Be it LEGO, paintings, sculptures, baseball/hockey trading cards, old photographs, coins, or stamps – collecting anything is a nice hobby.

There are two kinds of people who do that – people who find pleasure and pride in having a nice collection, and growing it over the years, and then there are people who buy and sell collectibles to turn a profit – buy cheap, sell expensive, over and over.

Believe it or not, the second kind actually makes things better for the first as well – by creating the market, by making the market efficient in terms of items on the market having predictable and somehow stable value.

If the value is predictable, and somehow stable, it is just a competition in who gets a good deal (selling price well below the value, or asking price well above it) first. And who could get it faster than a robot that scans the eBays and Amazons and AliExpresses (or Aukro.cz in Czechia, …) or of the world and can learn of a good deal in seconds?

Such a robot would keep track of values of items internally, and would be able to calculate an opportunity of each offer, taking into account state of the item sold, transportation cost, risks, … – and either take action fully autonomously, or after a quick mobile phone confirmation by the user via a push notification.

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Lukas Korous (Warp Ideas)

https://www.linkedin.com/in/lukas-korous/

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