Quidd

Quidd

Marketplace for buying and trading digital collectibles

About Quidd

Simplify's Rating
Why Quidd is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Crypto & Web3

Consumer Goods

Company Size

11-50

Company Stage

Acquired

Total Funding

$21.5M

Headquarters

New York City, New York

Founded

2016

Overview

Quidd operates a platform for digital collectibles, allowing users to buy, sell, and trade digital memorabilia and art. The platform features a wide range of unique digital items from over 300 popular brands, including Marvel, Game of Thrones, and Hello Kitty. Users, primarily collectors and fans, can engage in a secondary market to complete sets and conduct transactions, with the platform handling over 6 transactions per second. Quidd generates revenue by taking a commission on sales and through brand partnerships and exclusive drops. The goal is to make digital collecting more accessible and engaging compared to traditional physical collecting, highlighting the advantages of digital ownership such as easy transfer and preservation.

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Simplify's Take

What believers are saying

  • Increased interest in fractional ownership enhances liquidity and engagement for Quidd.
  • AI-generated art expands Quidd's digital collectibles market and content diversity.
  • Blockchain integration enhances transparency, attracting traditional collectors to Quidd.

What critics are saying

  • Emerging platforms like VeVe and Rarible increase competition for Quidd.
  • Market saturation may dilute unique offerings and consumer interest in digital collectibles.
  • Regulatory scrutiny over NFTs could impact Quidd's operations and growth.

What makes Quidd unique

  • Quidd partners with over 300 renowned brands for unique digital collectibles.
  • The platform supports over 6 transactions per second, ensuring high liquidity.
  • Quidd transforms virtual items into investment-grade assets for 7M digital collectors.

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Funding

Total Funding

$21.5M

Above

Industry Average

Funded Over

4 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Generous PTO

Competitive Salary

401k Contributions

Company News

Manchester City FC
Apr 24th, 2024
Manchester City announces new partnership with Quidd

To mark the collaboration with the club, Quidd will be releasing a range of special edition digital collectibles which will allow Cityzens the ability to collect and benefit from Manchester City themed digital products.

Yahoo Finance
Feb 13th, 2024
Leaf Trading Cards and Quidd Partner for Upcoming Digital Sports Trading Card Collections

Dallas, Texas and New York, New York-(Newsfile Corp. - February 13, 2024) - Leaf Trading Cards, a leading manufacturer and distributor of sports trading cards, is excited to announce an innovative partnership with Quidd, the digital collectibles and NFT marketplace, and subsidiary of Animoca Brands.

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