Micro investments come to the world of gaming memorabilia

Traditional investing is in the past. Instead, platforms such as Robinhood, guided by Reddit, have been able to empower hundreds of thousands of people into buying various stocks and opposing the reigning financial order.

The Gamestop stock frenzy has been one of the most impressive achievements pulled off by people who simply said no to “short-selling” and upended the market. However, while this was happening, a new market was born – the market of micro-investments, and today, you can invest in all sorts of things.

Whether you are looking to endorse digital meme assets endorsed by multi-billionaires, such as Dogecoin, or some quirkier contraption, the world of investment has changed. Thanks to Otis, a mobile app, though, you can buy inexpensive shares in the Nintendo World Championships Cartridge, for example.

The insanely expensive cartridge will one day go up for sale, and people will cash in, and how much they get ahead will depend on how much they hold in shares in the cartridge right now. GH has reported about the strange world of gaming memorabilia in the past, but it’s really through the sale of a vintage piece of gaming that people have come up with the idea to offer micro-investment opportunities in such products.

Can we trust platforms such as Otis?

That is a great question. Otis serves a very simple purpose. Similar to Robinhood, it offers a new type of investment product. If you don’t want buy Wall Street shares but rather focus on all sorts of comic books, original sneakers, artwork by famous artists, and, yes, gaming memorabilia, Otis is the go-to solution.

By buying a share in those items, you will be able to generate dividends or cash in when that item is sold. The platform’s own mission statement says that it’s all about finding meaning in life, including investing.

Otis explains that investing in various cultural items can be a new form of investment and a part of a broader portfolio. In practice, the platform draws parallels with how rich people own works of art, for example. Otis wants to change that by empowering a broader group of people to participate.

It seems the platform has already submitted various documents to the US Securities and Exchange Commission (SEC), making its offer official. Otis is right now focused on New York, but it is keen on continuing to expand beyond. Small investors have shown their strength (in numbers) during the Gamestop frenzy.

However, new developments can galvanise micro-investors as well. Gamer Headlines regularly publishes news on anniversary console editions hitting the market, for example, and this could have some value to investors.

Of course, a rare product is better to invest in rather than one that will hit the market soon, even though it will be in limited quantities.

What micro-investment make sense?

Owning shares in the Nintendo World Championships Cartridge is a great idea. Understanding what micro-investments are good choices is even more important. To put it simply, you need to know what you are buying.

A simple example can be given with comic books. Back when comic books were only getting started, the idea prevailed that they would one day be worth a lot. It was mostly because a guide to their general pricing was created, and entrepreneurial people made the prediction that one day, a mint-condition comic book might sell for thousands and thousands of dollars.

However, the idea quickly spread, and people started buying comic books and stockpiling them. That, in turn, misled authors who believed that people were buying a lot of their products when in reality, there were fewer buyers who were greedily stockpiling the comic books.

Related articles



Please enter your comment!
Please enter your name here

Share article

Latest articles


Subscribe to stay updated.