We believe that now is the time to form a holding company to support the ever growing fan base for fantasy sports. There are millions of people who play fantasy sports and almost all of them use the old fashioned methods of paying their entry dues to their commissioner via a check in the mail, meeting up to pay in person, etc.
We started FanHold as a way to support making the life of fantasy players simple and easy for securing their funds. Our product is designed to allow the commissioner to create a separate league on fanhold.com where they can have all the league members pay their entry fees online at minimal cost. Once paid at the end of the season the commissioner will enter in who won and the site will distribute those winnings to the league winners.
We believe this will become a booming business within this industry as few companies are taking advantage of the huge market that is available playing fantasy sports!