Fanatics
Coverage of Fanatics in the Nexus archive.
- ‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community
A 24-year-old founder of ShockedIO, an anonymous individual named JS, has generated $4.4 million since 2020 through a subscription-based reselling community. The platform uses bots to monitor online retailers for restocks and pricing errors, alerting members to resale opportunities. The service charges $100/month and operates in a legal gray area, claiming compliance with the First Sale Doctrine.
- Fanatics Buys CFTC-Registered Exchange in Prediction Markets Land Grab
Fanatics has acquired BGC's Water Street Labs and CX Clearinghouse, enabling the company to list and settle its own event contracts. This move mirrors efforts by sports-betting companies like DraftKings and FanDuel to establish a presence in prediction markets.
- Fanatics buys regulated exchange in bid to grow prediction markets business
Fanatics has acquired a regulated exchange to expand its prediction markets business. The move aims to grow the company's presence in the prediction markets sector.
- Fanatics CEO Michael Rubin on two sports businesses his multibillion-dollar conglomerate won't enter
Fanatics, led by CEO Michael Rubin, has become a major player in sports by developing a large merchandise, collectibles, and sports gambling platform.
- How Fanatics cornered the sports collectibles market
Fanatics has secured an exclusive collectibles license from FIFA, positioning itself to capitalize on the rapidly growing sports collectibles market in the world's largest sport. The deal gives Fanatics significant market dominance, though the company faces ongoing criticism regarding its business practices.
- Fanatics to launch first credit card as part of broader deal with American Express
Fanatics is launching its first credit card in partnership with American Express, allowing sports fans to earn rewards for team merchandise, trading cards, and collectibles. The move is part of a broader deal between Fanatics and American Express. This partnership aims to provide sports fans with exclusive rewards and experiences.
- Generation Infinity Podcast - Phygitals on Solana Just Launched on a $13 Billion Platform. The World's 2nd Largest
Phygitals on Solana has launched on Fanatics, a $13 billion platform, enabling collectors to list and sell physical-digital collectibles across dual markets. The integration includes 50,000+ cards, support for brands like Pokémon and NFL, and features like proof of reserves and a mobile app in test pilot.