Recently, the crypto Twitter has been flooded with on-chain Pokémon cards. @Collector_Crypt's $CARDS was launched less than a week ago, and the FDV has skyrocketed to 450 million USD, with the token price increasing tenfold and daily active trading booming. Even more astonishing is that its "gacha machine" generated 16.6 million USD in revenue in just one week, and the team is even facing a restocking dilemma.
In a recent interview, the CEO of CARDS revealed that their gacha machine is the only one in the world with a positive expected value. Users invest 50 dollars and can average a card worth 55 dollars. There are doubts from the outside that this is a "losing business," but the CEO's answer is: CARDS purchases the cards at a 15% discount and sells them at a 10% lower price, still maintaining a 5% profit margin.
He further pointed out that the annual transaction volume of the current card market is about 25–30 billion dollars. If the entire trading ecosystem is moved on-chain, eliminating fraud, improving market and auction efficiency, and addressing pain points such as transaction settlement, the annual transaction volume could grow 3–4 times, reaching a scale of 100 billion dollars.
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On-chain Pokémon breaks the dimensional wall, could Crypto Assets increase Pokémon trading volume by 4 times?
Recently, the crypto Twitter has been flooded with on-chain Pokémon cards. @Collector_Crypt's $CARDS was launched less than a week ago, and the FDV has skyrocketed to 450 million USD, with the token price increasing tenfold and daily active trading booming. Even more astonishing is that its "gacha machine" generated 16.6 million USD in revenue in just one week, and the team is even facing a restocking dilemma.
In a recent interview, the CEO of CARDS revealed that their gacha machine is the only one in the world with a positive expected value. Users invest 50 dollars and can average a card worth 55 dollars. There are doubts from the outside that this is a "losing business," but the CEO's answer is: CARDS purchases the cards at a 15% discount and sells them at a 10% lower price, still maintaining a 5% profit margin.
He further pointed out that the annual transaction volume of the current card market is about 25–30 billion dollars. If the entire trading ecosystem is moved on-chain, eliminating fraud, improving market and auction efficiency, and addressing pain points such as transaction settlement, the annual transaction volume could grow 3–4 times, reaching a scale of 100 billion dollars.