Play to Earn

Play to Earn token Play to Earn token

Menu
  • Virtual Worlds
  • Digital Collectibles
  • Crypto Art
  • Blockchain Gaming
    • Strategy
    • Role Playing Games
    • Action
    • Racing Games
    • Trading Card Games
  • An introduction
    • What are Blockchain Games?
    • What are NFTs or Non-Fungible Tokens?
    • What’s the Play-to-Earn Business Model?
    • What’s Interoperability?
    • Setting Up a Wallet
Menu
garbage pail kids topps burn 4 gold

Topps Launched Burn Event for Golden GPK Cards

Posted on 2020-12-072021-02-20 by Robert Hoogendoorn
Digital collectiblesGarbage Pail KidsNFT burningToppstrading cards

Trading card company Topps has launched a burn event for digital Garbage Pail Kids collectible cards, potentially rewarding collectors with golden cards. From December 4th until December 9th collectors can burn cards from the Garbage Pail Kids Series 2 to make them eligible of winning random Series 2 gold cards.

For Topps a burn event is interesting for commercial reasons. Burning cards will make them more rare on the public market place, increasing value. As a company Topps makes a small percentage over each sale on the secondary market. Increased value will obviously mean more money.

The burn event is also interesting for collectors, as they have a chance to acquire a rare golden card. However, it should be noted that the Burn 4 Gold event doesn’t provide a guarantee. You might burn fifty cards from the GPK Series 2 and receive nothing.

The Topps Burn 4 Gold event for Garbage Pail Kids has four different tiers. Each of these tiers has different requirements, and requires players to open existing packs or burn base cards. In addition each of the tiers only has a few golden cards available. However, each golden card is unique!

Starting @ 12PM ET, burn your @Topps GPK Original Series 2 cards for a chance to earn GOLD minted collectibles! To participate, visit https://t.co/3TTGWxCPgS, sign in to your @WAX_io wallet, & hit the fire icon to burn cards! For more info: https://t.co/FV7iETkdvI pic.twitter.com/eDJpy3CfL8

— Topps Digital (@ToppsDigital) December 4, 2020

Burn 4 Gold tiers overview

  • Tier 1
    • Burn 5 BASE Cards
    • Unique Gold Cards Available: 40
  • Tier 2
    • Burn 10 BASE Cards; Open 3 Standard Packs
    • Unique Gold Cards Available: 25
  • Tier 3
    • Burn 30 BASE Cards; Open 2 Mega Packs
    • Unique Gold Cards Available: 10
  • Tier 4
    • Burn 100 BASE Cards; Open 1 Ultimate Pack
    • Unique Gold Cards Available: 5

When you qualify for a higher tier, you’re also automatically entered for a lower tier. All collectors need to do is open packs and burn cards. Their actions are stored on the blockchain, and they will automatically qualify for the event. For example, a collector burns 440 cards, and opens two Ultimate packs will qualify 88 times in Tier 1 and 2 times in Tier 4.

Rarity on the blockchain

For years we’ve been curating content on Instagram and collecting achievements on Playstation and Xbox. Apparently we are a generation who loves digital collectibles. However, collectibles are only really collectibles when there’s a certain rarity. That’s where the blockchain comes into place. Through blockchain technology the total supply and ownership of digital assets can be controlled. The technology verifies whether someone has an original version of a digital asset or merely a screenshot.

While physical collectibles could provide a thousand assets, we’d never be able to locate all of them. Rare physical games could become less valuable when suddenly a box of unopened first edition pops-up in an old warehouse. On the blockchain the supply is always clear, and burning mechanisms feed into the concepts of rarity and collectability. Destroying digital assets to (potentially) acquire new ones, is an interesting way for digital collectibles to deal with rarity.

Topps is now introducing this concept to its Garbage Pail Kids digital collectibles. However, it’s quite safe to say that gaming will also deal with this. Card games like Gods Unchained and Synergy of Serra are likely to embrace the same concept, as it would create utility for older cards which in turn creates demand for new cards. Last week Tribal Books burned all the remaining assets from its pre-sale to make sure that these first assets are truly scarce.

Robert Hoogendoorn
Robert Hoogendoorn

Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.

Share this article with your friends:

Related Posts:

  • 30 Blockchain Games To Keep an Eye on in 2021
    30 Blockchain Games To Keep an Eye on in 2021
  • Doctor Who Wants To Keep Old Cards Relevant
    Doctor Who Wants To Keep Old Cards Relevant
  • Play to Earn: Making Money with Gods Unchained
    Play to Earn: Making Money with Gods Unchained
  • Five Major Trends in the NFT Market in 2020 So Far
    Five Major Trends in the NFT Market in 2020 So Far

Trending topics

  • B20 museum cryptovoxels How To Own a Part of the B20 Beeple Art Collection
  • euler beats music NFT Euler Beats Music NFT Already Sold for $458.000
  • ape punk million CryptoPunks NFT Sold for $1.2 Million
  • gods unchained play-to-earn petey Play to Earn: Making Money with Gods Unchained
  • blockchain games 2021 header artwork 30 Blockchain Games To Keep an Eye on in 2021
  • playtoearn alien worlds header Play to Earn: Making Money Mining in Alien Worlds
  • Animoca Brands financial results header Animoca To Add Exclusive NFT Drops to SuperFarm
  • Street Fighter chun-li laura Street Fighter NFTs Already Seen $1 Million in Trading
  • opensea logo header Opensea Launches Free NFT Minting Service
  • Axie Infinity land gameplay grass Axie Infinity Land Gameplay to Become Competitive

What are non-fungible tokens?

non fungible tokens header - league of kingdoms sorare six dragons

What is the Play-to-Earn Business Model?

play to earn header - axie infinity league of kingdoms fiat bitcoin

Play to Earn Online Magazine 

We are citizens of the metaverse. Providing news and editorial content about blockchain gaming, crypto art and non-fungible tokens since January 2020. Part of the Play to Earn Community and media partner of the Play to Earn Game Festival.
Disclaimer || Privacy Policy

Contact

Robert Hoogendoorn 
robert AT nederob NL
nederob#9458 (Discord)

Tip us:

Universal wallet: playtoearn.crypto
ETH | 0x4ccadb03b6d53273e565732f0a472dde82365201
BTC | 34CpoxRwJzEzBg7D6DtXTbkUVvzPXyTbKQ
LTC | LV2CaMFL7LszxSXTgvrroaebXTFgkEf3Kz
WAX | bxzqu.wam
TRX | TKKZvEr8VvrX27jQa52635Xq7SafJAdRCu

©2021 Play to Earn | Design: Newspaperly WordPress Theme