Arthur Hayes' family office, Maelstrom, has set a target price of $4 for the CARDS token by late summer, according to a new research report on Collector Crypt, a Solana-based physical card trading platform. Currently, CARDS is trading at $0.271 with a market cap of $542 million, having gained 5.82% in the last 24 hours. The report highlights Collector Crypt's impressive financial performance, with annualized profits reaching $109 million in June, surpassing many leading crypto firms. The platform's business model involves purchasing physical cards in bulk and selling them through gacha-style vending machines, achieving a profit margin of 4.5% on resales. With a transaction volume peaking at $650,000 weekly, Collector Crypt charges a mere 2% fee compared to eBay's 16%-20%, offering instant settlement and on-chain liquidity. Collector Crypt has 800 daily active users, $23 million in inventory, and $10 million in cash, and is expanding into sports cards. The report suggests that despite the decline in NFT hype, tokenization technology is becoming essential for the card speculation market.