Logan Paul Turns $5 Million Pokémon Pikachu Card Into NFT
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In a new video, YouTuber and professional wrestler Logan Paul shared how he purchased an exceedingly rare Pikachu Illustrator Pokémon card from 1998, which PSA grading company rated a minty ten and for which Paul paid a whopping $5,275,000. The video also reveals the harrowing truth: He’s turning the precious Pikachu into an NFT.
Since at least 2020, Logan Paul has enjoyed spending his multi-million dollar fart joke fortune on expensive Pokémon cards, which he then mines for content to amass an even greater fart fortune. Paul introduced his latest flashy acquisition, the $5.2 million holographic Pikachu, to the public by wearing it on a heavy golden chain around his neck ahead of his April WrestleMania fight. He looked like a banana, or to be more specific, a banana with a Pikachu necklace.
I think that’s the name of a Vermeer painting. Anyway, in the video, Paul said that it took him months to acquire the card, which the PSA website says is the only known mint condition Pikachu Illustrator card.
Prior to his WrestleMania stunt, Paul says there was no publicly available information on the mint card, and none of his fart collector friends had ever seen it in person. In February 2021, though, he got an Instagram DM from the owner’s representative saying he wanted to sell.
The seller ended up declining Paul’s initial $4 million offer, but four months later, Paul reached out to a mutual friend and tried making another, more delectable one. They settled on $4 million and a PSA-graded 9 Pikachu Illustrator card, which Paul was easily able to find from a fart collector in his network and buy for $1.25 million.
He forked over the card and the cash to the mint condition Pikachu’s anonymous original owner, broke the Guinness record for “most expensive Pokémon trading card sold at a private sale,” and lived happily ever after.
The card itself, on the other hand, will live shivering and crying in blockchain captivity—on July 9 at 3 p.m. EST, it will get listed as an NFT on the “platform” he “co-founded,” Liquid Marketplace.
The platform currently has barely any online presence, history, or information, but shares a mission to “offer collectors the opportunity to co-own physical and digital assets through the power of tokenization” on its about page. I hope that’s convincing enough for you to take out a $5 million loan so you can buy 50 million tokens at $0.10 a pop, which is the price Paul is listing the NFT at on the website.
Paul will be claiming a minority, 49% ownership of the card, meaning it will be stored in a TBD community vault, but he can wear it to more WrestleManias if the majority token holders allow him to. Hey, don’t roll your eyes like that. Paul deserves to extort innocent Pokémon fans in the name of functionally meaningless collective ownership. He’s the biggest Pikachu fan in the world.
I have proof. Before being handed the mint card in his video, someone off-camera remarked to Paul, “Hm. You love Pikachu.”
“Yeah, he’s the best, bro,” Paul responded. There you have it. The greatest mind of our generation, bro.
Logan Paul Turns World’s Most Expensive Pokémon Card Into Digital Asset
YouTuber turned wrestler Logan Paul has shared in a new video how exactly he procured the ultra-rare 1998 holographic Pikachu “Illustrator” card. In the past year, Paul has made headlines surrounding his Pokémon trading card purchases. However, out of all his purchases, this particular perfect condition Pokémon card worth $5,275,000 USD cemented Paul with one of the most unique cards in the game. Back in April, he wore the card to the WrestleMania fight.
The video showed the strenuous process in which Paul had to go through in order to obtain the card.
According to PSA, it is currently the only known mint condition Pikachu Illustrator card. While the initial seller ended up declining Paul’s original $4 million USD. However, another offer presented itself where Paul settled on $4 million USD plus a PSA-graded 9 Pikachu for $1.25 million USD.
Towards the end of the video, Paul announces that he has made the card into a digital asset where the community “gets to co-own it together.” He has listed it on the Liquid Marketplace platform he co-founded since July 9 at 3 p.m. EST. Paul said that he will be claiming a 49% minority stake with the general public at 51%. The digital asset is listed for $5 million USD. Take a look at the video above.
Elsewhere in NFTs, Reddit is now selling custom avatars as NFTs.
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Logan Paul Auctioned Over 700 Pokémon Cards
Home News Logan Paul Auctioned Over 700 Pokémon Cards
Over the past few years, Pokémon card collecting has seen a resurgence as many collectors and fans search for the game’s rarest and most valuable cards .
In recent years, sales of some of the first Pokemon Trading Card Game cards have exceeded hundreds of thousands of dollars. At an auction earlier this year, a copy of the coveted Pokemon Illustrator card sold for 9$00,000, setting a new world record for Pokemon cards. The Pokémon craze even saw several online characters hit the trend, with Logan Paul being one of the most notable.
Over the past year, Logan Paul has become well acquainted with the community of passionate Pokemon Trading Card Game collectors. Paul regularly made high-profile purchases of classic Pokemon cards between the infamous fake first edition base set box and the PSA 10 version of the previously mentioned Illustrator card. Paul has amassed a huge collection of valuable Pokémon cards since he invested in the hobby. He now plans to sell some of his priced Pokémon cards later this weekend via the Whatnot auction platform. nine0005
A recent Whatnot press release reveals that Logan Paul will be holding an auction through the platform on Sunday, July 3 starting at 2:00 pm ET.
The auction, which will be streamed live via the Whatnot app, will feature more than 700 Pokémon cards from his personal collection worth over $200,000. While the exact cards have not been confirmed, fans wishing to bid during the event will need to register for a Whatnot account and apply to become a «Verified Buyer» through the platform. Interested fans can find a link to a live stream on Paul’s Whatnot channel here. nine0005
Logan Paul’s involvement with the Pokémon community has been part of a massive expansion of his own brand in recent years. Paul made his wrestling debut earlier this year during WrestleMania 38 and signed a professional contract with WWE today. He has also made numerous boxing appearances and has even stated that he intends to run for President of the United States in 2032.
The upcoming Pokemon Card Auction will take place as the collectible side of the collectible card game has never been more popular. The meteoric rise of Pokemon cards as collectibles has led sites such as eBay to adopt an «Authenticity Guarantee» program for cards sold on the platform.
Celebrities like Katy Perry and Post Malone are also getting more and more involved in Pokémon, with artists performing during last year’s Pokémon 25th Anniversary celebrations. Logan Paul’s Whatnot auction is sure to see many Pokémon fans walking away with a lot of valuable cards from his collection. nine0005
Last updated on 01/05/2023
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Valeria developed her love for games at an early age when her parents first brought home a Nintendo. Since then, countless nights have been spent hunting ducks, trampling turtles, exploring distant planets, and traversing dungeons with the trusty sword and shield. Valeria loves anime and everything connected with it. nine0005
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Set of collection cards with Poemons of Paul Logan for $ 3.
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The $3.5 million box of first edition Pokémon cards that Logan Paul bought in late 2021 may be fake and completely worthless. nine0005
On December 20, controversial YouTuber and boxer Logan Paul tweeted that he had bought an «authenticated» box of first edition Pokémon cards for a staggering $3.5 million. This purchase has been billed as one of, if not the largest Pokemon TCG acquisition ever made. The rarity of unopened boxes of First Edition Pokemon TCG Boosters, let alone a boxed box of six of them, was undeniable. At the very least, its value and rarity were undeniable before evidence emerged that a box of 9 cards0047 Pokémon was a fake.
Reporting the authenticity of Logan Paul’s $3.5 million purchase of Pokemon TCG has cast doubt on whether the box and its contents are an elaborate forgery. The report explores every aspect of the box and its sales. It starts with the seller, deals with the authentication of the box when exchanging baseball cards, and red flags associated with the production of the box itself.
RELATED: Almost 8 tons of fake Pokemon cards seized at Chinese airport0005
Let’s start with the box of Pokémon of the box itself, the report indicates problems in two areas. Firstly, it is a label that contains the product code, barcode and detailed information about the contents of the box. The report claims that not only is the typeface different from any other, but the ink on the label looks new, while the labels on similar boxes have aged and faded. More importantly, the product code is inconsistent with other boxes of the era, adding «1E» to the code that Wizards of the Coast has only just begun to make more recently. In addition, the barcode does not match the product code, leaving «1E». The second problem with the box is the tape, which is not suitable for use on genuine boxes. nine0005
The next concern is the original seller of the box. The Canadian eBay account that first sold the Logan Paul box had very few reviews and renamed its account before the sale, possibly to hide the account history.
The eBay listing was also riddled with grammatical errors, leading many builders of Pokemon TCG to assume it was a scam from the start. In fact, it originally retailed for just $72,500, far less than what a box like this should cost. However, the sale was canceled when the buyer was not allowed to fly to the seller to inspect the box. nine0005
This is where things get unclear. The box was then resold to another buyer in the United States who purchased it without insurance. By this point, the buyer already had the money, and if it turns out to be counterfeit, that money will be lost. However, the buyer hired a company called Baseball Card Exchange with little experience Pokemon to verify the authenticity of the box. And so it happened, although it was not for this that I opened the box. In addition, he did not publicly disclose his authentication process, which is the norm in the industry. The box was then sold for $2.7 million to another collector and then to Logan Paul for $3.
