{"data":{"type":"company_profile","id":71371,"entity_id":"wefunder:company:71371","attributes":{"canonical_url":"https://wefunder.com/igotit","generated_at":"2026-06-18T16:02:49Z","updated_at":"2026-06-18T05:03:01Z","entity_ids":{"company":"wefunder:company:71371","slug":"wefunder:company_slug:igotit"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-18T16:02:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-18T05:03:01Z","as_of":"2026-06-18T16:02:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-18T05:03:01Z","as_of":"2026-06-18T16:02:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-18T16:02:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-18T16:02:49Z","confidence":"medium"}}},"company":{"id":71371,"entity_id":"wefunder:company:71371","slug":"igotit","name":"I Got It","tagline":"Marketplace tech for NFTs, in-game memorabilia, and experiences","elevator_pitch":"Ever see your favorite sports star make an incredible play and think \"I'd love to have that ball!\"? I Got It allows\u0026nbsp;fans to bid real-time on exclusive memorabilia, one-of-a-kind experiences and digital collectibles from the sports teams \u0026amp; athletes they are watching live or remote.","story":"I Got It is the game-changing platform that enables the best leagues, teams, and athletes to host marketplaces with live auction technology and exchange platforms for digital collectibles (including NFTs).\u0026nbsp;With I Got It’s technology, teams like the Kansas City Chiefs, New Orleans Saints, and Detroit Pistons can market in-game memorabilia, unique experiences and NFTs to their fans.\u0026nbsp;I Got It also works with organizations like the Pro Football Hall of Fame to turn their 30,000+ valuable football artifacts into digital collectibles which can be collected and traded by fans.\u0026nbsp;Additionally, I Got It has 40+ elite athletes under contract to execute NFT transactions with an innovative charter membership NFT program, allowing fans to participate in the upside of an athlete’s career. I Got It has traction in the big leagues: multi-year, exclusive partnerships with NBA teams like the New Orleans Pelicans, Cleveland Cavaliers, and the Sacramento Kings AND engagements with NFL teams like Cincinnati Bengals, Kansas City Chiefs, Jacksonville Jaguars, Los Angeles Chargers and New Orleans Saints. Additionally, established partnerships with the Pro Football Hall of Fame, and 40 partnerships with elite athletes who are all equity holders of the Company.Sports memorabilia markets have looked largely the same for many decades... and they lack the technological innovation needed to advance opportunity, reach, and liquidity. We believe I Got It is the only technology company today that delivers marketplace applications for its partners and end-to-end digital collectibles minting and exchange hosting for primary issuance and secondary trading. One-of-a-kind digital memorabilia items are infused with exciting, unique content and experiences, to engage fans and create a multiplier effect across memorabilia markets.The possibilities of I Got It’s unique platform are endless: increased fan engagement, enhanced connection with remote viewers, deepened fan allegiance, young athlete empowerment, and much more...I Got It’s application adds auction technology to existing apps or websites, providing easy integration with team platforms, enhancing the “second screen” experience, and offering partners an end-to-end solution.I Got It allows its partners to turn-key an NFT minting platform and host its own primary issuance platform and secondary market, without users having to leave a partner’s web or mobile properties. Our creative teams take concepts from idea to NFT with expertise in artwork, animation and video editing. We offer multiple payment sources and allow our partners to accept credit card payment and cryptocurrency. We also embrace compliance and collect sales taxes on all our transactions.This proprietary process makes physical memorabilia available to the public as digital collectibles with unique additional content that makes them even more attractive to fans. Minted in limited editions with full transparency of ownership on the blockchain, they focus on user experience while redefining the market opportunity.Distributing a limited supply of charter member NFTs (non-fungible tokens—one-of-a-kind items like trading cards that are unique and cannot be interchanged) allows young athletes to create their own digital economies, while performance and scarcity drives secondary pricing. Owners of charter member NFTs are entitled to purchase Follow-On or Event NFTs issued by the athlete for a nominal price. I Got It is changing the game by turning Charter Member NFTs into dividend-producing assets that can appreciate in value.The pandemic economy has intensified the already red-hot digital sports memorabilia market. eBay enjoyed a 42% increase in sales in 2020, and Goldin Auctions—the largest memorabilia auction house—saw $100 million profits in 2020 and double that so far in 2021. And with the return of live sporting events, fan engagement will only continue to rise—on and offline. Market sizing for NFTs was estimated to be $2.5 billion in Q2 2021 and growing...At the helm of I Got It is a world-class team of experts in investing, marketing, and sports investing.With prestigious partnerships and ambitious expansion, I Got It’s future is bright. Late 2021 will see digital launches with the NBA, NCAA, NFT product debuts, and NBA and NFL team partnerships. 2022 will bring global growth, physical resale capability, community build, and expansion into art and music.\u0026nbsp;\u0026nbsp;These are forward looking projections and are not guaranteed.I Got It’s world-class leadership and technology is tapping into the multi-billion-dollar sports memorabilia marketplace by finally modernizing the space to increase fan access, unlock investable digital assets, and empower young athletes to cultivate a fan economy. This company is leading the pack in innovation of NFTs. Will you join?","location":"Morristown, NJ","website":"https://www.igotit-NFT.com/","total_amount_raised":710000,"total_investors":131,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/igotit","https://www.igotit-NFT.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/71371/xxl_cropped_igotitcover.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/71371/large_cropped_IGI_Square_Logo_2.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/71371/standard_cropped_igotitcover.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/71371/standard_cropped_igotitcover.jpg","profile_video_url":"https://wefunder.wistia.com/medias/p7enus5rff"},"links":{"company_url":"https://www.igotit-NFT.com/","twitter_url":"http://twitter.com/igotitauction","facebook_url":"https://www.facebook.com/igotitauction/","instagram_url":"https://www.instagram.com/igotitauction/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"📈 Raised $710,939 in Round 1 on Wefunder"},{"index":2,"claim_id":"claim-fact-2","value":"🏈 Multi-year partnerships signed with NFL and NBA teams like the Chiefs, Chargers, and Bucks"},{"index":3,"claim_id":"claim-fact-3","value":"🏀 Charter Member NFT deals with young, elite athletes like Fernando Tatis, Jr., Ronald Acuna Jr., Vlad Guerrero Jr.!"},{"index":4,"claim_id":"claim-fact-4","value":"🏆 Multi-year partnership with the Pro Football Hall of Fame to convert museum artifacts into NFTs"},{"index":5,"claim_id":"claim-fact-5","value":"📈 Accelerating revenue growth in 2021 and capital will be employed for new activations"},{"index":6,"claim_id":"claim-fact-6","value":"⚾ Diverse potential for tech: plug \u0026amp; play \u0026amp;/or destination app for memorabilia \u0026amp; digital assets"},{"index":7,"claim_id":"claim-fact-7","value":"✨ Founder is prior CEO, Hedge Fund Manager, and VC with extensive investing experience"},{"index":8,"claim_id":"claim-fact-8","value":"🔥 Red-hot $15 billion memorabilia market and fast-growing $2.5 billion NFTs market"}],"team":[{"id":1197004,"entity_id":"wefunder:company_role:1197004","user_entity_id":"wefunder:user:600675","role":"founder","name":"Joseph De Perio","title":"Co-Founder/Executive Chairman of the Board","bio":"Joe left a 20 year career on Wall Street as a portfolio manager for a hedge fund to bring his sports financial technology experience to I Got It. His current focus is driving the business forward and sculpting the digital collectibles/NFT strategy.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1197004/square_cropped_Joe_DEPERIO.jpg?1631892985","profile_url":"https://wefunder.com/josephdeperio","linkedin_url":"https://www.linkedin.com/in/joseph-de-perio-79473a1/","related_urls":["https://wefunder.com/josephdeperio"]},{"id":1197003,"entity_id":"wefunder:company_role:1197003","user_entity_id":"wefunder:user:1159205","role":"founder","name":"Nicole Johnson","title":"Co-Founder/Vice Chairperson of the Board","bio":"Nicole is a senior marketing exec with 20+ years of international experience in developing and implementing top marketing strategies. She combines industry research, campaign development and launch, and media expertise to build and elevate brands.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1197003/square_cropped_20201027-nic_Biz.jpg?1659025008","profile_url":"https://wefunder.com/nicolejohnson3","linkedin_url":"https://www.linkedin.com/in/nicole-johnson-1aa7b7b9/","related_urls":["https://wefunder.com/nicolejohnson3"]},{"id":2139059,"entity_id":"wefunder:company_role:2139059","role":"employee","name":"Noah Abramowitz","title":"Vice President of Community Strategies and Digital","bio":"Noah is I Got It's resident sports memorabilia collector, and developed his own digital media company while he was still in college. His knowledge of the memorabilia market and digital media expertise is integral to the success of our platform.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2139059/square_cropped_1540493093185.jpg?1634079891","linkedin_url":"https://www.linkedin.com/in/noah-abramowitz/","related_urls":[]}],"featured_investors":[{"id":5222,"entity_id":"wefunder:company_investor_profile:5222","investor_profile_id":743051,"investor_profile_entity_id":"wefunder:investor_profile:743051","subject_entity_id":"wefunder:user:1205331","name":"Dan Forbes","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/danforbes","investment_total":75000,"investment_info":"Invested $75,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/danforbes"]}],"investor_memos":[],"tab_counts":{"posts":1,"ask_questions":24,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":47866,"entity_id":"wefunder:fundraise:47866","state":"successful","offering_type":"506(b)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":1000,"max_purchase":9,"funding_target":50000.0},{"id":38364,"entity_id":"wefunder:fundraise:38364","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2020-11-13T23:17:32Z","funding_closed_at":"2021-04-24T05:02:07Z","auto_close_at":"2021-04-24T03:59:59Z"}],"latest_fundraise":{"id":47866,"entity_id":"wefunder:fundraise:47866","state":"successful","offering_type":"506(b)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":"$1.5M","txt":"pre-money valuation"}},"recent_posts":[{"id":139012,"entity_id":"wefunder:feed_item:139012","type":"FeedItem::Update","visibility":"public","title":"Investor Update - Q3 2021","preview":"We have a lot to discuss!\u0026nbsp;\u0026nbsp;We have organized our business in three verticals:NBA / NFL Business.\u0026nbsp; We are launched in five NFL teams including the Saints, Chiefs, Chargers, Bengals, and Jags.\u0026nbsp; New opportunities for activation continue to flood in.\u0026nbsp; We are launching with the four NBA teams in the Q4 including the Bucks, Pistons, Cavaliers and Kings.Museum Business.\u0026nbsp; Our first partners is the Pro Football Hall of Fame, and we have a multi-year, exclusive deal to con...","published_at":"2021-09-27T12:45:51Z","author_name":"Joseph De Perio","url":"/feed/139012","canonical_url":"https://wefunder.com/feed/139012"}],"q_and_a":[{"id":176984,"entity_id":"wefunder:comment:176984","question":"Hello I am an investor from the previous round. I am quite alarmed by the fact that one of the co-founders being a \"strategic marketing executive\" neither of the two co-founders have on their LinkedIn profile or anywhere else nothing about currently crowdfunding - no mention on the website, nor on social media. Any other company that is crowdfunding have big banners with bold letters everywhere to inform everyone about their crowdfunding and a link or a button linked to their fundraise page weeks before the start of their campaigns. I believe to neglect the start of the campaign for weeks like this is the cause of the low amount raised and the raise momentum being considered \"cold\". Now you do not show in the Wefunder drop down search as \"newest\" nor \"trending\" and definitely far away from \"Most funded\". Many potential investors might think now that something is wrong with this deal, while the most significant factor to such performance is this raise being the \"best kept secret.\" Hopefully you will compensate for this by bringing in from your business network or the athletes from your teams some big dollar heavy hitters like the lead investor. Lastly I have just learned today from the comments below that you did some merging. I had 200 shares at $1.25 a pop from the previous Wefunder round. How many shares do I have now and what is the share value? Please give me a straight answer, not a reference to some legal document that I won't be able to easily understand. Thank you. V","author_name":"Vilem Fruhbauer","votes":3,"created_at":"2021-11-01T01:34:45Z","canonical_url":"https://wefunder.com/igotit#question-176984","answers":[{"id":179795,"entity_id":"wefunder:comment:179795","answer":"Hi Vilem, Great feedback and you are raising good points. We would like to address your concerns thoroughly and would welcome a call. Would you please send me a few available time-slots via email to njohnson@igotitapp.com?","author_name":"Nicole Johnson","votes":0,"created_at":"2021-11-17T22:23:59Z"}]},{"id":143061,"entity_id":"wefunder:comment:143061","question":"What blockchain will your NFTs be on/who do you plan on partnering with in that space?**update: phone call was very professional and helpful. Seems very legitament !","author_name":"Joseph Lalley","votes":2,"created_at":"2021-04-19T06:04:36Z","canonical_url":"https://wefunder.com/igotit#question-143061","answers":[{"id":143171,"entity_id":"wefunder:comment:143171","answer":"Joseph - Thanks for your question. Please reach out to our Chairman at jad@igotitapp.com to discuss the plans for this space, which we are currently reluctant to publish in this open forum.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-04-19T17:35:31Z"}]},{"id":138696,"entity_id":"wefunder:comment:138696","question":"Can you comment on your plans and timelines to launch a NFT platform? How will that be integrated both from a technology and business model to your current offering?","author_name":"Arun K Subramanian","votes":1,"created_at":"2021-03-30T18:38:35Z","canonical_url":"https://wefunder.com/igotit#question-138696","answers":[{"id":139139,"entity_id":"wefunder:comment:139139","answer":"We will be launching our digital collectibles strategy enabled by blockchain in the next several weeks in multiple sports. The great thing about our Company as that we are uniquely positioned to do digital collectibles. We already have relationships in sports with marquee franchises, we have an established online marketplace, we have a payments engine, and we access to players and teams which will provide unique content. Our marketplace will be connected on the backend to the blockchain. Please reach out to us at info@igotitapp.com to schedule a call for more details that cannot be shared in this public forum.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-03-31T21:55:26Z"}]},{"id":196637,"entity_id":"wefunder:comment:196637","question":"I feel like the big name players in this space can easily replicate this and partner with other teams? What's unique or proprietary about the company other than maybe you're a first mover?","author_name":"Michael Nadler","votes":0,"created_at":"2022-03-16T04:45:23Z","canonical_url":"https://wefunder.com/igotit#question-196637","answers":[]},{"id":183518,"entity_id":"wefunder:comment:183518","question":"You have an interesting business model and I am interested in possibly investing, but I have several questions: 1. What specifically is Noah’s experience in the sports collectibles industry? I reviewed his LinkedIn profile, and I don’t see anything relevant. 2. Why is this raise only $100,000? 3. Is there a complete list of the athletes/teams you currently and will partner with? 4. What is your strategy for entering the golf market? Do you have plans to do so in 2022? 5. How did you derive your $59.2M pre money valuation? 6. How much will our shares be diluted if you obtain VC Funding?","author_name":"Robert Goldberg","votes":0,"created_at":"2021-12-13T00:51:15Z","canonical_url":"https://wefunder.com/igotit#question-183518","answers":[{"id":183587,"entity_id":"wefunder:comment:183587","answer":"Hi Robert: Our team has the relevant experience and knowledge of sports memorabilia. In particular, prior to his work with I Got It, Noah founded Keaton Perspectives and worked with a number of clients in memorabilia where he led the sourcing of exclusive luxury items for professional athletes including next-gen consoles, rare sneakers and limited edition collectibles. In addition, he has been a lifelong collector. The \"initial goal\" for WeFunder is $100,000. We have already raised in excess of $600k this year in Reg CF and more in Reg D from accredited investors. We will continue to raise Reg D money side by side, and are committed to using Reg CF as we are consumer facing business. If you email me at jad@igotitapp.com, I can provide a list of athletes and teams under contract. There have been some ongoing discussions with the PGA Tour and notable agents in golf. We have a strategy for applying our charter member NFT programs to golf in late 2022. To derive our pre-money fully diluted valuation (which includes unissued options), we look at our current traction and forward revenue growth. We have also raised capital at these prices in Reg D. It's difficult to answer this question, but the Board is committed to minimizing dilution with new capital coming in. A good rule of thumb is that we would endeavor to dilute our common stock by 10-15% in a VC funding round. If you have any other questions - please reach out to me at jad@igotitapp.com. Thank you, Joe","author_name":"Joseph De Perio","votes":0,"created_at":"2021-12-13T18:02:32Z"}]},{"id":175704,"entity_id":"wefunder:comment:175704","question":"Hi Nicole, I'm intrigued with the operation. But frankly, I do NOT understand your current $1,000 Minimum investment level. Why so high? You previously had it set at $250 -- which really should have been $200 because of your $250/share price tag. At any rate, if the minimum were $400 it would be more understandable -- even though that level would still be a MAJOR barrier to us small investors, A $200 level would be much more attractive and doable for the small investor. With such limited resources, we can't afford to put that many eggs into one basket, so to speak. This is a \"Crowdfunding\" platform, but at $1,000 a pop, you are certainly severely limiting the size of the \"Crowd\". Please consider lowering your minimum investment to a more affordable $200. Thanks for listening. Blessings","author_name":"W Kim Colich","votes":0,"created_at":"2021-10-25T11:30:23Z","canonical_url":"https://wefunder.com/igotit#question-175704","answers":[{"id":175972,"entity_id":"wefunder:comment:175972","answer":"Hello W Kim: In our first offering, we observed an average investment size of over $5,000 so we thought it fit to raise the investment level to $1,000 given the per share price of $1,000. We are also at the point in our progress whereby VC funds are starting to engage with us, so we opted to try and reduce the number of overall investors to make it more manageable. We understand if this does not fit for you, and will keep you posted should our thinking change in the future. Best regards, Joe","author_name":"Joseph De Perio","votes":0,"created_at":"2021-10-26T21:42:26Z"}]},{"id":174288,"entity_id":"wefunder:comment:174288","question":"Has there been a share split since the last round? The share price has increased by 5x since the last round, however the valuation has increased by a factor of more than 5x post money.","author_name":"Duke Duncan","votes":0,"created_at":"2021-10-15T22:04:38Z","canonical_url":"https://wefunder.com/igotit#question-174288","answers":[{"id":174614,"entity_id":"wefunder:comment:174614","answer":"Duke: There was a merger in May 2021. I Got It Holdings Corp. merged with I Got It, Inc. (which contained the technology of the company), and thus there was a share issuance. We opted to do it this way to create a \"clean\" Delaware C-Corp. we could audit and eventually position for an IPO. All of the operations are now consolidated in I Got it Holdings Corp. Joe","author_name":"Joseph De Perio","votes":0,"created_at":"2021-10-18T12:57:31Z"}]},{"id":173046,"entity_id":"wefunder:comment:173046","question":"Congratulations on all the recent traction and developments! 1) Any comments on the competitive landscape on the NFT side? Last week Dapper labs (maker of NBA Top Shot) announced they have partnered with and are entering the NFL with collectible NFT “moments”. Draftkings and Autograph.io have created a marketplace featuring collectibles from big name athletes. 2) Are you able to partner with elite athletes that are currently not on a team that you have an engagement/partnership with? What are some of the things you look for when partnering with an athlete? 3) Is there currently an opportunity for revenue with secondary trading in the marketplace?","author_name":"Duke Duncan","votes":0,"created_at":"2021-10-07T02:05:03Z","canonical_url":"https://wefunder.com/igotit#question-173046","answers":[{"id":174122,"entity_id":"wefunder:comment:174122","answer":"Thank You, Duke. Please see our answers below: 1) We look at Dapper Labs, Autograph and Candy Digital as formidable competitors in NFTs. It appears Dapper Labs and Candy are focused on transacting with the leagues on highlights as their content. We desire to partner with teams and players and want to be as close to the issuer of content as possible. Hopefully, you see the innovation in our NFT programs as a differentiating factor. For example, our Charter Membership NFTs are a means for a fan to participate in the upside of an athlete’s career which we think is a ‘killer app.’ Our Hall of Fame product delivers unique digital exhibits for museum artifacts. 2) Yes. For instance we have a number of young, marquee College Football stars and MLB stars and do not have deals with teams. 3) Yes. We are charge a marketplace fee for all secondary trading captive to our marketplace.","author_name":"Nicole Johnson","votes":1,"created_at":"2021-10-14T21:28:07Z"}]},{"id":172479,"entity_id":"wefunder:comment:172479","question":"1) I’m admittedly struggling with the $59M valuation - particularly in light of the fact that it was only $1.5M less than a year ago. (Also, the current number is roughly 650x your 2020 revenue.) With that in mind, do you anticipate hitting your revenue estimates for 2021 ($4.7M) and 2022 ($39.1M)? 2) Your campaign page shows revenue of $0.3M for 2020, but your Form C lists $90K for that same period. Can you explain the discrepancy?","author_name":"Kevin Hardman","votes":0,"created_at":"2021-10-04T00:49:39Z","canonical_url":"https://wefunder.com/igotit#question-172479","answers":[{"id":174250,"entity_id":"wefunder:comment:174250","answer":"1. We think the valuation is extremely reasonable for a company with our trajectory and cash flow profile. We intend on hitting our 2021 estimate and surpassing our 2022 estimate. Our valuation takes into account the elimination of technology and proof of concept risk. 2. We executed a merger in 2021 with one of our affiliates. The Form C is the audited number, and we provide the pro forma number in our campaign.","author_name":"Joseph De Perio","votes":0,"created_at":"2021-10-15T16:10:49Z"}]},{"id":143273,"entity_id":"wefunder:comment:143273","question":"Why is your minimum $250 when your stock is in increments of $200?","author_name":"Joseph Lalley","votes":0,"created_at":"2021-04-19T23:12:20Z","canonical_url":"https://wefunder.com/igotit#question-143273","answers":[{"id":143766,"entity_id":"wefunder:comment:143766","answer":"Joseph - Good point. As there are no partial shares, investments should be made in increments of $200. Sorry for the confusing minimum level set.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-04-22T07:35:11Z"}]},{"id":142812,"entity_id":"wefunder:comment:142812","question":"I downloaded the app to check it out and it seems if I want to bid on anything I have to download a separate team app? Is this the case? Seems quite inconvenient?","author_name":"Aaron Aab","votes":0,"created_at":"2021-04-18T00:56:55Z","canonical_url":"https://wefunder.com/igotit#question-142812","answers":[{"id":143174,"entity_id":"wefunder:comment:143174","answer":"Aaron - Our primary means of reaching fans is through our SDK solution, which is directly integrated into our team partners' respective apps. Our technology is imbedded within the team apps as a prominent feature, facilitating team promotion of the offerings and easing access to their large installed user bases. On the I Got It app itself, we occasionally run our own events and will soon be in position to co-list all the team auctions centrally here as well. For now, the links to the team apps are functionally suboptimal, but more for advertisement of these additional platforms.","author_name":"Nicole Johnson","votes":1,"created_at":"2021-04-19T17:40:09Z"}]},{"id":138197,"entity_id":"wefunder:comment:138197","question":"What are the goals for 2021?","author_name":"Eric Mitchell","votes":0,"created_at":"2021-03-28T01:01:42Z","canonical_url":"https://wefunder.com/igotit#question-138197","answers":[{"id":138513,"entity_id":"wefunder:comment:138513","answer":"Eric, Our goals for 2021 include: - Signing an additional 10 teams in the NBA and NFL. - Break out into other sports like golf and motorsports. - Execute the digital strategy. - Exit 2021 with strong run-rate profitability. Thanks for your interest.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-03-30T09:48:15Z"}]},{"id":134918,"entity_id":"wefunder:comment:134918","question":"What is your current monthly burn rate?","author_name":"Eric Mitchell","votes":0,"created_at":"2021-03-15T03:33:43Z","canonical_url":"https://wefunder.com/igotit#question-134918","answers":[{"id":135113,"entity_id":"wefunder:comment:135113","answer":"Our operational monthly burn-rate is less than $20K. That said, the operational monthly burn rate is not as relevant to understand our overall cash burn because of the lumpiness of our sponsorship fees. The best way to think about this is as the soup to nuts cost of sponsorship fee and OpEx per NFL or NBA engagement is between $150k to $200k. This \"nut\" is realizable quarterly throughout the year. We underwrite our deals to profitability of 40-60% . We have four deals in place now with NFL and NBA teams, and will have at least 6 more deals going into next season along with activations in golf and motorsports.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-03-16T13:31:26Z"}]},{"id":132506,"entity_id":"wefunder:comment:132506","question":"Your Financials section says $0 revenue. Did you not have any revenue before the end of 2020? What were your totals for 2020? Also, your Highlights section says you have \"patented technology.\" What is the patent, who owns it, and how does that help your business (considering that there are other auction sites/apps out there)?","author_name":"G. K.","votes":0,"created_at":"2021-02-26T03:22:54Z","canonical_url":"https://wefunder.com/igotit#question-132506","answers":[{"id":132727,"entity_id":"wefunder:comment:132727","answer":"Grant: We are going through our financials now, but it looks like we will book $90K in revenue for 2020, representing less than half of our first year of the Saints activation. Our NBA partnership launches were delayed due to Covid and started in earnest earlier this year. The patent is owned by the operating Company and covers our unique \"flash auction\" technology of offering at geo-fenced events, auctions with pre-defined bid-increments into which mobile users opt-in at each escalating price level and the last user standing wins, with non-winning users instantly retargeted with curated items at the specific price points at which they last entered. The flash auctions themselves are very effective for driving user engagement, as they enable us to solve for some of the inherent problems with traditional auction formats, like potential bidders passively watching an auction only to see the bid levels jump beyond their interest limit and the clustering of most bidding activity in the final minutes of auctions.","author_name":"Nicole Johnson","votes":0,"created_at":"2021-02-27T09:55:35Z"}]},{"id":127673,"entity_id":"wefunder:comment:127673","question":"So in reading the Form C, you believe that you have enough income from your share of the sponsorships to run your day to day operations. How are you going to overcome the loss revenue from the Saints since their NFL season is over? I know that you have the Cavaliers with more games but they are a mediocre team. Do you feel the Cavaliers will replace the income of the Saints? So you believe that the large bulk of this raise can be used for additional acquired sponsorships? Realistically, how many sponsorships do you plan to obtain theoretically with a raise of $500k? Thank you in advance.","author_name":"Eric Mitchell","votes":0,"created_at":"2021-01-31T22:18:33Z","canonical_url":"https://wefunder.com/igotit#question-127673","answers":[{"id":127751,"entity_id":"wefunder:comment:127751","answer":"Eric: Thanks for the interest. We have budgeted accordingly to make sure we have capital to support monthly operations. The overwhelming majority of our capital raising activities are allotted for new deals. In fact, we are considering upsizing the raise, since the pipeline is strong in the NFL, NBA and potential activations in other sports. It was unfortunate that the Saints season ended, but thankfully we have developed an active user base, and are continuing to generate cash from on-going auctions on the Saints Auctions platform. We are also arranging campaigns around the NFL Combine, NFL Draft, Mini-Camp, Training camp, and Pre-season, to keep Saints engagement high throughout the year. Not only do we have the Cavs, but we are launched with the Pelicans and Bucks (2/3). Also, look for us to be opportunistic with events like the Super Bowl. Check out our Super Bowl modules on the I Got It Auction app today!","author_name":"Nicole Johnson","votes":0,"created_at":"2021-02-01T13:37:41Z"}]},{"id":124386,"entity_id":"wefunder:comment:124386","question":"Hi Nicole, what type of authenticity certificates are provided to the auction winners? Does an outside memorabilia signature service like PSA provide it or is it just a letter from the team? Thanks","author_name":"John K Roberts III","votes":0,"created_at":"2021-01-13T22:36:34Z","canonical_url":"https://wefunder.com/igotit#question-124386","answers":[{"id":124438,"entity_id":"wefunder:comment:124438","answer":"Mr. Roberts III, Thanks for the insightful question about authenticity, a major concern in the memorabilia market. Every memorabilia item sold through our platform is authenticated, either by the team providing the item or by a third party service provider like JSA, PSA, Fanatics or Beckett. Each league and team we work with operates within differing norms and guidelines, but in all cases the items offered are clearly marked with the type of certificate included, so buyers are fully aware prior to purchase. We have found that our buyers are comfortable with all the issuers of certificates that accompany the items sold. That said, we are in discussion with several companies about developing our own authentication system to operate in conjunction with established third-party providers.","author_name":"Nicole Johnson","votes":1,"created_at":"2021-01-14T08:56:59Z"}]},{"id":122233,"entity_id":"wefunder:comment:122233","question":"Hi Nicole, I just wanted to know how it works. The term says preferred stock $200 per share and valuation 1.52Mil. What happens if the valuation goes to 3Mill? Does the stock price double? Thanks!","author_name":"Geogy Philip","votes":0,"created_at":"2020-12-30T19:30:26Z","canonical_url":"https://wefunder.com/igotit#question-122233","answers":[{"id":122371,"entity_id":"wefunder:comment:122371","answer":"Geogy: We are selling common stock in this round. There are no outstanding debts or preferred stock in our Company. We are raising money at a $1.52 million valuation. Assuming the closing of the financing in a total amount of $500k, the post-money valuation will be $2.02 million. Assuming the company's market value in the future is $3 million, the share price would be approximately $300 per share. Assuming the company's market value is worth $10 million, the share price would be approximately $1,000 per share. Value of the Company and value per share are not directly related 1 for 1 as there is additional dilution from the financing round.","author_name":"Nicole Johnson","votes":1,"created_at":"2020-12-31T17:46:05Z"}]},{"id":119654,"entity_id":"wefunder:comment:119654","question":"I really like the concept and the traction so far, but can you speak at little bit about your revenue from the current deals? For example, from your investor presentation, you indicate that your current deal with the Saints cost the company $200,000 in rights fees. Has that partnership been profitable so far? Or are you seeing enough engagement and revenue from auctions to indicate future profitability from the current deal? Really curious to see how successful your current partnerships are from a revenue standpoint. Thanks!","author_name":"Jason Kaunas","votes":0,"created_at":"2020-12-16T13:11:35Z","canonical_url":"https://wefunder.com/igotit#question-119654","answers":[{"id":119657,"entity_id":"wefunder:comment:119657","answer":"Hello Jason: First off, we were able to renegotiate the first year of the Saints relationship because of the COVID protocols for in-stadium attendance. The revised rights fee was substantially lower than originally agreed. While I cannot disclose our year to date revenues with you, I would say that last week (for a disappointing Saints loss in Philly), we had sales of approximately $15,000. Each deal is designed to be profitable on a standalone basis. It's helpful to note, that supplementing our main revenue source from the team provided assets, we cut deals with individual players and also resell merchandise from other memorabilia providers. On the Saints athlete side, we have signed starters Tre'Quan Smith, Shy Tuttle and Taysom Hill, as examples. On the resell side, our margins are strong given the captive nature of our user interface. Hope this helps -- contact us at info@igotitapp.com to schedule a follow-up diligence call if you have more questions","author_name":"Nicole Johnson","votes":0,"created_at":"2020-12-16T14:14:40Z"}]},{"id":117836,"entity_id":"wefunder:comment:117836","question":"Hi Nicole, I downloaded the NO Saints app. Is the ”weekday auction” feature sourced from ”I got it”? Thanks, Kevin","author_name":"Kevin Brown","votes":0,"created_at":"2020-12-07T12:41:41Z","canonical_url":"https://wefunder.com/igotit#question-117836","answers":[{"id":117868,"entity_id":"wefunder:comment:117868","answer":"Kevin - Thanks for your inquiry and for downloading the Saints app. Yes, the entire Saints Auctions feature within the \"Dome @ Home\" and \"Fun \u0026amp; Games\" sections of the Saints app. Within the overall Saints Auctions feature, we host a number of different events, which we update weekly/regularly. We appreciate your interest in potentially investing in I Got It and remain at your disposal to answer any questions you might have.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-12-07T16:18:06Z"}]},{"id":116377,"entity_id":"wefunder:comment:116377","question":"Thank you for the quick response to my prior question. I understand competition is good and there will always be competition for space. With that in mind, what advantages/protections does I Got It have if continued success draws in eBay for auctions and/or Amazon for instant sales?","author_name":"Eric Pruyne","votes":0,"created_at":"2020-11-29T15:53:12Z","canonical_url":"https://wefunder.com/igotit#question-116377","answers":[{"id":116398,"entity_id":"wefunder:comment:116398","answer":"Good question. We sign multi-season exclusive agreements with teams that provide protection into future years. More fundamentally though, I Got It is positioned to leverage the teams' incentive to keep fans within their team app eco-system. Teams are keen to work with us because I Got It, as an integrated solution, drives user engagement with our partners' respective team apps. Other auction / e-commerce platforms draw users away from the team app, which is at odds with the teams' long-term interest in building a robust digital/mobile engagement platform.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-11-29T21:00:27Z"}]},{"id":115766,"entity_id":"wefunder:comment:115766","question":"Why does the LinkedIn page have 2014 as the company's founding year? https://www.linkedin.com/company/igotitapp/about/","author_name":"Maksym Litvinov","votes":0,"created_at":"2020-11-23T17:14:59Z","canonical_url":"https://wefunder.com/igotit#question-115766","answers":[{"id":115877,"entity_id":"wefunder:comment:115877","answer":"Maksym: I Got It was initially conceived in 2014 and incubated slowly and purposely with the technology build. We recently created a new investment vehicle, I Got It Holdings Corp. to invest in all the sports transactions going forward, and has an exclusive, evergreen license in all of sports along with a preferential revenue share. In doing so, we created a new, clean entity to take investment in and enjoy the recent transaction in all the deals going forward. Please email us at info@igotitapp.com to set up a call for further discussion.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-11-24T15:54:38Z"}]},{"id":115484,"entity_id":"wefunder:comment:115484","question":"What about other celebrities, and rockstars, rappers, performers, and etc. Will they be able to sell their items as well?","author_name":"Jacqkis Davis","votes":0,"created_at":"2020-11-21T02:41:12Z","canonical_url":"https://wefunder.com/igotit#question-115484","answers":[{"id":115637,"entity_id":"wefunder:comment:115637","answer":"Jacqkis: Absolutely! Our goals are to be pervasive in Major North America sports and use capital from this raise to also expand to global sports like soccer and F1 and cricket. Beyond, our app works great for any live performer and celebrity. We can either use our native I Got It app, create a white label app for them or integrate into their app, if they already have one.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-11-22T13:09:28Z"}]},{"id":115272,"entity_id":"wefunder:comment:115272","question":"I hope this finds you well. Can you expand on the experiences that may be offered? Are they individually contracted with each team? Is there a general menu of experiences or objects (game used items) or is anything up for discussion? Good luck with the raise!","author_name":"Eric Pruyne","votes":0,"created_at":"2020-11-19T22:04:06Z","canonical_url":"https://wefunder.com/igotit#question-115272","answers":[{"id":115284,"entity_id":"wefunder:comment:115284","answer":"Eric: Thanks for the questions. Experiences run the gambit - Play a round of Golf with an Ex-Player, Current Player Visits the Auction Winner's School and talks to his/her class, Auction Winner can kick a football at halftime. We are really only limited by our company and our team partners' creativity! For each multi-year deal we sign with a sports team, there is an agreed schedule of deliverables for items and experiences. We are going to adapt best practices across our teams and modulate the ones that are the most well received and tailor it to each market and each sport.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-11-19T23:45:02Z"}]},{"id":115232,"entity_id":"wefunder:comment:115232","question":"What is particularly defensible versus other licensees getting access to team product? Does it need to be an app? Can it plug into other fan apps as an add on versus standalone, or implemented in the teams actual website in a SAAS or just as a managed integrated service?","author_name":"Ethan Logan","votes":0,"created_at":"2020-11-19T17:44:36Z","canonical_url":"https://wefunder.com/igotit#question-115232","answers":[{"id":115285,"entity_id":"wefunder:comment:115285","answer":"Ethan: Thanks for the question. When we transact with a team, we become their online exclusive partner for memorabilia-and-team-auctions, and all of our transactions are multi-year in term. We have three ways to deliver our technology - our standalone I GOT IT app (which you can see in the Google and Apple stores today), a white label solution for a team, or an integration (software development kit) into their existing app. For example, when you got to the New Orleans Saints official team app, we are integrated prominently. This has multiple benefits - we inherit the user base, we integrate in their social media marketing and since we are part of the infrastructure, it improves our \"stickiness.\" Ultimately, our goal is to revolutionize fan engagement and drive people to the team software and be the \"killer app\" that drives traffic and controls the second screen experience. Our next several deals in the NBA will follow this model. If you have any additional questions, please contact us at info@igotitapp.com to set up a conference call.","author_name":"Nicole Johnson","votes":0,"created_at":"2020-11-19T23:48:29Z"}]}],"faq":[{"question":"What is particularly defensible versus other licensees getting access to team product? Does it need to be an app? Can it plug into other fan apps as an add on versus standalone, or implemented in the teams actual website in a SAAS or just as a managed integrated service?","answer":"Ethan: Thanks for the question. When we transact with a team, we become their online exclusive partner for memorabilia-and-team-auctions, and all of our transactions are multi-year in term. We have three ways to deliver our technology - our standalone I GOT IT app (which you can see in the Google and Apple stores today), a white label solution for a team, or an integration (software development kit) into their existing app. For example, when you got to the New Orleans Saints official team app..."},{"question":"I hope this finds you well. Can you expand on the experiences that may be offered? Are they individually contracted with each team? Is there a general menu of experiences or objects (game used items) or is anything up for discussion? Good luck with the raise!","answer":"Eric: Thanks for the questions. Experiences run the gambit - Play a round of Golf with an Ex-Player, Current Player Visits the Auction Winner's School and talks to his/her class, Auction Winner can kick a football at halftime. We are really only limited by our company and our team partners' creativity! For each multi-year deal we sign with a sports team, there is an agreed schedule of deliverables for items and experiences. We are going to adapt best practices across our teams and modulate th..."},{"question":"What about other celebrities, and rockstars, rappers, performers, and etc. Will they be able to sell their items as well?","answer":"Jacqkis: Absolutely! Our goals are to be pervasive in Major North America sports and use capital from this raise to also expand to global sports like soccer and F1 and cricket. Beyond, our app works great for any live performer and celebrity. We can either use our native I Got It app, create a white label app for them or integrate into their app, if they already have one."},{"question":"Why does the LinkedIn page have 2014 as the company's founding year? https://www.linkedin.com/company/igotitapp/about/","answer":"Maksym: I Got It was initially conceived in 2014 and incubated slowly and purposely with the technology build. We recently created a new investment vehicle, I Got It Holdings Corp. to invest in all the sports transactions going forward, and has an exclusive, evergreen license in all of sports along with a preferential revenue share. In doing so, we created a new, clean entity to take investment in and enjoy the recent transaction in all the deals going forward. Please email us at info@igotita..."},{"question":"Thank you for the quick response to my prior question. I understand competition is good and there will always be competition for space. With that in mind, what advantages/protections does I Got It have if continued success draws in eBay for auctions and/or Amazon for instant s...","answer":"Good question. We sign multi-season exclusive agreements with teams that provide protection into future years. More fundamentally though, I Got It is positioned to leverage the teams' incentive to keep fans within their team app eco-system. Teams are keen to work with us because I Got It, as an integrated solution, drives user engagement with our partners' respective team apps. Other auction / e-commerce platforms draw users away from the team app, which is at odds with the teams' long-term i..."}]}}}