The tokenization of Pokémon cards is gaining traction, allowing collectors to trade them on blockchain platforms. This process simplifies transactions and reduces risks.
Surge in Pokémon Card Tokenization
In August, $124 million was tokenized, marking a fivefold increase since the beginning of the year. The platform Courtyard.io led with nearly $80 million in activity, while Collector Crypt on Solana completed transactions worth $44 million.
Collector Crypt and the Success of $CARDS
The project Collector Crypt issued NFTs that represent physical Pokémon cards. Within a week, the $CARDS token surged tenfold, reaching a market valuation of nearly $500 million. Gamified features like the Gacha Machine generated an additional $16 million in revenue within just seven days.
How Courtyard.io Works
Courtyard.io has built a bridge between physical assets and NFTs. Each card is securely stored with Brink’s and minted on the Polygon blockchain. Owners can list and sell cards globally as NFTs with 1% resale royalties and have the option to redeem physical cards after KYC by paying handling and shipping costs.
The tokenization of Pokémon cards is emerging as a significant trend in the market, providing collectors with new opportunities and redefining cultural assets in the digital age.