by R.A. Rowell
Due some serious allegations against MLB Champions and their developer Lucid Sight Inc., I would NOT recommend investing in this game just yet. However, hopefully the allegations are false and this blows over. Until things get settled, use caution with this product.RSS Feed
While digital collectible bobbleheads aren’t a new thing, what MLB Champions, the crypto collectible fantasy baseball game, seems to be an exciting development. Talk about crypto collectibles becoming a permanent part of gaming has been widespread, but MLB Champions is the first mainstream example that we’ve seen of this not only being well executed, but also successful. These MLB digital collectibles are likely just the beginning of fantasy sports meeting crypto collectibles on the blockchain.
Here’s an article from Stansberry Pacific from April 2019, where the author boasts about the potential triple digit percentage returns he could realize from a Shin-Soo Choo bobblehead that he bought through the MLB Champions marketplace.
The link in the article doesn’t properly link to the Shin-Soo Choo bobblehead that the author mentions (it links to an Oakland Athletics player Luis Barrera). But, it doesn’t take long to see that there is a very active market on MLB Champions. Choo did, in fact, have a decent MLB season, but for a fairly poor Texas Rangers team. (When I find the Shin-Soo Choo, I'll let you know how it performed on the market.)
With a buy-in as low as $5 for some diamonds with which to buy packs, it’s not at all expensive to get started with these MLB digital collectibles. The best part is that MLB Champions has its own marketplace if you end up with players you don’t want. Even commons can sell for $5, meaning you can recoup your investment very quickly. Yes, you do need an Ethereum wallet to make trades or send gifts to other players, but it’s becoming less complicated every day (I use Enjin Wallet and Trust Wallet personally).
Of course, my favorite thing about MLB Champions - besides that it’s made up of digital bobbleheads that accumulate the stats of their real-life counterparts and can earn you rewards - is that you have true ownership of the bobbleheads you acquire. They are unique collectibles with various attributes and rarities. For me, it seems like a very low entry for a potential very high return - very possibly the triple-digit percentage type returns that the Stansberry Pacific article boasts.
In fact, the 2018 version of the MLB Champions collectibles shot up from an average of $5 to $22 between just December 2018 and January 2019. So, if MLB Champions becomes even just a bit more popular, it could become a nice alternative to traditional sports collectibles such as sports cards. MLB Champions is a digital collectible game that I plan to play in the future. In any case, I’ll be keeping a close eye on these sports blockchain collectibles for the Journal. It seems to be a great way to get your feet wet in the world of Ethereum blockchain collectibles.
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R.A. Rowell is a collectibles enthusiast who comes from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, both on the blockchain and off.
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