AI-generated image depicting former Ripple CTO David Schwartz [Photo: Reve AI]

[DigitalToday reporter Jinju Hong] Ripple's former chief technology officer David Schwartz (데이비드 슈워츠) has shown interest in Fuzzy Cards, a physical trading card game based on the XRP Ledger (XRPL), drawing attention to the related project. A project that started as a meme token is expanding into a game that combines physical cards with blockchain technology, emerging as a new experimental case in the Web3 ecosystem.

On Oct. 22 local time, blockchain outlet U.Today reported that Schwartz posted on X, formerly Twitter, a photo of himself opening a physical Fuzzy Cards booster pack in his kitchen. He thanked the person who sent it and the project's official account.

The post drew interest because a key figure in the XRP ecosystem publicly mentioned a project based on a physical game. Schwartz also set up a trustline in May for FUZZY, the native token of Fuzzy Cards. A trustline is a feature on the XRPL that enables users to hold or trade specific tokens.

The timing of the post also drew attention. The project's community is preparing a related event, FuzzyCon, ahead of Ripple's annual event Ripple Swell 2026, raising questions over whether the mention will broaden interest within the ecosystem.

Fuzzy Cards traces its origins to an unfilled order record on the XRPL decentralized exchange in 2014. At the time, the "FuzzyBear" wallet submitted an order to exchange 1 XRP for 1 bitcoin (BTC), but the trade did not go through. The community launched the FUZZY meme token in early 2025 to commemorate the record. As of October 2026, token holders were reported to have surpassed 11,500.

The project later expanded beyond the token into physical products. XPUNKS GmbH, a publisher based in Zug, Switzerland, introduced a physical trading card game, and Kai Leroy leads the project. The starter series includes 150 unique cards across three types, including heroes, relics and events, and features five factions in the game. About 60 of the cards were produced as hologram cards.

The core is a distribution model that links digital assets and physical products. Users buy a digital pack in the form of a non-fungible token (NFT) using the XRPL's XLS-20 standard, then must burn the NFT on a dedicated portal to receive physical cards. Once the burn record remains on the blockchain, a sealed booster pack containing five random cards is sent.

The project has also created a point of contact with the physical card-collecting market. Users can use grading services for the cards from specialist firms including CGC, PCA and TAG. The effort aims to convert blockchain-based digital products into real collectibles and connect them to the existing card-collecting grading system.

The project said about 100,000 booster packs have been burned so far. Kai Leroy highlighted that such demand is forming during a bull market. He assessed that hybrid Web3 projects combining real-world assets and digital technology are growing without receiving major market attention.

It also stressed barriers to development. Producing physical cards takes significant time, and balancing cards within the game is complex, it said. The project argued that even with 150 cards it can create combinations numbering in the trillions, making it difficult for similar projects to build competitiveness in a short period.

Still, assessing the project's growth potential requires distinguishing between token markets and demand for physical products. As a meme token, FUZZY has high price volatility and is influenced by XRP market moves. A retail distribution program through offline board game stores is also being introduced on a fee-based model.

Whether Schwartz's expression of interest and expanded physical card distribution will lead to sustained growth remains to be seen. Fuzzy Cards is drawing attention as a case linking digital assets and physical collectibles using the XRPL, but the token's market value, the game's competitiveness and an expanded distribution network are expected to determine long-term success.

Opening fuzzy cards in my kitchen. I'm not sure who gifted these to me. @fuzzy_xrp? But thank you! https://t.co/xS4HCg8Coa

Keyword

#David Schwartz #XRP Ledger #Fuzzy Cards #FUZZY #XLS-20
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