Bitwise analyst: Pokémon card market is ushering in RWA crypto transformation, which may bring about the impact of Polymarket on the forecast market

PANews September 4th news, Bitwise analyst Danny Nelson pointed out that the Pokémon card market is ushering in a crypto-transformation. At present, most RWA projects in the crypto field mainly serve traditional financial markets, such as treasury bonds, real estate, gold and stocks, but these markets already have mature digital trading systems, so cryptography only brings about efficiency improvements and has not completely changed its operating model. In contrast, the Pokémon card market has reached billions of dollars, but it is still mainly based on offline transactions, and the trading process is inefficient. Social auction app Whatnot generated $3 billion in sales last year through Pokémon card transactions, but the market still lacks formal investment tools such as ETFs or funds. This week, CollectorCrypt's tokenized Pokémon card trading platform attracted much attention. Users can quickly buy and sell digital cards, or deposit physical cards into the platform to generate NFTs for transactions. Their token CARDS has increased by 10 times in one week, and their annualized revenue is estimated to be 38 million US dollars. In addition, the "Gacha machine" (gacha machine) revenue reached US$16.6 million last week, and the team faced pressure to replenish stocks due to excessive demand. Danny Nelson believes that cryptographic innovation in the Pokémon card market may become the mainstream breakthrough point, similar to the impact of Polymarket on the forecast market, creating global demand for new services.