Lootmogul

Lootmogul

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Athletes-led sports metaverse powered by virtual real estate, academies, games, meta shops for brands and fans with in-real-life (IRL) rewards. Learn more

Launch date
Employees
Market cap
-
Net debt
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Enterprise valuation
$800m—1.2b (Dealroom.co estimates Sep 2022.)
Santa Monica California (HQ)

Financials

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Revenues, earnings & profits over time
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DateInvestorsAmountRound
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round
investor investor

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round
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$200m

Late VC
Total Funding000k

Recent News about Lootmogul

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More about Lootmogul
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LootMogul.com is a pioneering startup operating in the rapidly growing sports tech industry. It offers a unique platform, MogulX.ai, that encourages collaboration and AI development. The platform serves a diverse clientele, including athletes, fans, brands, and game developers.

LootMogul's business model revolves around the creation of AI avatars, or non-player characters (NPCs). These NPCs can be trained by their creators and can participate in global sports and e-sports tournaments to generate revenue. This innovative approach combines the excitement of the metaverse with the potential of AI, creating a new form of entertainment and income generation.

The company also offers a range of blockchain-based games, such as Hoop Star, Flick American Football, Flick Soccer, and Cool Archer. These games provide daily prizes and the opportunity to earn while playing, tapping into the growing trend of play-to-earn games.

LootMogul also provides a platform for ambassadors to design and offer their own games and digital collectibles. This allows them to monetize their creations and expand their e-commerce businesses. The company also offers opportunities for brands to establish their presence in the metaverse, promoting their products and unlocking new revenue streams.

Finally, LootMogul offers a range of digital sports collectibles on the blockchain. These collectibles, which include exclusive sports star assets, have gained popularity due to their real-life utilities and rewards. They offer significant earning potential and are tradable on global NFT markets.

Keywords: Sports Tech, AI Development, Non-Player Characters, Blockchain Games, Play-to-Earn, Digital Collectibles, E-commerce, Metaverse, Brand Promotion, Digital Sports Collectibles.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.