Listing Pokemon Oreos On eBay For $ 10,000 – Should You Buy An NFT Instead?
As the federal government plans to mint a $ 1 trillion coin to keep the United States from defaulting on debts, the folks at Nabisco recently released a tastier treat with significant value.
See: What are the 10 most expensive Pokémon cards?
Find: The Hype Around NFTs: What Are They? And how expensive are they?
In early September, the cookie brand Oreo collaborated with Pokemon to introduce cookies with Pokemon characters molded into the cookie. While Specialty Oreos aren’t quite worth a trillion dollars, they sell for more than you’d expect for a modest lunchbox snack.
Rare Pokémon-like cookies, such as Mew, are listed on eBay for up to $ 10,000 per cookie. It’s not uncommon for Pokemon collectibles to sell for such high prices. A rare Charizard card sold for $ 400,000 during the height of the COVID-19 pandemic, according to CNN.com. However, it is curious to see food products with a limited shelf life selling so much.
Are you going to buy them all?
Pokemon fans and Oreo enthusiasts alike are looking to cash in on this latest trend. A Pokémon collector on Instagram said, “I’m going to buy all the cookies and then sell them back for a billion dollars.”
However, it should be noted that Oreo cookies, as a food, tend to spoil and, when they do, can attract ants. You can keep Oreos in the freezer for up to 8 months, according to several sources, and once thawed, they’ll be as good as new to eat. But it would take an incredible craving for sugar to indulge in a processed $ 10,000 snack.
You can also “keep” the cookie as a keepsake by drying it and storing it in an airtight container with silica gel desiccant, according to Sweetopia.net. The blogger also recommended spraying hairspray on the cookie and labeling it “Do not eat” for safety reasons.
Pokemon NFT: Durable, but not as good with milk
If this all sounds like a lot of work, you may want to consider a more sustainable investment – non-fungible tokens. NFTs are available in likeness of Pokémon cards through a marketplace called Digible, according to CoinTelegraph.com. These NFTs differ from other tokens in that they are backed by real, real world Pokémon cards.
“It’s a digital representation of a physical thing and these are backed up one by one,” Digible co-founder Daniel Pustelnik said in the CoinTelegraph.com article.
“You can’t have duplicates, you can’t have repeats – and as soon as it leaves the ecosystem, the NFT is burnt. Vice versa, once it enters the ecosystem, an NFT is created.
Popular and rare Pokémon character NFTs are easier to store and redeem than Pokémon Cards or Oreo Cookies, with a lower risk of theft and no risk of loss or damage from real world elements such as floods or fires.
The next big thing for collectors
If Pokemon isn’t your thing, you might want to consider investing in other NFTs as well. Yahoo! Finance predicts that the SolantisNFT, which is traded on the Solana blockchain platform, should be “the Pokémon of the NFTs”.
The NFTs feature the likenesses of characters drawn from ancient civilization and Greek mythology. Each character has their own story, giving NFTs an appeal beyond their investment value. Yahoo! Finance writes that the Solana blockchain has grown 300% in recent months to reach a value of $ 48 billion.
NFTs are not only easier to trade, sell and store than cookies, but they are more likely to retain their value. Nigel Green, CEO of deVere, a financial advisory organization, told TechnologyDecisions.com that the market reached new highs in the second quarter of 2021, with revenue of $ 2.5 billion, or nearly 20 billion. times more than in the first half of 2020.
See: NFT-Based Video Game Helps Players Earn Crypto While Playing Online
Find: A $ 180,000 Pokémon Card & The Geekiest Stuff That Could Make You Rich
With experts predicting that the NFT market will explode in value in 2022, there is a high probability that your investment will not collapse.
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This article originally appeared on GOBankingRates.com: Listing Pokemon Oreos on eBay for $ 10,000 – Should You Buy an NFT Instead?