Our favorite amateur boxer Pauls Pokémon NFT tanked

Man, $1k Evolutions boxes seem like a steal compared to NFTs lol. Hell, they make $5k PSA 9 Base Unlimited Charizards seem like a steal, too.

Here’s the issue: a collectible will never be successful over the long-term unless collector demand continuously outstrips speculator demand. We can argue about whether or not certain subcategories of the Pokemon card market are driven primarily by speculators. But there’s not even an argument to be had with NFTs – it’s an obvious and uncontroversial truth that speculator demand outstrips collector demand. And this has been the case since the start.

I wouldn’t touch $1k Evolutions boxes with a 10-foot pole. But I wouldn’t touch NFTs with a 100-foot pole.

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