1 up presentation-043012-inv
DESCRIPTION
TRANSCRIPT
Mobile Competitive Athletics
CONCEPTGive athletes a way to showcase their performance directly to players, fans, peers and talent scoutsMix-in competitive game dynamics + crowd-sourcing to encourage participation, make it fun and grow a large, sustainable niche network
Capturevideo of athletic performance wherever it’s happening
Shareyour videos with people in the 1UP network
Competeagainst other 1UP members, earn the most votes and dominate the network
iOS APP
1UP THE NETWORK
David JonesTempe, AZ:19 shot Mar 16, 2012
Jeffrey JohnsonMobile, AL:21 shot Aug 4, 2011
1. Shoot video2. Challenge other videos3. Win challenges with member votes
VS
Footba l l , basketba l l , cycling, baseball, soccer, MMA, hockey, tennis, s k a t e b o a r d i n g , s n o w b o a r d i n g , motoc ross , pa rkour, dunks, combine, crossfit, climbing, kayaking, golf, p a r a s a i l i n g , s k i i n g , mountain biking, track and field, archery, tough-mudder, cricket, surfing, horseback, volleyball, gymnastics, car racing, l a c r o s s e , b o w l i n g , fencing, karate, frisbee, s h o o t i n g , h a n d b a l l /raquetball, rugby, sailing, s o f t b a l l , p a i n t b a l l , swimming, hang gliding, ping pong, beer pong, flexibility, breakdancing...
Anyone with an iPhone + Facebook account who thinks they can one-up challengers with their ability.
AUDIENCE
MARKETS
Mobile500 million monthly users of Facebook’s mobile products
83 million monthly mobile Facebook users
$29.5 billion is projected to be spent on mobile apps in 2012
Sports100 million people actively participate in mainstream sports and recreational activities
$422 billion dollar industry
Board sports market worth more than $17.5 billion
1UP
LAUNCH STRATEGYLeverage relationships with professional athletes and trainers to promote the app to their fans + followers
Football
MMA
MMA
Skateboarding
Zach MillerNFL Tight End
Twitter followers: 7,052
Ryan BaderUFC, TapouT
Twitter followers: 76,962Facebook fans: 34,512
Cain VelasquezUFC, DeThrone, BSN
Twitter followers: 115,200Facebook fans: 35,763
Marty MurawskiBlueprint Skateboards, DVS, Matix
Twitter followers: 1,831 (35k w/sponsors)Facebook fans (sponsors): 100k+
MONETIZATIONApp sales, free vs. ad-free versions ($.99 - $1.99 SRP)
Sponsorships/Advertising (a la Pandora, Internet TV)
In-app purchasing (credits, special challenges/exclusive rematches)
Licensing of network content
COMPETITIVE LANDSCAPE
All lack a gaming dynamic
They are general, not niched around an interest
Style and subject matter varies greatly between apps
COMPANY STATUSJMediaVentures, Inc. is a Delaware Company and a licensed Apple Developer
Company has been self-funded to date, primarily focused on building its beta product slated to hit Apple’s App Store mid-July 2012
Beta testing to take place May 30 - June 30 with select groups of users prior to public launch
INVESTMENT ASK
ACQUIRE USERS QUICKLY - Execute early user adoption activities
APP/PLATFORM ENHANCEMENT - Staff/contractors needed to expand app/platform development
EXECUTE MARKETING - Create sustainable pipeline/funnel to drive users/partners and kick-start monetization
$400,000 in private investment under a convertible note, $50,000 minimum investment