Rare 1st Edition Pudgy Penguins Vibes - Enter the Huddle RWA NFT
As you know, I really believe in Real-World Assets (RWA) as an NFT strategy and all my NFT purchases are now RWA backed to tangible assets I can burn and sell off-chain if I wanted to.
I own a lot of trading cards and memorabilia this way and am active in buying and selling these as a decent side-hustle. Some of the most popular and really valuable are still Pokemon trading cards and having them as RWA is opening up trading to a whole new market.
I was fortune enough to get in on a rare Pudgy Penguins 1st Edition mint on the Solana blockchain a few days ago. They made 244 of the Vibes - Enter the Huddle sealed boxes available for a minting price of $144 USDC.
The RWA is represented as a single NFT but it is linked to the physical asset of a sealed box with 20 packs of 12 trading cards in each pack. Each pack includes the following cards:
🔸4x Common cards
🔸3x Uncommon cards
🔸1x Rare or Epic Rare card
🔸1x Foil of any rarity, or Artist's Sketch
🔸1x QR code card, redeemable for a pack in the virtual game
The NFT I bought can be sold, transferred or redeemed for the physical product by burning the NFT on the blockchain.
Pokemon 1st Edition are super rare but it's taken 10 years to appreciate in value. With Pudgy Penguins still trading with a floor price of 24 $ETH I think these rare 1st edition packs are going to do well in a few years.
The RWA assets I have acquired are all long-term plays. I don't believe RWA are short-term strategies and you should think of them as rare collectables that, in a more traditional sense, take time to appreciate in value. I see them as investments to top up my retirement fund in 10 years time. If you're looking for quick returns, RWAs are not the play.
Have a look at some of the other RWA trading cards I have for sale at the moment.
2010 Panini Michael Schumacher FC Koln Football Sticker #129 PSA 8 Near Mint-Mint
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This PSA 10 Gem Mint Acerola's Premonition 255 SR VMAX Climax Full Art Pokémon Card is a rare and valuable, stunning full art design and holographic finish. Featuring Acerola, a popular character from the Pokémon TCG, this Japanese-language card is a Secret Rare Trainer-Supporter with the card number 255/184.
Pokémon Gothorita 213/193 Illustration Rare PSA 10 Gem Mint (Paldea Evolved, 2023)
The 2010 Panini JustStickIt! Michael Schumacher FC Koln Football Sticker #129 is a rare collectible sticker featuring the former German Formula One driver player for German football club FC Koln.