How are people missing this!
@Collector_Crypt metrics are absolutely exploding while solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp trades at sub 1x earnings despite every financial KPI simultaneously printing new ATH's!
Let me put this into perspective... Gross Profit peaked at $811k on a single day (June 10). Annualized gross profit (current ATH rate) comes in at ~$296M/yr.
This gives CollectorCrypt a 0.2 P/E to MC ratio ($55M) or a 1.45 P/E to FDV ratio. ($439M)
But Dom "Token has no Value and the buyback mechanism is discretionary"
@TuomHolmberg has made it clear that he intends for all economics to flow back to the token, it is simply a matter of legislation and legal clarity.
"Well 90% of revenue is coming from Pokémon cards anyways"
The majority of revenue coming from Pokémon cards is a strong argument for growth. The door for One-Piece, sports cards, comic books and beyond is wide opened and Collector crypt is well positioned to capture this.
This is also represented in DAU's. Just yesterday we set a local ATH of 828... This is next to nothing in terms of addressable market. there are 420 million collectors worldwide that are largely unaware of the offering and solutions Collectorcrypt can offer. What do you think happens once they discover CC?
Closing thoughts:
- Revenues and profits are quickly ramping up
- Crypto traders are asleep at the wheel
- Their white-labeled product is quickly becoming the standard. If any of the apps built on CC win, CC wins
- DAU climbing
- Token accrues all value
- One-piece and other trading cards gaining traction
- $2500 packs have been a huge success
- ~$35M NAV (Cards in treasury)
- Web2 presence growing
Despite the impressive numbers i do expect growth to continue from here.
Listen to my full conversation with
@bassbuddha on
@MCGlive below (ALPHA)