Logan Paul Lost $3,500,000 On Fake Pokémon Cards.

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  3. Logan Paul Lost $3,500,000 On Fake Pokémon Cards.

Yes you read that right $3,500,000. Supposedly “sealed & authenticated” first-edition Pokémon cards. However, shortly after announcing his purchase, many in the Pokémon card community pointed out that the box was probably fake. In response, Paul headed to Chicago to check the cards, and today he announced that it was all fake. Paul spent all that money on boxes of G.I. Joe cards.

You really must watch the video below (it is a great video in itself)

Why I am talking about this? 

This is another reason why tokenization will be imminent of collectables such as Pokémon and other large household brands- then everything that can be tokenized, will be tokenized, it is a matter of WHEN not IF.

Lets look at NBA Top Shot where you can Collect and trade officially licensed @NBA and WNBA NFTs. The beauty of NBA Top Shot like others (such as VEVE) is that these are officially licensed and are authenticated by the use of blockchain technology – NFTs are governed by smart contracts and verified and powered using blockchain.

It is only a matter of time before NFTs become mainstream and due to disasters happening like what happened to Logan Paul, this will only speed up the inevitable that it is a matter of WHEN not IF -everything that can be tokenized, will be tokenized.

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