Collectionnable uses AI to provide instant valuations and blockchain-backed certifications for collectibles, enhancing trust and security in the resale market. Their platform offers real-time value tracking and promotes authenticated items, combating counterfeiting and encouraging reuse.
Funding
Funding not disclosed
Founders
Product
Problem
The resale market for collectibles often lacks transparency and trust, making it difficult to ascertain the true value and authenticity of items. This can lead to uncertainty for both buyers and sellers, hindering transactions and potentially fostering fraud through the sale of counterfeit goods.
Solution
Collectionnable addresses these challenges by providing AI-driven instant valuations and blockchain-backed certifications for collectibles. The platform employs a proprietary scoring algorithm, incorporating up to 147 criteria, to assess an item's condition, authenticity, and market potential. By creating a digital twin (NFT) of the collectible and recording its essential data on the blockchain, Collectionnable ensures immutable traceability and transparency. This approach empowers collectors, investors, and professionals with reliable data, fostering trust and security in the resale market.
Target Audience
Collectionnable primarily targets collectors, investors, auction houses, specialist resellers, and insurance companies seeking to enhance trust, transparency, and efficiency in the collectibles market.
Features
- AI-powered valuation using a proprietary scoring algorithm with up to 147 criteria
- Blockchain-backed digital certification (CeDiT) for enhanced security and traceability
- NFT creation to represent collectibles as unique digital assets
- Legal expertise and authenticity validation through a network of approved experts
- Dynamic value monitoring via AI, providing real-time market trend analysis
- Personalized dashboard for accessing certificates and managing collectibles
- Integration with insurance partners for tailored coverage based on real-time valuation
- NFT management services, handling the complexities of crypto wallets for users