Courtyard vs Beezie: Two Vault Models Compared
Courtyard and Beezie are the two vault-backed collectibles venues in our registry — same custody class, different shapes. Both records verified September 2026.
The shared model#
Both are “phygital” marketplaces: you send (or buy) a physical graded card, the platform’s vault holds it, and a token on-chain represents title to that specific item. Sell the token and the item stays vaulted; redeem it and the physical ships to you. The custody explainer covers the model — this page compares the two implementations.
Where they differ#
| Axis | Courtyard | Beezie |
|---|---|---|
| Custody | Vault model (own facility, Delaware per platform docs) | Vault model (per platform docs) |
| Registry status | Active (verified 2026-09-24) | Active (verified 2026-09-23) |
| Volume evidence | Platform stack case study published Aug 2026 (Privy) | ~$28M all-time tracked volume per Caggy (Feb 2026) |
| Focus | Cards + collectibles, pack-drop mechanics | Cards, graded collectibles, claw/pack mechanics |
How to choose between them#
- Verify the specific card flow — submission requirements, supported grading companies, redemption mechanics differ per venue; read each platform’s current docs.
- Check redemption economics — the real test of a vault venue is what it costs to take the physical item out: fees, shipping, minimum grade requirements.
- Compare listed depth — for the same card class, the venue with more live listings usually gives better pricing.
Bottom line: same custody class, different venue economics — compare on redemption cost and live depth for the specific items you trade, not brand. Records verified 2026-09-23/24.
From the registry#
The platforms this explainer names have live registry records — status, custody and redemption terms are verified there, with dated checks: Courtyard · Beezie.