Ultra-Rare Pokémon Card Valued at $250K Going on Auction via Ethereum Network Polygon
Ultra-Rare 1999 Charizard Pokémon Card to Be Auctioned as a Polygon NFT
A legendary piece of Pokémon history, a first-edition Holographic Charizard card from 1999, is set to hit the blockchain-backed auction block, with a valuation of $250,000. Tokenized via the Ethereum scaling network Polygon, this PSA 10-graded card is being auctioned by collectibles platform Courtyard, beginning Friday.
The card, considered one of the most iconic in the Pokémon Trading Card Game, will remain securely stored in a Brink's vault, while its ownership is represented through a Polygon NFT. This innovative approach offers collectors benefits such as immutable ownership records, secure storage, and the ability to trade globally without physical shipping. Buyers who prefer to own the physical card can request its delivery from the vault.
“This auction isn’t just about a Charizard card; it’s about showing how blockchain can revolutionize the collectibles world,” said Marc Boiron, CEO of Polygon Labs, emphasizing the crossover appeal for both traditional collectors and DeFi enthusiasts.
Courtyard’s platform enables physical collectibles to be seamlessly tokenized for digital trading. In addition to ownership tokens, users will have access to high-resolution 3D models of the card, adding a digital layer to the collectible experience.
The card, directly sourced by Polygon Labs from a trusted trading card expert, is one of the rarest of its kind. Similar cards have commanded auction prices between $264,000 and nearly $400,000 since 2020, highlighting its immense value and demand among enthusiasts.
“With this auction, we’re not just spotlighting an iconic card; we’re demonstrating how Courtyard’s platform is transforming how people collect and trade,” said Nicolas le Jeune, CEO of Courtyard.
This 30-day online auction aims to showcase the potential of blockchain technology in redefining the collectibles market, merging the physical and digital worlds in a groundbreaking way.
#Web3.0 #NFT #Blockchain #Crypto #Cryptocurrency #AI #Metaverse #OpenSea #AR
