Question 1

Sounds cool! Whenever I spot an up-and-coming creator I love, I wish I could invest in their future. My question is, how would you say your product differentiates from rally.io? Seems to be fairly similar in concept.

Accepted Answer

Hello Ben, thank you so much for your backing! It's important to note that Rally operates on a distinct economic model, has a different foundational approach, and targets a separate audience. In contrast, Trendex's strategy is pioneering and unique. We're concentrating on signing world-class superstars and striking the perfect balance between long-term investment appeal and providing a daily, enjoyable experience. This innovative approach is something the industry hasn't seen before!

Question 2

Hi there how would investors make money

Accepted Answer

Hello Scott, As an investor in our venture, your opportunity for profit could materialize in several ways, such as during an upcoming funding round, or potentially through an acquisition or IPO. We see major fantasy league platforms as prospective acquirers, and for future fundraisings valuations can soar into the billions, much like Sorare's success story. Indeed, the path we're navigating is complex, but our accomplishments to date are truly groundbreaking. We've achieved something unpreced...

Question 3

this already exists, people can buy tokens of their favourite athletes, etc, what is different about your company?

Accepted Answer

Hi Aslam, are you aware of any platforms where one can purchase authentic personal athlete tokens? These tokens should be officially endorsed by the athletes and come with a contractual guarantee. I'm asking because we've embarked on an exciting venture to build just that, if it existed we wouldn't have spent years and millions into this. We've secured contracts with the world’s leading soccer player and two eminent NBA stars. This collaboration is set to demonstrate that any athlete can laun...

Question 4

Will an investor own a portion of IP of a celebrity's own production company or business brand which makes income??

Accepted Answer

Hi George ! Achieving our long-term vision hinges on consistently expanding our user base, talent roster, capitalization, and trustworthiness. By reaching a critical mass and positioning ourselves to make compelling offers to top talents, this ambitious goal becomes entirely attainable.

Question 5

Hi, what was the revenue in 2022? Also, how is revenue tracking in 2023 compared to 2022? Thanks!

Accepted Answer

Hi Max, In 2022, we were part of the YC batch, where we launched our beta product mid-year, generating immediate traction and $150k in revenue. But hold onto your hat - 2023 has been nothing short of phenomenal. We've skyrocketed to seven-figure revenues, crossing an incredible $1.3 million in revenue and an astounding $5 million in trading volume, while signing deals with 2 NBA top players and 5 international soccer champions. It's been an exhilarating ride, and we have even more ambitious g...

Trendex (YC S22)

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