{"id":10204,"date":"2022-04-19T21:17:46","date_gmt":"2022-04-19T21:17:46","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/collectibles\/skateboarding-nfts-and-the-explosive-rise-of-abd-collectibles\/"},"modified":"2022-04-19T21:17:54","modified_gmt":"2022-04-19T21:17:54","slug":"skateboarding-nfts-and-the-explosive-rise-of-abd-collectibles","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/collectibles\/skateboarding-nfts-and-the-explosive-rise-of-abd-collectibles\/","title":{"rendered":"Skateboarding NFTs and the Explosive Rise of ‘ABD Collectibles’"},"content":{"rendered":"
\n

\u201cDuring the pandemic, I got super into collecting Kobe Bryant cards and Pok\u00e9mon cards,\u201d professional skateboarder Mike Mo Capaldi told nft now, recounting how his upcoming NFT project came to be.\u00a0<\/p>\n

At 33-years-old, Capaldi was at the height of his skateboarding career when Instagram came onto the scene. Skateboarders, perhaps more than athletes in any other sport, had to get with the times or they\u2019d be left behind.\u00a0\u201cOur careers really were the bridge between the old model of skateboarding with magazines and video parts, and posting footage every day on Instagram,\u201d Capaldi added.\u00a0<\/p>\n

Given that the skateboarding industry isn\u2019t on a fixed time schedule, professional skaters risk fading off into obscurity if they don\u2019t post clips of themselves frequently enough on Instagram and other channels.\u00a0However, it may have been this necessity to digitize his career that prompted Capaldi to think outside of the box on his latest NFT venture.\u00a0<\/p>\n

Fully Flared<\/h2>\n

Before the social media age, professional skateboarders would release a video part of themselves every few years in order to showcase the tricks they\u2019d been working on. In the meantime, their fans would have to go to local skateboarding stores and purchase magazines to see pictures of their favorite professional \u2013 otherwise, it was radio silence until a video part came out.\u00a0<\/p>\n

In Capaldi\u2019s case, his rapid launch to skateboarding stardom came on the heels of his part in the 2007 video called Fully Flared<\/em>, which was co-directed by Spike Jonze. Jonze\u2019s involvement in the skateboarding film resulted in a higher level of production quality than had previously been seen in the industry, and Capaldi had the opening part at just 18 years old.\u00a0<\/p>\n

Fully Flared<\/em> not only put Capaldi\u2019s name on the map, but it put him at the forefront of the industry as one of the leading skateboarders of his generation.<\/p>\n

Now, he\u2019s leading the digital frontier of skateboarding into the blockchain.\u00a0<\/p>\n

Capturing historic moments in skateboarding\u00a0<\/strong><\/h2>\n

Capaldi\u2019s new venture entitled \u2018ABD Collectibles\u2019 is a series of 150 randomized NFTs, which contain one of 33 clips of Capaldi skateboarding in the iconic Fully Flared<\/em> video.\u00a0The professional skateboarder already released the first 50 of those 150 NFTs, which sold out within 60 seconds.\u00a0<\/p>\n

Purchasers of the NFTs may find the golden ticket of ABD Collectibles by opening a \u2018Legendary\u2019 status NFT, which contains the historic clip from Fully Flared<\/em> of Capaldi doing a switch kickflip down a set of stairs right before the staircase is blown up with explosives.\u00a0<\/p>\n

Mike Mo Capaldi with an explosive switch flip. Photo: Atiba Jefferson<\/em><\/figcaption><\/figure>\n

Those that open up the legendary NFT will also be sent a physical card, signed by Capaldi, which contains a piece of the shirt he wore in the infamous clip.\u00a0<\/p>\n

The acronym ABD is skateboarding nomenclature for the professional faux pas of doing a trick that\u2019s \u2018Already Been Done\u2019 by another professional within the skateboarding industry.<\/p>\n

\u201cWe called it ABD Collectibles because to me, it\u2019s already been done by the NBA, and by Pok\u00e9mon. You get a Michael Jordan card or a Kobe Bryant rookie card, and you\u2019re stoked. You don\u2019t necessarily do anything with it, you\u2019re just happy to own this card. However, nobody has done this within skateboarding.\u201d\u00a0<\/p>\n

\u201cThere isn\u2019t really anything that\u2019s related to skateboarding history. There\u2019s no prominent brand that hones in on old moments and makes collectibles out of them as we see with the MLB or the NBA. That doesn\u2019t exist,\u201d Capaldi explained.\u00a0\u00a0<\/p>\n

\"Mike
The physical version of Capaldi\u2019s collectible NFT series.<\/em><\/figcaption><\/figure>\n

For those that haven\u2019t paid close attention to Capaldi\u2019s career, his foray into the digital space may seem out of left-field. To others, it\u2019s clear that Capaldi has always been interested in taking the road less traveled.\u00a0For the past eleven years, Capaldi and his brother Vince have been running a successful eyewear company called Glassy, which started due to a similar observation to the one which prompted Capaldi to start ABD Collectibles.\u00a0<\/p>\n

\u201cJust as I\u2019ve recently realized that there\u2019s no skateboarding collectibles company, my brother and I realized in 2011 that there was no eyewear brand in skateboarding,\u201d Capaldi explained. \u201cThere was Oakley, and Nike also made some glasses, but there was nothing that was specifically made by and for skateboarders.\u201d<\/p>\n

From that moment Glassy Eyewear was born, and Capaldi and his brother leveraged their connections in the skateboarding industry to get the company off the ground and into the mainstream.\u00a0<\/p>\n

Now, Capaldi is taking that same entrepreneurial spirit to ABD collectibles.\u00a0<\/p>\n

\u201cI remember putting a Zion Williamson card up for sale online, and five minutes later I sold it. I got that card in a $14 pack and sold it in five minutes for $300. That\u2019s the power of collectibles. And then I just thought to myself, it\u2019d be cool to bring this format to skating. Then the NFT craze started happening, and this opportunity to merge all of my interests came up. I\u2019m really into like, just nerdy tech stuff. And to me, this is a big, nerdy tech project.\u201d<\/p>\n

Collectibles with utility: The future of ABD<\/strong><\/h2>\n

While Capaldi\u2019s interest in NFTs stems from his hobby of collecting physical cards, he recognizes the unique potential that digital assets have to offer a utility beyond simply being a collectible.\u00a0\u201cUtility to me is so important, and the more that the project is supported, the more we will build functionality into the NFTs. Right now, it\u2019s purely a collectible,\u201d Capaldi explained.<\/p>\n

\u201cBut to me, the true functionality of an NFT is almost like a password that only one person can own. So let\u2019s say, for example, that I did a limited rerelease of my first professional skateboard graphic with a special color. Maybe the only way you could get that is through owning one of those NFTs.\u201d<\/p>\n

Capaldi also floated the idea of giving NFT holders access to private skateboarding events.\u00a0<\/p>\n

\u201cMaybe we buy 100 tickets to a Street League skateboarding contest, and we have our own ABD section. There are drinks and food and if you have one of the legendary NFTs, then you get access to that zone. These are just ideas and it\u2019s very early days, but I think giving the NFTs a community-based utility is the right way to do it. Like having a secret password to a private club.\u201d<\/p>\n

For now, however, Capaldi is intent on simply turning historic skateboarding moments into collectibles. Though it is a balancing act.<\/p>\n

\u201cI want to capture every legendary moment within skateboarding that\u2019s ever happened. Any important part of skate history will become a part of our future releases. However, scarcity is also a big part of it. If you oversaturate anything, it\u2019s not gonna work. For example, I\u2019ll never have a series again. This will be the only series with me in it, and I won\u2019t be selling any additional pieces of my Fully Flared <\/em>shirt after this run.\u201d<\/p>\n

The next run of ABD Collectibles launches on April 20th.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\u201cDuring the pandemic, I got super into collecting Kobe Bryant cards and Pok\u00e9mon cards,\u201d professional skateboarder Mike Mo Capaldi told nft now, recounting how his upcoming NFT project came to be.\u00a0 At 33-years-old, Capaldi was at the height of his skateboarding career when Instagram came onto the scene. Skateboarders, perhaps more than athletes in any […]<\/p>\n","protected":false},"author":1,"featured_media":10205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-10204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-collectibles"],"yoast_head":"\nSkateboarding NFTs and the Explosive Rise of 'ABD Collectibles' | NFT & Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/collectibles\/skateboarding-nfts-and-the-explosive-rise-of-abd-collectibles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skateboarding NFTs and the Explosive Rise of 'ABD Collectibles' | NFT & Crypto News\" \/>\n<meta property=\"og:description\" content=\"\u201cDuring the pandemic, I got super into collecting Kobe Bryant cards and Pok\u00e9mon cards,\u201d professional skateboarder Mike Mo Capaldi told nft now, recounting how his upcoming NFT project came to be.\u00a0 At 33-years-old, Capaldi was at the height of his skateboarding career when Instagram came onto the scene. 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