DeFi rides Pokémon trading card boom as onchain marketplaces bring in $11m
By Tim Craig
AI summary of the source article
Onchain DeFi marketplaces that allow users to trade tokenized versions of physical trading cards generated a combined $11 million in revenue in April, according to DefiLlama. Platforms store the physical cards and issue digital representations as NFTs on blockchains such as Solana and Polygon, enabling speculation without shipping or physical storage friction. While users can redeem NFTs for the physical cards, redemption shipping delays could impact pricing if the market faces sudden selloffs.