Just today a Collector Crypt user pulled a PSA 10 2011 Call of Legends Lugia priced at $250,000 from the platform's Pokémon card gacha, the most valuable pull in gacha history.
Rather than redeeming the card, the collector accepted Collector Crypt's 93% buyback option. Based on the stated $250,000 valuation, the payout would total $232,500. The company said the card was then returned to the gacha inventory, making the same PSA 10 Lugia available for future pulls.
Collector Crypt is a marketplace that tokenizes physical trading cards as NFTs. Users can buy, trade, and redeem the NFTs for the corresponding physical cards, or submit eligible cards to receive an onchain representation.
Its gacha product allows users to purchase randomized Pokémon card packs using USDC. Users can buy varying priced packs containing NFT-backed trading cards which, when opened, allow them to redeem the underlying physical card, or sell it back to the platform for a percentage of it's full value.
Collector Crypt card selection uses a Verifiable Random Function (VRF). One VRF process determines the prize tier and a second selects the specific card within that tier. The verification data is published on Solana, allowing users to independently verify the randomness of each draw. Cards sold back to the platform are returned to the available prize pool, allowing them to be won again in future openings.