Business
Trading-card pack opening becomes a $2 billion market with new apps
New pack-ripping apps are reshaping card buying and selling but raise concerns about slot-like payoffs, analysts say.
Photo: Kidfly182 / CC BY-SA 4.0, via Wikimedia Commons
Opening trading-card packs has grown into a $2 billion market, according to MarketWatch.
New applications, known as pack-ripping apps, are changing how people purchase and trade cards by simulating the experience digitally.
Analysts have raised concerns that these apps feature a 'slot-like payoff,' suggesting they carry risks similar to gambling.
The rise of these apps indicates a shift in the trading-card industry toward digital platforms, impacting consumer behavior and market dynamics.
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