Polygon Partners with Courtyard to Enable Pokémon Card Trading

• Polygon partners with Courtyard to enable Pokémon card trading on the blockchain.

• The growing digital collectibles market is getting new opportunities.

Polygon, a blockchain company, owns it collaborate with Courtyard to facilitate exchange of tangible Pokémon cards using blockchain technology. This alliance seeks to simplify the buying and selling of these sought-after collector’s items.

.@Courtyard_NFT bringing the art of collecting and trading real-world assets on-chain, #onPolygon

Their tokenization services and marketplaces bring transparency, liquidity and true digital ownership to RWA pic.twitter.com/ypY9SIqaNx

— atPolygon (@onPolygon_) August 16, 2023

In the past, Pokemon cards could be obtained through brick and mortar stores or online marketplaces such as eBay. However, concerns about fraud on these platforms have raised considerable buyer concerns. The collectibles market, currently worth of $458 billion, projected to reach $628 billion by 2031.

The market value of Pokemon cards is ∼$4.6 billion.

You can now exchange Pokemon cards at Polygon.

Did Polygon just flip ETH in NFT market cap?!🧵(1/9) pic.twitter.com/jmmBnXevuD

— S4mmy.eth (@S4mmyEth) August 17, 2023

To take advantage of this growing opportunity, many Pokémon companies have introduced digital versions of their cards, making use of regulated custodians to facilitate exchanges.

While the transition to digital has potential, the crypto community has raised concerns about content centralization and control. Nonetheless, the Polygon and Courtyard collaboration marks a positive step, incorporating a verification mechanism to authenticate that each digital Pokémon card matches the original.

Revolutionizing Ownership in the Digital Age

Unlike conventional marketplaces and storage solutions, Courtyard.io is revolutionizing the collector’s approach to genuine digital ownership. Operating on the blockchain, this innovative platform leverages its capabilities to ensure unrivaled authenticity, security and accessibility. Through Courtyard.io, collectors can seamlessly transform their physical possessions into a Distinctive Collected NFT digital representation that uncovers opportunities.

Security remains at the core of Courtyard.io’s basic offering. Every collectible item covered by the platform undergoes authentication, storage and insurance procedures under the trusted field of Brink’s, a world-renowned leader protecting trillions of dollars worth of assets. This collaboration guarantees the protection of your beloved possessions through the highest standards of security, providing a sense of security for collectors around the world.

Courtyard.io revolutionizes the paradigm of trade and ownership, facilitating a seamless switch between NFTs holding and trading on compatible platforms such as OpenSea. Powered by the blockchain, geographical constraints become obsolete, allowing assets to be exchanged globally in seconds, breaking down barriers that previously hindered smooth transactions.

An outstanding aspect of Courtyard.io is its ability to generate passive income through trading activities. When your tokenized collection is sold and resold, you receive a 1% commission directly into your digital wallet. This inventive incentive structure recognizes the involvement of collectors in the ecosystem, thereby turning ownership into a dynamic and rewarding venture.

Economical and Transparent Fees

Courtyard.io’s ethos revolves around providing a fair and open fee structure to collectors. Unlike large marketplaces which often charge large fees, Courtyard.io does not charge shipping, storage, withdrawal and tokenization fees until 2024.

Although some might argue that this model introduces an element of centralization, it undoubtedly signals progress. The need for intermediaries to assert the connection of digital assets to elements of their physical equivalent mandates such as insurance, auditing and safekeeping.

In a series tweets, S4mmyEth investigates Chainlink’s proof of reserves, which significantly increases the reliability of real-world asset lending (RWA). Physical validation of assets promises to change the landscape, resulting in transparency and confidence like no other.

The Polygon and Courtyard collaboration provides fans with a safe and uncomplicated way to exchange Pokémon cards on the blockchain. This partnership removes the dangers associated with conventional trading platforms and introduces new prospects for collectors in the dynamic world of digital collections.

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