AFTER BREAKING THE GUINNESS RECORD FOR HIGHEST EXPENSIVE CARD SOLD, PAUL WANTS TO CONVERT ITS CARD INTO A NFT!
Recently, YouTuber Logan Paul not only bought one of the most expensive Pokemon cards in the world, but it has now come to light that he plans to make it into an NFT. Logan Paul is converting a Pokemon card into an NFT; you read that right.
Paul posted a video, which broke the story, and publications like Kotaku covered it. In addition, Paul broke the record for the “highest expensive Pokemon trading card sold at a private sale” when he paid $5,275,000 for the card in question, a rare Pikachu Illustrator card from 1998.
The card’s exceptional worth is due to its extreme rarity and the PSA grade of 10, which is only given to Gem Mint cards. In addition, the card Paul bought is currently the only known mint Pikachu Illustrator card, according to the PSA website.
If the attention gained from buying such a card wasn’t enough, he reminded everyone about it by wearing it around his neck during his WrestleMania fight back in April. In the most Logan Paul-Esque manner imaginable. By announcing that it will be listed as an NFT on July 9 on the website Liquid Marketplace for $0.10 each, he is now reassuring people that he has it.
As mentioned by Kotaku concerning Liquid Marketplace, the platform currently has very little online presence, history, or information. But shares a vision to provide collectors with the option to co-own tangible and digital assets through the power of tokenization.
In addition to all of that, Paul is claiming a 49 percent ownership stake in the card. He will keep it in a community vault that has yet to be determined.
When the listing goes online on July 9, it will be interesting to see how much interest there is in the NFT. In the interim, we’re curious to know your thoughts on Logan Paul’s decision to turn the most expensive Pokemon card into an NFT.