VIP Class Notes (Tibo) [s]

digital collectibles

do you think digital collectibles have a future?

For some online stores.
Actually I buy some dog’s food and some paper and milk and food something like that.
I am not so serious about this 11/11 because it is complicated for the 11/11 rules.
Some preorders I guess it is complicated.
I think the price is real worthy for you to do this things and the rules are easy.
Now it is complex and the price I don’t know if it is worth for me to buy it because there is 11/11 and people get tired of 11/11.
every month has a marketing festival.

all of the online advertisings are targeted ads.
I think are ok with that for their age or their hobbies. Their online history.
Alibaba has many apps not only taobao apps.
I guess they can get your info from every app and they gather this and push the advertising to you and sometimes the apps are hearing from you.
There is a video that the boyfriend said to the iPhone buy a PS5 many times when his gf gets sleepy. He wants the taobao app to push this advertising to her.

for clothes the best way is I try it offline to see if it matches my style then I will look on it on taobao to see if it is cheaper and I will check some bloggers if they have tests for clothes.
For some models I look on WeChat for some WeChat official accounts they have some news to discuss with other toys people.
I am not a person that rush to something to buy immediately. I will prepare for some time to make a decision finally after serious research.
But sometimes the store owners are very sly they tell you it is a limited edition you buy now or you will never have it.

Before it is online to send these models to famous bloggers who are famous in this industry and make a test or something.
Then make this model to be a limited edition. You have to try a lucky draw you have the right to buy it.
Then it is online. it is for the first wave to sell it. then the second wave …
and you can sell it to some sellers to make the price higher and higher.
Some sellers they make it very high price.

If it is like a skin and I can wear it in a game it is ok. Some games have limited editions like skins.  I can own it and others don’t have it they cannot wear this skin.

if some people don’t wan to have their skins anymore they can’t sell them
Sometimes when I get the models I feel the details are not worth the price or I don’t like it anymore so I sell on Xianyu

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For some online stores.
Actually I bought some dog’s food and some paper and milk and food something like that.
I was not so serious about this 11/11 because the rules were complicated / it was not as simple as last year.
Some preorders I guess it is complicated.
I think the price was really worth it for you to do this things and the rules were easy.
Now it is complex and the price I don’t know if it is worth for me to buy it because there is 11/11 and people get tired of 11/11.
every month has a marketing festival. / it is not unique anymore.

all of the online advertisings are targeted ads.
I think people are ok with that for their age or their hobbies. Their online history.
Alibaba has many apps not only taobao. / Alibaba can gather data from many apps in their ecosystem.

I guess they can get your info from every app and they gather this and push the advertising to you and sometimes the apps are listening. / spying on you.
There is a video in which the boyfriend said to the iPhone buy a PS5 many times when his gf was asleep / was sleeping. He wanted the taobao app to push this advertising to her.

for clothes the best way is I try it offline to see if it matches my style/ suits me then I will look for it on taobao to see if it is cheaper and I will check some bloggers if they have tests for clothes.
For some models I look on WeChat for some WeChat official accounts they have some news to discuss with other toys people. / other likeminded people
I am not a person that rushes  to buy immediately. I will prepare for some time /take my time to make a decision finally after serious research.
But sometimes the store owners are very sly/tricky they tell you it is a limited edition you buy now or you will never have it. / they try to create urgency.

Before it was online you sent these models to famous bloggers who are famous in this industry / KOLs and made them do a test or something.
Then it was make this model to be a limited edition. You had to try a lucky draw to have the right to buy it.
Then it was online. it was sold in several waves each decided by a lucky draw.
and you can sell it to some sellers to make a profit.
Some sellers they increase the price.

Vocabulary

utility (n) state of being useful
What is the utility of a digital collectible?

likeminded (adj) : having similar tastes
I like WeChat groups because I can talk with likeminded people

sly (adj) : 狡猾
He is a sly fox.

remorse (n) : deep regret
Many people will feel buyer’s remorse after 11/11

to justify (v) find a reason for something . show something is reasonable
Many people try to justify buying expensive things
Jack Ma will have a hard time justifying what he said about the government

justification (n)
in countries with lock downs people can only go out if they have a justification

land (n): part not covered by water
The sailors were happy to see land in the distance
Tom is rich he owns a lot of land

landlord （n) 房东
My landlord increases the rent every year

floor (n) ground / lower surface of a room / where you stand with your feet
I put a blanket on the floor