Right About Now - Legendary Business Advice - Unlocking Value: Ludex Transforms Trading Card Valuation with Brian Ludden
Episode Date: May 20, 2025Right About Now with Ryan AlfordJoin media personality and marketing expert Ryan Alford as he dives into dynamic conversations with top entrepreneurs, marketers, and influencers. "Right About Now" bri...ngs you actionable insights on business, marketing, and personal branding, helping you stay ahead in today's fast-paced digital world. Whether it's exploring how character and charisma can make millions or unveiling the strategies behind viral success, Ryan delivers a fresh perspective with every episode. Perfect for anyone looking to elevate their business game and unlock their full potential.Resources:Right About Now NewsletterFree Podcast Monetization CourseJoin The NetworkFollow Us On InstagramSubscribe To Our Youtube ChannelVibe Science MediaSUMMARYIn this episode, host Ryan Alford and guest Brian Ludden, CEO of Ludex, discuss the booming trading card industry and the transformative role of technology. Alford shares his personal experiences with trading cards, while Ludden details his journey from derivatives trading to founding Ludex, an app that scans and values trading cards. They explore the challenges of accurately pricing cards, the impact of technological advancements, and the evolving market dynamics. The episode highlights the potential for growth in the trading card sector, emphasizing Ludex's role in modernizing the industry and enhancing the collector experience.TAKEAWAYSGrowth and evolution of the trading card industryPersonal experiences and nostalgia related to trading cardsIntroduction and features of the Ludex app for card valuationChallenges in accurately pricing trading cardsImpact of technology on the trading card marketSupply and demand dynamics within the trading card industryCommunity engagement and trading practices among collectorsThe role of subscription services and B2B platforms in the trading card businessFuture trends and potential for growth in the trading card marketImportance of data-driven strategies in enhancing collector experiencesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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The premise is trading card business too big to ignore, and you need to know more about it.
It's not at the corner store anymore. It's growing up.
Every collector's a sports fan, but not every sports fan's a collector.
This is Right About Now with Ryan Alford, a Radcast Network production.
We are the number one business show on the planet with over one million downloads a month.
Taking the BS out of business for over six years and over 400 episodes.
You ready to start snapping next and cash and checks?
Well, it starts right about now.
Hey, what's up guys?
I'm excited, you know?
I get to do my show and look, you know, we make our own rules here anyway,
but we talk business, we talk marketing, we talk current events,
and things that you need to know as a small business owner, as an investor,
people trying to get ahead.
And, you know, it's been interesting the last few months with my kids
trying to teach them through business to the lens of trading cards.
And that's why I am really excited because, you know, it is the number one app opened on Ryan
Offer's phone in the last three months.
And I've got the founder, Brian Luddn from LuddX.
What's up, Brian?
Ryan, thank you so much for having me.
I'm excited to launch off the Collectibles Trading Card podcast with you guys.
and thanks for downloading the app and using it.
Yeah, man.
It's fun.
It's been a blast.
Getting back into it, grew up doing trading cards.
And, you know, I was always a little mini entrepreneurs, definitely a little side hustle for me as a kid growing up.
And, you know, like most kids, you get into other things, I don't know, girls and cars or whatever, college.
And you got the old trading cards in the closet or whatever.
So it's been on the shelf for a while.
And my kids, you know, mine are 14, 13, 13, 15.
12 and nine, you know, four boys.
And they've been late to the game.
You know, I always thought they'd get into it.
I was almost somewhat glad they didn't economically.
But I was sort of just waiting in the wings.
And if they didn't get into it, I wasn't going to get back into it.
And they picked it up.
And again, going down that rabbit hole early, Luddux hit the radar for, all right, how are we going to keep up?
How much is our car worth?
You know, when you open a packs, having the best app for the scanner of the car,
what Lodex does. You guys will go check it out. If you're listening in your trading card, you know Luttex.
But if you don't, you got to know how much those cards are worth when you open them. And that's
what Lodex does. I mean, talk a little bit, Brian, let's set the table for everyone about your kind
of journey into the business and what got you going with Luttex. Yeah. Well, it was like any
journey, it's a winding road. I was a derivatives trader for 25 years down at the exchanges.
Chicago. My company got acquired in 2017. I had a three year. I had to work with that company. I was
not a great employee. I did not win employee the month. That's for sure. But during that time,
during COVID, kind of like similar to your stuff, I had cards sitting here and like one up and we have
a place in the city. And my son and I were here, my 14 year old son now. And I'm like, hey,
let's check out these cards. They're getting more valuable and blah, blah, blah. And I was looking
at it. And I couldn't figure out what these cards were, what they were. What they were.
worth any comps, anything.
And then I bought a new pack of cards and the new ones with all the variations and shiny and shimmer.
So I'm like, this is ridiculous.
This industry, there's got to be something out there.
And I looked for like, you know, 30 days.
I'm like, holy crap, this industry is massive and it has not had a tech revolution yet.
And so I said, I'm going to go out and do it.
And I raised $5.3 million in 45 days from all the traders on the floor.
And we are on our way.
I love it. I love it. But you're so right. I remember growing up, get this, Brian. I don't know if we're the same age. I might be a little older than you. You're a little younger.
Okay, little younger. All right. You look good. So growing up, you'd have to go find the book, you know, the Beckett or whatever it is. Like, think about what we had to do, man. This same thing is like music, you know, the MP3 player. But like, God, think about what I had to do to find out what something was worth and trying to do trades. How did we trade as kids?
It's not knowing what that stuff's worth.
You're right, dude.
Like, that's what I did.
I had a Beckett magazine I bought.
I was like, this is ridiculous.
But, yeah, I mean.
Scanding through page 800.
Yeah.
What, how I grew going to be.
Yeah.
You know, like trading shows every day and, you know, no comps.
And you know, also, Ryan, I'm new to this industry.
It's mind-blowing how difficult this industry is to learn, to transact, to trade, to buy.
Like, it is, it's really hard.
There's friction on every single level.
And it's still a $30 billion industry and growing, you know,
cageer of eight, you know.
So it's, I mean, it's massive.
So think about when technology comes into this worldwide, globally, how big this can get.
No kidding.
Oh my God.
Hey.
And right about now is going to help spread the word, baby.
You know, we're going to get out there.
Oh, I'll talk about with Brian Luddn.
He is the CEO and founder of LuddX.
And look, it's one of the.
challenge. We're just talking about, okay, Grady, yeah, you're not grading, but getting the value of your
card so you know when you're trading, you're making deals like either with friends or to sell them on
eBay or something like that. Ludix, you open the app, you scan it. How hard has it been with all the
variations? Because you talked about it. And oh, my God, that's been the biggest awakening for me is how
many of these SSPs and inserts and shiny and shimmer and like, talk about the technology
of the scan to value, you know, is that as hard as it seems?
It was harder.
It was much harder.
It took us like 12.
It took us a year to get base cards and polkaena magic above 90% accuracy.
We're like, we got this thing.
We're crushing it.
And it took us two and a half years and probably $8 million to be able to get parallels in the upper 80s, low 90s because of all the variations and how people
take pictures and you have to train out like blurs and light. And so it was insanely difficult.
But there's a time when when I was like, good, I'm glad this hurts. I'm glad this is difficult
because there's our moat. Right. And we grind it. We grind it and grind it and just stay afloat for
long enough to, you know, to de-risk it and really get to where we needed to to make this a scalable
business. Yeah. I mean, it's not perfect, but it's the best and it's good. I mean, it's great. It's so,
much faster and more efficient than looking it up.
And so like, and I love the brand.
You know, I love the look of the brand.
It feels it's got the, it feels like what a modern trading card company should be.
That's his best compliment I could give you as a brain guy.
That's a high compliment.
Thank you.
But you know what?
You asked another part of that question.
The most difficult thing that we've had is pricing.
There's a change in these big corporations.
You could go and get their data.
You could scrape around the world.
and get whatever you wanted.
But after these, like the chat GPTs, the world,
which become the greatest scrapers of all time of information,
these companies are now starting to be like,
hey, we're going to put this data behind a wall.
If you want it, you either have to pay us or tell us why you want your value prop.
So the comps are really hard because if you think about it,
there's a comp happening at the card show.
There's one happening with your boys at school.
There's one happening on eBay.
There's no central clearinghouse that says this card has worked $1.50.
sense. So that pricing's been really difficult. But we are working on our own pricing algorithm
coming from the options world where I priced all the options. It's going to be cool. But it's probably
about six to nine months from now. But it's going to be the least consistent is what we're looking for.
There's still a lot of variation. That was one thing. I was the biggest surprise of coming back.
I was like, okay, surely tech's gotten better. I've tech's gotten better. We got Luddick's in the house.
But then the variation of pricing from one of that. And it's like, are we just summarizing?
as an eBay, it's what it seems like because it's the biggest marketplace, right, for online
or what I, what are you called, trackable sales?
Yeah, yeah.
I don't have any problem with eBay.
I just don't like them taking 13% of every sale.
I mean, I know they got to make money.
I get it.
No, it hurts, man.
You sell a hundred dollar card and you're like, you walk away like $78.
You're like, what the, you know?
Yeah, I know.
And eBay's a great partner to work with, but, I mean, they do control it.
I mean, I'm ballparking that there are three, three billion dollar GMV on trading cards and no one's even close second.
Yeah, they've done a great job sold.
What's that?
Is it their number one product on the entire platform?
Got to be right.
It's right behind auto parts.
That makes sense.
It's crazy.
The volume.
We put stuff up there.
You get eyeballs.
I mean, any marketplace is, you know, you need attention to drive out the value.
Yeah.
I mean, you hit it.
Like, if a marketplace is going to work, you need three pillars.
You need trust.
You need volume, you need velocity.
Right.
And so if you have those things, you have a chance to succeed.
But most people don't think about that.
The other thing that's super important is a funnel.
Like, how are you getting people into your marketplace?
Are you going to have to steal them from eBay, which is a high cack and expensive and difficult?
Or like a Luddax, we have the tool that gets people in.
And when you're in the ecosystem, do you want to go grade a card?
Do you want to go look at a live stream?
Do you want to sell your card on eBay?
That's what we want to be.
We want to be the Nuculus, the Huff and scope model, and just get broker, get a dime per listing, you know, get referrals from PSA and just really help our users experience the industry a broader sense.
Well, it starts with that slick interface and scanning the cards quickly as accurate as any platform or more, I'd say, than the only one we use consistently.
And literally getting that value, that's where it starts.
It's like, okay, what do I have here?
You know?
And that's what Linux kind of is the gateway to that, the starting point.
So it makes a ton of sense that you then lead them, you know, to these other channels or aggregate them yourself.
I know a smart businessman when I see them.
But again, it starts with that because this is what happens.
I pulled a gold, Georgetown, a downtown Josh Allen out of a $15 dollar dollar dollarist pack two months ago.
And I knew it was good.
I mean, we've been back in it just long enough.
One of 10. It was in Asheville, North Carolina, shopping with friends, and they thought I was nuts buying a trading card.
I did not have my kids with me. It's how deep it's gone, Brian. But anyway, I knew I had something, and I knew even Luddx that said wasn't going to be the source for a one of 10, and it was a new series. However, what the biggest thing is when you open those cards is, what do I have? That's the question, because you know you got something good.
You know, my kids know, but they're like, they don't know how good.
And Luddox is kind of the gateway to knowing what you have.
Yeah, it's knowing what you have and knowing what it's worth.
Those are the two pillars that, you know, we kind of go off of.
And, you know, it's technology.
So it's never done.
It's never completed.
But, yeah.
I mean, really, that's what we want to be.
We don't want to be an authority in anything.
What we want to be is we want to be an information tool to help people enjoy this industry.
in this hobby. And you're a great story about this because you have four boys. They're active.
I'm sure they're in sports. But you guys can bond over this. And there's a business to be in. And you
guys can buy and sell and you can go to shows. You come to National in Chicago at the end of July.
You could be our guests there with your boys. We run the VIP lounge. It's awesome. It's awesome.
But anyways, this industry is about that. And that's what Ludix wants to be. Information tool,
help people out and, you know, enjoy the industry.
Ecom and eBay certainly enabled this 10, 15.
It's been around.
With these tools like Lodex and digital and all this stuff, I mean, we've moved from just the corner store.
Like everybody can have a store and kind of like the whole revolution of this industry is like playing out in digital form and social media and all of this.
Trading cards is the perfect realization of all of this proliferation of technology.
is what it's come to me.
Yeah, you're right.
I mean, the industry, like I said, even eBay, how big eBay got.
I don't know if you list cars on eBay, I'm sure we, but how painful that process is.
And they still do $3 billion in GMV.
Imagine like when Lodox puts a card on eBay, we could put it on in 30 seconds.
It takes me three minutes to put it on eBay's way.
So what that does is that's going to increase people's enjoyment, right?
Like you have information, you can make money on it, go do it.
And there's a lot of different people coming in this industry.
I mean, the way I look at this industry is it was on pause since the mid-90s.
Everyone was good in their spot.
Then people started to get into it.
Cards started going up.
And then you start seeing celebrities get into it.
Then you start seeing big companies, multinational companies, like a fanatic's buying and acquiring.
And then you have massive, massive shows on massive levels.
And now you're seeing venture capital to get in.
You're seeing sports teams.
We have a sports team that invested in us recently.
And you'll get the press release come out in like 30 days.
But like everyone's interested in this because sports fans love to collect.
Every collector is a sports fan, but not every sports fan's a collector.
So if you get them where they're at, you have all these sports fans.
My collection hopes he turns into the greatest player of all time.
No one has more Caleb Williams and is a private collector than probably the Alford family.
I mean, yeah.
And you look at that.
And you're investing in someone you like, right?
Yes.
Like, even if you're collecting, you still like the guy.
But then there's opportunities to make money on that also.
So my son, every sport, he'll be like, okay, I'm buying these signed rookie cards for, you know, these five players, undervalued.
Maybe if they pop out, they go.
And when they go, Ryan, you've seen prices.
I mean, Jaden Daniels card was trading for $100, like a prism, whatever, base or whatever.
Yeah.
Yeah.
days or silver or whatever it's like 10 x that right now yeah yeah it's crazy it's funny how
because it's the power of media and obviously playing well yeah one of the greatest ruggies
i've seen play ever and then making the run in the playoffs it like it compounded it like his
run and then the card values went with it i'm with brian from luddx for our audience that are
going, okay, Ryan's talking, been talking about trading cards on the show for a few weeks
now building up to this. They know it's big. How big is this industry? And how much
headroom is there? Well, I guess we can back into it. Like, there's no number out there,
really, but if you can back into it a little bit. So Loddx has been basically 18 months to 24 months.
We've been out there. And we have 2.5 million downloads, which by itself is a big number. But
when you're talking about the penetration of how many people know about Luddux in the industry,
it's small.
It's like nothing.
So I think there's 100 million Americans that collect.
I think half of the men, when I say collect, I mean, like understand that there's an industry and you can buy and sell converts.
You did it at some point in your life.
When you go global and you start talking about Pokemon, Pokemon by itself is going to produce 15 billion cards this year.
billion.
Oh my God.
And they're up 100% in the last 12 months.
Oh, God.
Go to a Walmart and try to find a Pokemon pack.
Yeah.
No, there's fights.
A grown man will tackle your sons to get to a Pokemon.
I'd like to see it.
I'll take that one, Brian.
But no, yeah, you're right, though.
You're right.
But no, it's huge.
I mean, I would speculate that it easily is in the 200 million range.
globally, easy.
I know that's not directly in your line, but obviously, I haven't quite got my head around
how all that works, the distribution of hobby to retail, to all that, you know, for like local
stores versus online versus, you know, local collector.
I could explain it to you, but I think you'll be just as confused.
I mean, there's so many levels of this thing.
It's like if the mafia was working with like the KGB, with the FBI, with FBI.
with the FBI.
It's like a card is produced, right?
We know they get printed.
They get printed.
They go directly into a box.
That box goes to a distributor to a wholesaler.
A wholesaler sells it to the local card shops or breakers.
And then no one else knows.
No one knows where those cards go after that.
But we get to follow it.
So when there's a new release, we'll see the scans.
And we know who has what cards and where they live and how many
were bought, did you buy and sell any? But the layers to get product is insane. It's, it's,
it's inefficient. How does one go about getting into that? Like, I mean, because it's, it's like
just how many volume, buy enough? Yeah, I mean, it's a difficult. What you know or how much money
you have? I mean, who you know or how much money you have? Both, yeah. I mean, you know,
fanatics controls the, the baseball, the tops, and then you have pinini for another year.
So with basketball and football.
Yeah, what's going to happen with that with licensing change?
I mean, Tops is somehow still sold football cards with not having it.
Yeah, I mean, and those cards, people just don't love non-licensed stuff, you know?
No, it's like, it goes to show you the power of braining and logos.
It's like something just feels missing.
Yeah, I mean, you get a Caleb Williams unlicensed and you're like,
it looks like he's in street clothes and he signed it and it's like whatever.
It's worth like a fit of what Panini would be.
But I think this industry, I think Panini and Fanatics, I think they should have done the deal.
And the stories I heard, it just, they couldn't figure it out.
And I think that's hurt the industry.
I think if they would have partnered earlier, this industry being bigger, the two behemates are in the ring fighting.
And honestly, if I was Panini, if you really want to screw Fanatics, you run these printers 24-7 and just put as many cards in the history of the world out there.
And be like, here you go, Fanatics.
And then Fanatics needs to have like a war chest to just buy that stuff off the show and burn it.
That's interesting.
Flood the market with just too much product, which it almost seems like there is sometimes with the variations.
Like, God, how many silver, neon, green, pink, purple, red, like, I get it.
When's the saturation point on that?
It's insane.
I mean, our parallel database is our most valuable piece of data.
that we have. And it's in the hundreds of thousands of different variations. And every set that come out of
four or five more or different insert, you know, we just have to keep training and training. But,
yeah, I mean, there might be 30 Caleb Williams, you know, variations on Prism, maybe 40. I don't even
know. It's crazy, hard to keep up with. I mean, that's why you got to have Luttex.
You know, all roads lead back to Luttex.
That's what I'm hoping, my man.
I mean, how big is e-com amongst all this?
I know, let's take out, I'm going to separate because I know it's part of it, but like eBay.
You got eBay and it's a behemoth, but like direct a consumer in this business, I mean, is it significant?
No.
I mean, Tops tries to do it, but I'm not envious of their position, fanatics.
They're trying to do so much and it's so big and they want to do it so fast to get an IPO.
But it's not working, right?
It's much larger than that.
I think Ruben's understanding that.
as he gets into it, this industry is much larger than one player.
But I think the important thing about that is that when you get to a point with these
cards and tops and going to direct-to-consumer, they don't have enough product because they've got
to stop the supply chain at some point.
So once they fulfill, like, their distributor, wholesaler, local card shops, they don't have
that much inventory to sell on their own site.
So they would have to reel that all back in, which I think they will, and then go direct-to-consumer.
And then that's where it gets, I think that's what they need to do.
We could sell out on Luddux and get it out to our people, but they just don't have a lot of product at the end of the day after they fulfill stuff.
First thing I was thinking is like, and you have to build the trust factor and all that.
But I mean, I have an EBA account that is from 2001 with 100% perfect feedback.
That's awesome.
We were primed and ready.
That thing's been on the shelf.
I hadn't done this much.
But we've got the branding, all that style.
I have the best packaging of any non-actual shop in.
America. We own breakingrad.com. Oh, that's cool. All my company, Radical, the Radcast, all my stuff is
under the Radical holding company. So Breaking Rad fit right in. Yeah, that's awesome. And got that.
And, but I'm like, can we open to Shopify and sell cards? I mean, I know people are the trust
factor, but I think there's something there. Can people buy graded cards or raw cards off at Ecom?
Yeah. I mean, there's like, there's options. The biggest market that people don't know about,
are these Facebook groups and and uh yeah like those groups that have 50,000 baseball guys will have
their own community that they trade amongst themselves a lot of people don't want to pay the
fees at eBay you know so they create these little cohorts all over the place you know when you
start doing breaks stuff we're we're doing like singles and stuff to start but like you got a product
to to get the you know the the real breaks going that's that's the hardest thing isn't it
I think singles are the way it's going to go because the cards the
they call it wax.
The boxes of cards are getting so expensive.
And the return on investment is like, it's not great.
So what you're seeing now is a lot of these live streamers are just getting,
you know, they're just saying, hey, we're doing singles, 20 seconds, boom, 20 seconds, boom.
And use turnover inventory.
Usually graded cards, but, you know, the singles are, will never die.
I mean, there's legacy.
There's, I think, 1.5 billion cards that have been printed in the,
you know, in the, whatever,
since baseball started in 1880.
Oh, wow.
Like, I know, I'm sorry, trillion.
Did I say billion?
Trillion.
Trillion.
Oh, God, trillion.
Yeah.
Holy moly.
Yeah.
It's a lot of paper.
So there's a lot of singles out there.
Oh, geez, Louise.
I think I had a billion myself, like as a kid, like in boxes somewhere.
And most are worth just the cardboard that printed on.
Yeah, exactly.
My whole collection was that.
I'm like, oh man, look, all this stuff.
It's worth like three bucks.
Oh, I grew up like in the wrong years, man.
Like I had 87 to like 93, you know?
Like terrible years.
You know, the best thing you had was like upper deck when the Griffey came out.
But even that's like a $50 card now, you know, like whatever.
There's some stuff of grades, you know, it's worth more than that.
But it's, it wasn't the best era.
Yeah, no, it was terrible.
And that's when they figured out, like I guess it started taking off.
They started making, you know, too many.
of every card.
That what it was essentially.
Supply and demand,
that's the,
you know,
bringing it back to the business,
that's the interesting part of this,
is that the fine line of how much supply
versus demand to keep value up, right?
Yeah,
I mean, if you look at it,
that's a really tough thing to figure out.
Especially if you're not direct to consumer,
so you don't know who's buying them or where they go.
Like,
yeah,
it's really hard to,
like a fanatics were raised at like a call 10 billion,
somewhere around there.
and the 3x to 4x industry.
But you can't 3 and 4x industry by producing 3 or 4 times more inventory and supply
because you can also crush that.
So they have to figure out a way.
Fanatics has to figure out a way and partner with a company like Lodax is where you can get more people onto it.
Make it more accessible.
Make more buyers.
Make more eyeballs.
Like that's where they need to start at ground zero and say,
where do these collectors at?
Let's find them and let's grow them.
and let's grow them, and then we'll be able to start producing more product or monetize them
otherwise.
Smart.
That's what they need to do.
If we're going to brace the digital and the exposure and the tech and all that, let's go all
in, right?
Talk to me about how does Lodox make money?
What's on the roadmap that you could talk about?
Let's dive into Lodox just a little bit more here as we finish things out.
Yeah, so right now Lodox, we're making most of our money on subscription revenue.
Subscription revenue is a tough business.
It's not going to be our main way that we add value to our investors.
That's going to be this B2B platform we got coming out, which I can show you.
You put 300 cards on eBay in an hour through Lodax web version.
That should be out in a month.
We have some data.
We have some interesting points.
So Fanatics was doing Kobe Bryant night singles.
So one of their live streamers on Fanx Live was Kobe Bryant.
And I called him.
I said, do you know I can get you every single person in Lodex?
It has over 100 Kobe Bryant cards.
and you can market to them about your show tonight.
And they're like, really?
And it was like 28,610, something like that.
And so we did an email campaign for fanatics to send out to our people and say,
listen, we know you like Kobe and check this out.
So there's a lot of ways to make money on that data play, user insights.
And then, you know, who knows if we're going to get into e-commerce, live breaks,
you know.
Here's the thing I know about business.
When companies try to do too much and they go horizontal, it's much harder to lift something horizontally.
Then stick to your core.
Go like this.
Make sure the roots good and then grow it out.
And so we're right here at this stage of just about to start branching out this way.
But it took us a while.
We wanted to be patient with it.
But I think it's putting us in a good position, strong position, you know, into the future.
Yeah.
Well, I'm going to do, I'll solve for you.
Because look, here's what Lodex does.
I mean, it's going to tell you how, how they'll work.
workflow goes for the rad collective, breakingrad.com. We open the packs, we scan them with Luddex.
It keeps up our entire collection because, again, you scan the card. It's good to know your value,
but you need to be totaling this thing and you need to categorize it. So literally you go in there
by player, by team, by brand, and it keeps up everything that you have and it categorizes it,
and it tells you what the value is based on and it's ever changing based on the market data.
that's going to be proprietary here soon, it sounds like, from Brian.
But you keep up with your collection, you know the value,
and we're about to be able to listen.
A hundred and a, that's a preying point already.
We could solve that, the hundred and an hour or whatever,
have 20 minutes, you know, to eBay.
That's the hardest part.
It's insane.
There's technology that we built that's, like, super impressive,
but people don't know it's impressive because it looks easy, like identification.
We talked about pulling pricing is difficult.
But this piece of technology is,
it's going to be revolutionized the industry.
And when I did my study on this to figure out what people were needed in this industry,
it was ways to monetize.
I mean, if you think about eBay, the average card on eBay is about $20 to $25, right?
No one's putting a $4 card on eBay because it takes four minutes, right?
But if you could put $34 cards on or $100 an hour, you mail it, you can make yourself a dollar.
So what Loddx is going to be able to do is just massively dump volume on marketplaces.
And it's going to bring down what cards are valuable.
Our dollar vans and $5 vans are bulging.
Yeah.
And they're just sitting there.
But we also have enough $20 to $100 cards that we're not even getting to to list right now.
The boys are getting to it when they're not in school or we're doing stuff.
But it's tedious.
And it takes a long time.
Again, it goes back to I can't believe this industry is as big as it is with all
pain points. And you had a fresh look at it like I did after many years. And you run many
successful businesses and you, in industries. You look at this. You're like, oh, my gosh, like,
this is insane that it's that big and it's so hard, man. I know. Like, I'm so proud of how far it's
come, but I'm like, damn it, like, I'm going to kick this thing down the road a little bit.
You know, that's why I'm like, all right, we're kicking off the series with someone who's clearly
trying to and and is pushing it down the road of technology innovation and ultimately
hey our tagline is we want to make trading cards rat again yeah i love that and uh that's what
lodex is doing that's Ryan i mean i've really enjoyed this i think i could talk to you for like
two hours like it's like this both the guilty pleasure of being in a trading cards and i love
what everything you guys are doing well thank you brother i appreciate it yeah we could talk forever and
This won't be our last conversation.
So I definitely want Luddux involved in you and your boys.
So stuff, we can give out some memberships.
We can figure something out.
But you stay in touch.
Sure.
Talk to me about how everyone listening can learn more about Luttox, get to the app.
We'll have all that in the show notes.
But, you know, you give any updates or calls to action that you want the audience to know.
And just on the app store, Google Play Store, just download it.
Register.
We have a really robust free version.
You can scan up to like 250 cards a month for free.
So kick the tires on it and, you know, enjoy it.
But, you know, we're a high touch company and we want to be out there with people.
So if anyone in your ethos system comes to any shows, come by Linux and say hi.
Yeah, please do.
And let me tell you, it's the best $200 we spend on the membership because it's more than paid for itself with knowing what those values are.
So don't cheap out.
Go for the subscription.
you'll thank me later, I promise.
And, hey, you don't know what's up their sleeve.
There's stuff on the roadmap that we can't even talk about.
So look, keep up with Luddex.
Go check out the app.
And look, if you're just thinking, you're listening to this show,
you're going, all right, the stock market's doing this,
crypto's doing that.
Well, trading cards are blowing up.
Brian, it's been so wonderful to have you on the show.
Look forward to staying in touch.
Absolutely, my man.
Good luck with rad breaks.
Yes.
Go knock it out.
First one.
are we're going to get luddix as official sponsor or something we'll we're going to figure this out i know it is
we got too a synergy here yeah hey guys you're to find me ryan is right dot com you'll find links to all of this
how to get to ludx how to get to bc how to get to bc and everything that they're doing follow along
on their social media and of course get the app baby i'm telling you save yourself some trouble
download that thing scan those cards and let's go hey we're always taking the bs out of business every
day right here we'll see you next time right about now this has been right about now with ryan alford
a Radcast Network production.
Visit Ryanisright.com for full audio and video versions of the show
or to inquire about sponsorship opportunities.
Thanks for listening.
