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Brag House CEO Lavell Juan Malloy Highlights Fintech-Inspired Strategy for Gen Z Engagement on Fintech TV
Globenewswire· 2025-10-08 12:30
Core Insights - Brag House Holdings, Inc. is focused on engaging Gen Z through a unique media-tech model that combines gaming, college sports, and digital media [1][2] Financial Position - The company has transformed its balance sheet and is now well-capitalized, having secured $15 million in growth capital to fund strategic plans and expand its event series [2] Product and Features - The platform utilizes "Brag Bucks," a non-monetary in-app currency earned through user engagement, which is used for predictions on in-game events [4] - Loyalty tokens, including Brag House Tokens (BHT), can be redeemed for physical and virtual prizes, creating a rewards model without cash payouts [4] Market Focus - The company targets the Gen Z demographic, which consists of 70 million U.S. consumers with over $360 billion in disposable income, emphasizing their gaming habits [4] Strategic Partnerships - A partnership with Learfield, which holds media rights for nearly 200 U.S. universities, is a key growth strategy, providing a scalable user acquisition funnel and revenue opportunities through media advertising [4] Data Strategy - Brag House is positioned as a "data powerhouse," aiming to monetize user interactions as first-party behavioral data through a subscription-based SaaS platform, offering brands actionable insights while protecting user privacy [4]
Brag House Explores NIL Initiative to Expand Revenue Opportunities for Student-Athletes
Globenewswire· 2025-06-10 12:30
Core Viewpoint - Brag House Holdings, Inc. is launching a Name, Image, and Likeness (NIL) initiative aimed at helping student-athletes monetize their personal brands through digital collectibles and blockchain technology [1][2][3] Group 1: NIL Initiative Overview - The initiative seeks to empower student-athletes to connect directly with fans and generate revenue through authenticated digital collectibles and unique fan experiences [3][4] - Brag House aims to simplify the creation of digital collectibles using a no-code interface while ensuring compliance with NCAA and other regulations [4][5] - The platform will utilize secure digital ledger technology to facilitate transparent and efficient payments directly to student-athletes' wallets [6] Group 2: Market Context and Growth Potential - The NIL market was valued at approximately $917 million in 2022 and is projected to exceed $1.5 billion by 2027, indicating significant growth potential [7] - The global NFT trading volume surpassed $24 billion in 2023, with sports collectibles being a rapidly growing segment [7] - With over 20 million college students and half a million NCAA athletes in the U.S., the opportunity for Brag House to connect student-athletes with fans through blockchain-backed assets is substantial [8] Group 3: Future Plans and Collaborations - The NIL initiative is set to pilot with select campuses in late 2025, with further updates and collaborations with student-athletes expected as the infrastructure develops [10] - Brag House plans to enhance its NIL opportunities through various campus activations, including the Brag Gators Gauntlet Series and branded loyalty token integrations [11]