Alt

Invest in sports cards just like stocks

5 followers

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.
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Launch tags:FintechSportsInvesting
Launch Team
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What do you think? …

Leore Avidar
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
Aditya
@bavidar Hey! Your YouTube video is currently on private mode. Please make it public so that everyone can view it. Thanks :)
Leore Avidar
@adityavsc Thanks Aditya! The video is now accessible to everyone :)
Scott Moorhouse
@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!
Brian Nyeko
@bavidar When will you offer this app Globally(EU citizens)?
Alexis Ohanian
@bavidar @moorhouse_scott These are really exciting times, Scott. Glad you're looking at the Alt asset space. We need lots more, better tools.
Alexis Ohanian
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.
Ryan Hoover
Fascinating idea and great timing
Leore Avidar
@rrhoover Thanks, Ryan! Can't wait to see you on Alt!
Alexis Ohanian
@rrhoover Couldn't be happier ~ my biggest single investment check to date!
Nazim @Koinju
I love sport cards, what a great idea !
Lauren Leland Brand
Thanks @nazim_m ! We're excited to hear what you think!
Alexis Ohanian
@nazim_m OK but what about Marvel cards? I can't be the only one....
Nazim @Koinju
@alexisohanian haaaaaa really good question. @benoit_chambon would also love it !
Benoit Chambon
@nazim_m @alexisohanian Marvel AND DC ;)
Glen Creaser
After seeing a Wayne Gretzky rookie card go for $1.3M, this is something I could get into. Great timing and great product.
Leore Avidar
@glen_creaser Thanks, Glen. Looking forward to having you on the platform!
Alexis Ohanian
@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.
Ryan Delk
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!
Allie Held
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!
Lauren Leland Brand
@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!
Ben Niehues IV
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!
Allie Held
@bennieiv thanks so much for the support! Excited you're loving Alt so far
Lauren Leland Brand
Thank you @bennieiv! We appreciate your early support and feedback and love having you on the platform!
Alexis Ohanian
@bennieiv YES. Thanks for being a Day 1, Ben!
Ben Niehues IV
@alexisohanian Loved your comparison to the early days of Coinbase on Squawk Box. Can Alt be THE "wallet and exchange" for trading cards?!
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