myNILpay, Inc.

myNILpay is a first-of-its-kind fintech platform to enable fans an NCAA-compliant method to direct-pay college student athletes for their Name, Image, and Likeness (NIL). #NILforALL
Frisco

About myNILpay, Inc.

myNILpay is a first-of-its-kind fintech platform using blockchain technology to offer fans an NCAA-compliant method to direct-pay college student athletes for their Name, Image, and Likeness (NIL). myNILpay revolutionizes the way fans support their favorite college athletes by providing an opportunity for all student athletes, men and women, revenue and non-revenue sports to monetize their NIL.

Tagged with

Team

Problem statement

On July 1, 2021, the NCAA implemented a new groundbreaking policy allowing students to profit from their NIL (Name, Image, Likeness). To date there has been little or no opportunity for vast majority of the 500,000 student athletes to monetize their NIL.

Traction information

Product launched on May 12, 2023
All 500,000 student-athletes are pre-loaded in the app.
Athletes at 230+ schools (21%) use myNILpay
$125 Average Transaction Amount
Received national media recognition from the likes of AP, ESPN, Fox Sports, Bleacher Report, Business Insider, Sports Business Journal, etc.

Updates

Will Francis has visited this profile using a private link.
Added 21 days ago
Bryan Chambers has visited this profile using a private link.
Added 4 months ago
Feng Chi Wang has visited this profile using a private link.
Added 4 months ago
Emerson Miller has visited this profile using a private link.
Added 4 months ago
Nada Hosking has visited this profile using a private link.
Added 4 months ago
Feng Chi Wang has visited this profile using a private link.
Added 4 months ago
Feng Chi Wang has visited this profile using a private link.
Added 4 months ago
Drew Rice has visited this profile using a private link.
Added 4 months ago
Drew Rice has visited this profile using a private link.
Added 4 months ago
Morgan Odell has visited this profile using a private link.
Added 4 months ago

Funding

Currently raising capital

$400,000
committed
$3,000,000
round goal
Total raised to date:$2,675,000
Pitch is a Capital Factory product. © Capital Factory 2024. Privacy policy.