Didn’t expect that just a couple of days ago I bought a set of LABUBU, and now almost every item has a price increase of 30% to 50%. Could it be that friends who don’t know how to trade cryptocurrencies are really jumping into LABUBU?

Blind boxes originally priced at 99 to 200 CNY are now easily doubling, and LABUBU 3.0 is even more outrageous, originally priced at 600, now the market price skyrockets to 3000, nearly a 6-fold increase! The key is: every day goods are being released across the country, and there’s no limit, yet they are still sold out; flipping them yields a 500% profit, even drug dealers would be in tears.

Compared to NFTs, POPMART is not only “good quality at a low price” but can also be taken out for “social bragging.” Trendy toys might just be the ultimate way to save NFTs.

Are there any Web3 projects looking to replicate this? Creating a combination of “NFT + physical blind box” that can showcase on-chain and be played with offline would be the perfect bridge connecting the virtual and reality, completing the transition from Web2 to Web3. 🫡