Company Performance Metrics
By the nature of when most markets and infrastructures were created, the lack of sophisticated communication was the initial hurdle for creating an almost seamless and nearly optimized market. We would like to fool ourselves into believing that the efficient market hypothesis actually held true, and in some arenas, it is quite close to being true.
While other markets still exist in an almost archaic sense in comparison to the ability of the free market to decide what is actually of value, and what is being overtly positioned for another’s gain from their positions of significance. Disallowing an overarching inequitable infrastructure that dictates what is valuable, to exist will only be allowed to occur with a virtually seamless integration of physical items and their corresponding unique digital tokenization (NFTs) and assetization (Unique Secure Wallet Creation and Identity Platform).
By having initially created centralized processes when current market grading companies established their infrastructure, they severely limited their capabilities to keep pace with, not only technology but, the literal demand of grading services. Due to their historically overtly privatized nature, card grading companies have price gouged card fans for decades, charging upwards of hundreds of USD per card graded, to have them graded, and potentially returned in maybe a year. Meanwhile, as global connectivity means have exponentially increased, in turn market volatility and its rapidly evolving ecosystems have shifted towards one of constant chaos, implied increase of volatility . What used to be a fairly stagnant and static market of Cards, is now fluctuating wildly with potentially a single play from a game making an athlete’s popularity sky rocket overnight. It can be concluded that the grading companies on average are taking up to a year, and while markets are permanently trending towards increasing volatility, changing almost literally by the minute, there is a major systemic inefficiency and loss of value immediately created by the almost monopolized market of card grading and collectable appraisal services.