Business idea · Marketplace
Online Platform for Collectibles Grading
Online Platform for Collectibles Grading is an online platform that allows users to submit collectibles for grading and authentication, providing a convenient service that connects buyers and sellers. It was pitched on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "We found an app that lets you buy anything for $0" (aired June 24, 2026).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | We found an app that lets you buy anything for $0 |
| Aired | June 24, 2026 |
| Category | Marketplace |
| Real companies on the episode | Costco, TCL, Carlyle Group, Amazon, SpaceX, PSA (Professional Sports Authenticator) |
The problem it solves
This addresses the inefficiency of current grading processes and offers a streamlined solution for buyers and sellers to engage in secure transactions.
How it makes money
The platform could operate on a subscription model for collectors, charging a monthly fee for access to grading services, along with transaction fees for sales facilitated on the site.
Skills you need
Technical skills for developing the platform, knowledge of collectibles markets, customer service expertise, and marketing skills to attract users are necessary.
The market, and why this works now
Collectors of vintage baseball cards seeking reliable grading services can benefit from a platform utilizing blockchain technology for secure transaction records and authenticity verification. Initial revenue can be generated by targeting users on r/baseballcards, where collectors seek advice and services. A significant challenge in the first year will be the technical hurdle of developing a user-friendly interface that integrates grading submissions and blockchain verification, which requires specialized programming skills and extensive testing.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Costco
A membership-based warehouse club that offers bulk goods at reduced prices, making its profits primarily from membership fees rather than product sales.
- TCL
A television manufacturer that initially produced low-quality TVs but improved over time to become a significant player in the market.
- Carlyle Group
One of the largest private equity firms in the world, specializing in investment strategies across a wide range of industries.
- Amazon
An e-commerce giant that started as an online bookstore and expanded into various product categories while providing services like Amazon Prime.
- SpaceX
A private aerospace manufacturer and space transportation company known for developing the Falcon rockets and Starship spacecraft.
- PSA (Professional Sports Authenticator)
A leading service for grading and authenticating trading cards and collectibles, providing a trusted stamp of approval on the condition and authenticity of the items.
Where this idea came from
Podcast: My First Million, hosted by Sam Parr and Shaan Puri
Episode: We found an app that lets you buy anything for $0
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.