Charizard Grail Auction is Live: Courtyard.io and Polygon Labs Usher in a New Era of Collecting

Polygon Labs and Courtyard.io are revolutionizing the way we collect and trade physical objects by auctioning the ultimate Pokémon grail—a Gem Mint 1st Edition Charizard. This historic auction is taking place onchain via Courtyard’s platform, which runs on Polygon PoS. The month-long auction went live on December 6th and is accessible at Courtyard.io.

Key Ideas

Iconic Collectible Auction: The PSA 10-graded 1999 1st Edition Holographic Charizard Pokémon card is one of the most iconic trading cards in history, previously sold for a record-breaking $420,000. This rare and valuable card is now being auctioned onchain, with a current valuation of approximately $250,000. There are only 125 PSA 10-graded Charizard cards in existence, making this auction a historic event for collectors and the Web3 community.
Courtyard.io and Tokenization: Courtyard.io is a collectibles platform and marketplace for real-world assets like graded Pokémon and sports cards, built on Polygon PoS. The tokenization process involves secure storage of the physical collectible in a Brink's vault, creating a detailed 3D model and high-resolution scans of the asset, and minting a non-fungible token (NFT) on the Polygon PoS blockchain. This NFT represents ownership of the physical asset, enabling secure and transparent trading. The tokenization process unlocks several benefits for collectors and traders, including fractional ownership, instant liquidity, increased transparency, enhanced security, and DeFi integration.