PH to donate all resale profits to support Arcana venue relocation

Artist PH will donate 1,188,000 won from a custom card deck resale experiment to purchase tickets for the newly relocated Arcana venue. The project, which saw all items sell within 11 days at prices averaging three times their original value, aims to encourage fans to visit the new location and provide necessary reviews.

Artist PH conducted an experiment to test market value by personally reselling custom card decks he previously released through a secondhand trading platform. Adding significance to the project, he decided to donate the entire profit generated from selling his own products at a premium to help revitalize performance venues.

Resale prices reach three times original cost; all items sold within 11 days

PH recently announced via his YouTube channel that he would test the trends of the resale market by listing some of his approximately 50 previously released custom decks on Bunjang. He noted that because his existing products tend to sell out immediately after release, they have been trading in the resale market at premiums of approximately two to three times the original price.

The sales process proceeded faster than expected. Peterk Original products listed at approximately twice the original price sold out within one minute, with additional sales following shortly after to generate revenue in a short period. While sales initially stalled due to high resale prices, the process of adjusting prices eventually led to all prepared cards being sold within 11 days.

PH stated that through this resale, he generated a total of 1,188,000 won in revenue by applying an average resale price of three times the original value for products worth 398,000 won. "Since the value of the cards purchased by buyers is increasing, I personally feel good about it," he said, sharing his thoughts on the increase in product value.

All proceeds donated; ticket event to revitalize new Arcana venue

The proceeds from this resale experiment will be donated in full. Rather than keeping the 1,188,000 won earned, PH decided to use the money to purchase performance tickets for Arcana, which recently moved to a new venue. This decision aims to resolve confusion regarding review data caused by the venue relocation and to encourage audiences to visit the new location.

PH plans to give the purchased tickets to fans through a drawing. However, he added a condition that the winners must write reviews for the new venue. This is intended to activate the new reviews that need to be accumulated following the relocation, helping audiences find the new location without confusion. The specific details of the event will be announced later via the YouTube Community.

"Small production quantities"... New card release announced for October 30

Meanwhile, PH announced the release of new custom cards on October 30 at 7:00 p.m. He stated that he intends to intentionally produce only a small quantity of these new cards and urged those wishing to purchase to make quick decisions.

Source: PH (YouTube)