The last time I calculated the value of my Pokemon collection I estimated about 3000€. But that's sadly not the reality. For example in the picture you can see 7 minty German Garchomp Lv.X cards. Last one sold for ~60€. BUT this card is listed and sold only once every 3-4 months on the open market because it's so rare in a mint condition. If I would sell only one of them everything would be fine. But I won't be able to sell my whole collection because this would drop the price by a lot. 🤔😔😔 Safely selling my whole collection probably would take a year or so... This scarcity probably reminds you of FTX's FTT, Binance's BNB, Bitcoin.com's Verse, Crypto.com's CRO where the company holds the majority of Tokens. The only difference is that these tokens are a "cash grab" to enrich their company. 😬
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Doesn't bnb have a function? It was like wax for a while. People built over bnb instead of eth just like how they minted in wax instead of eth, too. Not arguing against it being a cashgrab, but it might be that & a little bit extra?
Besides BNB being almost as horrible as Solana it doesn't matter if the coin has a "function" or not tbh. 🤔 I can create a Rektflip chain which you can use to execute smart contracts on. 80% of the Rektflip coins I keep for myself and 20% I sell in an ICO or so. The network has 10 validator nodes. I'm running 4 and my friends 6 of them. That's basically the same like all these centralized scam/cash grab projects. 😬 But at the end it's just my personal opinion.
I just mean that despite being a cash grab, it will probably take more to take it down compared to other vanity coins.
Yes. This could potentially be true.