{
  "licence": "Public blockchain data and operators' published terms, read by Brich House; figures are Brich House's own arithmetic; no licensed data source (no Card Ladder, no PSA data) is included; reuse with attribution to brich.house; not a verdict, not a forecast, not investment advice.",
  "as_of": "2026-10-26",
  "page": "https://brich.house/platforms/phygitals",
  "slug": "phygitals",
  "name": "Phygitals",
  "kind": "on-chain",
  "chain": "Solana",
  "site": "https://phygitals.com",
  "custodian": {
    "value": "PSA Vault; Fanatics Vault; Alt Vault",
    "source": {
      "label": "BSJ Ventures, the on-chain registry",
      "date": "compiled 2026-10-21"
    }
  },
  "grade": {
    "grade": "B",
    "meaning": "activity readable, no readable cert",
    "why": "Activity is readable from the chain (Solana); the cert is not readable by us, because token metadata sits on metadata.phygitals.com (company API); on-chain account holds name and URI only: terms bar bots, scrapers and automated tools without prior written consent.",
    "source": {
      "label": "BSJ Ventures, the on-chain registry",
      "date": "compiled 2026-10-21"
    }
  },
  "latest_week": {
    "week": "2026-10-19",
    "window": {
      "from": "2026-10-19",
      "to": "2026-10-25"
    },
    "read_dates": [
      "2026-10-26"
    ],
    "followed_to": "2026-10-26",
    "signed": {
      "by": "BSJ Ventures",
      "date": "2026-10-26",
      "pdf": "https://brich.house/readings/onchain-2026-10-19.pdf"
    },
    "page": "https://brich.house/platforms/weekly/2026-10-19",
    "columns": [
      {
        "name": "Phygitals",
        "chain": "Solana",
        "site": "https://phygitals.com",
        "how": "Sample estimates: random samples of 750 and 300 of the week's transactions, scaled to the week's counts",
        "read_dates": [
          "2026-10-26"
        ],
        "measures": {
          "packs": {
            "kind": "estimate",
            "value": 126818,
            "low": 117167,
            "high": 136469,
            "unit": "payment transactions",
            "note": "Payments into the platform, not packs; a payment can cover more than one pack"
          },
          "paid": {
            "kind": "text",
            "mark": "sample",
            "value": "USDC from wallets"
          },
          "soldBackCount": {
            "kind": "estimate",
            "value": 143390,
            "low": 133739,
            "high": 153041,
            "unit": "sell-back transactions"
          },
          "soldBackShare": {
            "kind": "none",
            "reason": "A ratio of estimates from two different samples (sell-backs on the USDC account, awards on the settlement wallet), with no interval, so not shown"
          },
          "medianToSellBack": {
            "kind": "estimate",
            "value": 17,
            "low": 15,
            "high": 19,
            "unit": "seconds",
            "note": "From the card's award to its sell-back; order-statistic interval on 398 sampled sell-backs"
          },
          "p90ToSellBack": {
            "kind": "estimate",
            "value": 161,
            "low": 78,
            "high": 288,
            "unit": "seconds",
            "note": "From the card's award to its sell-back; order-statistic interval"
          },
          "spend": {
            "kind": "estimate",
            "value": 3286787,
            "low": 2072486,
            "high": 4501088,
            "unit": "usd",
            "note": "A $5,000 pack in a sample of hundreds moves the estimate a great deal, which is why the interval is wide"
          },
          "buyBackCount": {
            "kind": "estimate",
            "value": 143390,
            "low": 133739,
            "high": 153041,
            "unit": "sell-back transactions"
          },
          "buyBackValue": {
            "kind": "estimate",
            "value": 1966523,
            "low": 1518141,
            "high": 2414905,
            "unit": "usd"
          },
          "spendReturned": {
            "kind": "estimate",
            "value": 0.598,
            "low": 0.332,
            "high": 0.865,
            "unit": "share",
            "note": "Ratio estimate over the USDC-account sample, with its residual standard error"
          },
          "leftVault": {
            "kind": "none",
            "reason": "Not separable: the sample held no burns"
          },
          "avgSpendPerPack": {
            "kind": "estimate",
            "value": 26,
            "low": 17,
            "high": 35,
            "unit": "usd",
            "note": "Per payment transaction, not per pack"
          },
          "certs": {
            "kind": "none",
            "reason": "Not readable: the on-chain asset holds a name and a URI only, and the metadata host's terms bar bots"
          }
        },
        "method": "Pack payments land on the settlement wallet's USDC account, not on the wallet itself, so both are read: every successful transaction in the window is counted and a seeded random sample of each is opened. A payment is stablecoin into the platform from outside; a sell-back is stablecoin out with the Core card returning to the settlement wallet; an award is a Core card leaving it. Time to sell-back is the sell-back's block time minus the card's previous transaction."
      }
    ],
    "not_measured": []
  },
  "hundred": {
    "columns": [
      {
        "key": "depositWithdrawable",
        "label": "Deposit withdrawable"
      },
      {
        "key": "buyBackPaidIn",
        "label": "Buy-back paid in"
      },
      {
        "key": "balanceDescribedAs",
        "label": "Balance described as"
      },
      {
        "key": "titlePassesWhen",
        "label": "Card title passes when"
      },
      {
        "key": "lienOrForcedSellBack",
        "label": "Lien or forced sell-back"
      },
      {
        "key": "insolvency",
        "label": "What the terms say on insolvency"
      }
    ],
    "rows": []
  },
  "record_terms": null,
  "legal": {
    "count": 0,
    "shown": 0,
    "entries": [],
    "all": "https://brich.house/api/v1/legal-log?platform=Phygitals"
  }
}