Courtyard is a platform that provides liquidity for collectible assets through physically backed NFTs, allowing users to trade, redeem, or sell their assets instantly. By securely vaulting graded cards with Brink's, the platform addresses the lack of accessible liquidity in the collectibles market, enabling collectors to monetize their investments efficiently.
Funding
$12M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PCFounders
Product
Problem
Collectors of graded cards and other physical collectibles face challenges in accessing liquidity and efficiently monetizing their assets due to the cumbersome process of physical storage, insurance, and transaction settlement. Traditional marketplaces lack the speed and convenience needed for active trading and investment in these assets.
Solution
Courtyard provides a platform for trading fractional ownership of physical collectibles through physically-backed NFTs, offering instant liquidity and eliminating the need for individual storage and shipping. Users can acquire NFTs representing vaulted collectibles, trade these NFTs on the platform, and redeem them for the physical item. By partnering with Brink's for secure vaulting, Courtyard ensures the safety and authenticity of the underlying assets, while its marketplace facilitates immediate transactions and price discovery. The platform also offers a "Vending Machine" feature with mystery packs containing graded cards, providing an engaging way to discover and acquire new collectibles.
Target Audience
The primary target audience includes collectors of graded cards and other physical collectibles seeking a liquid marketplace, as well as investors interested in fractional ownership and trading of these assets.
Features
- NFT marketplace for buying, selling, and trading fractional ownership of vaulted collectibles
- Secure vaulting of physical assets at Brink's facilities with full insurance coverage
- Instant buyback options for certain collectibles
- "Vending Machine" feature offering mystery packs of graded cards
- Support for a wide range of collectible categories, including Pokémon, baseball, basketball, football, and other trading cards
- Direct shipping and vaulting from eBay, PWCC, and PSA
- Real-time chat for community engagement and trading discussions