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Mage (marketplace company)

Mage (marketplace company)

Mage is a marketplace for Magic: The Gathering cards

OverviewStructured DataIssuesContributors

Contents

magemarket.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Card game
Card game
Marketplace
Marketplace
Location
Brooklyn
Brooklyn
Kiel
Kiel
San Francisco
San Francisco
Founder
Malte Delfs
Malte Delfs
Peer Oke Richelsen
Peer Oke Richelsen
0
Malte Delfs
Malte Delfs
0
AngelList URL
angel.co/company/magemarket
Pitchbook URL
pitchbook.com/profiles...266514-85
Accelerator
Y Combinator
Y Combinator
0
Accelerator Batch
‌
Y Combinator W19 Batch
0
Date Incorporated
March 2019
Number of Employees (Ranges)
1 – 100
Full Address
San Francisco, CA 94016, US0
Investors
Mehta Ventures
Mehta Ventures
Y Combinator
Y Combinator
0
Founded Date
March 2019
0
CTO
Malte Delfs
Malte Delfs
Motto/Tagline
The Safest Way to Buy and Sell Magic Cards
Wellfound ID
magemarket
Country
Germany
Germany
0

Other attributes

Company Operating Status
Active
Y Combinator URL
ycombinator.com/companies/mage0

Mage allows third party sellers to list their products on its platform and fulfill those orders themselves. Mage's stated intention is to become the active middleman for the orders to validate the card and fight fakes. Third parties will still list their products on the platform but, instead of sending the cards directly to the buyer, they will ship them to one of Mage's warehouses. Mage will then verify the card's authenticity and ship the card to the buyer. If that same card--in the same condition--is already in one of Mage's warehouses, they will ship the existing copy of the card to the buyer, instead.

Bid and ask feature

The feature will allow buyers to set the price they'd like to buy a card for (a bid), which Mage will then try to match to a seller that has set a similar sell price (an ask) for that same card. If the bid and the ask match, Mage will automatically execute the transaction. Otherwise, sellers will have the opportunity to manually accept bids that differ from their asks.

Mage will also let customers purchase cards on the platform and choose not to have those cards shipped. Instead, Mage will continue to store the cards in their warehouses. The customer is free to re-list the cards for sale on the platform while it's still stored at a warehouse, or even have the cards shipped to them at a later date.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

A Quick Snapshot Of Y Combinator's Demo Day II

Savannah Dowling

https://news.crunchbase.com/news/a-quick-snapshot-of-y-combinators-demo-day-ii/

Web

March 20, 2019

All 88 companies from Y Combinator's W19 Demo Day 2

Greg Kumparak, Kate Clark, Lucas Matney, Josh Constine

https://techcrunch.com/2019/03/19/here-are-the-88-companies-that-launched-at-ycs-w19-demo-day-2/

Web

March 20, 2019

Mage - Mobile Marketplace for Magic: The Gathering 🃏 | Product Hunt

Peer from Mage

https://www.producthunt.com/posts/mage

Web

March 26, 2019

Mage to Launch a "Stock Market" for Magic Cards - Hipsters of the Coast

David McCoy

https://www.hipstersofthecoast.com/2019/06/mage-to-launch-a-stock-market-for-magic-cards/

Web

June 20, 2019

References

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