Collectibles.com, a Mountain View, CA-based web3 community and marketplace of collectors worldwide, raised $5M in Seed funding.
The round was led by Blockchange Ventures with participation from GFR Fund, Peter Thiel, Blockwall Capital, Adam Jackson, CEO Braintrust; Sean Cohan, former Chief Growth Officer, Nielsen; Trevor Traina, CEO Kresus & collector; Vinny Lingham, CEO Waitroom, Shark Tank SA; and Hollywood actor & collector, Orlando Bloom.
The company intends to use the funds to expand into several new verticals, including comic books, coins, stamps, memorabilia and more.
Led by CEO Alex Ivanov and Chief Business & Strategy Officer Dietrich von Behren, Collectibles.com is building a Web3 community and marketplace for collectors developing an integrated consumer experience, across all verticals. It will feature a connected community to unite global collectors through their common interests and passions, with several unique features:
- Beneficial user rewards for contributions to the community and platform
- Powerful collection management application to organize, manage and value all collectibles
- AI and ML technologies to offer most accurate & comprehensive collectibles data
- Proprietary Collectibles Protocol™ and blockchain integration to deliver an efficient & transparent marketplace experience
- Data-driven, market-based asset valuation for collectibles based on over 30 sources of historical sales/transactions
- Community social profiles to display collections and foster engagement
- Personalization, recommendations and community connections based on preferences
- Category-specific discussion groups, curated content and educational resources
Since launching as a proof-of-concept in 2021, offering a collection management application focused only on trading cards and reaching over 250,000 registered users, collectors are now adding tens of thousands of items per day, currently valued at over $2B of cards under management. The upcoming launch of Collectibles.com will expand into several new verticals, including comic books, coins, stamps, memorabilia and more.
FinSMEs
13/06/2023