Opinion certainty 3/5 debate potential 3/5

Reely.ai avoids NFTs because parts of the space seem 'scammy'

Daniel Evans · COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips · Dec 10, 2021 · at 14:16

Reely.ai CEO Daniel Evans discusses whether the automated sports clipping platform will monetize through live NFT minting.

0:00 / 0:07exact quote · 7.8s
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“We've kind of taken a hands-off stance right now because I'm not really sure where this is going to land long-term. Some of it's kind of scammy, right?”

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More from Daniel Evans

Assertion Not publicly verifiable
Evans estimates competitor WSC Sports is valued around $200 million
“Their valuation, I think is somewhere in the two hundred million dollar range.”
Daniel Evans Dec 10, 2021 ▶ 4:55 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
Assertion Not checkable as stated
Reely.ai charges universities $40 to $50 per game for coverage
“Well, no, like George Mason will buy about 300 games, right? Cause we'll cover baseball, football, basketball. We cover all of the major sports. So they'll, they'll do that and they'll pay somewhere between, you know, 40, 50 bucks a game.”
Daniel Evans Dec 10, 2021 ▶ 1:57 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
Assertion Not checkable as stated
Reely.ai's largest customers process up to 2,200 games on the platform
“No, we have some that'll run 2200 games and those are like private websites and people that are trying to post up you know, more social engagement websites whether it's a sports site or if it's a news site that wants sports content.”
Daniel Evans Dec 10, 2021 ▶ 2:26 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
Assertion Not checkable as stated
Evans: Reely.ai generates branded sports clips in three seconds
“Our system will pump it out in about three seconds and then it'll, it'll add any branding.”
Daniel Evans Dec 10, 2021 ▶ 3:59 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
Disclosure
Reely.ai is raising a new round at a $12M to $13M valuation
“We've raised 1.8 to date and we're in the middle of raising a round right now that'll, that'll value the company around 12 to thirteen million.”
Daniel Evans Dec 10, 2021 ▶ 5:23 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
Assertion Not checkable as stated
Evans: Reely.ai has lost only two customers in two years
“I think we've lost two customers in the last two years that I've been with, so we don't see it because once it becomes part of their program, it's really hard to remove.”
Daniel Evans Dec 10, 2021 ▶ 7:27 COVID took them to $0, Now $1.3m in Revenue For Instant Sports Clips
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