The Toronto Maple Leafs Enter The Crazy NFT Market

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
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Two weeks ago I found out that the Toronto Maple Leafs were issuing only 3,000 Carleton mascot NFT's at $ 25.00 each with the proceeds going to charity. So, why not, I rush in just before they're sold out and buy one. Reselling just began and some are already up $ 100 to 200 dollars. Could some NFT markets really have value or are they all based on the Greater Fool Theory ? What's wrong with getting in early and getting out before the mass exodus ? Any thoughts ?

 
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Frontstreet

Senior Member
May 16, 2016
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Toronto, Vancouver
Two weeks ago I found out that the Toronto Maple Leafs were issuing only 3,000 Carleton mascot NFT's at $ 25.00 each with the proceeds going to charity. So, why not, I rush in just before they're sold out and buy one. Reselling just began and some are already up $ 100 to 200 dollars. Could some NFT markets really have value or are they all based on the Greater Fool Theory ? What's wrong with getting in early and getting out before the mass exodus ? Any thoughts ?

Every asset class is based on the greater fool theory
 
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