NFT Trading Cards have become a hot topic with artists, musicians, sportspeople, and even entrepreneurs making millions buying them.
Virtual Trading Cards are just as unique and easily accessible as its real-life counterpart. They are attracting millions of collectors to pay a premium to add them to their collection. NFTs are taking the collection to the next level by overcoming many challenges faced by the physical collectables. Like physical trading cards, trading cards are valued based on their rarity, usefulness, and certification.
These digital trading cards are redefining how collectors collect trading cards. Card games and trading cards have been popular since the ’90s, long before the NFT was introduced. From rare Pokemon cards to sports cards, collectors have spent thousands of dollars keeping rare cards in their collections.
NFT Trading As Investment
Trading card games and collectables are gaining new life on the blockchain with unique assets trading and storing methods. Decentralized networks ensure that collectors can now trade game items on third-party platforms or marketplaces, changing how we perceive ownership in the digital age.
Keep reading to learn more about NFT cards,how they are disrupting the industry and where you can get your NFT trading cards? NFTs are taking over the collectibles. Everything from art to tweets are being bought and sold using NFT trading cards. Here XANALIA Marketplace is allowing users to buy, sell, manage and store NFT trading cards with a few clicks.
These are digital trading cards available on the blockchain network. Due to blockchain technology, people can verify the ownership and authenticity of NFT trading cards.
How Do Trading Cards Work?
Like real-life trading cards, NFT trading cards are valued based on their rarity, usefulness, and certification. Many collectors buy them for the show, just as enthusiasts do with regular trading cards at conventions. Others collect NFT trading cards as investments and sell those that are valuable. But, like traditional trading cards, the value of cards can fluctuate in the secondary market. New NFTs and combinations are released, and trends can change, especially gaming trends. So you should always DYOR (do your own research) before deciding which NFT trading cards to buy.
How can Trading Cards Change the Collectibles Industry
- Hassle-free Authentication Process
Previously, trading card collectors had to go through a lengthy process to verify the authenticity of their trading cards. People had to send their cards to professional verification and grading services.
The history of the digital asset can be easily viewed and verified on the blockchain ledger. You can easily verify when the asset was created and who created it, and how many editions it has. Additionally, you use the blockchain ledger to see the NFT trading cards transfers and trades as well as who owns it right now. This eliminates the possibility of authenticating counterfeit assets and shortens the lengthy verification process.
- Increased Variety and Utility of Cards
With the growing popularity of NFTs, a growing number of mainstream artists, celebrities, and major sports organizations are using NFTs as a new way to reach new audiences. It has led to an increase in merchant card games, collectibles and memorabilia being released on NFT markets.
In addition to the traditional benefits of owning collectibles, some trading cards also offer benefits to holders, such as the ability to use them in NFT games, exclusive access to sporting events, and more.
- Minimizing Accidental Depreciation of Value
Physical trading cards suffer from creases, stains, and scratches. No matter how you take care of them, they will inevitably go through normal wear and tear over time, reducing their value.
Future of NFT Trading Cards
Trading cards have been around for a long time. The uniqueness and rarity of some cards give them immense value. However, issues such as the lengthy verification process and card retention have become a challenge for collectors. NFT technology has solved many physical accumulation problems regarding NFT trading cards, and could make them a much more liquid market in the future.