The world's most expensive $5,275,000 Pokemon card has been turned into 50,000,000 NFT and is selling for $0.1 per token

By: Maksim Panasovskiy | 12.07.2022, 19:18

Youtuber Logan Paul has turned a Pokemon card worth over $5,000,000 into 50,000,000 NFT and sells 51% of the non-interchangeable tokens.

What is known

Paul owns the world's most expensive card Pokemon. It depicts Pikachu. In April 2022, the youtuber paid $5 275 000 for the card and even made it into the Guinness Book of World Records. A few months later, the man decided to monetize it.

He turned the card into 50,000,000 non-exchangeable tokens. The value of one NFT was $0.1, i.e. the card with Pikachu was valued at $5,000,000. Logan Paul plans to sell 51% of the tokens on his own NFT-marketplace Liquid Marketplace.

Thus, in theory, 25,500,000 people will become co-owners of the Pikachu card. True, NFT provides no legal rights of ownership, so nothing, except conscience, can stop Paul from selling the card.

Source: Hyperbeast