Trading Cards & Collectibles Podcast
Episode Title: Building the Future of the Hobby, One Scan at a Time (Brian Ludden of Ludex)
Host: Ryan Alford (The Radcast Network)
Guest/Co-host: Brian Ludden (CEO & Co-founder, Ludex)
Date: September 26, 2025
Episode Overview
This episode marks a new era for the Trading Cards & Collectibles Podcast, as tech entrepreneur and Ludex CEO Brian Ludden officially joins as co-host. Together with host Ryan Alford, the duo dive deep into building community in the hobby, the lessons cards teach kids (and adults), and—centrally—the disruptive impact Ludex is having on the hobby through technology and data. The show balances nostalgia, market savvy, and the importance of empowering both new and veteran collectors, while previewing how tech and data will reshape the industry.
Key Discussion Points & Insights
1. The Power of Organic Hobby Connections
- Ryan and Brian reflect on how collecting brings people of all backgrounds together, whether it's at a national show or in local shops.
- Both share personal stories of getting their kids back into collecting and discovering how approachable and familial the card-collecting scene can be.
- Brian: "A 9-year-old kid could talk to a guy who's worth $100 million and trade cards... everyone's the same when it comes to collecting." ([02:31])
- Ryan: Describes his sons feeling comfortable talking to industry leaders at shows, which rarely happens in other business environments. ([03:12])
2. Collecting as Life & Business Education
- The hosts wax poetic about the skills collecting imparts—negotiation, entrepreneurship, confidence, and financial literacy.
- Brian: "It's a really great life lesson for these kids to learn how to communicate with adults... learn how to deal with money and become an entrepreneur." ([05:20])
3. Ludex’s Origin Story & Vision
Brian’s journey:
- From 25 years as a derivatives trader to frustrated dad confused by modern trading cards, to app inventor.
- He scouted for an app that identified cards and parallels—finding none, he built it.
- Brian: "If you want to take an idea to market and be successful, you have to be nimble... and you gotta have a team around you." ([08:15])
- He credits both entrepreneurial delusion and hunger, plus his wife (now Ludex co-founder), for getting the company off the ground.
- He raised $5 million from friends and family in 45 days, leveraging trading-floor reputation. ([11:12])
Ludex’s mission:
- "We want to be the first line—when people enter the hobby and want information and knowledge... I can make someone an expert in five seconds when they scan a card. What parallel? Boom. It’s a pink laser. Whatever it is, you become empowered." ([12:28])
- Ludex strives to empower users with instant knowledge, make collecting welcoming, and build tools for easy portfolio management and selling (e.g., direct eBay listing).
4. The Complexity of Card Scanning Tech
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Building the scanning app posed immense technical hurdles—unique parallels, inconsistent lighting, top loaders, glares, phone cases, human error.
- Brian: “We had to build our own proprietary algorithms... Had to train out light, stickers, top loaders... We have three patents pending, much of it around picture taking.” ([15:31])
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The challenge is compounded by the unending variety of new cards and parallels—making this a moving target.
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Notable anecdote: Ludex once scanned and listed 2,000 graded PSA cards in an hour, highlighting efficiency for collectors, stores, and sellers. ([19:59])
5. The Role and Opportunity of Card Shops
- The traditional card shop is described as "stale at best" by Ryan ([20:28]), setting up Ludex’s ambitions to rethink the shop experience.
- Brian details a landmark new shop at Ranger Stadium, a partnership with the Texas Rangers’ ownership and Beckett, which aims to be the best in the country. ([21:21])
6. Leveraging Data Insights to Drive the Hobby
- With over 300 million scans, Ludex has a treasure trove of data—buyer/seller behaviors, trending players, price changes.
- Brian: "We know what they collect. Do they buy? Do they sell? Is it new? Is it old?" ([23:27])
- Examples from most recent data include the top NFL movers by card scans and prices:
- Daniel Jones (+35%), scan activity +42%
- Justin Herbert (+19%), scan activity +14%
- Rome Odunze (notable for Bears/Caleb Williams fans) ([23:43])
7. Industry Trends & Looking Ahead
- The conversation turns toward grading company disruption, repacks, digital integration, and technology adoption.
- Brian: "If PSA rates, prices and it takes longer, they’re going to go to BGS... I know for sure that there’s probably 30 to 40 million dollars a month going in to buy graded product for repacks, digital packs, whatever you call them. It’s a massive part of the industry." ([26:05])
- Upcoming announcements teased: Ludex expects to further revolutionize the hobby and will break those innovations on this podcast. ([18:18])
Notable Quotes & Memorable Moments
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Brian Ludden:
- "You scan a card, we tell you what it is... at the core, it's about empowering people and giving them knowledge that was really hard to find." ([12:28])
- “If you want to take an idea to market and be successful, you have to be nimble. You have to check your ego... make mistakes and then fix them quickly. And you got to have a team around you.” ([00:00])
- "There's a saying, if I knew how hard it was going to be, I wouldn't have started it." ([15:31])
- "I never thought I’d say this, but... Beckett magazine was still relevant!” ([13:07])
- "The one thing I don't... give a shit about challenges, right? It's just data." ([17:24])
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Ryan Alford:
- “It doesn't have to be that way... it’s time for evolution” (on brick & mortar card shops). ([20:28])
- “Ludex... was hands down the best in class from a scanning perspective. Collection, collect and just display of information. But the scanning, you know, it was the best of all of them.” ([13:13])
- "This isn't about just value... It's about what you're collecting, what means something to you." ([03:12])
Timestamps for Key Sections
| Timestamp | Segment | Description | |-----------|------------------------------------------|----------------------------------------------| | 00:00 | Opening Thoughts & Hobby Lessons | Brian on entrepreneurship & community | | 02:31 | Level Playing Field of the Hobby | All ages/wealth backgrounds collect together | | 05:20 | Collecting as Education | Confidence, negotiation, financial literacy | | 08:15 | Ludex’s Origin Story | From trading to tech startup | | 12:28 | Empowering Collectors via Tech | Ludex's core mission | | 13:13 | Frustration with Past Tech, Ludex Demo | Ryan’s family discovering Ludex | | 15:31 | Card Scanning Tech Challenges | Training AI, phone quirks, IP, patents | | 19:59 | Ludex’s Efficiency | 2,000 graded cards on in an hour | | 21:21 | Next-gen Card Shop at Ranger Stadium | Partnership & evolving the shop experience | | 23:27 | Data Insights & Trends | Collecting behavioral/market intelligence | | 24:51 | NFL Movers of the Week | Daniel Jones, Justin Herbert, Rome Odunze | | 26:05 | Grading, Repacks, and Industry Evolution | PSA, BGS, and the “massive” grading market |
Closing & Looking Forward
- Brian and Ryan officially announce their Friday partnership, with Brian bringing industry data and business insight each week.
- Listeners are encouraged to submit stories, videos, and “hits of the week” to be featured.
- Ludex will break major announcements on the podcast first, giving listeners early insights into future tech and market trends.
- Ryan: "This is about ingredients within the show because we’re going to bring these stories to life so that we enable and empower you in your collecting..." ([26:55])
Connect:
- Download Ludex app: [App Store/Google Play]
- Visit: ludex.com
- Submit your stories and pulls to: hits@collectible.show
- Follow on Instagram: @ryanalfold
In Summary:
The episode spotlights how technology—and the people behind it—are democratizing and energizing the collectibles world, offering tools, insight, and access never before possible. Brian and Ryan promise to blend their inside knowledge, industry data, and honest takes to create a “backstage pass” for every listener who loves the hobby, whether you’re a seasoned shop owner or a dad (or kid) opening their first pack.
