The $100M Crypto Niche Nobody Talks About | NYC
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0:00A: So I know perps. Perps are like leverage trading, right? Yes. Okay. And then I know the speculative, like the markets, you said prediction markets, like Polymarket, betting on real-world events, price action, etc. What’s gachas?
0:13B: Gachas are loot boxes. So you go in, you buy a Pokémon card loot box. Yeah. You spend $100, you get maybe a $5 card, maybe a $1,000 card. Those are doing so much revenue right now. The 2 top gachas are Courtyard and Collector Crypt, and they both do about $50 to $100 million in revenue annualized right now. Nobody knows about it. But I think that industry is going to expand excessively because --
0:39A: This is the gacha interview.
0:40B: Okay, this is the gacha interview. I think it’s gonna be --
0:43A: You just broke a story I haven’t heard of yet.
0:44B: So, dude, go down DeFi Llama and the top 25 protocols by revenue, 3 of them are gacha protocols and nobody’s talking about it. And of course, Pokémon cards are hype. They’re
