Collectibles.com, the rapidly emerging platform aimed at connecting and inspiring collectors worldwide. Has raised $5 million in seed funding led by Blockchange Ventures.
The platform is designed to transform the estimated $500 billion global collectibles market. By leveraging the Collectibles Protocol™, a technology based on blockchain integration.
Revolutionizing the Collectibles Market
Unlike traditional apps and marketplaces that focus primarily on transactions, Collectibles.com aims to create a strong, interconnected community for global collectors. By harnessing cutting-edge technologies and rewarding user contributions, it seeks to redefine the collector’s journey.
Among its unique features are a powerful collection management application, AI and ML technologies for comprehensive collectibles data, and a proprietary Collectibles Protocol™ that offers a transparent marketplace experience. Additionally, data-driven asset valuations and personalization features foster community engagement and deliver curated content.
“By combining the power of the collectibles community with the promising capabilities of Web3 technology, we can fundamentally rethink how people buy, sell, trade and manage anything they collect,” said Alex Ivanov, Co-Founder and CEO of Collectibles.com.
Since its initial launch as a proof-of-concept in 2021, the platform has seen rapid adoption. With over 250,000 registered users adding tens of thousands of items valued at over $2B under management.
Bridging Fragmented Collecting Domains
The upcoming Collectibles.com expansion will include several new verticals, encompassing comic books, coins, stamps, and memorabilia, among others. The platform aims to serve as a one-stop-shop for collectors across diverse interests.
“For most, the hobby of collecting is much more than just buying and selling or making an investment — it represents a greater passion and personal motivation,” said Dietrich von Behren, Co-Founder and Chief Business & Strategy Officer at Collectibles.com.
Blockchain: The Key to Future Growth
Set to launch in the fall of 2023, the Collectibles.com community and marketplace are being developed with blockchain integration and smart contracts for advanced functionality and commerce optimization. The platform will also introduce a unique customer loyalty rewards system to incentivize adoption.
“We believe that blockchain technology will radically alter how marketplaces will grow in the future,” states Ken Seiff, Managing Partner of Blockchange Ventures.
Collectibles.com, “Powered by Passion™,” is creating a premium destination for collectors across the globe. It seeks to develop a more engaging and trusted consumer experience for all current collectors and the next generation. For more information or to pre-register, visit www.collectibles.com.