Leagueswype is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$100.00 minimum investment

Leagueswype

The Ultimate Fantasy Sports App

Regulation Crowdfunding
Forest Park, IL
Consumer Internet
Accepting International Investment
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A Better Way to Play…

Invest in Leagueswype

Group Me Meets Venmo for Fantasy Sports

It is the most exciting time of the year -- Fantasy Season.  Your friends are already speculating draft picks and talking smack to each other.  But now you have to deal with the part that every commissioner hates: collecting league dues.  Rodney swears he already paid you in cash, Mike sent his via Quickpay, Lisa keeps replying with emojis every time you text her to pay up, and Joe still hasn't paid his dues from LAST season!  That is all about to change.  Introducing Leagueswype, the Group Me meets Venmo for fantasy sports.


In paid fantasy sports leagues, the league “commissioner” often collects participation dues by cash or check. Where these funds are kept are anybody’s guess, resulting in slow or incomplete payouts, frustrated players, and fractured friendships. We believe the fantasy sports community needs a better solution - one that’s transparent, efficient, and fun.


This is where Leagueswype comes in. Leagueswype is the best and most convenient way for these 59 million+ fantasy players to collect and distribute league fees paid. Frustrated league commissioners can more easily collect league fees and pay out winnings with full transparency. Users can talk smack and engage with other league members using the message board and integrated messenger app. They can score discounts and special offerings made to Leagueswype users. In our opinion, never before has so much convenience, functionality, and fun been offered on one platform to the growing market of fantasy sports players. 


Leagueswype is a mobile wallet for the league, offering a platform for an interactive community of enthusiasts and an easy, quick, and secure method for collecting, storing, and transferring league pay. It makes collecting dues easy and timely, payouts are instantaneous, and ponying up for that mid-year draft party becomes a breeze. 


Leagueswype is the ultimate way to commission season-long fantasy play. It is a debit card with a personality and a mobile wallet perfect for the fantasy sports community.

The Offering

Investment
$10 per Non-Voting Membership Interest│When you invest you are betting the company’s future value will exceed $5.1M.



Development Stage

Leagueswype is currently in beta with a working web application available. We are seeking additional capital to complete mobile application development and to enhance UX/UI design.

StartEngine Owner’s Bonus

34 days, 5 hours, 8 minutes left

This offering is eligible for the StartEngine Owner’s 10% Bonus. For details on the bonus, please see the Offering Summary section below

Invest

Elevating the Fantasy Sports Experience

A one-stop destination for all things fantasy sports.

Users can collect, store, and transfer money in an efficient and secure manner via instantaneous transfers to and from linked credit or debit card accounts. However, aside from offering a quick, easy, and secure solution for transferring funds, the application also provides a suite of features that streamlines the user’s fantasy sports experience. Instead of keeping track of multiple sites, players can manage all of their leagues on one easy-to-use platform by integrating Leagueswype with their favorite fantasy sites. It’s a convenient way to manage all rosters and wallets. The platform also provides users a way to engage with their peers via direct messaging and message board features. Who doesn’t need an easy way to talk a little smack? Furthermore, fantasy players can access up to date and relevant sports related news, with the source and subject of content tailored to their preferences for a customized experience. Finally, users can save money and score discounts by taking advantage of offerings made exclusively to them. All of this in a secure environment across web and mobile devices.

Aside from offering a monetary solution for fantasy sports, Leagueswype’s array of functionalities enhance the fantasy sports player’s experience all season long.

The Competitive Landscape and How We Stack Up

Fantasy players participate in multiple leagues across different providers without a streamlined payment option. We believe our competition also lacks the full range of amenities offered by Leagueswype.

Escrow Services

(Leaguesafe, TeamStake)

  • Does not support flexible payments
  • No peer-to-peer transfers


P2P Providers

(PayPal, Zelle, Venmo)

  • More expensive
  • Does not allow you to store money for the fantasy season


Cash Leagues

(ESPN Fantasy, Yahoo Sports, FanDuel)

  • No peer-to-peer transfers
  • Too many wallets to manage

Current competitors either focus only on the collecting and storing of funds in a custodial capacity or are simply payment facilitators that don't attempt to engage users. We have identified only one website that offers fantasy sports players the option to pay league dues online and receive payouts at the end of the season. We have found no working applications that offer this service directly targeted at fantasy league players.


We believe that never before has so much convenience and functionality been offered on one platform to our growing target market of fantasy sports league players. Escrow services applications are designed to collect contributions from multiple people for a specific purpose, but do not allow transfers between contributors. Payment service providers are more expensive options to send and receive funds, and do not provide a league repository where all owners can easily view activity in the account at any time. Neither option provides more convenient fantasy play or offers special promotions to users. 

The Target Market

We expect our strongest market segment to be season-long league users who participate in leagues requiring payment. They make up 84% of the market, and 75% of them pay for entry to play. Of these season long players, 72% also participate in side bets and 65% spend money on magazines, advice, or draft kits. There are over 59 million users participating in an estimated $7.22 billion industry.


Additional market segments include daily fantasy sports players who find value and convenience in the ability to store value collected from multiple mobile sites on one platform. The stored value can be used on any site without restriction, or deposited into their bank account immediately. Other targets include one-off users who require an account to participate in office pools, users who contribute money to support a group event, and those who value receiving discounts on merchandise purchased through the application. These other targets could potentially increase our target market by an additional 10 million people.


Source: https://fsta.org/research/industry-demographics/

How We Are Making It All Happen

We plan to create a community that engages our users in more than just monetary methods by offering functionalities that appeal to all fantasy sports players’ styles -  whether calculating, competitive, seasoned, or even casual. We will partner with content providers to access up to date and relevant sports related news. The source and subject of content will be manageable by the owner allowing for a customized experience. We would look to partner with the top fantasy league providers to seamlessly integrate into their systems, providing our owners access to their rosters making it convenient to manage multiple leagues on one platform. We would also target athletic related companies as partners to provide discounts on merchandise or services purchased through Leagueswype. We are looking to integrate into all established branches of the fantasy sports industry. 

State of the Fantasy Sports Industry

Regulations to allow fantasy sports in all states are in the works and the new sports betting laws have created the perfect opportunity for a platform like Leagueswype. Every person who engages in sports betting or fantasy sports play is a target Leagueswype customer. 


According to the FSTA, more than 59 million people play fantasy sports in North America, the equivalent of 20% and 19% of the US and Canadian general populations respectively. The average player spends $556 a year on fantasy. Together, users spent $11 billion on the activity in 2014 and that number continues to increase yearly. We believe popularity is at an all time high and season-long leagues, which have been around for decades, continue to thrive especially now that major pro leagues are endorsing fantasy.


Source: https://fsta.org/research/industry-demographics/

Industry stats suggests potential for Leagueswype:

• There are 59+ million fantasy players in North America alone

• On average, players spend roughly $550 per year on fantasy related activities

• Fantasy contributes an estimated $7.22B to the U.S. Economy

• The industry has grown by 23M players, or 64%, since 2011


*All stats are as reported by the Fantasy Sports Trade Association in their June 2017 industry research report

A Look at Other Markets Suggests a Promising Future for Leagueswype

We believe the popularity and growth of WhatsApp and WeChat demonstrate the market’s continuing support of social networking platforms. The sustained success of established veterans Gyft and Venmo as well as new entrants into the mobile wallet space, Apple Pay and Android Pay, demonstrates that the market is ready for the convenience digital wallets provide. Leagueswype provides both a social networking platform and a mobile wallet while specifically targeting a near $8B industry with over 60M potential customers in North America alone. 

*All stats are as reported by the Fantasy Sports Trade Association in their June 2017 industry research report (see above).

A Unique Opportunity in a Changing Environment

Leagueswype hopes to be the go-to payment method as fantasy sports become more regulated.


As stated above, fantasy sports play is experiencing a large growth both in the US and internationally. Regulation to allow fantasy sports in all states is in the works and the new sports betting laws have created the perfect opportunity for a platform like Leagueswype. Every person who engages in sports betting or fantasy sports play is a target Leagueswype customer. It really could be the PayPal of the industry.


We believe Leagueswpe can be the first and only virtual wallet created that targets this industry. Changes in laws and the ripeness of the market create the perfect combination for huge financial gain.

Invest in a New Way to Play

Our competitors are limited in what they can offer users and how they can charge for the service. We can charge for housing and storing all league dues and for each transfer. We can get paid for every purchase made through the platform and we believe advertisers will spend good money to engage with our users who already have money in a virtual wallet ready to spend. Both the developers and participants in fantasy sports are ready for Leagueswype. Invest today.

Offering Summary

Maximum 107,000* Non-Voting Membership Interests ($1,070,000)

*Maximum subject to adjustment for bonus interests. See 10% Bonus below

Minimum 1,000 Non-Voting Membership Interests ($10,000)


Company
Leagueswype LLC
 

Corporate Address
417 Des Plaines, Forest Park, IL 60130
 

Description of Business
Leagueswype is an interactive community of fantasy sports enthusiasts that will provide for the storing and transferring of funds easily, quickly, & securely, making it the ideal custodial solution for all fantasy sports related transactions. The application also provides a full suite of features that enable its users to consolidate their participation in leagues across various fantasy sports providers. On one platform, users will be able to view and manage league logistics, create and commission leagues, organize and manage payments, store value, engage with league participants through a messaging function, access relevant league and media information and take advantage of exclusive product discounts. All of this in a secure environment across web and mobile devices. Leagueswype is currently in beta with a working web application available. We are seeking additional capital to complete mobile application development and to enhance UX/UI design.
 

Type of Security Offered
Non-Voting Membership Interests
 
Purchase Price of Security Offered
$10.00
 

Minimum Investment Amount (per investor) 
$100.00
















*Maximum subject to adjustment for bonus shares. See Bonus info below


The 10% Bonus for StartEngine Shareholders

Leagueswype LLC will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in StartEngine's own offerings.

StartEngine shareholders who invested $1,000 or more in any StartEngine offering will receive a 10% bonus on this offering.  This means you will receive a bonus for any interests you purchase.  For example, if you buy 100 Non-Voting Membership Interests at $1.00 / interest, you will receive 110 Non-Voting Membership Interests, meaning you'll own 110 interests for $100.   Fractional interests will not be distributed and interest bonuses will be determined by rounding down to the nearest whole interest.

This 10% bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$5,728.00 USD
-$23,246.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

What are you pouring your heart into.....

16 days ago

Arguably the best free safety in NFL history will be inducted into the pro football Hall of Fame this weekend.  His name is Ed Reed.  Ed Reed's remarkable work ethic and precise attention to detail made him a perennial pro bowler and leader in the locker room.  His passion for the game was undeniable, anyone who played with him or against him would attest.  Below is one of my favorite Ed Reed moments back when he was motivating his teammates at Miami to reach their full potential.

Please know that we at Leagueswype share that same passion for the platform we are building.  We are pouring our hearts into making a product that our users will love and that our investors will be proud of.  Thank you all who have invested so far and the many of you that continue to express interest.  For those who are still contemplating and are on the fence, we do hope you do decide to join us on this journey.  Our goal is to dominate, we are not alright with mediocre.  We are looking for teammates that have the same desire.  


Let's go, man!

Darius G.

Player Coach@Leagueswype

More concepts...

27 days ago

Hey everyone,

We hope your summer is going well.  NFL season is just around the corner.  Players are reporting to training camp and the Leagueswype team is hard at work game-planning how to make your Leagueswype experience as fun and convenient as possible.  

If your leagues are anything like mine, each year we plan on making changes to the payout structure and scoring system.  Before you know it, it's draft day and it's too late to vote on changes.  So the answer is always the same, "Next Year".  Well, next year is here. Leagueswype is making it as easy as possible to change payout structures and collect votes from even the hardest to reach owner in your league.  Take a look at what we are working on and give us your thoughts.  What other standard templates should we include? 

Your feedback is as important as your investment.  Let us hear from you.  


Don't Forget, Invite your Friends and Complete your Investment!

Leagueswype was built for interaction among players, and now OWNERS. So tell your family and friends about us! Please SHARE the link to our campaign page with anyone who might be interested in becoming a Leagueswype owner.  If you haven't completed your investment be sure to do that SOON!  As a new startup in the growing fantasy sports space, we truly appreciate your support. 

Thanks!

Leagueswype Team


Testing out concepts

about 1 month ago

Hey - 

I know it has been a while since we last updated our followers but we have been hard at work.  We are testing out a few new concepts that are really cool.  We have had some serious fantasy players and hard nose commissioners give us the thumbs up.  Let me know what you think!  


Who is the "Slowpoke" in your league, you might want to start collecting for the NFL season now!  More cool concepts to come.

Don't forget to share the campaign page with your networks and if you haven't completed your investment be sure to do that soon!  

Thanks!

Leagueswype Team

Our Advisor Relationships are growing!

about 1 month ago

Hello Everyone,

I hope you all enjoyed a great holiday weekend.  The Leagueswype team continues to build meaningful relationships throughout the fantasy sports landscape.  We are excited to announce that we are working on two very special advisor relationships that we hope to finalize soon.  One is with an industry veteran who built and sold one of the first mass-market fantasy platforms in the world and was an early leader and advocate for fantasy sports serving as President of the Fantasy Sports Trade Association.  The other is a technology heavyweight who has helped build some of the largest and most recognizable fantasy sports data games in America over the last 20 years while holding the positions of VP of Technology and CTO for some of the most respected names in sports.  Having both join us will greatly enhance our reach and brand awareness within the industry, making partnerships more accessible and ensuring our technology is built to scale.  We are proud and excited that both see the Leagueswype vision and have agreed to help us execute.

We know that adding talent is paramount to the success of Leagueswype.  The relationships we have established over the last 3 years will serve us well as we bring on tech talent and marketing experts.  We are excited to build out our team, this fundraise will allow us the opportunity to formalize some of these relationships and really get to work building the most trusted brand in fantasy sports.  We hope you decide to join us on this journey.  It will be fun!

All the best,

Leagueswype Team

Our Dream is to End the Fantasy Nightmare

about 2 months ago



Hi Everyone - 

I hope you all are ready for a great weekend.  We are just about 2 weeks into our campaign and have attracted some good attention and significantly increased awareness about what we are building at Leagueswype.  We look to build on that momentum headed into next week.  If you have not yet finished your investment, make sure to do so!  Also, please share this with your friends.  Don't let anyone you know miss out on the opportunity to own a piece of the future of fantasy sports.  

Please remember, we are here to answer any questions you have.  Drop us a comment if you have any questions, concerns or feedback.  Your input is incredibly valuable to us.  We want to build a long-term relationship with our investors and have you serve as our brand ambassadors.  Tell us what you like about our campaign or what we can do better.  In the meantime, we will continue to fight for our dream to kill the fantasy nightmare!

Have a wonderful weekend!

Darius G.




WE ARE LIVE

2 months ago

GAME ON! The Leagueswype team is excited to announce the official launch of our offering on StartEngine, and we are grateful for and encouraged by the early interest and support. We think Leagueswype is the coolest thing in fantasy sports and allows anyone to become a super commish for their league. Collect, store and transfer money, manage multiple leagues on multiple platforms, engage with other owners, and access league news - all in one place!

We now invite you to OWN a piece of the future of fantasy sports.  Our team has put a lot of time and attention to detail into making our page as resourceful as possible.  This page will be updated periodically with campaign milestones, news, and other things of note. Check back often and if you have any questions that we have not addressed, please feel free to leave them in the comments section at the bottom of the page.

Invite your friends!

Leagueswype was built for interaction among players, and now OWNERS. So tell your family and friends about us! Please SHARE the link to our campaign page with anyone who might be interested in becoming a Leagueswype owner. As a new startup in the growing fantasy sports space, we truly appreciate your support. 


Darius Grandberry

Player/Coach/Owner

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