CollectBuySell.com is a peer-to-peer marketplace for alternative assets – starting with sports memorabilia, comic books and collectibles.
CollectBuySell.com is a peer-to-peer marketplace for sports memorabilia, comics, and collectibles. This decentralized platform charges no transaction fees or commissions – and allows users to transact directly with each other. The company’s mission is to make the collectibles market safer, more efficient and more collector-centric. They leverage machine learning and AI to assess the authenticity of their ads.
There are over 200 million collectors in the world today, and the collectibles market is estimated at just over $400 billion. This is a huge market for alternative financial assets that is expected to double in the next ten years. Unfortunately, the current landscape has offered minimal innovation and has been crushed by fees and fraudulent items.
CEO of CollectBuySell, James Pearlstone, said, “This is a future trillion dollar market – this space is on the verge of parabolic growth and we want to help lay the groundwork. We want to make the process of buying and selling collectibles safer, easier and more profitable. ”
Existing marketplaces charge substantial fees and/or require custody of items before they can be sold on their platform. The most common criticism of most marketplaces is their fees. Auction houses will charge a buyer’s premium of 20% or more when selling an item. eBay will charge over 12.55% on the sale of collectibles. This reduces liquidity and does not encourage a particularly friendly climate.
“We interviewed nearly 1,000 people, and they all said the same thing. No charges. So we listened and built our platform with no transaction fees or commissions, allowing sellers to keep 100% of their sales.
When you consider that a 1952 Topps Mickey Mantle card, one of the greatest sports memorabilia, can sell for over $5 million, you can see that any buyer or seller would have a problem paying that kind of fee. based on a percentage.
CollectBuySell is a peer-to-peer platform that allows buyers and sellers to transact directly with any payment method or platform (PayPal, credit cards, Bitcoin, etc.). They do not charge commissions or transaction fees; users only pay the listed price – directly to the seller.
The majority of markets today do not fully verify authenticity, creating an unnecessary risk of buying fake souvenirs. In addition to excessive fees, many marketplaces do not have strict listing criteria, which allows fraudulent items to be listed. Not only does this harm consumers, but it impacts the entire industry. This is a major problem given that the FBI estimates that 50% of sports memorabilia on the market today are fraudulent or fake. Some experts claim that over 50% of autographs listed on eBay are fake.
This is not the case with CollectBuySell.
Only products with reference authentication are allowed to be listed after being reviewed for authenticity. This means the customer is getting genuine products at the best prices available.
Leveraging artificial intelligence and machine learning, they review every item before listing on their public market. They also offer services to assess the authenticity of signatures and plan to offer more innovative products soon.
“We are creating a platform with tools to make the market safer and more efficient.”
Collect Buy Sell provides an indispensable solution in the world of collectibles by offering a safe and reliable platform for buyers and sellers without exorbitant fees. So whether you’re a seasoned memorabilia investor or a novice collector, come to Collect Buy Sell for all your buying and selling needs.
For more details, visit www.collectbuysell.com.