Forget OpenAI stock — Solana apps are tokenizing Pokemon cards. Hong Kong warns stablecoin hopefuls to prep for disappointment. Asia Express
The tokenization of physical collectibles is quietly gaining momentum, with Pokmon cards based on the globally popular Japanese gaming and anime franchise emerging as a standout use case. On Solana, a new wave of platforms is turning real-world assets (RWAs) like Pokmon cards into non-fungible tokens (NFTs).
One of the leading platforms in this niche is Collector Crypt, which has processed nearly $95 million in total volume in under a year, according to a Dune Analytics dashboard by X user zKayAPE. The platform specializes in tokenizing Pokmon cards into NFTs, each of which is claimed to be redeemable for its physical counterpart. Much of the activity is driven by its digital gacha feature, inspired by Japans capsule-toy vending machines, where users test their luck by trading a fixed amount of money for randomized items.
These platforms function like onchain versions of Japans oripa shops (short for original pack), which combine blind-box card gambling with instant resale opportunities. The blockchain versions enhance this model by offering automated buybacks at 8085% of card value, allowing collectors to pursue rare cards with near-instant liquidity.
