades from now. Grin


  I agree....lots of NFT's on chains that the images are not on and they can easily be changed or removed.

  But that's why I like Ordinals...as the images for those NFTs are embedded into the Bitcoin Blockchain forever!

  That to me is the way a real NFT should be...once uploaded it will stay there forever and can never be manipulated in any way Wink

That's awesome. But storing data on the main BTC blockchain itself would bring congestion issues in the long run. Some say Bitcoin Stamps are even worse than Ordinals inscriptions as they take a lot more space on the Blockchain. I really hope they don't become popular, or BTC will become super expensive for daily payments. I'm afraid the NFT craze is only starting, so hold on tight as this is going to be a wild ride. Wink

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June 02, 2023, 04:31:07 PM
 #32

The problem with physical collectibles is that you have to store them somewhere. If they are expensive you’ll probably even store them somewhere you never get to see them.

Take a picture of it, now it's like an NFT you can look at.

You left out the part of my quote where I talk about digital collectibles being cool if they have a use. Looking at a picture isn’t a use to me. It seems like you are likely unaware that digital collectibles can serve purposes. Using my own offerings as an example, a digital collectible like a NastyFans seat would enable you to collect BTC distributions or vote on club polls. That is a digital collectible with a use. I also offer them in physical form, which makes their ROI lower but some people want physical over digital and pay extra for that. They both have their advantages. However, having a picture of a physical NastyFans seat is worthless.

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