MarketCards first MintBox tops $300,000 as public card token sale opens

The first MintBox for tokenized interests in rare one-of-one cards reached 101.6% subscription within 22 hours, with USDC-based participation, lottery allocation, and secondary trading scheduled for June 8.

USDC

Summary

MarketCards said its first MintBox, the platform’s first issuance event for 100% public distribution of tokenized interests or rights in rare one-of-one cards, opened on June 4 and drew more than $300,000 in subscriptions within 22 hours, reaching a 101.6% subscription rate. Users participate with USDC, and allocations are determined through a public verifiable lottery. The platform said unselected USDC can be manually withdrawn after results are announced. The subscription window was shown as set to close in 66 hours. Secondary trading is scheduled to begin on June 8, though the two source records cite different start times: 8:00 Beijing time in the older record and 16:00 Beijing time in the newer record.

Terms & Concepts
  • MintBox: MarketCards’ issuance or subscription product for tokenized card interests or rights.
  • public verifiable lottery: A transparent allocation draw that participants can independently check.
  • oversubscription model: A sale structure in which demand can exceed the available allocation.