Last week, renowned cross-chain NFT platform, Magic Eden, introduced its groundbreaking Tokenized Collections Program in partnership with Collector Crypt, a pioneer in bringing physical collectibles to the Web3 space. The program’s first release, featuring 100 Pokémon cards, launches today, Wednesday, October 18, exclusively on the Magic Eden Launchpad.
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For the first 48 hours, these NFTs remain hidden, allowing collectors to engage in trading activity, acquire additional cards, and allow potential buyers to participate in the secondary market. After this initial period, the NFTs will be locked and the tokenized cards will be distributed to their respective holders.
Importantly, these NFTs are 100% backed by their physical counterparts and are redeemable. Notable collectibles in this drop include:
2000 Pokémon Gym Challenge 1st Edition Holo Blaine’s Charizard #2
2006 Pokémon Ex Crystal Guardians Holo Charizard #4
2007 Pokémon Ex Power Keepers | Gold Star #100 Flareon-Holo
2018 Pokémon Japanese SM Promotion | Munch: A Retrospective No. 209 Rowlet
Chris Akhavan, Chief Gaming Officer at Magic Eden, shared his vision, saying, “The upcoming Pokémon card coins are the first tokenized real-world assets we’ve minted on our Launchpad.”
“We believe the Web3 infrastructure can significantly improve trading across several real-world assets with traditionally fragmented liquidity. We are excited to move beyond Pokémon coins and explore additional asset types in the coming weeks.”
Chris Akhavan, Chief Gaming Officer at Magic Eden
Magic Eden has exciting plans for the future, with more releases planned throughout the year, providing collectors with consistent opportunities to acquire and trade tokenized assets.
For those who would like to participate in the drop, visit this link: Magic Eden Tokenized Collectibles Drop