In brief
- Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut.
- The Solana-based project adds a new dimension to their on-chain presence.
- Physically-backed Pokémon card NFTs have primarily existed on Polygon.
Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based project called Collector Crypt.
Like several other projects, Collector Crypt offers customers “packs” that contain NFTs, which can be redeemed for physical trading cards that are graded and stored by third-parties. The project also operates a marketplace for connecting buyers and sellers.
The project conducted a presale for its CARDS token on Solana using the protocol Metaplex, and its market cap jumped to a peak of $85 million on Wednesday from $23 million a day before, according to crypto data provider CoinGecko. CARDS’ market cap recently stood at $74 million.
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Author: André Beganski
