On July 12, a copy of the Nintendo 64 classic "Super Mario 64" sold at auction for a whopping $1.56 million, instantly making it the most expensive video game on the planet.
Less than a month later, it was bested by a previous entry in the same series: a sealed copy of "Super Mario Bros." for the original Nintendo Entertainment System that sold for $2 million.
Read MoreOn July 12, a copy of the Nintendo 64 classic "Super Mario 64" sold at auction for a whopping $1.56 million, instantly making it the most expensive video game on the planet.
Less than a month later, it was bested by a previous entry in the same series: a sealed copy of "Super Mario Bros." for the original Nintendo Entertainment System that sold for $2 million.
Read MoreTrading cards were historically the province of sports obsessives who could quote statistics of baseball legends like Carl Yastrzemski or Cal Ripken, Jr.
But the days of Major League Baseball having a monopoly on those little pieces of cardboard are long past. Indeed, in the 21st century, National Basketball Association and National Football League stars (with a little help from savvy card companies) have turned this once-innocent hobby into a multibillion-dollar asset class. Card conventions attract thousands, valuations for the rarest cards can hit seven figures and some financial firms have popped up to offer fractional investing.
So how did this most American of pastimes go so Wall Street?
Read MoreLet’s be honest, it’s hard enough to get your hands on a convention exclusive, a hot new Funko Pop!, or a retailer-exclusive Star Wars The Black Series figure — The idea of owning something as rare (and expensive) as a copy of “Fantastic Four No. 1” or the legendary Alpha Black Lotus Magic: The Gathering card is almost laughable. But a company called Mythic Markets has created a new way for fans to own the one-in-a-million, nerdy collector’s items that sell for a small fortune… or, rather, to own part of them.
Mythic Markets offers fans shares in these valuable items, and those shares are available to buy, sell, and trade on the Mythic Markets platform. Usually, the items are broken down into about 1,000-2,000 shares, which makes the price far more accessible. Few people can invest $50,000 in an A-grade Metroid cartridge, but how about $25 to own a share of it? And, as in any stock market, you may be able to sell that share at a higher price if the value of the cartridge goes up. (Mythic Markets determines the value of its stock via peer-to-peer bid and ask activity.)
Read MoreNEW YORK--(BUSINESS WIRE)--Business has been booming for The Dalmore Group’s private and public Reg A+ business. Several clients have already raised their full goal amounts, and some are now publicly traded and listed in the US and Canada. An exciting component of that growth has been significant growth in the area of fractional ownership – with issuers bringing unique and sought-after opportunities to their investor base, offering them an opportunity to own a portion of prized assets. The scope of this opportunity is only limited by the creativity of the offerors.
Read MoreAlternative assets have been increasing in popularity and according to the New York Times, pop-culture collectibles have recently surged in demand. What is behind the craze and how can we invest in this space?
Read MoreBuy what you know — Buying assets and well-managed companies you understand will help mitigate some risk. If you don’t understand some new-fangled, high-flying asset, you may find yourself gambling and losing more often than not.
Read MoreAs far as first-times go, I was pretty pleased with our first ever Demo Day. 175 investors from our Program registered, our startups pitched and the judges chose a winner, which, by the way, was MYTHIC MARKETS!
Read MoreWe talked to Joe Mahavuthivanij of Mythic Markets on how the firm is democratizing access to rare collectibles and investment opportunities.
Joe Mahavuthivanij: Many adjustments have been made since the start of quarantine, but we are safe thanks for asking.
Read MoreBuy what you know — Buying assets and well-managed companies you understand will help mitigate some risk. If you don’t understand some new-fangled, high-flying asset, you may find yourself gambling and losing more often than not.
Read MoreAs companies begin to look to Alternative Trading Systems to provide liquidity for investors, compliance with State Blue Sky laws is becoming a must. "While Federal laws govern the primary issuance of and exemption from registration of securities, state laws maintain jurisdiction over soliciting investors in their states for secondary transfer," says Sherwood Neiss, CEO of GUARDD. "There are very limited ways by which securities can be transferred without time consuming, costly, bureaucratic state by state registration.
Read MoreI have a friend who enjoys horse racing. Well, to be precise, I have a friend who enjoys betting on horse races.
When we go to Las Vegas, we like to spend an afternoon at a sportsbook. We pool our money and he picks a few races. On any typical trip, we sit down with $100 and leave with $90 – $110… with a few close races to make it exciting. Not a bad way to spend an afternoon.
Read MoreAlternative assets like rare and appreciating vintage comics, collectible cards, and fantasy art have been outperforming traditional asset classes like the market, gold, and real estate over the past 10+ years. However, due to their high-value and rarity, these assets have only been available to an elite select few.
Read MoreOn Wednesday November 18, 2020, Mythic Markets opened fractional investment for the original painting of Benalish Hero by Douglas Shuler from Magic: the Gathering’s first set, Limited Edition Alpha. It is the first “initial public offering” of a Magic artwork.
Read MoreIn a Nutshell: Securities markets have started introducing fractional share trading, opening up access to people who previously couldn’t afford to invest. And Mythic Markets brings an innovative new look to that investment strategy through its unique products. Aimed at specialized communities, including fans of the card game Magic: The Gathering, Mythic Markets offers fractional shares of rare pop culture collectibles. Its investors can own a piece of pop culture history they love while diversifying their portfolios and preserving their credit.
Read MoreBenzinga held its annual Benzinga Global Fintech Awards on Nov. 10, 2020. A day of dealmaking, networking, and recognition in the financial technology space.
In recognition of those disruptive innovators creating positive and diverse change within the financial services space, Benzinga presents Mythic Markets.
Read MoreMythic Markets is bringing a new asset class to your investment portfolio. The company, unique in its offerings, has built an investing platform for pop culture fans.
Through the Mythic Markets platform, users can invest in iconic pop culture icons ‒ everything from comic books and fantasy art to trading cards.
Read MoreBesides traditional stocks, bonds, and cash, unique investments are hard to find these days. Don't get me wrong. There are lots of choices out there. But doesn't it seem like everyone is peddling the same alternative investments as everyone else?
Read MoreJoe Mahavuthivanij of Mythic Markets is a repeat entrepreneur with a great story of how he landed founding Mythic Markets that allows people to invest in the most unusual things.
Mythic Markets is an investing platform and community for pop culture fans. And get this, they're venture-backed and based in the San Francisco Bay Area. Their team actually met at Comic Con in San Diego and California’s best burritos (so Jow says). Between meeting and getting funded their team has worked at places like Apple, Fandom, Google and Uber.
Tune in to hear Joe's amazing adventure that led him to Mythic Markets, you'll leave inspired.
Read MoreIl sogno proibito di ogni collezionista ha il nome di “Black Lotus“.
Che il celebre gioco di carte Magic The Gathering sia la punta di diamante della Wizards of the Coast fin dal 1993 è risaputo, ma ciò che forse può sfuggire ai non-giocatori è il floridissimo mercato secondario nascosto dietro ogni carta.
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