Innovative Investment Model
Morning Line Club has successfully completed its seed funding, heralding a significant shift in horse ownership and investment. This achievement signals a transformative approach within the equine investment sector, aligning with the company’s mission to democratise horse ownership and breeding.
Following the successful completion of its seed funding round, Morning Line Club has opened up Entry Fees for global investors, starting at $1,000. An Entry Fee provides investors with at least two racing shares and two breeding shares for each horse in the portfolio. The strong user base established thus far highlights the growing demand for accessible and transparent investment opportunities in the horse racing industry.
Groundbreaking Marketplace for Racehorse Ownership
In the upcoming months, Morning Line Club will unveil the world’s first Security Compliant Marketplace dedicated to racehorse ownership and breeding. This initiative aims to introduce a new alternative asset class in premium thoroughbreds, empowering investors to buy, sell, and trade fractional ownership and breeding shares. Utilizing cutting-edge technology, investors will manage their portfolios with real-time data and performance insights.
Investors will have the potential to earn up to 80% of purse winnings and 50% of breeding fees for each horse in their portfolio, providing instant liquidity from their winnings. This innovative model is set to democratise access to the prestigious realm of horse racing, opening doors for a new generation of investors to participate in horse ownership.
CEO Vision for the Future
Completing our seed round is a thrilling milestone that will propel our growth and transform the horse investing landscape, stated Joel Funk, CEO of Morning Line Club. Our goal is to dismantle barriers to entry, delivering more flexibility, transparency, and opportunities within this thrilling asset class, while also forging strategic partnerships within the horse racing sector.
The seed round was spearheaded by prominent investors, including the blockchain platform Avalanche. This influx of capital will be utilised to enhance the platform’s user experience, broaden its offerings, and advance Morning Line Club’s vision of making horse ownership an attainable investment avenue for all accredited investors.
Avalanche’s Commitment to Innovation
A representative from Avalanche stated, ‘We are excited to have Morning Line Club join the Avalanche ecosystem. The platform provides an innovative pathway for participants to access an asset class that has traditionally demanded significant capital, social, and labour investments. Tokenised alternative assets, such as those offered by Morning Line Club, represent a premier use case for blockchains, enabling the automatic distribution of profits with enhanced transparency.”
Celebrity Endorsement Enhances Brand Visibility
Morning Line Club is also pleased to announce that acclaimed actor Kevin Dillon, famed for his role as Johnny “Drama” Chase in the popular series Entourage, has joined as the brand ambassador. Dillon’s deep-rooted passion for horse racing, coupled with his extensive industry knowledge, will greatly contribute to Morning Line Club’s mission. His frequent appearances at renowned racetracks and dedication to equine welfare underline his commitment to the sport.
Reflecting on Dillon’s involvement, Funk stated, “We are delighted to welcome Kevin Dillon to the Morning Line Club family. His passion for horse racing and dedication to our mission make him an invaluable partner. With our investors’ support and Kevin’s enthusiasm, we are accelerating our vision of democratising horse ownership and redefining the racing experience.”
“Dillon shared his enthusiasm, saying, ‘I am privileged to collaborate with Morning Line Club. As a lifelong fan of the sport, I am thrilled to support this innovative platform and help introduce more people to the excitement of horse racing.”