Kaj Leroy, a key developer of the XRP Ledger ecosystem and creator of the first major NFT collection on XRP (XPUNKs), predicts a blockchain trading card game (TCG) boom that will attract venture capital and specialized ETFs in the coming years. His own hybrid project Fuzzycards on XRP Ledger issued approximately 100,000 booster packs where NFT holders burned them to receive physical cards. Yuga Labs’ launch of Mudwater cards on the Solana blockchain, where each real pack is tied to an NFT, confirms the institutionalization of this mechanic. Leroy compares the current situation to the rise of the Pokémon franchise in the 1990s and forecasts that major brands such as Mario, Harry Potter, and Tolkien will move their TCGs onto on-chain rails to control the secondary market. He believes TCG ETFs, hedge funds, and venture capital will follow, significantly expanding the market.
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