How We Raised $2.25M To Build An Investment Platform For Pop Culture Collectibles
Hello! Who are you and what business did you start?
I’m Joe Mahavuthivanij and I’m the co-founder and CEO of Mythic Markets. Mythic Markets is an investing platform that turns high-value, geeky assets like vintage comics, collectible cards, fantasy art, and e-sports teams, into stocks that almost anybody can buy.
Like a traditional stock market, we hold initial public offerings for each of the assets that US-based investors can participate in.
We started laser-focused on the popular trading card game Magic: The Gathering. It’s a niche we know well, with a thriving fan community and secondary market. 123 investors participated in our $90,000 Black Lotus IPO at $45 per share.
We recently released a new offering, a $55,000 set of sealed 1994 Magic: The Gathering booster boxes at $27.50 per share.
We’re working on building a marketplace to allow investors to trade shares with other investors, which we expect to launch in late 2020.