True Redemption Stats

[zackispoppin]

Droppp shares on Discord the number of each redeemable that is claimed and obviously none are the full production number as some tokens are forgotten or backs are burnt or left unopened. Recently with burns being as large as they are, I'm surprised the redeemables are listed for so low. Squid Game, for example, had 53.23% of the total stock burnt, meaning that each legendary is no more than 1000 units and the grail less than 470. Those are TEENY TINY edition sizes! Blue Diamond from Steven Universe was just over 550 units redeemed and the physical is nearly double what the card cost.

So my stance is... a ~470pc Squid Game, ~775pc Harry Potter, and ~1500pc Star Wars have to fetch MUCH more in hand than their respective prices now, but so many seem to disagree. the 2000pc Harry from LACC is nearly $800 yet the NFT is running ~$600 and some folks don't see it going higher in hand. What are y'all's thoughts?

[dj3cb]

wish they put the actual sticker numbers once its actually redem

[Charger14]

Disney is going to be one of the lowest. I agree, actual sticker numbers would be nice.

[CaseyJones14]

You'd think the edition size would play a big role in the price but that's not always the case. It really depends on the license and how many people are going crazy for it. Prices have been all over the place for NFT's so it's really hard to gauge what'll happen when people have Pops in hand.

[araviele]

This issue you're describing is the sentiment of NFTs by a lot of collectors and buying and reselling in the space being sporadic until the items are physical 1 year+ later.

Collectors of funko have a stance against the NFT related funkos and this is highlighted by the hundreds of comments when a pop get announced as a droppp/nft pop being heavily against NFTs (by confusion of the space or hate idk). Once pops become physical and inhand I believe the scales shift slightly but these pops are forever tagged as NFT Pops which turn people off. The IP has to be very strong for people to think otherwise. Another point to consider is that you invest your money into a hundred dollar+ pop that you won't see until a year+ from the time of the droppp, that's also a turn off to buy something secondhand like that and then you got to deal with Droppp and all their shipping issues. I think the limited piece counts have obviously driven value of these pops against commons but there is a lot of things going against the space to consider too

[deadlycollects]

wish they put the actual sticker numbers once its actually redem

I feel they make every single one

[cliffd64]

Too many people assume low numbers = higher price. It's not always that way... if people don't like the figure, it won't matter if it is a 1 of 5 or a 1 of 5000...

As for the redemption numbers on a sticker... there are several third party sticker makers who have stepped up to do this... but I wouldn't hold my breath for Funko/Droppp to do it any time soon. Right now, they manufacture the original amount and are SUPPOSED to destroy the extras according to Droppp.

[dj3cb]

hopefully they can do better moving forward , so far the packing has improved , hopefully they moved to protectors soon

[JoeG]

I wish they did as well. For the amount of time we have to wait i cant imagine that it take long to order them or make them inhouse.

[scullysdad]

hopefully they can do better moving forward , so far the packing has improved , hopefully they moved to protectors soon

I think Droppp sent out an email earlier in the year saying that protectors were coming soon.

[yamster8888]

hopefully they can do better moving forward , so far the packing has improved , hopefully they moved to protectors soon

I think Droppp sent out an email earlier in the year saying that protectors were coming soon.

Be happy to pay the $5 shipping if they took care and inspected each pop and placed them in protectors

[dj3cb]

yes, hopefully they send those out before the Halloween redemption

[capnchulo]

Shhhh...the NFT space has become my new area to get cool Freddy's at a reasonable price. I wish I would have got on board sooner.

[Funkolotz1622]

Shhhh...the NFT space has become my new area to get cool Freddy's at a reasonable price. I wish I would have got on board sooner.

Yeah it's the best place to get a Freddy for sure

[Hermes]

Shhhh...the NFT space has become my new area to get cool Freddy's at a reasonable price. I wish I would have got on board sooner.

Yeah it's the best place to get a Freddy for sure

The Freddy's are a lot of fun! I have made it a mission to get all the Freddy's!

[Hopesdenial]

Yea the physical versus digital prices are weird. I thought that the physicals would be higher once in hand but that's not always the case especially with the physicals that people have recently received. I do believe that the Harry Potter grail will be in more demand as well as potentially Minnie Mouse but we will see what happens once people actually receive them. Collect what you like and chase what you want - Value is nice but you may be disappointed.

[capnchulo]

Shhhh...the NFT space has become my new area to get cool Freddy's at a reasonable price. I wish I would have got on board sooner.

Yeah it's the best place to get a Freddy for sure

The Freddy's are a lot of fun! I have made it a mission to get all the Freddy's!

Just got my Ian Malcolm Freddy today.

[Trendkill24hr]

I wish they would implement true redemption stats on their site for reference

[funko_gtx91]

Some of those pops are really going to be worth a lot of money, especially when people find out about the low numbers. I do wish they would update the count on the sticker.