Trading Players

Early Stage
Fantasy sports stock market game where users can trade virtual shares of athletes 24/7
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/19/2023
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2015
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Trading Players, with a valuation of $7 million, is raising funds on MicroVentures. The company has developed a fantasy sports stock market game for customers to trade virtual shares of athletes. The value of the shares of athletes rises or falls based on their on-field performance and can be traded on Trading Players based on demand and supply. Trading Players soft-launched in February 2022 and has 76 paying subscribers and 347 registered users as of October 1, 2022. Ken Pendleton, Steve Hubbard, and Joe Fugarino founded Trading Players in September 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for payroll, contract development, marketing, legal fees, and office and admin expenses.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$1,168 |
$0 |
COGS |
$176,805 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-948,189 |
$267,306 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$24,938 |
$2,576 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$30,938 |
$2,576 |
Short-Term Debt |
$94,655 |
$171,765 |
Long-Term Debt |
$722,902 |
$525,365 |
Total Liabilities |
$817,557 |
$697,130 |
Financials as of: 11/03/2022
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