A few weeks ago, I was introduced to a new business called Vestible. The company’s core idea is not necessarily new — an investment platform that allows fans to buy stock in their favorite athletes — but they have received a lot of media attention, and there appears to be a large number of people who are rooting for them to succeed.
Incredible idea. As a sports junkie myself, I've always wanted the opportunity to profit (or lose!) from my knowledge. Gambling has somewhat bridged this gap, but it's still gambling at the end of the day and not nearly as stable as I'm looking for. I'm curious what kind of volume they'll be able to achieve and what would be needed to have an active marketplace.
Incredible idea. As a sports junkie myself, I've always wanted the opportunity to profit (or lose!) from my knowledge. Gambling has somewhat bridged this gap, but it's still gambling at the end of the day and not nearly as stable as I'm looking for. I'm curious what kind of volume they'll be able to achieve and what would be needed to have an active marketplace.