Alt

Alt

5.0

(1 Review)

Sports Cards

Alt

Alt

The simplest alternative asset trading platform that helps you confidently invest in what you’re passionate about – starting with trading cards.

Join investors

Highlights

-0.71%

Asset Class Return30d

#9 Rank

In Sports Cards30d

avatars

Invest from

$1

Overview

Alt lets you purchase and sell sports cards, all in one place. They have the most comprehensive sales data in the industry – paired with Alt's proprietary valuation tools, this allows you be armed with what you need to make intelligent investment decisions with confidence. You can analyze how various markets and players are performing so you can invest like an industry pro.

Things to Know

  • You make money on

    Value

  • Fees

    2.5%

  • Min Investment

    $1

  • Payout frequency

    Asset Sold

  • Term of investment

    Zero

  • Target Return

    Varied

  • Liquidity

    Easy

  • Open to

    All Investors

  • Mobile Application

    No

Top Perks

  • Browse investment-grade assets like a pro

  • Instant payouts, swift ownership, hassle-free

  • Auction items; guaranteed liquidity, low fees

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

How you make money

You make money when you can sell a card on Alt for a price higher than your purchase price. Alt makes the transfer of ownership and payout to you instantaneous.

How Alt makes money

Alt charges a 2.5% fee for every sale made through the platform, as well as service fees for storage of cards in their vault.

Is it safe?

To date, Alt has raised $100 million in funding, through a seed round, a Series A (which was led by Reddit co-founder Alexis Ohanian’s new firm Seven Seven Six), and a $75 million Series B. Other notable investors include Kevin Durant, BoxGroup, and Chapter One.

 

All assets listed with Alt are fully processed, digitized, and ready to list in 3 business days or less. Additionally, all cards vaulted with Alt are insured.

  • Established

    2021

  • Country Available

    US Only

  • Assets Managed

    n/a

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

If you are investing on a sports card investment platform like Collectable, where you own a fraction of or a % of a card:

  1. Sale of card: If the card is sold, you receive the equivalent of a dividend. Your profits are then taxed as income.
  2. Secondary market: If you trade your shares on the secondary market, your profits are taxed as capital gains.

For those of you selling a sports card you purchased, card investments are classified as 'collectibles.' Gains on cards held for one year or less are taxed as ordinary income—the same tax treatment as short-term capital gains (STCGs). Gains on cards held more than one year are taxed as ordinary income, except the maximum tax rate is 28%

Reviews

5.0
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Reviews (1)

nice platform