2019 Panini Blockchain National Treasures Cards – Week 2Brand: National Treasures, Online Exclusives
2019 Panini Blockchain National Treasures brings licensed sports cards to the world of crypto-collectibles.
The multi-sport set combines the high-end National Treasures card brand with Panini's own private blockchain. The initial buyers receive both a digital and physical card that is each a one-of-one collectible.
2019 Panini Blockchain National Treasures Set Details
Exclusive to Panini's online store, 2019 Panini Blockchain National Treasures features 100 cards from some of the biggest names across multiple sports. It seems that all cards showcase a signature, many are signed on-card, and nearly all the cards contain a quality relic piece, as well. For the NBA players, the swatches are mostly logoman patches.
How Panini Blockchain Works
As most collectors are aware, all of this is pretty standard for the NT brand. The difference for 2019 Panini Blockchain National Treasures is that each card comes in two forms. The physical version—listed as a gift with purchase—appears to be the same as any other National Treasures card except for the added Panini Blockchain logo. Collectors are mainly buying a digital version that is stored on the Panini Blockchain.
Per Panini, the main appeal of this format is that it offers collectors the "highest degree of legitimacy for the digital collectible they own and proof of ownership." Going further, "The blockchain can also serve as a digital ledger tracking ownership of a blockchain asset by creating a new chain every time there is a new transaction related to that asset. The unique public facing Blockchain identifier ensures your digital asset cannot be duplicated, faked, or disputed."
Essentially, the digital card promises full provenance and proof the card is yours. Plus, there is an automatic record for any transactions tied to the card via the "Listing History."
It is important to note that these cards can only be purchased with US dollars and there is currently no way to remove the digital card from Panini's "private-closed" blockchain. For a fee, cards can be traded, auctioned or resold within the closed blockchain via "Public Auctions."
Panini also makes it a point to distance the concept from popular cryptocurrencies like Bitcoin and Ether.
Where to Buy Panini Blockchain
2019 Panini Blockchain National Treasures is only available directly from Panini. Starting January 6, each week brings 10 new cards that are all one-of-one editions. The cards are sold through a "Dutch Auction" format. In this case, each card starts at $100,000 and the price drops until every card is sold. The price decreases a small amount every five minutes and continues to dip in price for as many as four days until the card sells. In theory, the price can drop all the way to $0.01, but that won't happen.
The Kobe Bryant was the first to sell ($61K), greatly outpacing the rest of the Week 1 cards, which all went for around $4K or less.
Although these online cards are the only option initially, Panini plans to offer blockchain cards in future physical sets for NBA, NFL and MLBPA.
2019 Panini Blockchain National Treasures Checklist
Base Autographs Set Checklist
Christian McCaffrey - Panthers ($1,306.13)
Coby White - Bulls ($1,959,19)
Damian Lillard - Trail Blazers ($1,959.19)
Gleyber Torres - Yankees ($1,551.03)
Honus Wagner - Pirates ($3,102.05)
Kobe Bryant - Lakers ($61,714.29)
Kyler Murray - Cardinals ($3,183.68)
Luis Suarez - Uruguay/FC Barcelona ($571.44)
Peyton Manning - Colts ($1,224.50)
Ja Morant/Rui Hachimura ($3,591.85)
Charles Woodson - Packers ($653.07)
De'Andre Hunter - Hawks ($1,959.19)
Diego Maradona - Argentina/SSC Napoli ($979.60)
Jerry Rice - 49ers ($1,959.19)
Kevin Garnett - Timberwolves ($4,653.07)
Patrick Mahomes - Chiefs ($4,796.60)
Rui Hachimura - Wizards ($3,510.21)
Russell Wilson - Seahawks ($1,959.19)
Shohei Ohtani - Angels ($1,795.93)
Ja Morant/RJ Barrett ($3,918.38)
Barry Sanders - Lions
Carson Wentz - Eagles
Daniel Jones - Giants
Eloy Jimenez - White Sox
Mickey Mantle - Yankees
Neymar Jr - Paris St. Germain
Paul George - Clippers
Zion Williamson - Pelicans
Bret Favre/Aaron Rodgers