this
$cards uptrend is solid and text book, keeps breaking out and consolidating above highs.
ppl keep pointing out the revenue numbers that collectr crypt are doing shouldn't be used because revenue isnt profit, which is absurd, but lets agree for the sake of their own argument and use profit numbers instead.
collectr crypt did 4.6m profit last month and this month all signs are pointing towards that being even higher, annualized thats 55m profit.
if we were valuing this like a stock we'd be talking 700m-1b mcap and thats conservative.
team has already said they intend to do buybacks in the future but will do so months after the fact so people cant frontrun them, telegraphing it to the world is -EV for them duh.
also FWIW many people obivously want buybacks but as a holder i personally want the team to keep reinvesting profits into inventory, team also knows this is how they win.
not only are they making insane money on the gacha itself but long term, the real growth imo will come from the marketplace itself which takes a 2% fee for any slabs sold (ebay charges 10%)
this relies on people keeping cards they pull on collectr crypt and trading on the marketplace, and the only way the marketplace gets the liquidity it needs to succeed is by constantly procuring more inventory and people keeping cards they pull on the gacha, they incentivize people keeping the cards by having the spins be EV over the long term which they are already doing and around 35% of people are already keeping cards pulled
buybacks are great for the short term non believers but they come at the expense of growth, and i believe the team knows this,
@TuomHolmberg seems like a very smart guy.
when you look at the numbers these gacha companies are doing, making ath's in volume and revenue every single month, it seems like a no brainer to pick up a bag, especially seeing them down 90% and accumulating with the insane growth in the background.
collectr crypto is doing more in revenue every single month since the start of the year than the marketcap of the token
if youre into TCGs and into crypto but not playing the thesis on chain then that would be insanely silly imo