About this Table

(1) Gachapon Repurchase: This is for gachapon buybacks/repurchases by CC. It includes Free Packs.

(2) Gachapon Redeemed & Burnt by Users: Only accounts for Cards Burnt + Redeemed/Removed from Collector's Crypt that comes from Gachapon which serves as a cost to Collector Crypt. The COGS is assumed to be 0.85x of Insured Value (Book Value) as this is the estimated cost incurred by platform to acquire the card. This accounts for cards that are burnt and redeemed IRL as this means that the card has left the ecosystem.

(3) Gross Profit: Does not account for expenses due to partnership (eg Moonbirds or MagicEden Gacha Packs Opening).

(4) Partnership Revenue: This is mainly from Moonbirds partnership and covers the entire mint revenue. Magiceden Partnership does not fall here and is included in the Gachapon Machine revenue instead.

(5) Secondary Marketplace Repurchase Cost: Under CC's native secondary marketplace, users can submit a sell request to Collector Crypt. CC will provide a repurchase offer, which users can choose to accept or decline. This option provides instant liquidity for users that want to sell directly in the secondary marketplace. This was launched together with CC native marketplace on April 30 2026.