Perfect example of the oracle problem. Logan Paul bought the most expensive Pokémon card for $5.3M and tokenized it on his platform, Liquid Marketplace, allowing investors to buy fractional exposure via platform-issued tokens.
He later bought back the interest before selling the card for around $16M. The platform has since faced regulatory and operational issues, and some token holders have reported difficulty accessing payouts. If investors helped pay for part of the upside, it’s important to clearly show how they were paid back. Fractional ownership without real legal rights is where things start to get complicated.
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Perfect example of the oracle problem. Logan Paul bought the most expensive Pokémon card for $5.3M and tokenized it on his platform, Liquid Marketplace, allowing investors to buy fractional exposure via platform-issued tokens.
He later bought back the interest before selling the card for around $16M. The platform has since faced regulatory and operational issues, and some token holders have reported difficulty accessing payouts.
If investors helped pay for part of the upside, it’s important to clearly show how they were paid back. Fractional ownership without real legal rights is where things start to get complicated.