July 14, 2022<\/p>\n\n\n\n
By Murtuza Merchant<\/p>\n\n\n\n
Famous YouTuber and professional wrestler, Logan Paul has turned an extremely rare 1998 Pikachu Illustrator Pok\u00e9mon card into an NFT.<\/p>\n\n\n\n
In fact, Paul paid a whopping $5,275,000 for the card.<\/p>\n\n\n\n
Notably, the card has even broken the Guinness World Record for the most expensive Pok\u00e9mon trading card sold at a private sale.<\/p>\n\n\n\n
About Logan Paul\u2019s Pok\u00e9mon Trading Card NFT<\/strong><\/p>\n\n\n\n In a recent video, Logan Paul shared that he bought the world\u2019s most expensive Pok\u00e9mon trading card for nearly $5.3 million.<\/p>\n\n\n\n According to him, the rare Pikachu Illustrator Pok\u00e9mon card was rated 10 by the PSA grading company.<\/p>\n\n\n\n Recently, Paul even flaunted the priced possession by wearing it on a golden chain around his neck at WrestleMania.<\/p>\n\n\n\n Now, he is offering \u201cco-ownership\u201d of an NFT of the card through his NFT platform, Liquid Marketplace.<\/p>\n\n\n\n \u201cI will be listing this card on a platform I co-founded called Liquid Marketplace,\u201d Logan Paul said. \u201cIt allows co-ownership of top tier assets, so instead of one person (me) owning this card, we as a collective can co-own it together.\u201d<\/p>\n\n\n\n Furthermore, Logan Paul will list the rare Pok\u00e9mon card for $5 million or 50 million Liquid Marketplace tokens. Each token, meanwhile, will cost $0.10. That said, Paul will still have 49% ownership of the card.<\/p>\n\n\n\n In addition, the card will be kept in a community vault. Paul can only wear it to WrestleManias if the community of token holders votes for it.<\/p>\n\n\n\n Logan Paul and NFTs<\/strong><\/p>\n\n\n\n Logan Paul has been spending millions of dollars on both expensive Pok\u00e9mon cards as well as a range of NFTs. Currently, he has one of the top celebrity NFT portfolios, valued at nearly $1 million (at the time of writing).<\/p>\n\n\n\n His portfolio boasts NFTs from top collections such as CryptoPunks, World of Women NFTs, Otherdeeds, and Tom Sachs Rocket Factory, to name a few.<\/p>\n\n\n\n As per DappRadar data, three CryptoPunks are the most expensive NFTs in his collection. CryptoPunk #2294 takes the top spot, with an estimated value of around $216,000. CryptoPunk #7861 and #4484 follow suit with a value of about $102,000 and $87,000, respectively.<\/p>\n\n\n\n About Liquid Marketplace<\/strong><\/p>\n\n\n\n Logan Paul announced the launch of his fractionalised NFT marketplace, Liquid Marketplace in April this year.<\/p>\n\n\n\n Essentially, the platform allows anyone to co-own some of the rarest digital assets in the world.<\/p>\n\n\n\n In short, it aims to democratise NFT ownership, removing the need to spend millions of dollars to buy a valuable NFT.<\/p>\n\n\n\n At the time, he said, \u201cBy fractionalizing expensive assets, we\u2019ve essentially made it possible for ANYONE to own ANYTHING.\u201d<\/p>\n\n\n\n Liquid Marketplace first evaluates, authenticates, and appraises various collectibles, before storing them in a secure vault.<\/p>\n\n\n\n Then, the tokens for corresponding collectibles are listed on the platform. Those interested can buy these tokens for as low as $0.10.<\/p>\n\n\n\n Some of the rarest collectibles on the platform include a PSA 8 Pikachu Illustrator card, Logan Paul\u2019s 1st Edition Pok\u00e9mon Box, and CryptoPunk #6837.<\/p>\n\n\n\n About the author<\/strong><\/p>\n\n\n\n Murtuza Merchant is a senior journalist and an avid follower of blockchain and cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":" July 14, 2022 By Murtuza Merchant Famous YouTuber and professional wrestler, Logan Paul has turned an extremely rare 1998 Pikachu Illustrator Pok\u00e9mon card into an NFT. 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