Beyond Speculation · · 27 min

Tokenized Pokémon Cards: Own a Graded Card the Moment You Buy It

With Dakota Campbell, Collector Crypt

Key takeaways

  • Dakota Campbell says Collector Crypto takes a 2% fee on sales and 0% on swaps, against the 10 to 15% he says online middlemen take.

  • Collector Crypto lists only graded cards for now, and Campbell puts the gap between a PSA 4 and a PSA 10 first edition Charizard at about $950,000.

  • Rip Mart, a joint product of Collector Crypt and Merry-go-round, offers 85 to 95% of a card's value as an instant buyback when it is pulled.

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0:00Hosts open the show and welcome Dakota back1 of 8

Summary

Dakota Campbell says on-chain vaulting and low fees can take the cost and friction out of trading graded collectible cards.

Dakota Campbell, who works on marketing at Collector Crypto, says the platform charges a 2% fee on card sales and 0% on swaps, with Collector Crypt acting as the trustless middleman. He set those fees against the 10 to 15% he says online middlemen take before a transaction settles.

Fees, customs and shipping

Dakota Campbell described the costs of trading cards across borders. A buyer in South Korea who pays $8,000 for a card still has to wait for customs and shipping and can pay an import tax of "sometimes upwards of 50%," he said. He also pointed to recent cases in Canada where $45 cards needed a $45 customs fee.

On Collector Crypto, he says, swaps carry a 0% fee, which he called something "not many people know about."

“I think that is the future of crypto and block chain tech is disambiguating it away from the end user and just having it power the underlying infrastructure and the tech.”
Zach Fowler

Graded cards only

Campbell says condition sets value: a PSA 4 and a PSA 10 first edition Charizard differ by "$950,000 or something like that." Apart from sealed products sold on exclusive timers, everything on Collector Crypto right now is a graded card. He also said someone had pulled a $240,000 Snorlax from the company's gotcha machine that morning.

Keeping crypto in the background

Collector Crypto has an app and a full website overhaul on the way, which Campbell says can be previewed at test.collectorcrypt.com. Host Zach Fowler said the future of blockchain tech is moving it away from the end user so it only powers the underlying infrastructure.

Rip Mart at Comic Con

The company's Comic Con activation focused entirely on Rip Mart, which Campbell describes as the product of Collector Crypt joining forces with Merry-go-round, a collectibles company he called "a massive collectibles monolith." When a card is pulled, Rip Mart will pay 85 to 95% of its value on the spot, he said.

From Ethereum to Solana

Campbell calls himself a "recovering" Ethereum maxi. His first crypto use was tipping Bitcoin for a cheap UFC stream in about 2013. He says Solana delivers the speed and scalability he had hoped layer twos would provide. He joined Magic Eden as a marketing manager about two years ago, and found Collector Crypt there, since Magic Eden was the first white label user of its API and technology. Fowler called Ethereum "cost prohibitive and value destroying" for participants.

Campbell's case for Collector Crypto rests on lower fees, graded inventory and open data. Anyone who wants to check the numbers can look up Collector Crypt on Blockworks, he said, where "every transaction, every card, every pull" and daily revenue are visible.

Magic Eden, PSA, Whatnot, and Merry-go-round come up most.

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