Financial assumptions based on raising $5M and later $25
The CEO of NoLimitCoin NLC2 Rafael Groswirt has outlined plans for a $5 million capital raise to power the next phase of growth.
According to the spreadsheet discussed in the video, acquiring a single player costs about $40, when using external means of marketing. As to marketing and affiliates, this value drops to $10 per single player.
In light of these two numbers, NoLimitCoin expects to average $30 per a single customer. All of this amounts to a potential 116,667 players, given the company’s current estimates.
From there on, Groswirt projects that an average user would need $25 to participate, which would in turn amount to $2,916,666.67 as the exact breakdown.
An interesting projection for the NLC2 business is taking into account the average valuation per player. NLC2 will start with around $87 per player annually, juxtaposing these numbers with $187 for one of the largest sports betting companies – DraftKings.
Extrapolating from these numbers, Groswirt then suggests that NLC2 could potentially hit a valuation of $21 million a year, accounting for stock exchange listings and the best possible scenario – i.e. replicating DraftKings’ own return per player.
NoLimitCoin feels confident that the set goals are feasible. Then, Groswirt hypothesizes about the target funding hitting $25 million.
FINANCIAL PACKAGE
Any offering will comply with US SEC regulations conforming to Reg CF and Reg D rules. Foreign investors are permitted and any investment will fall under the SEC rules that apply to private investments in No Limit Fantasy Sports, LLC, a California Limited Liability Corporation. This package is purely informational and will contain forward-looking statements based on what the company sees as potential growth. Every investor should make their own research and an investment should be considered long term. Shares in the company are not currently liquid or listed on any exchange and no guarantee is made they will ever list. Efforts by management will be to reach the maximum funding methods to place the company as a world player in the online gambling markets.
The company may ask for additional information before it sends out the financial package.
To receive a financial package please request here: https://www.nolimitfantasysports.com/InvestorRelations
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This document shows potential profit and money that would need to enter coin based on certain projections.