Quidd

About Quidd

{"time":1704988767000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["Quidd was the first marketplace ever for buying and selling limited-edition, individually-serialized digital collectibles","Quidd has featured more than 325 of the world's most popular brands, including Marvel, Disney Games, Game of Thrones, Rick and Morty, the NBA and more","$4M raised in private sale from Animoca Brands, Mind Fund Group, Sanctor Capital and others - including 25 Silicon Valley CEOs"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"The original digital collectibles marketplace - in business for over 5 years"},"type":"header"},{"type":"paragraph","data":{"text":"Quidd is a marketplace to buy, hold, sell, and collect limited-edition, individually-serialized digital collectibles. Fans, collectors, and NFT enthusiasts can use the iOS, Android or web version to purchase rare digital stickers, digital trading cards, and digital 3D figures featuring their favorite brands, like Marvel, Disney, Game Of Thrones, the NBA, Naruto Shippuden, Rick And Morty, and many more. These items can be purchased via packs in the primary market or they can be bought directly from other collectors for USD."}},{"type":"paragraph","data":{"text":"Collectors love collecting on Quidd. They can seek out their favorite character, they can pool hit-#1 cards in packs, they can complete sets, they can even create high-value combinations of items and rank on a leaderboard to unlock even rarer award collectibles. In the near future, collectors will also be able to mint certain digital collectibles on-chain as NFTs in a chain-agnostic way, giving the collector the possibility to choose the chain he feels most comfortable with. Furthermore, Quidd is also the only digital collectibles marketplace that is fully AML compliant, enabling successful collectors to earn real money and withdraw USD every week.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/mgnacsqvsoh386gv92caxl6n9ohw","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/mgnacsqvsoh386gv92caxl6n9ohw"}}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"No permanence for digital collectibles without the blockchain"},"type":"header"},{"type":"paragraph","data":{"text":"Quidd has been a front door for 7 million mainstream fans to collect their first digital collectible. However, their collectors, over time, have started to fall in love with their collections and now value them at higher and higher price points. And while they can buy, sell, and cash out their collections entirely off-chain on Quidd today, Quidd cannot, without the blockchain, offer the decades-long permanence that a collector expects with a cherished collectible."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"Giving collectors the power to mint to the blockchain of their choice"},"type":"header"},{"type":"paragraph","data":{"text":"In connecting to the blockchain, Quidd can offer its collectors a superior technical solution for things like permanence, profit, and portability. Quidd is giving the power to the collector, enabling her to decide which collectibles to mint to which chain, and when. In doing so, Quidd \"flips the script\" on blockchain adoption - collectors come to the blockchain to preserve an item they already own, as opposed to coming to the blockchain and then getting their first item. This frames blockchain technology as a superior solution to a real, quantifiable problem that our collectors have, making blockchain a necessity for these collectors as opposed to something to try out or experience. In other words, we help collectors realize the problem-solving capabilities of the blockchain.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/vvpyumn8el9eno11mqnajr9poibq","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/vvpyumn8el9eno11mqnajr9poibq"}}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"Revenue through transaction fees and sale of digital collectibles"},"type":"header"},{"type":"paragraph","data":{"text":"Quidd mainly generates revenue through the sale of packs for newly-issued digital collectibles and in the form of a sales fee for facilitating a peer-to-peer aftermarket transaction. The raised funds will be used for new licensing agreements, new distribution partnerships, international expansion, innovative new product functionality, and a global go-to-market campaign in early 2022.\r\nQuidd focuses its product investments, almost exclusively, on driving aftermarket activity, particularly for \"vintage\" items that are years old. In this focus on aftermarket liquidity, Quidd helps enable motivated digital collectors to turn their love of collecting into semi-professional digital hobby shops. As a result, it is really Quidd's community of collectors that propels its economy and marketplace forward, which helps ensure revenue sustainability."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"The physical and digital collectibles market is booming"},"type":"header"},{"type":"paragraph","data":{"text":"The Global sports trading card market was valued at $13.8B in 2019 and is projected to reach almost $100B by 2027. As more and more digital natives come to collecting, they'll demand innovative, digital-only experiences that replace cardboard with code. More and more of the collectibles market is already shifting to digital through the acceleration of NFTs. NFT sales volume surged to $2.5B in the first half of 2021, as total crypto wallet holders grew to 75M by July 2021. Among Quidd’s main competitors in the pop culture space are VeVe, Terra Virtua, Recur and in the Sports vertical Dapper Labs and SoRare."}},{"type":"paragraph","data":{"text":"As Quidd's business lives and dies with actual fans and collectors, its role is to make digital collectibles appealing to hundreds of millions of \"no-coiners\" that don't own crypto-currency, hold a crypto-wallet, or own an NFT. In this pursuit, Quidd’s entire product is engineered to gradually onboard a no-coiner into the world of NFTs, not necessarily because they want to, but because they need to in order to preserve their digital asset. Quidd’s roadmap over the next year is filled with new marketplace, storage, and currency features that are sure to make Quidd the most liquid and fun place to collect accessible, mid-range digital collectibles."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"$4M raised through top tier VCs"},"type":"header"},{"type":"paragraph","data":{"text":"Investors and strategic partners such as OneFootball, Animoca Brands, Mind Fund Group, Sanctor Capital, Genesis Block and Kingsway have contributed $4M to Quidd’s private round. The current fundraising will produce at least 40 months of runway."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"level":1,"text":"Deep expertise in building and scaling digital products"},"type":"header"},{"data":{"items":["Michael Bramlage (CEO/Co-Founder)\r\nMichael is the Co-Founder and CEO of Quidd and has built the largest assortment of digital collectibles on the planet. As a former VP of Digital at Topps, he pioneered native digital collecting and created a franchise that has grossed over $125M in digital trading card revenue. He previously worked at Nokia as Head of Product for its flagship mobile app store, which he launched and scaled to 3.6B annualized downloads.","Timothy High (VP of Engineering)\r\nTimothy is the VP of Engineering at Quidd and has built the high-throughput marketplace technology, capable of processing 100 transactions per second. He has 25 years of software development experience. He previously worked as CTO at PagPop, a leading online payments provider in Brazil and as Software Architect at Sakonnet Technology, a high-frequency energy trading firm."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"QUIDD is the next-generation of NFT marketplace tokens, with utility built-in from the bottom up."},"type":"header"},{"type":"paragraph","data":{"text":"The major token use cases include:\r\nEarning rewards for long-term value creation: Quidd collectors can earn more QUIDD by performing activities that create long-term value, as opposed to solely through weekly trading activity, which is known to have the adverse effect of creating wash trading.\r\nStaking for collector superpowers: advanced collectors can stake their QUIDD tokens in return for exclusive access to professional-grade collector tools and services, including bidding on wholesale purchases, storefront analytics, and volume discounts on sales fees.\r\nReal purchase utility: enabling millions of buyers and sellers around the world to price and settle transactions in the QUIDD Token instead of only fiat.\r\nHolders of QUIDD Token may receive discounts on aftermarket sales fees as well as exclusive buying windows.\r\nSupply-side governance for collectors: token holders, proportional to their holdings, can provide advisory votes to determine how funds in the Quidd’s content and licensing budgets are deployed. Token holders become active participants in current production decisions and can use votes to protect the value of their older collectibles by limiting future supply.\r\nDeveloper ecosystem benefits: Quidd is a platform ripe for third-party development. Quidd will deploy its tokens to motivate third-party software developers to build integrated apps, games, and metaverses."}}],"version":"2.27.2"}