About Us

LootMogul is an athlete-led sports technology platform that is powered by regenerative AI, multi-player blockchain mini-games, e-commerce shops for brands and athletes, virtual real estates, training academies, and digital collectibles with In-Real-Life (IRL) rewards (e.g., Live Events, Merchandize, Players etc).

We are a fast-growing sports web3 gaming and e-commerce platform where athletes own land, studios, stadiums, and experience hubs to generate lifetime royalties by engaging with fans through Learn & Earn and Play & Earn models. The fans get to engage with their idols to learn new skill sets, earn rewards and gain access to real-world VIP events & limited-edition physical and digital merchandizes.

The company was launched in 2020 by veteran gaming and technology executives, Raj Rajkotia and Kuntal Sampat. Since the launch of its multi-chain product release, LootMogul has had exponential growth both in terms of users, brand engagement, and meta-world cities (blockchain assets and digital collectibles).

With Goldman Sachs & McKinsey expecting Metaverse commerce and gaming to reach $8+ trillion by 2030, LootMogul is uniquely positioned to capitalize on this opportunity with its fully integrated focus on Sports, Commerce, and True-In-Real-Life (TIRL) rewards for fans, athletes, and brands and was listed as one of the top sports metaverse projects by Venturebeat.com.

MogulX.ai is a dedicated community product created by LootMogul to drive collaboration and AI development in the sports tech industry. Athletes, fans, brands and game developers can leverage LootMogul’s open architecture to create their non-player-characters (NPCs), aka AI avatars, that can be trained in both a supervised and unsupervised manner by the creator. These newly trained AI avatars can compete globally across all compatible games, sports and esports tournaments to generate revenue for all stakeholders.

Community governance for AI will be implemented through LootMogul’s open APIs for all stakeholders to ensure AI’s behavior for both supervised and unsupervised deep learning.

Strategy and Approach
  • Monetization-First strategy for brands (SaaS-B2B) and athletes & fans (B2C) drives steady long-term revenue & engagement for all stakeholders.
  • Pragmatic and simplistic approach to onboarding the Web2 sports community (athletes, brands, and fans) into the Web3 ecosystem using AI.
Traction

LootMogul has currently signed up 312 professional athletes from NFL, NBA, WNBA, MLB, UFC, etc., high school and college athletes as well as 16 sports teams under a multi-year contract. The total reach through players is 104M. Additionally, LootMogul is generating significant monthly revenue from 7 live games and Web3 E-Commerce.

Industry Recognition

In 2022, LootMogul was competitively selected (1 of 5 ventures) by National Basketball Player Association (NBPA) in collaboration with Andreessen Horowitz (a16z)’s Cultural Leadership Fund and Patricof Co in their 2022 NBPA Players Accelerator Program.

In 2023, LootMogul is competitively selected (1 of 6 ventures) by National Football League Player Association (NFLPA) to participate in their 2023 NFLPA Pitch Day Competition.

In addition, LootMogul is the only Web3 venture selected by both NBA Player Association and NFL Player Association in their accelerator/pitch day program.

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VISION & MISSION

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Vision: Revolutionizing Athlete Engagement with Simple and Innovative Web3 Sports Economy

Athletes engage with fans using multi-player blockchain games, training academies & metashops

Brands engage with athletes and fans through sports focused meta shops & e-commerce

Sports fans generate content, own and monetize with athletes and brands using AI

Mission: Expanding the Web3 Community by Onboarding Web2 sports fanatics and Gamers into the Metaverse using AI

LootMogul venture is accelerated (1 of 5 ventures) by National Basketball Player Association in collaboration with Andreessen Horowitz (a16z)’s Cultural Leadership Fund and Patricof Co.

Web3 Studios reports LootMogul as one of the top sports metaverse experience platforms

LootMogul is competitively selected (1 of 6 ventures) by National Football League Player Association (NFLPA) to participate in their2023 NFLPA Pitch DayCompetition during the 2023 NFL Superbowl LVII Week.

LootMogul is NOT AFFILIATED, AUTHORIZED, LICENSED OR ENDORSED by NBA (National Basketball Association), NFL (National Football League), MLB (Major League Baseball), NHL (National Hockey League), MLS (Major League Soccer), NCAA (National College Athletic Association) or any other professional and amateur organization.

© 2024 LootMogul. All Rights Reserved. NextGenTM, Inc. 831 N Tatnall Street Suite M #275 Wilmington, DE 19801 United States