Chapter
The Benefits of Gamification for Marketplaces
15:33 - 20:34 (05:01)
Jack talks about how gamification can be a smart strategy for marketplaces to overcome poor liquidity at early stages and create more supply and demand through compressed timelines.
Clips
The strategy of compressing the supply and demand within a short time window is a smart business decision for fractionally owned marketplaces that have poor liquidity in their early stages.
15:33 - 18:30 (02:57)
Fractional Ownership
Summary
The strategy of compressing the supply and demand within a short time window is a smart business decision for fractionally owned marketplaces that have poor liquidity in their early stages. Some companies, like Masterworks and Rally Road, take extra steps like having their own art gallery or storage space to cater to the specific needs of their products.
ChapterThe Benefits of Gamification for Marketplaces
Episode#136 with Jack Smith - Trading Cards and Collectables: A Deep Dive Into The Opportunities In The Space
PodcastMy First Million
Beckett and PSA are competitive grading companies for sports cards, but Beckett was exposed for doctoring grades and now has a three month backlog.
18:30 - 20:34 (02:03)
Sports cards
Summary
Beckett and PSA are competitive grading companies for sports cards, but Beckett was exposed for doctoring grades and now has a three month backlog.