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Fitofan

Canada, Toronto
Market: Tourism, sport
Stage of the project: Operating business

Date of last change: 21.11.2024
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Idea

Fitofan is revolutionizing the $600B sports industry. Already 6,000+ organizations in 63 countries, the proof of concept is done and we are looking for funding to dominate the global sports industry.

Current Status

After launching in 2024, we currently have users in over 63 counties in over 50 sports, with over 1billion users and over 12million website views. With google statistics showing event count of over 21million. With active clients in South and North America, Europe, Africa and Middle-East.

Problem or Opportunity

FITOFAN solves the problem of fragmented, complex, and outdated management solutions that sport organizations currently use to conduct sport events, manage clubs, communicate, and compile reports.

Solution (product or service)

FITOFAN developed a digital ecosystem for sports: managing sports activities, facilitating communication, accessing and running events, selling merchandise, and analyzing data. It incorporates everything for sports organization in 1 place.

Business model

Fitofan’s business model is built on creating a sports community, with monetization through ads, paid services, club management, and commission-based income. The platform offers free access to users to drive engagement and expand its user base, then provides additional paid features. Advertising from sports brands and event promotion generate revenue, as does the FITOFAN Mart marketplace, with commission on product sales. Subscriptions for users, parents, clubs, and club management tools offer enhanced features; fees for event management and streaming (FITOFAN Stream) provide additional income
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