Quidd Discord AMA with CEO Michael Bramlage on March 15, 2022

Key Takeaways

• Digital collectibles must have the same portability and interoperability as physical objects.
• The owners of digital collectibles should be able to sell or trade their virtual goods whenever they want.
• Quidd is more than an app. It is a wallet, a collection, and a key platform for amassing digital goods.
• Individuals have strong connections with their items, and this relationship creates real-world value.

Introduction

Michael Bramlage has more than 18 years of experience building, scaling, and leading consumer internet products and businesses. Since 2016, he has been the CEO of Quidd, leading its platform to become one of the largest and most widely used marketplaces for digital collectibles and NFTs.

On Digital Collectibles

• Digital trading cards will eventually replace physical trading cards to become the industry standard format in 5 to 20 years.
• In that environment, digital collectibles must have the same portability and interoperability as physical objects in the real world.
• Third parties can develop APIs and SDKs that can access some portion of Quidd’s functionality, such as integration with their websites.

“In that environment, you’ve got to give an owner of that digital collectible the same sort of portability and interoperability that you can have with a physical object in the real world.”

On Aftermarket Liquidity

• There are specific issues around liquidity and being able to operate a highly liquid aftermarket. Sellers should be able to sell their collectibles at any time. If a buyer wants to make a purchase, they should be able to find that print, communicate with the holder of that print, and purchase the print if it is available.
• If you’re an original collector with a complete early collection, you’re less inclined to sell that inventory. Selling to a new cohort of collectors that joined in 2017, when Quidd was founded, would have been more profitable.
• Now, you can sell collectibles on Quidd for US dollars and withdraw the balance via PayPal.

Quidd Is More than an App

• Quidd is much more than a mobile app since it began to evolve four to five years ago. Quidd is now a wallet and a collection, and there will be multiple layers to access.
• Data from Quidd’s database will soon find its way to more native mobile apps on iOS and Android.
• Quidd is beginning to be integrated into other applications, such as web browsers.

On the Future of Quidd

• Quidd started out as being about the fun and entertainment of completing sets and having a fun community to hang out with.
• People have very strong relationships with their items, like the perfect set that took six months and tons of negotiating, trading, and bartering to complete.
• Over the last five to six years, there has been an organic evolution in the relationship between collectors and their collectibles. These collectibles have become valuable — they have a dollar value — and, in some ways, referring only to their value in cryptocurrency hides their value.
• It’s important for the value of digital collectibles to be expressed in a denomination that people are familiar with.
• The value of digital collectibles will continue to be expressed in terms of fiat currencies alongside token appraisals.

Disclaimer: The QUIDD token is being offered solely to persons outside the US.