Nftnews Today Logan Paul Turns The World’s Most Expensive Pokémon Card Into An NFT
Well-known YouTuber {and professional} wrestler, Logan Paul has turned an especially uncommon 1998 Pikachu Illustrator Pokémon card into an NFT. In actual fact, Paul paid a whopping $5,275,000 for the cardboard. Notably, the cardboard has even damaged the Guinness World Document for the costliest Pokémon buying and selling card offered at a personal sale.
About Logan Paul’s Pokémon Buying and selling Card NFT
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In a recent video, Logan Paul shared that he purchased the world’s costliest Pokémon buying and selling card for practically $5.3 million. In line with him, the uncommon Pikachu Illustrator Pokémon card was rated 10 by the PSA grading firm. Lately, Paul even flaunted the priced possession by sporting it on a golden chain round his neck at WrestleMania.
Now, he’s providing “co-ownership” of an NFT of the cardboard by way of his NFT platform, Liquid Market.
“I will probably be itemizing this card on a platform I co-founded known as Liquid Market,” Logan Paul mentioned. “It permits co-ownership of prime tier belongings, so as a substitute of 1 particular person (me) proudly owning this card, we as a collective can co-own it collectively.”
Moreover, Logan Paul will record the uncommon Pokémon card for $5 million or 50 million Liquid Market tokens. Every token, in the meantime, will value $0.10. That mentioned, Paul will nonetheless have 49% possession of the cardboard.
As well as, the cardboard will probably be stored in a group vault. Paul can solely put on it to WrestleManias if the group of token holders votes for it.
Logan Paul and NFTs
Logan Paul has been spending tens of millions of {dollars} on each costly Pokémon playing cards in addition to a spread of NFTs. At present, he has one of many prime movie star NFT portfolios, valued at practically $1 million (on the time of writing). His portfolio boasts NFTs from prime collections equivalent to CryptoPunks, World of Girls NFTs, Otherdeeds, and Tom Sachs Rocket Manufacturing facility, to call just a few.
As per DappRadar knowledge, three CryptoPunks are the costliest NFTs in his assortment. CryptoPunk #2294 takes the highest spot, with an estimated worth of round $216,000. CryptoPunk #7861 and #4484 observe go well with with a price of about $102,000 and $87,000, respectively.
About Liquid Market
Logan Paul introduced the launch of his fractionalised NFT market, Liquid Market in April this yr. Basically, the platform permits anybody to co-own among the rarest digital belongings on the earth. Briefly, it goals to democratise NFT possession, eradicating the necessity to spend tens of millions of {dollars} to purchase a worthwhile NFT.
On the time, he mentioned, “By fractionalizing costly belongings, we’ve primarily made it doable for ANYONE to personal ANYTHING.”
Liquid Market first evaluates, authenticates, and appraises numerous collectibles, earlier than storing them in a safe vault. Then, the tokens for corresponding collectibles are listed on the platform. These should buy these tokens for as little as $0.10. A few of the rarest collectibles on the platform embody a PSA 8 Pikachu Illustrator card, Logan Paul’s 1st Version Pokémon Field, and CryptoPunk #6837.
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The journalist is a writer and digital nomad. Loves thinking, learning, and writing about all things Web3, particularly its impact on major creative industries.
