Collecting Pokemon cards—including the most expensive Pokemon cards ever sold—was done conventionally at first. In a sense, the activity of collecting video game series cards published by Nintendo was originally really a hobby of storing physical Pokemon cards.
However, as the times and technology advance, Pokemon cards are no longer only in physical form, but are also turning into digital collections. Of course, this cannot be separated from the adoption of NFT aka Non-Fungible Token which also penetrated the gaming sector and the like.
Previously, it was known that the NFT hype had also begun to target the arts, technology, and pop culture fields. For example, the adoption of NFT in paintings, murals, and others.
As for this time, we will discuss the development of NFT in this collection card to the most expensive card ever sold.
Most Expensive Pokemon Cards: NFT Progress in Pokemon Collection Cards
So, how did the development of NFT in this Pokemon collection card happen?
This, of course, did not just happen because there has been a transformation in its development to date. As described above, before becoming a digital asset as it is today, Pokemon collection cards were originally just a collection of physical cards.
Along with the times and technology, a transformation took place: now, Pokemon cards have been collected as digital assets in the form of NFT. This also happened along with the high interest in collecting Pokemon cards.
The Pokemon collection card which later became the Trading Card Game (TGC) also experienced an increase in transactions on eBay—a trading platform. According to available data, in 2020, the rate of buying and selling or trading this card jumped to 142%, which means that more than 4 million collection cards were sold there.
In addition, this Pokemon card is also the best-selling TGC. The increase was a step ahead of basketball and baseball collectibles, with a percentage increase of 574%.
On the other hand, with the increasingly busy industry as well as the current blockchain ecosystem, Pokemon card collections as NFTs are also increasingly in demand. The reason is, the security offered by blockchain technology and the authenticity of the NFT is considered the right combination for collectors to start collecting their digital assets, including the existence of certificates and unique serial numbers on each NFT.
To date, there are at least three of the most expensive Pokemon cards ever sold. In the first position there is a rare Blastoise card. A collector is known to have paid for the card for $360,000. Meanwhile, at almost the same time, a box of sealed first edition cards sold for $408,000.
In second place was the First-Edition Shadowless Charizard Holo which was purchased by a collector for $311,800. A high price is given to this card because this collection has a hologram that can shine and sparkle. Only available in fewer numbers than other cards, this First-Edition Shadowless Charizard Holo is also considered special because it is the first print that does not have a shadow.
Third, there is card No. 2 Trainer Promo Cards that are highly valued. This Pokemon collection card is one of the rare Pokemon cards. On the other hand, the price set for his Gold Card series can reach $ 200,000.
Lastly, there is the #4 Kangaskhan – Parent/Child Promo Card for $133,000. It is one of the most prestigious cards in the world and is contested by many.
On the other hand, there are also other pokemon cards that come from the collection that have been converted to NFT form. For example, the collection from Logan Paul. The Youtube star is known to have succeeded in making money reaching $504,990 from the total sales of his illustrated collection.
The Future of NFT Trading Cards—Most Expensive Pokemon Cards
Apart from all the requests that are present against it, what is the future of the NFT card itself?
Now, the trading card community has seen a real growth spurt in sight. At least, that’s been the case since the creation of the Pokemon collectible card—which immediately sparked new hype in the current NFT ecosystem.
Even new collectors are now starting to work hard to get rare and high-value cards. The hope, of course, was to be able to turn their hobby into an investment. Basically, this trend has dragged two types of actors in it, namely hobbyists and investors.
On the other hand, the uniqueness of NFT as a digital asset also makes investors and hobbyists flock to hunt for the collectible card which is considered rare. With clear ownership—having a certificate and a unique serial number—it’s not surprising then that this collection of the most expensive and rare Pokemon cards will continue to be sought and traded in a community that also continues to grow.