logo
#

Latest news with #ChaitanFahnestock

As NIL Deals Shake Up College Football, Sportsmo Brings Gamified Game-Day Micro-Giving to Fans
As NIL Deals Shake Up College Football, Sportsmo Brings Gamified Game-Day Micro-Giving to Fans

Business Upturn

time6 days ago

  • Business
  • Business Upturn

As NIL Deals Shake Up College Football, Sportsmo Brings Gamified Game-Day Micro-Giving to Fans

By GlobeNewswire Published on August 15, 2025, 22:49 IST Dallas, Aug. 15, 2025 (GLOBE NEWSWIRE) — As the college football world reacts to Tennessee's groundbreaking apparel deal with Adidas (complete with embedded NIL opportunities) and spending on athlete compensation continues to reshape the game, Sportsmo has emerged as a timely new tool for athletic departments and fans alike. Launched in time for the new season beginning in two weeks, Sportsmo is the first app to turn live college football action into real-time, fan-funded support for their favorite teams. The app's debut comes on the heels of a landmark federal NIL ruling and amidst seeminly now daily news of how schools are racing to adapt to new challenges they face to remain competitive on and off the field. 'Sportsmo launched at the exact moment NIL strategy is evolving to large-scale, school-driven programs,' said Chaitan Fahnestock, founder and CEO of Sportsmo. 'Now fans can be part of the financial playbook — one micro-donation at a time — rewarding big plays in real-time.' Unlike traditional fundraising platforms, Sportsmo is built for speed, stats, and Saturdays. The app converts game-day hype into direct support for college athletic departments backed by secure payments and tax-deductible donations. Using live in-app data powered by Stats Perform, Sportsmo lets fans: Set pledges for key moments (e.g., every touchdown = $5) Donate in real time during games as moments unfold Create and join fan groups and track your collective impact Boost friends' donations – and egg-on rivals React to plays with GIFs and emojis during the game View impact with live and post-game leaderboards and donation totals Fans preload a secure wallet (minimum $10) and can give as little as $1 per play. Schools promoting the app can receive up to 87% of every donation, funneling fan passion directly into their athletic programs. Why the Timing Matters From schools reporting NIL earnings to coaches navigating revenue-sharing models ahead of the 2025 season, NIL economics are moving faster than ever. Tennessee's Adidas partnership signals a broader shift in how schools and brands structure NIL at scale. Sportsmo gives universities a way to capture that momentum and gives fans a direct, interactive path to make an impact during the game—not just after the fact. Sportsmo is available now for iOS and Android. Media Kit & Demo Requests: Attachments One-sheeter explainer graphic Live Game in stadium view of app Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store