Quidd

Quidd

Marketplace for buying and trading digital collectibles

About

Quidd operates a platform for digital collectibles, allowing users to buy, sell, and trade unique digital memorabilia and art. The platform features a wide range of items from over 300 popular brands, such as Marvel and Game of Thrones, catering primarily to collectors and fans who want digital versions of their favorite memorabilia. Users can engage in a secondary market to complete collections and conduct transactions, with the platform handling over six transactions per second. Quidd generates revenue by taking a commission on sales and through brand partnerships. The goal is to make digital collecting more accessible and engaging compared to traditional physical collecting, highlighting the advantages of digital ownership like easy transfer and preservation.

Company Stage

Acquired

Employees

11-50

Industries

Consumer Software, Consumer Goods, Entertainment

Total Funding

$21.5M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • Collaborations with major sports brands can drive significant user engagement and expand Quidd's customer base.
  • The growing popularity of NFTs and digital collectibles presents a lucrative market opportunity for Quidd.

What critics are saying

  • The volatile nature of the NFT market could lead to fluctuating revenues and financial instability.
  • Dependence on high-profile partnerships means that any fallout or failure in these collaborations could negatively impact Quidd's reputation and growth.

What makes Quidd unique

  • Quidd's focus on digital collectibles and NFTs sets it apart from traditional trading card companies, offering a modern twist to a classic hobby.
  • Partnerships with high-profile entities like Manchester City and Leaf Trading Cards enhance Quidd's brand visibility and credibility in the digital collectibles space.

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Benefits

Generous PTO

Competitive Salary

401k Contributions

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