GHST World Inc. is a Nevada corporation that focuses on the marketing and sale of technologically enhanced sports equipment and the development of related intellectual property. The company's primary product is the Smart Shin Guard, a protective device that integrates sensors to capture performance data. GHST World Inc. also holds subsidiaries involved in art, internet of things technology and early stage ventures, although these units have not yet generated revenue.
At…
GHST World Inc. is a Nevada corporation that focuses on the marketing and sale of technologically enhanced sports equipment and the development of related intellectual property. The company's primary product is the Smart Shin Guard, a protective device that integrates sensors to capture performance data. GHST World Inc. also holds subsidiaries involved in art, internet of things technology and early stage ventures, although these units have not yet generated revenue.
At present GHST World Inc. has not generated significant revenue from its products and relies on equity issuances and related party loans to fund operations. The company intends to derive revenue from the sale of its Smart Shin Guard, which will be offered in consumer and professional versions to athletes, teams and leagues. Revenue may also come from licensing of its patented technology and from data services associated with the smart phone application.
GHST World Inc. operates in a competitive market for wearable sports performance tracking devices. Key competitors include Soccerment, TibTop and Catapult Sports, which offer similar wearable shin guards and tracking systems. Additionally, larger players such as Zebra Technology provide motion tracking solutions in American football that could extend to soccer. The company believes its patented Smart Shin Guard, which collects a broad range of metrics, gives it an edge over some rivals.
The company serves individual players, amateur and professional teams as well as sports leagues.
Sectors:Consumer Discretionary · TechnologySector rationaleThe company's primary revenue model is the sale of 'Smart Shin Guards' (sporting goods) to individual athletes, teams, and leagues, which falls under Sporting Goods in Consumer Discretionary. A secondary sector of Technology is justified because the company intends to generate revenue from 'data services associated with the smart phone application' and the licensing of its patented IoT technology.Industries:Sporting GoodsConsumer DiscretionaryPrimaryThe company's primary product is the Smart Shin Guard, which is a piece of athletic and fitness equipment. It sells these protective devices to individual players, amateur and professional teams, and sports leagues.Smartphones and WearablesTechnologySecondaryThe Smart Shin Guard is a wearable device that integrates sensors to capture performance data, fitting the description of a body-worn computing device for personal use.Classified using BQ-MICSCIK: 0001121795