ebay should probably just integrate Collector Crypt at this point
the cost to sell a pokémon card on ebay is nearly 20% of the sale
@Collector_Crypt is doing the same thing for 2%
on top of that, it settles instantly, the cards remain in insured custody, and instantly tradeable
ebay did $22.2b GMV last quarter with collectibles as its single biggest growth driver
Collector Crypt is pulling that same flow onchain at a tenth of the cost
and it's already printing real cash:
> $53m annualized profit in may, $109m on june's run-rate
> revenue/fdv ~160 bps vs hyperliquid's ~7
here's the part people are missing:
trading cards is a $15b+ market and the onchain version is still day 1
$CARDS isn't even wired into the economy yet. no real token sink, no fee capture switched on. when they flip that, the revenue/fdv gap will close fast turning this into a top 50 mcap token
gacha already prints in web2 games, now with web3 racing in, Collector Crypt will get both the consumer flow and the retail flow
@blknoiz06 been bullposting $CARDS for weeks
@bassbuddha and the collector crypt team are strong at community building, and brand exposure is clearly growing week on week
next i’d like to see them show up on some of the biggest pokemon youtube creator channels, to increase web2 consumer exposure
i’m calling this the biggest opportunity in crypto
for now we’re rippin packs, next up is the 50X token rip
@duchovny64@Thejimpenman In the case of migration, that's not correct, it has been reduced every year for the past 5 years... not significantly in the last few years
The Q2 $CARDS rewards have been processed and the claim is now live.
This quarter, 15,000,000 $CARDS (0.75% of total supply) have been allocated to eligible participants across the Collector Crypt ecosystem.
Review and claim your allocation at: https://t.co/cXZXoZVk9a
and all those people that were waiting for the $cards token to have utility.
it seems like now it does, just as tuom and the team had said, $cards buyback have started, unannounced so they can't be frontrun
this is exactly why TCG's will continue to move higher
onchain TCG platforms mint profits through gacha buybacks and marketplace fees, then recycle those fees to pull even more physical stock onto the chain.
the only way these platforms scale inventory is by buying on the secondary market andthe most liquid marketplace (@Collector_Crypt ) ultimately wins.
It’s a game theory loop of endless upward pressure on tcg prices, all while these platforms keep stacking revenue and profits, so for all the ppl whinging about wanting the buybacks for the token, that should come later imo, what we really want is for them to keep investing in inventory
@chestnut_nisan@KobeissiLetter The correct answer is: it depends. In some cases it will drive inflation but other cases it is required to grow the economy