tcg

Let’s be real: the "get rich quick" era of Pokémon is officially dead. After spending way too many late nights staring at pop reports and watching market floors crumble, I wanted to put together a raw look at where we actually stand right now in 2026.
If 2024 was a non-stop party, we’re currently dealing with the massive hangover.
When "Investing" Hits a Wall
If you look back at 2024 or 2025, the hobby felt more like a casino where nobody thought they could lose. You’d have booster boxes hitting "moon" prices before they even arrived at the local card shop. The price swings on a high-end "Waifu" or a Charizard SAR were more volatile than a garbage meme coin.
Your social feed was probably a toxic mess of "influencers" screaming about "buying the dip" or "last call" before a set went out of print. But sitting here in 2026, looking at "grail" cards that have lost 50%—or more—of their value, it’s time to face facts. The "Greater Fool Theory" has finally run out of fools.
The PSA 10 Myth is Dead
There was a time when a PSA 10 slab felt like a true heirloom. It was the gold standard. But once the plastic case started being worth more than the actual art inside, things got weird.
We’re now living through peak Grade Inflation. It’s hard to call a card "rare" when you check the database and realize there are actually more PSA 10s in existence than there are raw copies. Grading companies basically turned into high-speed printing presses. People stopped paying for the soul of the card and started paying $20 for a plastic slab and a thermal label. Between the oversupply and the constant "re-slabbed" fake drama, that wall of trust has pretty much collapsed.
Who Was This Actually For?
The frenzy of the last couple of years was a total nightmare for anyone who actually played the game. It felt like a constant war between people who loved the hobby and flippers who just wanted to extract value.
We saw "market makers" colluding with influencers and scalpers using bots to wipe out Target shelves just to create fake scarcity. It turned a tabletop game into a distorted financial derivative. Half the guys talking about "Annualized ROI" probably couldn't tell a ( Fire type ) from a ( Water type.) They took the simple joy of ripping a pack and replaced it with a spreadsheet.

The Collector’s Awakening
The silver lining of 2026 is that the collectors finally woke up. People are tired of chasing "chase cards" manipulated by whales. Instead of blowing three months' rent on a slabbed card, there’s a massive shift back to the basics.
Real passion doesn't need a market price to be valid. For most of us, the real "win" isn't a flip it’s finally finding that 2023 Yokohama Worlds promo and putting it in a nice magnetic one-touch on your desk. Looking at the art while you work provides an "emotional ROI" that a slab locked in a dark safe will never touch.
The Bottom Line: Winter is Good for Us
This market crash isn't the end of Pokémon; it’s a reset. As the "investors" bail because the easy money dried up, the people left behind are the ones who actually care. It’s the people brewing decks, the ones who still get hyped over a beautiful illustration, and the ones who find magic in a "god pack."
The market might look "dead" to a Wall Street guy, but for those of us who love the game, we finally got our hobby back.

#TCG #RWA

昨天整個加密市場被血洗，BTC 一度跌個好幾趴、主流與山寨跟著走弱，ETH 單日跌幅也相當有感，整體氛圍不算友善。這在各大行情網站都看得到，從媒體盤後回顧到即時報價，幾乎一面倒在談拋售、清算與避險情緒升溫。不過就在這種市況下，$SUI 生態反而衝出了一個熱點：Momentum（MMT）。它是 Sui 上的 DeFi/DEX 樞紐，最近完成 TGE、交易所陸續上架，直接把討論度拉滿。
所以問題來了：$MMT 會不會是大家口中「Sui 最後的拼圖」？

我的看法是——不是，但它是「很關鍵的一塊」。為什麼？
第一，MMT 的創新性在「整合度與體量」，不是敘事本身。
MMT 把交易、LP、借貸、LSD 這些功能揉成「一站式 DeFi OS」，這對 Sui 的流動性厚度是加分的；但就商業形態，它本質仍是基礎金融基建（DEX/流動性引擎），敘事與玩法大家並不陌生。好消息是：它把 Sui 缺的那塊「流動性樞紐」補上了；壞消息是：光有樞紐，還不等於能把 Web2 使用者帶進來。
第二，「出圈」不只靠 TVL 或上架熱度，還要靠應用的可感知度。
這波 MMT 的曝光確實替 Sui 打開更大的聲量（不否認這是好開始），但你要問「最後拼圖」——在我心中，那一塊應該是把 Web2 流量、真實娛樂需求，真的搬進 Web3 的那個協議層。也就是：不是只有金融人看得懂，而是一般玩家也願意用、願意留的那種。
為什麼我說「最後拼圖」更像 Jackson.io？
因為它把「協議做成媒合引擎」，而且媒合的是「遊戲 × 流動性 × 供應商」。


如果你熟 Hyperliquid：它是用鏈上訂單簿把「各種合約交易」標準化成一個可擴展的撮合層；Jackson.io 做的事情很像把這個「可擴展撮合的精神」搬到「遊戲協議」上。Hyperliquid 媒合的是永續合約品種；Jackson 媒合的是不同「遊戲類型」與「持牌合作商」＋「LP」＋「玩家」的三方互動。聽起來抽象？你就把它想成：「鏈上可以匹配任何遊戲類型的 Hyperliquid」。
為什麼 Jackson 一開始選「菠菜類型」的遊戲接入？不是因為只想做菠菜，而是這類型最能在早期、最快把 LP 盈利能力與三方協作邏輯跑明白（數據清楚、週期短、驗證快）。也因為合作方是持牌供應商，可以比較乾淨地測通分潤、清算、風控等協議流程。等底層把關鍵環節驗證完，接下來再把協議能力「水平擴展」到 RWA、TCG 這些更能觸達 Web2 使用者的場景——這就是他們下一步要宣布的方向，上線時程落在今年底到明年初之間。

那 TCG 為什麼重要？

因為卡牌本身就有「娛樂性 × 收藏性 × 二級市場流動性」。你看 Pokémon、MTG、遊戲王這些 IP，稀有卡能被長期定價，是因為共識與稀缺。把這種「現實世界已被驗證的價值」透過 RWA/鏈上所有權搬進來，玩家不必先理解複雜的 DeFi 模組，也能直覺感受到資產的「真實性」與「可交易性」。這條路，比起只堆 DeFi 拼圖，更有機會把 Web2 受眾 帶進來（這才是 Sui 要補的最後一塊）。
回到標題：MMT 是不是最後拼圖？
結論：不是。
它是很重要的「流動性與金融基建拼圖」，但能不能把 Web2 帶進 Web3，要看「應用層」能不能讓一般人有感。我更看好 Jackson.io 在這裡扮演「最後那一塊」：
用「遊戲協議作為媒合層」，把 LP、合規供應商、玩家有效撮合；先用菠菜場景把盈利與分潤邏輯跑順，接著往 RWA × TCG 延展；讓「本來就有現實流通價值的資產」真正上鏈，降低 Web2 用戶的理解門檻，把人帶進來、把資產留在鏈上。
MMT 讓 Sui 的金融肌肉更結實；Jackson.io 則有機會讓 Sui 的使用者與內容更「有生命」。拼圖要完整，兩塊都要，但最後那一下「出圈」的臨門一腳，水哥我會押 Jackson。#MMT #sui #TCG #jacksonio