Jan 18, 2018
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Logan Paul's $16.5 Million Record Pokémon Card Auction Ignites ‘Slop Tokenization’ NFT Debate
Logan Paul sold a rare Pikachu Pokemon card for $16.5 million, setting a record for the collectible. Paul said only 5.4% of the intended 51% stake was sold, raising about $270,000, which he later repurchased.
➤ Logan Paul's record $16.5 million sale of a rare Pokémon card is overshadowed by controversy surrounding its previous fractionalized NFT offering. ➤ Critics labeled the NFT structure 'slop tokenization,' highlighting a disconnect between the token and actual asset rights, especially after the Liquid Marketplace failed. ➤ The incident occurs amidst a broader downturn in the NFT market and struggles in Bitcoin and Ethereum prices, raising questions about the integrity of such tokenization efforts.
In this episode, we discuss the possibility of Natalya retiring, Mickie James’ WWE return, Logan Paul vs Rey Mysterio, and the AAA CMLL relationship with regards to AEW. All this while we also take a look at the latest WWE and AEW news and rumors. Don't Forget to Support Our Sponsors: www.wwwawrestling.com