GM DOers! 😎
Pokemon cards are coming onchain. ⛓️
A few weeks ago, Courtyard released Premium Packs: Grails That Got Away #3 – valued at $300 each.
Each of these packs included 1 Pokemon card NFT.
If you purchased a pack, you would’ve owned the Pokemon card's digital version, with its physical counterpart secured in a Brink’s vault. 🔐
A fascinating concept that got many people excited & encouraged others to copy the initiative.
Now, a similar concept to Courtyard is launching on Solana, with Magic Eden promoting an upcoming drop. 👀
Today, we’ll walk through:
🃏 Understanding Courtyard Pokemon Cards
🔄 Replicating Courtyard on Other Blockchains
🛡️ RWA Explained: Benefits of Storing Pokemon Cards Onchain
🤑 How to DO Onchain & Get Rewarded
TL;DR – Pokemon cards being tokenized onchain is just the first step of billions in real-world assets (RWA) which will be moved onchain over the coming years. 🌊
Let’s dig deeper. ⏬
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Understanding Courtyard Pokemon Cards 🃏
Here’s a TL;DR on how Courtyard is bringing IRL collectibles onchain:
📦 Submit Collectibles: Own a real-world collectible? Send it to Courtyard.
🔍 Authentication: Courtyard verifies its authenticity.
🔐 Secure Storage: Once authenticated, Brink’s safely stores your item.
🪙 NFT Minting: Courtyard creates an NFT on Polygon, sending it to your wallet.
🌍 Digital Rights: Your new digital collectible mirrors your physical one. Trade, list for sale, use as loan collateral or execute any standard blockchain action.
Courtyard began by tokenizing universally recognized Pokemon cards to introduce their vision.
While they currently market themselves by selling their own Pokemon cards, their core aim isn't selling.
Instead, it's to tokenize and securely store physical collectibles for collectors. 🖼️
Now, let’s see who else is copying Courtyard…
Should we bring Courtyard on the podcast? Reply with a Yes on this email if that’s what you want!
Replicating Courtyard on Other Blockchains 🔄
Last week, Magic Eden announced an upcoming drop:
📅 Date: 18th of October
📦 Total Packs: 100
🎴 Contents: Each pack contains 1 tokenized Pokemon Card (NFT)
✨ Physical Backing: Every card is 100% physically backed & redeemable
🔥 Rare Finds: 4 super rare & expensive cards included in this drop
🛍️ Purchase & Reveal: Users can buy packs and unveil their card at a later date.
This drop is led by the brand ‘Collector’, and will happen on Solana’s prime NFT marketplace, Magic Eden.
Courtyard pioneered the movement of bringing Pokemon cards onchain, and their triumph has spawned imitators already.
The same pattern is emerging with RWAs, and that’s a good thing. Such competition fosters industry growth.
Plus, the growing number of copycats underscores the value of bringing RWAs, like Pokemon cards, onto the blockchain.
Benefits of Storing Pokemon Cards & RWA Onchain 🛡️
Tokenizing real-world assets links tangible items like Pokemon cards, real estate, or art to blockchain. Benefits include:
Eliminating middlemen, hence reducing costs. 💰
Enables 24/7 trading, bypassing traditional "working hours." 🕜
Increases liquidity and lowers entry barriers. 💸
Boosts trust with transparent processes." 🔍
To understand the real-world benefits, let’s dive into a real-life story that highlights why storing RWAs onchain is revolutionary.
On September 27th, someone minted a rare Mario-Pikachu Pokemon card by minting it for $300 in Courtyard’s drop.
A week later, on October 4th, they flipped it onchain for a staggering $5000.
Why's this a game-changer?
Instead of waiting around, the card’s ownership zipped over to the buyer in a flash, and the seller saw instant cash magic in their account.
Doing this the old-school way, the process would look something like this:
Pull a rare card from a pack.
Store it safely to ensure its pristine condition, which is very difficult.
Hunt around online for its value.
Wait weeks for a third party to authenticate it.
List it on platforms like eBay.
Fingers crossed, someone trusts you and the authenticity certificate.
Use an escrow service in order to manage the transfer of funds and the card.
Safely box it up and send it off to its new home.
Deal with shipping costs and maybe even custom duties.
Anxiously wait for it to arrive, which can take ages if it's an international send-off.
Finally, get paid.
This could drag on for ages, and you need to deal with multiple middlemen... 😴
But with real-world cards mirrored onchain, rather than a seller navigating through galleries, appraisers, lawyers, and banks — all charging fees or commissions — sellers and buyers can directly trade, incurring just minimal gas fees for instant asset transfer.
This process can be used for tokenizing everything from vintage cars and Pokemon cards to real estate and gold.
The tokenization of RWAs is one of the most obvious use-cases for blockchain. It’s a no-brainer that this trend will continue.
And Pokemon cards migrating onchain is simply the beginning.
This is a very small piece of the billion-dollar physical collectibles industry, which is also just a small part of the entire RWA industry that is already migrating onchain.
By reading this article today, you know something the rest of the world doesn’t. And to capitalize, I encourage you to participate onchain.
It is the only way to fully grasp how this technology works & how it’ll change the world.
It is the only way to understand that Onchain >>> Online! 🚀
That is why we launched the Onchain Gift Shop – a safe & coordinated way for you to take action onchain & get rewarded for it.
DO Onchain & Win Hundreds of Dollars in Prizes 🤑
Do you want to win the prizes listed below? 👇
You can! By doing simple things onchain, at the Onchain Gift Shop.
Here’s how to participate in Week 1:
Head to the Onchain Gift shop here & connect your wallet to enter the Weekly Raffle.
Everyone who follows us on Lens gets an entry to this week’s Raffle.
Important: You don’t need a Lens handle to follow us!
Want extra raffle entries?
Get them by collecting this newsletter.
1 Newsletter Collect = 1 Raffle Entry.
Hurry though. This week's raffle ends on Thursday.
👀 This week’s Mystery Box 🎁 contains a prize that many of you have asked for.
As you might’ve noticed, this newsletter costs you 20 MATIC to collect. Can seem quite a lot.
However, all funds raised from the newsletter collects go into a prize pool & 1 lucky person takes home the entire pile of cash.
1 Newsletter Collect = 1 Entry to the Weekly Cash Prize.
So DO onchain by building your Web3 Academy newsletter collection & win some cool prizes.
Without further ado, collect this newsletter and/or follow us on Lens and head to the Onchain Gift Shop to participate in our Weekly Raffle and Weekly Cash Prize.
Good luck & see you in the Onchain Gift Shop! 👀
Thanks for reading. And remember, you're strong, you’re powerful, you’re alpha! ❤️
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Disclaimer: This article is for informational purposes only and not financial advice. Conduct your own research and consult a financial advisor before making investment decisions or taking any action based on the content.
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