Anthony Richardson - Launch Codes (Locking Reward)

Standard

Value still sealed≈ $0.85/pack▼ 97% below the $33.00 secondary ask· EV inflated by survivor bias (pool 96% drawn) — a ceiling, already below the $33.00 ask

Pack EV computed against the live secondary ask [$33.00] — what a sealed pack actually resells for, the only honest anchor for its value.

Observed pack lifecycle

Packs opened

245

complete open history

Moments pulled

245

from opened packs

Realized pull value

—

total, priced pulls

Avg / pack

—

per pack we could price

Sealed (observed)

still unopened

Opened share

96%

of all minted packs

What drives the remaining EV

Each row is an edition still in the pool. EV share = pull odds × FMV as a fraction of the pack per-slot expected value — what the remaining contents are actually worth.

Edition	Tier	Pull %	FMV	EV share
Anthony Richardson · Launch Codes	RARE	100.00%	$0.85	100.0%

EV share = pull odds × FMV ÷ per-slot EV, over the editions remaining in the pool.

Pack price

—

No retail price

Actual EV

$0.85

Net −$32.15 vs ask · EV inflated by survivor bias (pool 96% drawn) — a ceiling, already below the $33.00 ask

Value ratio

0.03x

-97.4% margin · EV inflated by survivor bias (pool 96% drawn) — a ceiling, already below the $33.00 ask

FMV coverage

—

Depletion

96%

of all minted packs · as of 129d ago

Packs remaining

of 256 minted · as of 129d ago

EV is odds-corrected — tiers valued by median FMV and weighted by circulation share (a robust cross-check of the headline supply-weighted EV, resistant to per-edition FMV outliers).