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Tuesday, November 26, 2024

Entrepreneur shakes London tech market with collectible grading, authentication - Geo News

Last updated Wednesday, March 2, 2022 13:26 ET

Nearly 100 people work for Hussain's company across India, Indonesia, and UK.
"Purpose of grading and authentication is to differentiate between the fake and the real cards," says Hussain.
Iyak says he and other industry professionals are targeting generation that’s predominantly between 18-30.
LONDON: A British Pakistani entrepreneur has created a buzz on London’s tech scene through his company that authenticates and grades various trading cards such as Pokémon, Yu-Gi-Oh, Magic The Gathering and many more.
Based in the heart of upmarket Knightsbridge opposite Hyde Park in London, Raja Iyak Hussain had taken the company from nothing to worth around $10 million in a matter of few months. Today, nearly 100 people work for his company across India, Indonesia, and the United Kingdom.
The entrepreneur, 38, explained that the purpose of grading and authentication is to differentiate between the fake and the real cards and also assess the quality of a product.
He told this correspondent in an interview: “We have entered into a tech era where the gaming business has become a market of trillion of Dollars. It’s no longer business as usual. The new generation is living the new era and they are a significant portion of the world population. The major company giants have made it so their products don't have the collectible value unless it is graded and authenticated to make the investment worth it.”
He said: “Grading is like an investment. It uniquely protects a card or collectible as...



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