Do you remember the thrill of opening a new pack of Pokémon cards, not knowing if you’ve just hit a goldmine or another handful of duds?

As a child, there’s that moment of suspense, that rush when you’re opening up these packs and hoping for something rare to materialize. Now fast-forward to the present, these tangible collectibles have taken on new forms in the crypto space as Real World Assets (RWAs).

What are Real World Assets?

Simply put, RWAs are physical assets that carry real value owing to the fact that individuals are willing to spend money to acquire them. Think Pokémon cards, trading cards, comic books, watches and much more.

However, maintaining and preserving these assets can be a burden. They age with time, require safe storage conditions and simply maintaining or improving their conditions can be a challenge. The solution to this? Tokenization.

Tokenization allows us to own these assets in a digital format, ensuring their undiminished preservation while maintaining their value. So now, these RWAs become a part of the burgeoning NFT (Non-Fungible Token) space.

The Future of Collectibles: From Pokemon Cards to Cryptocurrencies

Pokémon cards, as silly as they may seem to some, can be a valuable asset. Some of the rarer cards are valued at an eye-popping $25,000 and above.

In the traditional sense, these cards are kept safe using detailed methodologies. They are placed in plastic cases, handled with caution, and rated for their condition. In fact, cards with astronomical values have their own safe haven — an unbreachable vault.

The value of Pokémon cards can go up to millions, with one particular card having been sold for an astonishing $6 million!

Selling these cards comes with its own hassle. You may have to list them on online platforms like eBay, handle inquiries, arrange for shipping, handle insurance, while making sure the card stays in perfect condition during all of this. These countless friction points can be a deterrent to many potential sellers.

What if there was an easier way to profit from your Pokémon cards while ensuring their impeccable condition?

In comes NFTs, By tokenizing these cards onto the blockchain, we can eliminate the majority of traditional issues encountered. Platforms like Magic Eden provide a digital equivalent of the suspense-filled pack-opening experience. The cards are “unpacked” and the value revealed later, similar to a surprise reveal.

Verified Assets And Decentralized Custody

Once you purchase these digital tokens, you’re essentially buying the actual card, which is in the custody of platforms like Magic Eden through a company like [Collector](https://www.collectors.com/). You have the freedom to verify the asset, deposit cards, and redeem them if you want.

However, you don’t need to worry about maintaining its condition or securing it in a safe deposit box — Magic Eden handles it all. You can simply hold it in your digital wallet.

There’s also no shortage of types of collectibles. From Pokémon cards to comic books, there are numerous possibilities.

The Expanding Reach of Real World Assets

The world of RWAs is not limited to cards or other traditional collectibles. Any object that holds value can potentially become an RWA if it is maintainable by custody. So, whether it’s sports memorabilia, vintage watches or even gold, the possibilities are infinite.

Crypto platforms like Topshot have allowed users to buy and own digital moments, interestingly enough though, they lacked affiliation to any tangible real-world asset.

The value is not necessarily in owning a digitized asset, but what that digital token represents.

Platforms like Courtyard, Magic Eden, and Dibbs offer tokenized real-world assets across various networks, ensuring that they have a digital reach.

As this new frontier keeps expanding, the potential for owning, trading, and profiting from an ever-growing catalogue of RWAs is sure to attract the attention of investors, technology-enthusiasts, the art and collectibles industry, and curious individuals alike.

What are your thoughts on Real World Assets? Share with us in the comments below, and let’s see what the future has in store for this exciting venture into tokenized asset possession. Stay tuned!

Disclaimer: This is a helpful blog. Follow me on my socials but remember this is NOT FINANCIAL ADVICE. I won Royale 2, and I am making this content as a community member because it is great to learn crypto, playing on Solana is fun, and it is easy to onboard friends into the space with a game like this.
My opinions are my own, research more if you wish, and if you decide to degen, that is your decision!

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