six pfp
six
@six
ripdotfun seems so obvious, surprised nobody has done this before? real physical collectibles, but the trading is digital - most collectible owners whose primary purpose is trading/investing don't care for storing physical inventory on their own anyway. main risk i guess is you're trusting the team for safe storage. i remember stockX was planning to do this with sneakers but didn't go through with it.
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six pfp
six
@six
actually this has been done for a lot of one-off drops back in the day, just not generalized into a product.
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Purp🇵🇸 pfp
Purp🇵🇸
@purp
Yeah this is pretty much courtyard.io (They use brinks collectors vaults and you can claim your collectibles at any time or sell them digitally on marketplace)
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lil 67 pfp
lil 67
@pip
isnt this courtyard? jk i read the replies
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supriyo  pfp
supriyo
@supriyo.eth
courtyard is this?
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johnsterlaccii pfp
johnsterlaccii
@sterlacci
not only storage but the rng
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Gramajo pfp
Gramajo
@gramajo.eth
Isn’t that just Courtyard? Or am i not understanding https://gramajo.buzzsprout.com/2097132/episodes/15120145-transforming-physical-to-digital-the-future-of-collectibles-with-chefspin-from-courtyard-io
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keccers pfp
keccers
@keccers.eth
@courtyard !
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Jason pfp
Jason
@jachian
But actually.. if you look below the surface Courtyard is low key crushing. Revenue numbers to back it. They found a really elegant way to do the digital pack rips too that’s not obvious until you really give it thought
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MJC pfp
MJC
@mjc716
other projects have tried it it’s very capital intensive with a lot of inventory risk
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links 🏴 pfp
links 🏴
@links
There are lots of private wine clubs that do this as well. Without the onchain element
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potato pfp
potato
@potato
Americana was another one, didn't last too long after the nft craze
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Brian Kim pfp
Brian Kim
@brianjckim
it’s been done before but hard to scale as a standalone business for ex, https://techcrunch.com/2022/03/09/public-buys-otis-bringing-fractional-ownership-of-alternative-assets-to-its-platform need to answer what’s unlocked by being onchain other than short-term swap fees
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res ipsa ☺︎ pfp
res ipsa ☺︎
@resipsa
is it kind of like RallyRoad
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
This was wax way back in 2017 - vIRLs I believed they called them Cursed EOS chain and subsequently even more cursed EOS fork Courtyard has had a pretty great year too Rip is sick, excited to see it roll out more
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Dex pfp
Dex
@vindeven
It’s a good business idea and you could potentially then do fractional reserve collectibles whereby you issue more than you actually have hoping your customers won’t redeem them all at once hehe
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