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alt

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Company Domain www.alt.xyz link_icon
lightning_bolt Market Research

Company Research Report: ALT.XYZ



Company Overview



  • Name: ALT.XYZ

  • Mission: No information is available.

  • Founded: March 2021

  • Founders: No specific founders mentioned.

  • Key People: No information is available.

  • Headquarters: 2261 Market St #4019, San Francisco, CA 94114.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: ALT.XYZ is known for focusing on the trading of alternative assets, particularly in the niche market of trading card collections and auctions, including high-profile sports cards and other collectible items.


Products



Main Offerings


  • Trading and Auctions Platform

  • Description: ALT.XYZ provides a platform for buying, selling, and borrowing against trading cards. The platform allows users to access auctions, track market trends, and manage collections.


  • Vault Services

  • Description: Secure storage solution for collectors' trading cards.


  • Marketplace for Trading Cards

  • Description: Enables the listing and selling of trading cards on both the ALT platform and eBay.


  • Features:

  • Liquid Auctions: A service that provides liquidity to the market by enabling card trading via auctions.

  • Instant Pricer: Supported by CGC and SGC for quick valuation of cards.

  • Search and Filter Tools: Includes 'Great Value Filter' for enhanced search capabilities.

  • Seller Dashboard: A comprehensive tool for managing listings and sales.


Recent Developments



Funding Rounds


  • March 2021: Launched with $31 million in funding from investors such as 776, First Round Capital, Addition Ventures, and professional athletes like Kevin Durant.

  • November 2021: Secured $75 million in Series B funding from investors including Seven Seven Six and athlete partners like Tom Brady and Giannis Antetokounmpo.


New Product Features and Updates


  • Product Releases in 2024 and 2025:

  • Enhanced safety updates for auctions.

  • Support for new card grading in instant pricing tools.

  • Introduction of liquid auctions as a weekly event.

  • Banking and Payment updates, including ACH and credit card payments.


Community and Events


  • 2024 Events: ALT participated in several card shows, such as ALT X Dallas Card Show and ALT X Collect-a-Con, to enhance engagement with the community and promote platforms.


Partnerships


  • Partnerships: Periodic collaborations with CGC (Certified Guaranty Company) and other entities to enhance product offerings like playtest Pokémon cards.


Additional Information


  • The ALT platform has launched several initiatives to improve user experience such as the introduction of a new seller dashboard, updates to extended bidding options, and enhancements to card filtering systems.

  • Community stories and seller showcases are regularly featured to engage and highlight the platform's users.


Note: Some specific financial metrics and detailed executive information were not available from the provided data.
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