Alt lets you treat your sports card collection as an investment portfolio. You can buy and sell pre-authenticated cards on our exchange and track the current market value for all your assets with our integrated portfolio management view.
Thanks for the hunt, Alexis! I’m so excited to be sharing Alt on Product Hunt with you all today.
I’ve been in love with basketball ever since I was a kid and it wasn’t until 2016 when my dad sent me my old basketball cards when I reignited my passion for collecting cards. Since then, I’ve immersed myself deeper in the space, met so many great friends and fellow collectors, and grown my own collection to include some of the most rare cards. I’ve also come to see myself as not only a collector of great and rare cards, but an investor in cards. Alternative assets like sports cards, watches, vintage cars can be great stores of value and they are often not correlated with the stock market. They’ve largely been relegated to hobbyists and there hasn’t been much infrastructure in the space. It’s sort of like the wild west akin to crypto before Coinbase.
Our team is on a mission to increase the transparency and liquidity of alternative assets. We want to make it as easy to invest in sports cards and other alts as it is with stocks. On Alt, you can track the current market value of your assets with our proprietary Alt Value, buy and sell pre-authenticated cards on our exchange, and securely store your collection in our custody solution, Vault.
While we’re starting off with sports cards, we’ll also expand to other alternative assets like watches, art, and sneakers, based on what our customers want from us next.
We’re also sharing that we raised $31M so far, with the most recent round led by Alexis Ohanian’s new fund, Seven Seven Six. We’re proud to have them, along with First Round, BoxGroup, SV Angel, Chapter One, and so many angels I can’t name them all here: Kevin Durant, Nat Friedman, John and Patrick Collison, Sue Wagner, Fred Ehrsam, Eric Wu, JD Ross, Laura Behrens Wu and more.
You can sign up for Alt now at onlyalt.com :)
Let me and the team know of any questions & feedback - we'll try and get back to everyone today!
Leore
@adityavsc Thanks Aditya! The video is now accessible to everyone :)
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@bavidar I discovered your site earlier this week while researching a product I'm building in this space. Alternative assets are ripe for more exposure as an asset class as the traditional assets like housing and stocks get inflated to the moon. Product looks great, good luck!
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@bavidar When will you offer this app Globally(EU citizens)?
When I first learned about Alt I was excited about the opportunity of converting my passion for collecting sports cards into *investing* in them. Alt makes this possible with Alt Value which allows you to understand the value of your cards and track them over time. Their exchange makes it easy to find investment-grade assets and transact securely, with some of the lowest fees for sellers in the market. With Alt, sports fans have the ability to invest in the players they love and athletes can invest in themselves. Seven Seven Six is thrilled to lead Alt’s Series A and help make investing in sports cards as accessible as investing in stocks.
@glen_creaser We're in the very early days and I can't wait to see what happens when buying / selling cards is as easy as buying / selling stocks online.
I've been using Alt for a few months and it's seriously one of my favorite new products in the last year. Anyone who's collected sports cards, sneakers, wine, or any other illiquid asset knows the pain of guessing at current values, hacking together a spreadsheet, or trying janky apps to track your collection and the value of it.
Alt makes tracking your sports card collection just like looking at your Robinhood account, and it feels like magic. So excited for everyone else to get to experience it!
Thanks Ryan! So excited that you're already a huge fan of the product and we appreciate your support! We're looking forward to hearing what you think of the Exchange where you can buy and sell pre-authenticated cards and have all of your transactions automatically added to your portfolio for a real-time look at your performance. Thanks for being on this journey with us!
@delk Thanks, Ryan! It's been great to have you as a beta user and we appreciate all the great feedback you've provided already!
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Alt is solving so many problems in the card industry.
✅ Portfolio management
✅ Buy/sell with low fees, instant transactions, 🚫 shipping, high-res images
✅ Current market valuations
✅ Insured storage
✅ ALL-IN-ONE!
This is something @garyvee would be into. Love the concept and the timing is great w/ the recent hype on cards. I can see some integration (or competition) with StockX and things like Grailed in the future.
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