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?

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...

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!

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...

What about other celebrities, and rockstars, rappers, performers, and etc. Will they be able to sell their items as well?

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.

Why does the LinkedIn page have 2014 as the company's founding year? https://www.linkedin.com/company/igotitapp/about/

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...

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...

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...

I Got It

Marketplace tech for NFTs, in-game memorabilia, and experiences

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igotit-nft.com

Morristown, NJ

Marketplace Blockchain & Web3 Sports

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Tony interviewed I Got It on March 1, 2021. Play Video

Tony Wilkins

Private investor at Standing Oaks Venture Partners. Started investing in 1991. I invest in coachable people who I admire, respect and trust.

Strengths

says, "What an ingenious idea. Auctioning the 'stuff' from an actual game that you've watched. This business depends on developing relationships with the teams and delivering. This team has done it. As an investor, the second best thing we can see is actual traction and the first best thing is a passionate group of founders that can get things done. I Got It has both."

Advice

says, "Stay with the leagues that love you and branch out from there. Social proof with the NBA and NFL will go a long way but you must provide an excellent experience for both the leagues and the fans."

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Owner, Forbes Financial Planning

LEAD INVESTOR

Invested $75,000 this round

I have known the leadership team since my time at Brown University and followed their success in finance and technology. This business combines several of my passions - sound economic principles, an enhanced user experience, and the excitement of professional sports. It can be a great value to the fan while providing an attractive return for the teams and leagues who partner with the organization. I am excited to be a part of I Got It's bright future.

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I Got It

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$710,000

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