Play Fantasy Sports
About this raise
Play Fantasy Sports, with a pre-money valuation of $1.3 million, is raising funds on StartEngine. The company is decentralizing fantasy sports and using a transparent blockchain system to give a new alternative to players. Daily Fantasy Sports is a fun game where participants compete to form the best fantasy sports team. Play Fantasy Sports was founded by Ian Olito and Zachary Fluewelling in 2019 and will be live by the end of 2019 for players to play NBA, MLB, and NFL. New sports like golf, soccer, hockey, and cricket will be added by 2020. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $107,000, and the proceeds will be used for marketing, technology development, and revenue generation.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/10/2019
- Close Date
- 08/08/2019
$10,000
$107,000
$199
Equity - Common
Early Stage
RegCF
$0.65
$1,300,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Lake Hopatcong, New Jersey
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/08/2019 | StartEngine | $1,300,000 | $0 | Equity - Common | Not Funded | RegCF |
