PRELIMINARY OFFERING CIRCULAR

DATED October 21, 2021

AN OFFERING STATEMENT PURSUANT TO REGULATION
A RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. INFORMATION CONTAINED IN THIS PRELIMINARY
OFFERING CIRCULAR IS SUBJECT TO COMPLETION OR AMENDMENT. THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY BE ACCEPTED
BEFORE THE OFFERING STATEMENT FILED WITH THE COMMISSION IS QUALIFIED. THIS PRELIMINARY OFFERING CIRCULAR SHALL NOT CONSTITUTE
AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR MAY THERE BE ANY SALES OF THESE SECURITIES IN ANY STATE IN WHICH
SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL BEFORE REGISTRATION OR QUALIFICATION UNDER THE LAWS OF ANY SUCH STATE. WE MAY ELECT
TO SATISFY OUR OBLIGATION TO DELIVER A FINAL OFFERING CIRCULAR BY SENDING YOU A NOTICE WITHIN TWO BUSINESS DAYS AFTER THE COMPLETION
OF OUR SALE TO YOU THAT CONTAINS THE URL WHERE THE OFFERING CIRCULAR THAT WAS FILED MAY BE OBTAINED.

244 5th Avenue

New York, NY 10001

917-719-1360

www.metaversesportsleague.com

Best Efforts Offering of Series Membership
Interests

Metaverse Sports League, Inc., a Delaware
C Corporation (“we,” “us,” “our,” “CSA” or the “Company”)
is offering, on a best efforts basis, a minimum (the “Total Minimum”) to a maximum (the “Total Maximum”)
of membership interests of each of the series of the Company described below in the “Series Membership Interests Overview”
and in the “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING ASSETS” section of this Offering Circular. The sale of membership
interests is being facilitated by 360 Sports, Inc. (the “360 SPORTS” or “360 SPORTS, INC.”),
a broker-dealer registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and member
of FINRA, which is registered in each state where the offer or sales of the Interests will occur. It is anticipated that Interests
will be offered and sold only in states where the 360 SPORTS is registered as a broker-dealer. For the avoidance of doubt, the 360 SPORTS does
not and will not solicit purchases of Interests or make any recommendations regarding the Interests to prospective investors.

All of the series of the Company offered
hereunder may collectively be referred to herein as the “Series” and each, individually, as a “Series”.
The interests of all Series described above may collectively be referred to herein as the “Interests” and each,
individually, as an “Interest” and the offerings of the Interests may collectively be referred to herein as the “Offerings”
and each, individually, as an “Offering.” See “Description of the Interests Offered” for additional
information regarding the Interests.

Each Offering is being conducted under
Tier II of Regulation A (17 CFR 230.251 et. seq.) and the information contained herein is being presented in Offering Circular
format. The Company is not offering, and does not anticipate selling, Interests in any of the Offerings in any state where
the 360 SPORTS is not registered as a broker-dealer. The subscription funds advanced by prospective Investors as part of the subscription
process will be held in a non-interest-bearing escrow account with 360 SPORTS, INC., which also is acting as the escrow agent (“Escrow
Agent”), and will not be commingled with the operating account of the Series, until, if and when there is a Closing with
respect to that Series. See “Plan of Distribution and Subscription Procedure” and “Description of Interests
Offered” for additional information.

(1) 360 SPORTS, INC. will be acting as a broker of record and entitled
to a Brokerage Fee as reflected herein and described in greater detail under “Plan of Distribution and Subscription Procedure
– Broker” and “– Fees and Expenses” for additional information.

(2) We expect to engage a firm to act either as a transfer
agent or as custodian of interests and hold accounts for interest holders in connection with the Company’s offerings (either,
a “Custodian”). It is anticipated that the Custodian will be entitled to a Custody Fee as reflected herein and described
in greater detail under “Plan of Distribution and Subscription Procedure – Custodian” and “– Fees
and Expenses” for additional information.

(3) No underwriter has been engaged in connection with
the Offering (as defined below) and neither the 360 SPORTS, nor any other entity, receives a finder’ fee or any underwriting or
placement agent discounts or commissions in relation to any Offering of Interests (as defined below).

(4) See “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING
ASSETS”.

The Company is managed by CS Asset Manager,
LLC, a Delaware limited liability company (the “Manager”).

It is anticipated that the Company’s
core business will be the identification, acquisition, marketing and management of memorabilia and collectible items, collectively
referred to as “Memorabilia Assets” or the “Asset Class,” for the benefit of the investors. The Series assets
referenced in the “Use of Proceeds and Description of Underlying Assets” section may be referred to herein, collectively,
as the “Underlying Assets” or each, individually, as an “Underlying Asset.” Any individuals, dealers or
auction company which owns an Underlying Asset prior to a purchase of an Underlying Asset by the Company in advance of a potential
offering or the closing of an offering from which proceeds are used to acquire the Underlying Asset may be referred to herein
as an “Asset Seller.” See “Description of the Business” for additional information regarding Asset
Classes.

The Manager also will serve as the asset
manager (the “Asset Manager”) for each Series of the Company and provides services to the Underlying Assets in
accordance with each Series’ asset management agreement.

Interests represent an investment in a
particular Series and thus indirectly the Underlying Asset and do not represent an investment in the Company or the Manager
generally. We do not anticipate that any Series will own any assets other than the Underlying Asset associated with that
Series. However, we expect that the operations of the Company, including the issuance of additional Series of Interests and
their acquisition of additional assets, will benefit Investors by enabling each Series to benefit from economies of scale.

A purchaser of the Interests may be
referred to herein as an “Investor” or “Interest Holder.” There will be a separate closing
with respect to each Offering (each, a “Closing”). The Closing of an Offering will occur on the earliest to
occur of (i) the date subscriptions for the Total Maximum Interests for a Series have been accepted or (ii) a date
determined by the Manager in its sole discretion, provided that subscriptions for the Total Minimum Interests of such Series have
been accepted. If a Closing has not occurred, an Offering will be terminated upon the earlier of: (i) the date which is one
year (which period may be extended with respect to a particular Series by an additional six months by the Manager in its
sole discretion) from the date the Offering Circular or Amendment, as applicable, that is applicable to that Series is qualified
by the U.S. Securities and Exchange Commission (the “Commission”); or (ii) any date on which the Manager
elects to terminate the Offering for a particular Series in its sole discretion.

No securities are being offered by existing
security-holders.

A purchase of Interests in a Series does
not constitute an investment in either the Company or an Underlying Asset directly, or in any other Series of Interest. This
results in Investors having limited voting rights, which are solely related to a particular Series, and are further limited by
the Amended and Restated Limited Liability Company Agreement of the Company (as amended from time to time, the “Operating
Agreement”), described further in this Offering Circular. Investors will have voting rights only with respect to certain
matters, primarily relating to amendments to the Operating Agreement that would adversely change the rights of the Interest Holders
and removal of the Manager for “cause”. The Manager and the Asset Manager thus retain significant control over the
management of the Company, each Series and the Underlying Assets. Furthermore, because the Interests in a Series do
not constitute an investment in the Company as a whole, holders of the Interests in a Series are not expected to receive
any economic benefit from, or be subject to the liabilities of, the assets of any other Series. In addition, the economic interest
of a holder in a Series will not be identical to owning a direct undivided interest in an Underlying Asset because, among
other things, a Series will be required to pay corporate taxes before distributions are made to the holders, and the Asset
Manager will receive a fee in respect of its management of the Underlying Asset.

There is currently no public trading market
for any Interests, and an active market may not develop or be sustained. If an active public or private trading market for our
securities does not develop or is not sustained, it may be difficult or impossible for you to resell your Interests at any price.
Even if a public or private market does develop, the market price could decline below the amount you paid for your Interests.

The Interests offered hereby involve
a high degree of risk and are highly speculative in nature, involve a high degree of risk and should be purchased only by persons
who can afford to lose their entire investment. There can be no assurance that the Company’s investment objectives will
be achieved or that a secondary market would ever develop for the Interests, whether via third party registered broker-dealers
or otherwise. Prospective Investors should obtain their own legal and tax advice prior to making an investment in the Interests
and should be aware that an investment in the Interests may be exposed to other risks of an exceptional nature from time to time.
See the “Risk Factors” section of the Offering Circular.

GENERALLY, NO SALE MAY BE MADE
TO YOU IN ANY OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH.
DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES
NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(d)(2)(i)(C) OF REGULATION A. FOR GENERAL INFORMATION
ON INVESTING, WE ENCOURAGE YOU TO REFER TO HTTP://WWW.INVESTOR.GOV.

NOTICE TO RESIDENTS OF THE STATES OF TEXAS AND WASHINGTON:

WE ARE LIMITING THE OFFER AND SALE OF SECURITIES IN THE
STATES OF TEXAS AND WASHINGTON TO A MAXIMUM OF $5 MILLION IN ANY 12-MONTH PERIOD. WE RESERVE THE RIGHT TO REMOVE OR MODIFY SUCH
LIMIT AND, IN THE EVENT WE DECIDE TO OFFER AND SELL ADDITIONAL SECURITIES IN THESE STATES, WE WILL FILE A POST QUALIFICATION
SUPPLEMENT TO THE OFFERING STATEMENT OF WHICH THIS OFFERING CIRCULAR IS A PART IDENTIFYING SUCH CHANGE.

The United States
Securities and Exchange Commission does not pass upon the merits of or give its approval to any securities offered or the terms
of the offering, nor does it pass upon the accuracy or completeness of any offering circular or other solicitation materials.
These securities are offered pursuant to an exemption from registration with the Commission; however, the Commission has not made
an independent determination that the securities offered are exempt from registration.

TABLE OF CONTENTS

COLLECTABLE SPORTS
ASSETS, LLC

EXHIBITS TO OFFERING CIRCULAR

CAUTIONARY NOTE
REGARDING FORWARD-LOOKING STATEMENTS

The information contained in this Offering
Circular includes some statements that are not historical and that are considered “forward-looking statements.” Such
forward-looking statements include, but are not limited to, statements regarding our development plans for our business; our strategies
and business outlook; anticipated development of the Company, the Manager and each Series of the Company; and various other
matters (including contingent liabilities and obligations and changes in accounting policies, standards and interpretations).
These forward-looking statements express the Manager’s expectations, hopes, beliefs, and intentions regarding the future.
In addition, without limiting the foregoing, any statements that refer to projections, forecasts or other characterizations of
future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipates”,
“believes”, “continue”, “could”, “estimates”, “expects”, “intends”,
“may”, “might”, “plans”, “possible”, “potential”, “predicts”,
“projects”, “seeks”, “should”, “will”, “would” and similar expressions
and variations, or comparable terminology, or the negatives of any of the foregoing, may identify forward looking statements,
but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained
in this Offering Circular are based on current expectations and beliefs concerning future developments that are difficult to predict.
Neither the Company nor the Manager can guarantee future performance, or that future developments affecting the Company or the
Manager will be as currently anticipated. These forward-looking statements are not guarantees of future performance and involve
a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or implied by these forward-looking statements. Among such risks,
trends and other uncertainties, which in some instances are beyond our control, are:

The list of risks and uncertainties set
forth above is only a summary of what we believe are some of the most important factors and is not intended to be exhaustive.
You should carefully review the risks and information contained in this Offering Circular and any accompanying supplement, including,
without limitation, the “Risk Factors” section of this Offering Circular. New
factors may also emerge from time to time that could materially and adversely affect us. All forward-looking statements
attributable to us are expressly qualified in their entirety by these risks and uncertainties. Should one or more of these risks
or uncertainties materialize, or should any of the parties’ assumptions prove incorrect, actual results may vary in material
respects from those projected in these forward-looking statements. You should not place undue reliance on any forward-looking
statements and should not make an investment decision based solely on these forward-looking statements. These forward-looking
statements speak only as of the date of this Offering Circular or the date of any applicable supplement. We undertake no obligation
to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except
as may be required under applicable securities laws.

Trademarks and
Trade Names

From time to time, we own or have rights
to various trademarks, service marks and trade names that we use in connection with the operation of our business. This Offering
Circular may also contain trademarks, service marks and trade names of third parties, which are the property of their respective
owners. Our use or display of third parties’ trademarks, service marks, trade names or products in this Offering Circular
is not intended to, and does not imply, a relationship with us or an endorsement or sponsorship by or of us. Solely for convenience,
the trademarks, service marks and trade names referred to in this Offering Circular may appear without the ®, TM or SM symbols,
but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable
law, our rights or the right of the applicable licensor to these trademarks, service marks and trade names.

Additional Information

You should rely only on the information
contained in this Offering Circular. We have not authorized anyone to provide you with additional information or information different
from that contained in this Offering Circular filed with the Commission. We take no responsibility for, and can provide no assurance
as to the reliability of, any other information that others may give you. We are offering to sell, and seeking offers to buy,
certain Series of Interests only in jurisdictions where offers and sales are permitted. This Offering Circular shall not
constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sales of these securities in, any state
or other jurisdiction in which such offer, solicitation or sale would be unlawful before registration or qualification of the
offer and sale under the laws of such state or jurisdiction. The information contained in this Offering Circular is accurate
only as of the date of this document, regardless of the time of delivery of this Offering Circular or any sale of a Series of
Interests. Our business, financial condition, results of operations, and prospects may have changed since that date.

RISK FACTORS

The Interests offered hereby are highly
speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire
investment. There can be no assurance that the Company’s investment objectives will be achieved or that a secondary market
would ever develop for the Interests, whether via third party registered broker-dealers or otherwise. The risks described in this
section should not be considered an exhaustive list of the risks that prospective Investors should consider before investing in
the Interests. Additional risks and uncertainties not presently known to us or not presently deemed material by us might also
impair our operations and performance and/or the value of the Interests. If any of these risks actually occurs, the value of the
Interests may be materially adversely affected. Prospective Investors should obtain their own legal and tax advice prior to making
an investment in the Interests and should be aware that an investment in the Interests may be exposed to other risks of an exceptional
nature from time to time. The following considerations are among those that should be carefully evaluated before making an investment
in the Interests.

Risks relating to the structure,
operation and performance of the Company

An investment in an Offering constitutes
only an investment in that Series and not in the Company or directly in any Underlying Asset.

An Investor in an Offering will acquire
an ownership interest in the Series of Interests related to that Offering and not, for the avoidance of doubt, in (i) the
Company, (ii) any other Series of Interests, (iii) the Manager, (iv) the Asset Manager or (v) directly
in the Underlying Asset associated with the Series or any Underlying Asset owned by any other Series of Interests.

A purchase of Interests in the Series does
not constitute an investment in either the Company or the Underlying Asset directly.  This results in limited voting rights
of the Investor, which are solely related to a particular Series and are further limited by the Operating Agreement of the
Company, described further in this Offering Circular. Investors will have voting rights only with respect to certain matters,
primarily relating to amendments to the Operating Agreement that would adversely change the rights of the Interest Holders and
removal of the Manager for “cause”.  The Manager and the Asset Manager thus retain significant control over the
management of the Company and the Underlying Asset. Furthermore, because the Interests in the Series do not constitute an
investment in the Company as a whole, holders of the Interests in the Series are not expected to receive any economic benefit
from, or be subject to the liabilities of, the assets of any other Series.  In addition, the economic interest of a holder
in the Series will not be identical to owning a direct undivided interest in an Underlying Asset because, among other things,
a Series will be required to pay corporate taxes before distributions are made to the holders, and the Asset Manager will
receive a fee in respect of its management of the Underlying Asset.

There is currently no public
trading market for our securities and an active market in which investors can resell their Interests may not develop.

There
is currently no public trading market for our Interests, and an active market may not develop or be sustained.  If an active
public trading market for our securities does not develop or is not sustained, it may be difficult or impossible for you to resell
your shares at any price.  Even if a public or private market were to develop, the market price could decline below the amount
you paid for your shares.

There may be state law restrictions
on an Investor’s ability to sell the Interests.

Each state has
its own securities laws, often called “blue sky” laws, which (1) limit sales of securities to a state’s
residents unless the securities are registered in that state or qualify for an exemption from registration and (2) govern
the reporting requirements for broker-dealers and stock brokers doing business directly or indirectly in the state. Before a security
is sold in a state, there must be a registration in place to cover the transaction, or it must be exempt from registration. Also,
the broker must be registered in that state. We do not know whether our securities will be registered, or exempt, under the laws
of any states. A determination regarding registration will be made by the broker-dealers, if any, who agree to serve as the market-makers
for our Interests. There may be significant state blue sky law restrictions on the ability of Investors to sell, and on purchasers
to buy, our Interests. In addition, Tier 2 of Regulation A limits qualified resales of our Interests to 30% of the aggregate offering
price of a particular offering. Investors should consider the resale market for our securities to be limited. Investors may be
unable to resell their securities, or they may be unable to resell them without the significant expense of state registration
or qualification.

We do not have an operating history
and, as a result, there is a limited amount of information about us on which to base an investment decision.

The Company and each
Series, as well as the Manager, were recently formed and have not generated any revenues and have no operating history upon which
prospective Investors may evaluate their performance. No guarantee can be given that the Company or any Series will achieve
their investment objectives, that the value of the Underlying Asset will increase or that the Underlying Asset will be successfully
monetized.

There can be no guarantee that the Company will reach
its funding target from potential investors with respect to any Series or future proposed Series of Interests.

Due to the start-up nature of the Company,
there can be no guarantee that the Company will reach its funding target from potential investors with respect to any Series or
future proposed Series of Interests. In the event the Company does not reach a funding target, it may not be able to achieve
its investment objectives by acquiring additional Underlying Assets through the issuance of further Series of Interests and
monetizing them together with previous interests to generate distributions for Investors. In addition, if the Company is unable
to raise funding for additional Series of Interests, this may negatively affect any investors already holding interests as
they will not see the benefits that might transpire from economies of scale following the acquisition by other Series of
Interests of additional Underlying Assets and other monetization opportunities (e.g., hosting events with the collection of Underlying
Assets, affiliate arrangements, asset sponsorships).

There is substantial doubt about our ability to continue
as a going concern.

The Company’s ability to continue as a
going concern is dependent upon its ability to generate future profitable operations and/or obtain the necessary financing to
meet its obligations and repay its liabilities arising from normal business operations when they become due.

There are few, if any, businesses
that have pursued a strategy or investment objective similar to the Company’s.

We believe that the number of other companies
that have crowdfunded collectibles or proposes to run a platform for crowdfunding of interests in collectibles is limited to date.
The Company and the Interests may not gain market acceptance from potential Investors, potential Asset Sellers or service providers
within the collectibles industry, including insurance companies, storage facilities or maintenance partners. This could result
in an inability of the Manager to manage and monetize the Underlying Assets profitably. This could negatively affect the issuance
of further Series of Interests and additional Underlying Assets being acquired by the Company. This would further inhibit
market acceptance of the Company and if the Company does not acquire any additional Underlying Assets, Investors would not
receive any benefits that might transpire from economies of scale (such as potential reduction in storage costs if large numbers
of Underlying Assets are stored at one facility, possible group discounts on insurance, and the ability to monetize Underlying
Assets through asset sponsorships, affiliate arrangements, membership events or other monetization opportunities, as described
below, that would require the Company to own a substantial number of underlying assets).

The Offering amount exceeds the
value of Underlying Asset.

The size of each Offering
will exceed the purchase price of the Underlying Asset as at the date of such Offering. The size of each offering generally will
be set as a multiple (between 1.1X and 1.2X) of the purchase price of the Underlying Asset because the proceeds of the Offering
in excess of the purchase price of the Underlying Asset will be used to pay fees, costs and expenses incurred in making this Offering,
as well as acquiring the Underlying Asset). If the Underlying Asset had to be sold and there had not been substantial appreciation
of the Underlying Asset prior to such sale, there may not be sufficient proceeds from the sale of the Underlying Asset to repay
Investors the amount of their initial investment (after first paying off any liabilities on the Underlying Asset at the time of
the sale including but not limited to any outstanding Operating Expenses Reimbursement Obligation) or any additional profits in
excess of this amount.

Excess Operating Expenses could materially and adversely
affect the value of Interests and result in dilution to Investors.

Operating Expenses related
to a particular Series incurred post-Closing shall be the responsibility of the Series.  However, if the Operating Expenses
of a particular Series exceed the amount of revenues generated from the Underlying Asset of that Series, the Manager may
(a) pay such Operating Expenses and not seek reimbursement, (b) loan the amount of the Operating Expenses to the particular
Series, on which the Manager may impose a reasonable rate of interest, and be entitled to reimbursement of such amount from future
revenues generated by the applicable Underlying Asset (“Operating Expenses Reimbursement Obligation(s)”), and/or (c) cause
additional Interests to be issued in order to cover such additional amounts.

If there is an Operating Expenses Reimbursement
Obligation, this reimbursable amount between related parties would be repaid from the Free Cash Flow generated by the applicable
Series and could reduce the amount of any future distributions payable to Investors in that Series. If additional Interests
are issued in a particular Series, this would dilute the current value of the Interests of that Series held by existing Investors
and the amount of any future distributions payable to such existing Investors. Further, any additional issuance of Interests of
a Series could result in dilution of the holders of that Series.

We are reliant on the Manager and Asset Manager and their
respective personnel. Our business and operations could be adversely affected if the Manager or Asset Manager lose key
personnel.

The successful operation
of the Company (and therefore, the success of the Interests) is in part dependent on the ability of the Manager and the Asset
Manager to source, acquire and manage the Underlying Assets. As the Company has only been in existence since January 2020
and is an early-stage startup company, it has no significant operating history that would evidence its ability to source, acquire,
manage and utilize any Underlying Assets.

The success of the Company
(and therefore, the Interests) will be highly dependent on the expertise and performance of the Manager and the Asset Manager
and their respective teams, their expert network and other investment professionals (which include third party experts) to source,
acquire, manage and monetize Underlying Assets. There can be no assurance that these individuals will continue to be associated
with the Manager or the Asset Manager. The loss of the services of one or more of these individuals could have a material adverse
effect on the Underlying Assets and, in particular, their ongoing management and use to support the investment of the Interest
Holders.

Furthermore, the success of the Company
and the value of the Interests is dependent on there being critical mass from the market for the Interests and also the Company
being able to acquire a number of Underlying Assets in multiple Series of Interests so that the Investors can benefit from
economies of scale that could transpire from holding more than one Underlying Asset (such as potential reduction in transport
costs if a large number of Underlying Assets are transported at the same time). In the event that the Company is unable to source
additional Underlying Assets due to, for example, competition for such Underlying Assets or lack of Underlying Assets available
in the marketplace, then this could materially and negatively affect the success of the Company and each Series by hindering
its ability to acquire additional Underlying Assets through the issuance of further Series of Interests and monetizing them,
including through exhibiting the Underlying Assets at public events, including any Premium Membership Programs that might be developed
in order to generate distributions for Investors.

The Manager and Asset Manager and certain of their
affiliates may have conflicts of interest that could negatively affect the performance of a Series and of the Company.

The Manager and Asset Manager and their
respective affiliates may have a number of matters on which they have positions that conflict with the interests of the Company
and its Investors that could negatively affect the performance of a Series and of the Company. See “ACTUAL AND
POTENTIAL CONFLICTS OF INTEREST.”

If the Company’s series limited liability company
structure is not respected, then Investors may have to share any liabilities of the Company with all Investors and not just those
who hold the same Series of Interests as them.

The Company is structured as a Delaware
series limited liability company that issues a separate Series of Interests for each Underlying Asset. Each Series of
Interest will merely be a separate Series and not a separate legal entity. Under the Delaware Limited Liability Company Act
(the “LLC Act”), if certain conditions (as set forth in Section 18-215(b) of the LLC Act) are met, the liability
of Investors holding one Series of Interests is segregated from the liability of Investors holding another Series of
Interests and the assets of one Series of Interests are not available to satisfy the liabilities of other Series of
Interests.  Although this limitation of liability is recognized by the courts of Delaware, there is no guarantee that if
challenged in the courts of another U.S. State or a foreign jurisdiction, such courts will uphold a similar interpretation of
Delaware corporation law. While we are not aware of any jurisdiction not honoring this interpretation, some jurisdictions’
limited liability company statutes do not provide for series LLCs. Although series LLC legislation is increasingly being adopted,
which should increase the likelihood that the separateness of the Series will be respected, there is uncertainty whether other
jurisdictions will honor such interpretation. If the Company’s series limited liability company structure is not respected,
then Investors may have to share any liabilities of the Company with all Investors and not just those who hold the same series
of interests as them. Furthermore, while we intend to maintain separate and distinct records for each Series of Interests
and account for them separately and otherwise meet the requirements of the LLC Act, it is possible a court could conclude that
the methods used did not satisfy Section 18-215(b) of the LLC Act and thus potentially expose the assets of a particular
Series to the liabilities of another Series of Interests.  The consequence of this is that Investors may have to
bear higher than anticipated expenses which would adversely affect the value of their Interests or the likelihood of any distributions
being made by the Series to the Investors. In addition, we are not aware of any court case that has tested the limitations
on inter-series liability provided by Section 18-215(b) in federal bankruptcy courts and it is possible that a bankruptcy
court could determine that the assets of one Series of Interests should be applied to meet the liabilities of the other Series of
Interests or the liabilities of the Company generally where the assets of such other Series of Interests or of the Company
generally are insufficient to meet our liabilities.

For the avoidance of
doubt, at the time of this filing, none of the Company or any Series has commenced operations, are not capitalized and have
no assets or liabilities and no Series will commence operations, be capitalized or have assets and liabilities until such
time as a closing related to such Series has occurred.

If any fees, costs and
expenses of the Company are not allocable to a specific Series of Interests, they will be borne proportionately across all
the Series of Interests.  Although the Manager will allocate fees, costs and expenses acting reasonably and in accordance
with its allocation policy (see “Description of the Business – Allocations of Expenses” section), there
may be situations where it is difficult to allocate fees, costs and expenses to a specific Series of Interests and therefore,
there is a risk that a Series of Interests may bear a proportion of the fees, costs and expenses for a service or product
for which another series of Interests received a disproportionately high benefit.

There can be no guarantee that any liquidity mechanism
for secondary sales of Interests will develop or that registered broker-dealers will desire to facilitate liquidity in the Interests
for a level of fees that would be acceptable to Investors or at all.

Liquidity for the interests would in large
part depend on the market supply of and demand for interests, as well as applicable laws and restrictions under the Company’s
Operating Agreement. There can be no assurance that trading will occur on a regular basis or at all. Further, the frequency and
duration of any trading periods would be subject to adjustment by broker-dealers, who might not find the level of fees that could
be generated by any market activity in the Interests to be attractive enough for them to be interested in starting or maintaining
a market in the Interests.

We do not anticipate the use of Manager-owned Interests
for liquidity or to facilitate the resale of Interests held by Investors.

Currently, the Manager does not intend
to sell any Interests which it holds or may hold prior to the liquidation of an Underlying Asset.  Thus, the Manager does
not currently intend to take any action which might provide liquidity or facilitate the resale of Interests held by Investors.
However, the Manager may from time to time transfer a small number of Interests to unrelated third parties for promotional purposes.

Abuse of our advertising or social platforms may harm
our reputation or user engagement.

The Asset Manager may provide content
or post ads about the Company and Series through various social media platforms that may be influenced by third parties.
Our reputation or user engagement may be negatively affected by activity that is hostile or inappropriate to other people, by
users impersonating other people or organizations, by disseminating information about us or to us that may be viewed as misleading
or intended to manipulate the opinions of our users, or by the use of the Asset Manager’s products or services, that violates
our terms of service or otherwise for objectionable or illegal ends. Preventing these actions may require us to make substantial
investments in people and technology and these investments may not be successful, adversely affecting our business.

If we are unable to protect our intellectual property
rights, our competitive position could be harmed, or we could be required to incur significant expenses to enforce our rights.

Our ability to compete effectively is dependent
in part upon our ability to protect any proprietary technologies that we develop. We also will rely on service marks, trade secret
laws, and confidentiality procedures to protect our intellectual property rights. There can be no assurance these protections
will be available in all cases or will be adequate to prevent our competitors from copying, reverse engineering or otherwise obtaining
and using our technology, proprietary rights or products. To prevent substantial unauthorized use of our intellectual property
rights, it may be necessary to prosecute actions for infringement and/or misappropriation of our proprietary rights against third
parties. Any such action could result in significant costs and diversion of our resources and management’s attention, and
there can be no assurance we will be successful in such action. If we are unable to protect our intellectual property, it could
have a material adverse effect on our business and on the value of the Interests.

Our results of operations may be negatively impacted
by the coronavirus outbreak.

In December 2019, a novel strain of
coronavirus, or COVID-19, was reported to have surfaced in Wuhan, China. COVID-19 has spread to many countries, including the
United States, and was declared to be a pandemic by the World Health Organization. Efforts to contain the spread of COVID-19 have
intensified and the U.S., Europe and Asia have implemented severe travel restrictions and social distancing. The impacts of the
outbreak are unknown and rapidly evolving. A widespread health crisis has adversely affected and could continue to affect the
global economy, resulting in an economic downturn that could negatively impact the value of the Underlying Assets and Investor
demand for Offerings and the Asset Class generally.

The continued spread of COVID-19 has
also led to severe disruption and volatility in the global capital markets, which could increase our cost of capital and adversely
affect our ability to access the capital markets in the future. It is possible that the continued spread of COVID-19 could cause
a further economic slowdown or recession or cause other unpredictable events, each of which could adversely affect our business,
results of operations or financial condition.

The extent to which COVID-19 affects
our financial results will depend on future developments, which are highly uncertain and cannot be predicted, including new information
which may emerge concerning the severity of the COVID-19 outbreak and the actions to contain the outbreak or treat its impact,
among others. Moreover, the COVID-19 outbreak has had and may continue to have indeterminable adverse effects on general commercial
activity and the world economy, and our business and results of operations could be adversely affected to the extent that COVID-19
or any other pandemic harms the global economy generally.

Actual or threatened epidemics, pandemics, outbreaks,
or other public health crises may adversely affect our business.

Our
business could be materially and adversely affected by the risks, or the public perception of the risks, related to an epidemic,
pandemic, outbreak, or other public health crisis, such as the recent outbreak of novel coronavirus, or COVID-19. The risk,
or public perception of the risk, of a pandemic or media coverage of infectious diseases could adversely affect the value of the
Underlying Assets and our Investors or prospective Investors financial condition, resulting in reduced demand for the Offerings
and the Asset Class generally. Further, such risks could cause a limited attendance at membership experience events that we might
sponsor or in which we might participate, or result in persons avoiding holding or appearing at in-person events. Moreover, an
epidemic, pandemic, outbreak or other public health crisis, such as COVID-19, could cause employees of the Asset Manager,
in whom we rely to manage the logistics of our business, including any membership experience programs that we might develop, or
on-site employees of partners to avoid any involvement with our programs, which would adversely affect our ability to hold such
events or to adequately staff and manage our businesses.  “Shelter-in-place” or other such orders by governmental
entities could also disrupt our operations, if employees who cannot perform their responsibilities from home, are not able to
report to work.

Risks relating to the Offerings

We are offering our Interests pursuant to Tier 2 of Regulation
A and we cannot be certain if the reduced disclosure requirements applicable to Tier 2 issuers will make our Interests less attractive
to Investors as compared to a traditional initial public offering.

As a Tier 2 issuer, we are subject to scaled
disclosure and reporting requirements that may make an investment in our Interests less attractive to Investors who are accustomed
to enhanced disclosure and more frequent financial reporting. The differences between disclosures for Tier 2 issuers versus those
for emerging growth companies include, without limitation, only needing to file final semiannual reports as opposed to quarterly
reports and far fewer circumstances that would require a current disclosure. In addition, given the relative lack of regulatory
precedent regarding the recent amendments to Regulation A, there is some regulatory uncertainty in regard to how the Commission
or the individual state securities regulators will regulate both the offer and sale of our securities, as well as any ongoing
compliance that we may be subject to. For example, a number of states have yet to determine the types of filings and amount of
fees that are required for such an offering. If our scaled disclosure and reporting requirements, or regulatory uncertainty regarding
Regulation A, reduces the attractiveness of the Interests, we may be unable to raise the funds necessary to fund future offerings,
which could impair our ability to develop a diversified portfolio of Underlying Assets and create economies of scale, which may
adversely affect the value of the Interests or the ability to make distributions to Investors.

There may be deficiencies with our internal controls
that require improvements, and if we are unable to adequately evaluate internal controls, we may be subject to sanctions.

As a Tier 2 issuer, we will not need to
provide a report on the effectiveness of our internal controls over financial reporting, and we will be exempt from the auditor
attestation requirements concerning any such report so long as we are a Tier 2 issuer. We are in the process of evaluating whether
our internal control procedures are effective and therefore there is a greater likelihood of undiscovered errors in our internal
controls or reported financial statements as compared to issuers that have conducted such evaluations.

If a regulator determines that the activities of either
the Manager or Asset Manager require its registration as a broker-dealer, the Asset Manager or Manager may be required to cease
operations and any Series of Interests offered and sold without such proper registration may be subject to a right of rescission.

The sale of membership interests is being
facilitated by the 360 SPORTS, a broker-dealer registered under the Exchange Act and member of FINRA, which is registered in each state
where the offer or sales of the Interests will occur. It is anticipated that Interests will be offered and sold only in states
where the 360 SPORTS is registered as a broker-dealer.  For the avoidance of doubt, the 360 SPORTS will not solicit purchases and will
not make any recommendations regarding the Interests.  Neither the 360 SPORTS, nor any other entity, receives a finder’s fee
or any underwriting or placement agent discounts or commissions in relation to any Offering of Interests. If a regulatory authority
determines that the Asset Manager or the Manager, neither of which is a registered broker-dealer under the Exchange Act or any
state securities laws, has itself engaged in brokerage activities that require registration, the Asset Manager or the Manager
may need to stop operating and therefore, the Company would not have an entity managing the Series’ Underlying Assets.  In
addition, if the Manager or Asset Manager is found to have engaged in activities requiring registration as “broker-dealer”
without either being properly registered as such, there is a risk that any Series of Interests offered and sold while the
Manager or Asset Manager was not so registered may be subject to a right of rescission, which may result in the early termination
of the Offerings.

If we are required to register under the Exchange Act,
it would result in significant expense and reporting requirements that would place a burden on the Manager and Asset Manager and
may divert attention from management of the Underlying Assets by the Manager and Asset Manager or could cause Asset Manager to
no longer be able to afford to run our business.

The Exchange Act requires issuers with
more than $10 million in total assets to register its equity securities under the Exchange Act if its securities are held of record
by more than 2,000 persons or 500 persons who are not “accredited investors”.  While our Operating Agreement
presently prohibits any transfer that would result in any Series being held of record by more than 2,000 persons or 500 non-“accredited
investors”, there can be no guarantee that we will not exceed those limits and the Manager has the ability to unilaterally
amend the Operating Agreement to permit holdings that exceed those limits.  Series may have more than 2,000 total Interests,
which would make it more likely that there accidentally would be greater than 2,000 beneficial owners of or 500 non- “accredited
investors” in that Series.  If we are required to register under the Exchange Act, it would result in significant expense
and reporting requirements that would place a burden on the Manager and Asset Manager  and may divert attention from management
of the Underlying Assets by the Manager and Asset Manager or could cause Asset Manager to no longer be able to afford to run our
business.

If the Company were to be required to register under
the Investment Company Act or the Manager or the Asset Manager were to be required to register under the Investment Advisers Act,
it could have a material and adverse impact on the results of operations and expenses of each Series and the Manager and
the Asset Manager may be forced to liquidate and wind up each Series of Interests or rescind the Offerings for any of the
Series or the offering for any other Series of Interests.

The Company is not registered and will
not be registered as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company
Act”), and neither the Manager nor the Asset Manager is or will be registered as an investment adviser under the Investment
Advisers Act of 1940, as amended (the “Investment Advisers Act”) and the Interests do not have the benefit of the
protections of the Investment Company Act or the Investment Advisers Act. The Company, the Manager and the Asset Manager have
taken the position that the Underlying Assets are not “securities” within the meaning of the Investment Company Act
or the Investment Advisers Act, and thus the Company’s assets will consist of less than 40% investment securities under
the Investment Company Act and the Manager and the Asset Manager are not and will not be advising with respect to securities under
the Investment Advisers Act. This position, however, is based upon applicable case law that is inherently subject to judgments
and interpretation. If the Company were to be required to register under the Investment Company Act or the Manager or the Asset
Manager were to be required to register under the Investment Advisers Act, it could have a material and adverse impact on the
results of operations and expenses of each Series and the Manager and the Asset Manager may be forced to liquidate and wind
up each Series of Interests or rescind the Offerings for any of the Series or the offering for any other Series of
Interests.

Possible Changes in Federal Tax Laws.

The Code is subject to change by Congress,
and interpretations of the Code may be modified or affected by judicial decisions, by the Treasury Department through changes
in regulations and by the Internal Revenue Service through its audit policy, announcements, and published and private rulings.
Although significant changes to the tax laws historically have been given prospective application, no assurance can be given that
any changes made in the tax law affecting an investment in any Series of Interests of the Company would be limited to prospective
effect. For instance, prior to effectiveness of the Tax Cuts and Jobs Act of 2017, an exchange of the Interests of one Series for
another might have been a non-taxable ‘like-kind exchange’ transaction, while transactions now only qualify for that
treatment with respect to real property. Accordingly, the ultimate effect on an Investor’s tax situation may be governed
by laws, regulations or interpretations of laws or regulations which have not yet been proposed, passed or made, as the case may
be.

Risks Specific to the Industry and the Asset Class

Potential negative changes within the Asset Class.

Sports memorabilia as an Asset Class is
subject to various risks, including, but not limited to, currency fluctuations, changes in tax rates, consumer confidence and
brand exposure, as well as risks associated with the Asset Class in general, including, but not limited to, economic downturns
and the availability of desirable Memorabilia Assets. Changes in the Asset Class could have a material and adverse effect
upon the Company’s ability to achieve its investment objectives of acquiring additional Underlying Assets through the issuance
of further Series of Interests and monetizing them through affiliate partnerships, membership events, asset sponsorships
or other monetization mechanisms to generate distributions for Investors.

Lack of Diversification.

It is not anticipated that any Series would
own assets other than its respective Underlying Asset, plus potential cash reserves for maintenance, storage, insurance and other
expenses pertaining to the Underlying Asset and amounts earned by such Series from the monetization of the Underlying Asset.
Investors looking for diversification will have to create their own diversified portfolio by investing in other opportunities
in addition to any one Series.

Industry concentration and general downturn in industry.

Given the concentrated nature of the Underlying
Assets (i.e., only Memorabilia Assets) any downturn in the Asset Class is likely to impact the value of the Underlying Assets,
and consequently the value of the Interests. Popularity within categories of the broader market (e.g. baseball or football) can
impact the value of the Underlying Assets within categories of the Asset Class (e.g. baseball cards or football jerseys),
and consequently the value of the Interests. Furthermore, as the Asset Class is comprised of collectible items, the value
of such Memorabilia Assets may be impacted if an economic downturn occurs and there is less disposable income for individuals
to invest in the Asset Class. In the event of a downturn in the industry, the value of the Underlying Assets is likely to decrease.

Volatile demand for the assets in the Asset Class

Volatility of demand for luxury goods,
in particular high value Memorabilia Assets, may adversely affect a Series’ ability to achieve its investment purpose. The
Asset Class has been subject to volatility in demand in recent periods, particularly around certain categories of assets
and investor tastes (ex. trading cards). Demand for high value Memorabilia Assets depends to a large extent on general, economic,
political, and social conditions in a given market as well as the tastes of the collector community and in the case of sports,
the general fan community resulting in changes of which Memorabilia Assets are most sought after.

Volatility in demand may lead to volatility
in the value of the Underlying Assets, which may result in further downward price pressure and adversely affect the Company’s
ability to achieve its objective of acquiring additional Underlying Assets through the issuance of further Series of Interests
and monetizing Underlying Assets through exhibiting them at public events, including any Premium Membership Programs that we might
develop to generate distributions for Investors.

In addition, the lack of demand may reduce
any further issuance of Series of Interests and acquisition of more Underlying Assets, thus limiting the benefits the Investors
already holding Series of Interests could receive from there being economies of scale (e.g., cheaper insurance due to a number
of Underlying Assets requiring insurance) and other monetization opportunities (e.g., hosting shows with the collection of Memorabilia
Assets). These effects may have a more pronounced impact given the limited number of Underlying Assets held by the Company in
the short-term.

We will rely on data from past auction sales and insurance
data, among other sources, in determining the value of the Underlying Assets, and have not independently verified the accuracy
or completeness of this information. As such, valuations of the Underlying Assets may be subject to a high degree of uncertainty
and risk.

As explained in “Description
of the Business”, the Asset Class is difficult to value. We understand that there are companies with stated intentions
to create platforms that will help create a market by which the Interests (and, indirectly, the Underlying Assets) may be more
accurately valued due to the creation of a larger market for the Asset Class than exists from current means. Such platforms,
however, do not currently exist and the development of one that functions appropriately is uncertain. We, for example, currently,
have no plans to develop such a platform. Until such a platform is developed, however, valuations of the Underlying Assets will
be based upon the subjective approach taken by the members of the Manager’s expert network and members of the Advisory Board,
valuation experts appointed by the Asset Seller or other data provided by third parties (e.g., auction results and previous sales
history). Due to the lack of third-party valuation reports and potential for one-of-a-kind assets, the value of the Underlying
Assets may be more difficult for potential investors to compare against a market benchmark. Furthermore, if similar assets to
the Underlying Assets are created or discovered it could in turn negatively affect the value of the Underlying Assets. The Manager
sources data from past auction sales results and insurance data; however, it may rely on the accuracy of the underlying data without
any means of detailed verification. Consequently, valuations may be uncertain.

Risks relating to the Underlying Assets

The value of the Underlying Assets and, consequently,
the value of an Investor’s Interests can go down as well as up.

Valuations are not guarantees of realizable
price, do not necessarily represent the price at which the Interests may be sold and the value of the Underlying Assets may be
materially affected by a number of factors outside the control of the Company, including, any volatility in the economic markets,
the condition of the Underlying Assets and physical matters arising from the state of their condition.

Competition in the Asset Class from other business
models.

There is potentially
significant competition for Memorabilia Assets from many different market participants, including those with existing fractional
ownership offerings. While the majority of transactions continue to be peer-to-peer with very limited public information, other
market players such as dealers, trade fares and auction houses continue to play an increasing role. Furthermore, the presence
of corporations such as eBay or Amazon in the Asset Class adds further competition from non-traditional players.

This competition may negatively affect
the liquidity of the Interests, as it is dependent on the Company acquiring attractive and desirable Memorabilia Assets to ensure
that there is an appetite of potential investors for the Interests. In addition, there are companies that are developing crowd
funding models for other alternative asset classes such as cars, art or wine, who have entered the Asset Class as well. Others
may do so in the future, increasing the competition within the Asset Class.

The valuation of a Memorabilia Asset may be negatively
affected by the reputation of the person, group or matter with which it is associated.

The value of a Memorabilia Asset is likely
to be connected to its association with, a certain person or group or in connection with certain events (prior to or following
the acquisition of the Underlying Asset by the Company). In the event that such person, group or event loses public affection,
then this may adversely impact the value of the Memorabilia Asset and therefore, the Series of Interests that relate to such
Underlying Asset. For example, San Francisco Giants’ outfielder Barry Bonds was on a career path to becoming a first-ballot
Hall of Famer due to his home run records. At the turn of the century his game used memorabilia and cards were at a premium. However,
steroid use and a poor public image not only put his Hall of Fame election in doubt but also damaged the value of his memorabilia.
The same can also be said for a promising rookie whose career either ends prematurely due to injury or does not meet all the early
expectations placed on them.

The valuation of a Memorabilia Asset may be negatively
affected by the reputation or brand of the manufacturer of Memorabilia Assets.

The Underlying Assets of the Company will
consist of Memorabilia Assets from a very wide variety of manufacturers, many of which are still in operation today. The demand
for the Underlying Assets, and therefore, each Series of Interests, may be influenced by the general perception of the Underlying
Assets that manufacturers are producing today. In addition, the manufacturers’ business practices may result in the image
and value of the Underlying Asset produced by certain manufacturers being damaged. This in turn may have a negative impact on
the Underlying Assets made by such manufacturers and, in particular, the value of the Underlying Assets and, consequently, the
value of the Series of Interests that relate to such Underlying Asset. For example, the reputation of a manufacturer of certain
sporting equipment that is used by a prominent player may negatively affect the collectability of such equipment.

Title, authenticity or infringement claims on an Underlying
Asset.

There is no guarantee that an Underlying
Asset will be free of any claims regarding title and authenticity (e.g., counterfeit, altered, manipulated, or previously stolen
items) even after verification through a third-party authenticator, or that such claims may arise after acquisition of an Underlying
Asset by a Series of Interests. The Company may not have complete ownership history or records for an Underlying Asset. In
the event of a title or authenticity claim against the Company, the Company may not have recourse against the Asset Seller or
the benefit of insurance and the value of the Underlying Asset and the Series that relates to that Underlying Asset, may
be diminished. Furthermore, the Company and the Underlying Asset could be adversely affected if a piece of memorabilia, such as
a sports card, was found to be created without all appropriate consents, such as consent from the athlete or league.

There are risks associated with reliance on third party
authenticators.

While there is no guarantee that an Underlying
Asset will be free of fraud, we intend to mitigate this risk by having the item graded or authenticated by a reputable firm. In
the event of an authenticity claim against an authenticated item, the Company may have recourse for reimbursement from the authenticator,
although there can be no guarantee of the Company’s ability to collect or the authenticator’s ability to pay.

Furthermore, authenticators may occasionally
make mistakes by either giving their approval or grade to a counterfeit card or piece of memorabilia. Sometimes this mistake is
not uncovered until years later when evidence to the contrary surfaces or updated scientific methods are applied. The Company
may not have recourse, if such an event occurs, and the value of the Underlying Asset will likely deteriorate. A piece of an Underlying
Asset may also be mislabeled by an authenticator such as giving it the wrong year or attributing it to the wrong person, which
may adversely affect its value.

Additionally, it is possible that there
are unknown issues with an Underlying Asset that are not immediately apparent but arise at a later date. For example, prior storage
and display methodologies for an Underlying Asset might have adverse effects that are only apparent at a later date. Even through
the asset undergoes an authentication process, there are still scenarios where these issues may not be apparent at the time of
authentication. Finally, there is reputational risk of the authenticator, which may fall out of favor with collectors, which may
impact the value of all items authenticated by the particular authenticator.

Third party liability.

Each Series will assume all of the
ownership risks attached to its Underlying Asset, including third party liability risks. Therefore, a Series may be liable
to a third party for any loss or damages incurred by such third party in connection with the Series’ Underlying Asset. This
would be a loss to the Series and, in turn, adversely affect the value of the Series and would negatively impact the
ability of the Series to make distributions.

An Underlying Asset may be lost or damaged by causes
beyond the Company’s control while being transported or when in storage or on display. There can be no guarantee that
insurance proceeds will be sufficient to pay the full market value of an Underlying Asset which has been damaged or lost which
will result in a material and adverse effect in the value of the related Interests.

Any Underlying Asset may be lost or damaged
by causes beyond the Company’s control when in storage or on display. There is also a possibility that an Underlying
Asset could be lost or damaged while being exhibited at a public event. Any damage to an Underlying Asset or other liability incurred
as a result of participation in these programs, including personal injury to participants, could adversely impact the value of
the Underlying Asset or adversely increase the liabilities or Operating Expenses of its related Series of Interests. Further,
when an Underlying Asset has been purchased, it will be necessary to transport it to the Asset Manager’s preferred storage
location or as required to participate in any public event. An Underlying Asset may be lost or damaged in transit, and transportation,
insurance or other expenses may be higher than anticipated due to the locations of particular events.

Although we intend for the Underlying Assets
to be insured at replacement cost (subject to policy terms and conditions), in the event of any claims against such insurance
policies, there can be no guarantee that any losses or costs will be reimbursed, that an Underlying Asset can be replaced on a
like-for-like basis or that any insurance proceeds would be sufficient to pay the full market value (after paying for any outstanding
liabilities including, but not limited to any outstanding balances under Operating Expenses Reimbursement Obligations), if any,
of the Interests. In the event that damage is caused to an Underlying Asset, this will impact the value of the Underlying Asset,
and consequently, the Interests related to the Underlying Asset, as well as the likelihood of any distributions being made by
the applicable Series to its Investors.

In addition, at a future date, once developed,
the Manager may decide to expand Premium Membership Programs to include the ability of a member in those programs to become the
caretaker of Underlying Assets for a certain period of time for an appropriate fee, assuming that the Manager believes that such
models are expected to result in higher overall financial returns for all Investors in any Underlying Assets used in such models.
The feasibility from an insurance, safety, technological and financial perspective of such models has not yet been analyzed
but may significantly increase the risk profile and the chance for loss of or damage to any Underlying Asset if utilized in such
models.

Insurance of Underlying Assets may not cover all losses
which will result in a material and adverse effect in the valuation of the Series related to such damaged Underlying Assets.

Insurance of any Underlying Asset may not
cover all losses. There are certain types of losses, generally of a catastrophic nature, such as earthquakes, floods, hurricanes,
terrorism or acts of war that may be uninsurable or not economically insurable. Inflation, environmental considerations and other
factors, including terrorism or acts of war, also might make insurance proceeds insufficient to repair or replace an asset if
it is damaged or destroyed. Under such circumstances, the insurance proceeds received might not be adequate to restore a Series’
economic position with respect to its affected Underlying Asset. Furthermore, the Series related to such affected Underlying
Assets would bear the expense of the payment of any deductible. Any uninsured loss could result in both loss of cash flow from,
and a decrease in value of, the affected Underlying Asset and, consequently, the Series that relates to such Underlying Asset.

Forced sale of Underlying Assets.

The Company may be forced to cause its
various Series to sell one or more of the Underlying Assets (e.g., upon the bankruptcy of the Manager) and such a sale may
occur at an inopportune time or at a lower value than when the Underlying Assets were first acquired or at a lower price than
the aggregate of costs, fees and expenses used to purchase the Underlying Assets. In addition, there may be liabilities related
to the Underlying Assets, including, but not limited to Operating Expenses Reimbursement Obligations on the balance sheet of any
Series at the time of a forced sale, which would be paid off prior to Investors receiving any distributions from a sale.
In such circumstances, the capital proceeds from any Underlying Asset and, therefore, the return available to Investors of the
applicable Series, may be lower than could have been obtained if the Series held the Underlying Asset and sold it at a later
date.

Lack of distributions and return of capital.

The revenue of each Series is expected
to be derived primarily from the use of its Underlying Asset in public events where the Underlying Asset may be exhibited or in
Premium Membership Programs that might be developed.  Premium Membership Programs, however, may not develop with respect
to the Company or any Underlying Asset and there can be no assurance that any Premium Membership Programs will be developed or,
if they are developed, that they will generate sufficient proceeds to cover fees, costs and expenses with respect to any Series. In
the event that the revenue generated in any given year does not cover the Operating Expenses of the applicable Series, the Manager
or the Asset Manager may (a) pay such Operating Expenses and not seek reimbursement, (b) provide a loan to the Series in
the form of an Operating Expenses Reimbursement Obligation, on which the Manager or the Asset Manager may impose a reasonable
rate of interest, and/or (c) cause additional Interests to be issued in the applicable Series in order to cover such
additional amounts.

Any amount paid to the Manager or the Asset
Manager in satisfaction of an Operating Expenses Reimbursement Obligation would not be available to Investors as a distribution.
In the event additional Interests in a Series are issued, Investors in such Series would be diluted and would receive
a smaller portion of distributions from future Free Cash Flows, if any. Furthermore, if a Series or the Company is dissolved,
there is no guarantee that the proceeds from liquidation will be sufficient to repay the Investors their initial investment or
the market value, if any, of the Interests at the time of liquidation. See “Potentially high storage, maintenance and insurance
costs for the Underlying Assets” for further details on the risks of escalating costs and expenses of the Underlying Assets.

Market manipulation or overproduction Market manipulation
may be a risk with the Asset Class.

Market manipulation may be a risk with
the Asset Class. For example, one trading card manufacturer was caught secretly producing examples of hard to find and valuable
cards that were given to its executives. This loss of faith in the company led to a devaluation of the cards involved. Another
example is that a modern football and baseball player is issued many uniforms over the course of a season. The more a team issues,
the less exclusive said item becomes. Also, many players have exclusive contracts with outlets that sell the players game used
uniforms and equipment. There is no way of knowing if a company or player is secretly hoarding items which might be “dumped”
in the market at a later date.

Environmental damage could negatively affect the value
of an Underlying Asset which will result in a material and adverse effect in the value of the related Interests.

Improper storage may lead to the full or
partial destruction of an item. For instance, trading cards, tickets, posters or other paper piece can be destroyed by exposure
to water or moisture. Likewise, equipment such as a bat may warp, or a leather glove may grow mold due to exposure to the elements.
Autographs that are signed with inferior writing instruments or rendered on an unstable substrate may fade or “bleed,”
thereby reducing its value to collectors. Some of the defects may not be initially visible or apparent, for example moisture in
a frame, and may only become visible at a later date, at which point the value of the Underlying Asset and in turn the Series may
be negatively affected.

Potentially high storage and insurance costs for the
Underlying Assets.

In order to protect and care for the Underlying
Assets, the Manager must ensure adequate storage facilities, insurance coverage and, if required, maintenance work. The cost of
care may vary from year to year depending on changes in the insurance rates for covering the Underlying Assets and changes in
the cost of storage for the Underlying Assets, and if required, the amount of maintenance performed. It is anticipated that as
the Company acquires more Underlying Assets, the Manager may be able to negotiate a discount on the costs of storage, insurance
and maintenance due to economies of scale. These reductions are dependent on the Company acquiring a number of Underlying Assets
and service providers being willing to negotiate volume discounts and, therefore, are not guaranteed.

If costs turn out to be higher than expected,
this would impact the value of the Interests related to an Underlying Asset, the amount of distributions made to Investors holding
the Interests, on potential proceeds from a sale of the Underlying Asset (if ever), and any capital proceeds returned to Investors
after paying for any outstanding liabilities, including, but not limited to any outstanding balances under Operating Expenses
Reimbursement Obligation. See “Lack of distributions and return of capital” for further details of the impact of these
costs on returns to Investors.

The general sentiment of underlying fan base may negatively
affect the value of memorabilia.

This is particularly prominent in sports
memorabilia, but also holds true for memorabilia categories such as movie franchises, musicians, and others.

By example, leagues such as the NBA, MLB,
NHL and NFL have a long and reliable fan base. However, events, such as player strikes, general public appeal of a league or a
particular sport, may have an impact on the associated Underlying Assets. For instance, the NHL strike of 1994-1995 caused a loss
of fan interest. Upstart leagues such as the USFL in football may cause an early interest in memorabilia from that league but
may lose interest from lack of success.

Similarly, various forms of Memorabilia
Assets go in and out of favor with collectors. For example, there was a renewed interest in soccer within the United States after
the U.S. team won the Women’s World Cup in 2012. When there were no further victories on the same scale, the value of and
interest in women’s soccer memorabilia generally returned to previous levels.

Risks Related to Ownership of our Interests

Because a market may not develop for interests and
there may be limited distributions of Free Cash Flow, in order for Investors to realize a return, the Underlying Asset in a Series
must be sold for an amount in excess of the price paid for the asset and that pays the expenses associated with ownership and
management of the Underlying Asset by the Series.

As indicated, our Interests are illiquid
and a market may not develop for trading Interests. Also, as described in “Lack of distributions and return of capital,”
there are substantial risks that utilization of the Underlying Assets will not generate cash flow that will be distributable to
Interest holders. Therefore, Interest holders generally will realize their investment return, if any, only upon the sale of the
Underlying Asset and distribution of the proceeds to the Interest holders of that Series. As indicated, there are risks associated
with the valuation of the Underlying Assets as well as the possible fluctuation of their values over time, which could result
in Interest holders receiving less than they originally invested in the Series or, in some cases, a total loss of their investment
if the value of an Underlying Asset decreased substantially and/or there were accrued Operating Expenses for which the Manager
was required to be reimbursed, thereby deleting the amount pf proceeds, if any, available for Series holders.

As an Investor, you will have limited voting rights.

The Manager has a unilateral ability
to amend the Operating Agreement and the allocation policy in certain circumstances without the consent of the Investors. The
Investors only have limited voting rights in respect of the Series of Interests. Investors may not vote on any matter except:
(1) the removal of the Manager; (2) the dissolution of the Company upon the for-cause removal of the Manager, and (3) an amendment
to the Operating Agreement that would:

Investors will therefore be subject
to any amendments the Manager makes (if any) to the Operating Agreement and allocation policy and also any decision it takes in
respect of the Company and the applicable Series, which the Investors do not get a right to vote upon. Investors may not necessarily
agree with such amendments or decisions and such amendments or decisions may not be in the best interests of all of the Investors
as a whole but only a limited number.

Furthermore, the Manager can only be removed
as manager of the Company and each Series in very limited circumstances, following a non-appealable judgment of a court of
competent jurisdiction to have committed fraud in connection with the Company or a Series of Interests. Investors would therefore
not be able to remove the Manager merely because they did not agree, for example, with how the Manager was operating an Underlying
Asset.

The offering price for the Interests determined by
us does not necessarily bear any relationship to established valuation criteria such as earnings, book value or assets that may
be agreed to between purchasers and sellers in private transactions or that may prevail in the market if and when our Interests
can be traded publicly.

The price of the Interests is a derivative
result of our negotiations with Asset Sellers based upon various factors including prevailing market conditions, our future prospects
and our capital structure, as well as certain expenses incurred in connection with the Offering and the acquisition of each Underlying
Asset. These prices do not necessarily accurately reflect the actual value of the Interests or the price that may be realized
upon disposition of the Interests. In fact, the size of each offering (and by necessity, the offering price) generally will be
set as a multiple (between 1.1X and 1.2X) of the purchase price of the Underlying Asset because the excess proceeds over the cost
of the Underlying Asset will be used to pay certain fees and expenses associated with the Offering as well as to pay the cost
of the Underlying Asset.

The Manager has unlimited discretion to issue additional
Interests, which could be for lower than the original offering price are or for no consideration, and which could materially and
adversely affect the value of Interests and result in dilution to Investors.

If additional Interests are issued in
a particular Series, this would dilute the current value of the Interests of that Series held by existing Investors and the
amount of any future distributions payable to such existing Investors. Further, any additional issuance of Interests of a Series could
result in dilution of the holders of that Series. Under the Operating Agreement, the Manager has the authority to cause the Company
to issue Interests to Investors as well as to other Persons for less than the original offering prices (or for no consideration)
and on such terms as the Manager may determine, subject to the terms of the Series Designation applicable to such Series of
Interests, which may result in dilution to Investors. See “DILUTION”.

If a market ever develops for the Interests, the market
price and trading volume of our Interests may be volatile.

If a market develops for the Interests,
the market price of the Interests could fluctuate significantly for many reasons, including reasons unrelated to our performance,
any Underlying Asset or any Series, such as reports by industry analysts, Investor perceptions, or announcements by our competitors
regarding their own performance, as well as general economic and industry conditions. For example, to the extent that other companies,
whether large or small, within our industry experience declines in their share price, the value of Interests may decline as well.

In addition, fluctuations in operating
results of a particular Series or the failure of operating results to meet the expectations of Investors may negatively impact
the price of our securities. Operating results may fluctuate in the future due to a variety of factors that could negatively affect
revenues or expenses in any particular reporting period,  including vulnerability of our business to a general economic downturn;
changes in the laws that affect our operations; competition; compensation related expenses; application of accounting standards;
seasonality; and our ability to obtain and maintain all necessary government certifications or licenses to conduct our business.

Funds from purchasers accompanying subscriptions for
the Interests will not accrue interest while in escrow.

The funds paid by a subscriber for Interests
will be held in a non-interest-bearing escrow account until the admission of the subscriber as an Investor in the applicable Series,
if such subscription is accepted. Purchasers will not have the use of such funds or receive interest thereon pending the completion
of the Offering. No subscriptions will be accepted, and no Interests will be sold unless valid subscriptions for the Offering
are received and accepted prior to the termination of the applicable Offering Period. It is also anticipated that subscriptions
will not be accepted from prospective Investors located in states where the 360 SPORTS is not registered as a broker-dealer. If we terminate
an Offering prior to accepting a subscriber’s subscription, escrowed funds will be returned promptly, without interest or
deduction, to the proposed Investor.

Any dispute in relation to the Operating Agreement is
subject to the exclusive jurisdiction of the Court of Chancery of the State of Delaware, except when federal law requires that
certain claims be brought in federal courts. Our Operating Agreement, to the fullest extent permitted by applicable law, provides
for Investors to waive their right to a jury trial.

Each Investor will covenant and agree not
to bring any claim in any venue other than the Court of Chancery of the State of Delaware, or if required by U.S. federal law,
a U.S. federal court, as in the case of claims brought under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”). Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any
duty or liability created by the Exchange Act or the rules and regulations thereunder. As a result, the exclusive forum provision
will not apply to suits brought to enforce any duty or liability created by the Exchange Act or any other claim for which the
federal courts have exclusive jurisdiction. Furthermore, Section 22 of the Securities Act of 1933, as amended (the “Securities
Act”) creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or liability
created by the Securities Act or the rules and regulations thereunder. As a result, the exclusive forum provisions will not
apply to suits brought to enforce any duty or liability created by the Securities Act or any other claim for which the federal
and state courts have concurrent jurisdiction, and Investors will not be deemed to have waived our compliance with the federal
securities laws and the rules and regulations thereunder.

If an Interest Holder were to bring a claim
against the Company or the Manager pursuant to the Operating Agreement and such claim was governed by state law, it would have
to bring such claim in the Delaware Court of Chancery. Our Operating Agreement, to the fullest extent permitted by applicable
law and subject to limited exceptions, provides for Investors to consent to exclusive jurisdiction to Delaware Court of Chancery
and for a waiver of the right to a trial by jury, if such waiver is allowed by the court where the claim is brought.

If we opposed a jury trial demand based
on the waiver, the court would determine whether the waiver was enforceable based on the facts and circumstances of that case
in accordance with the applicable state and federal law. To our knowledge, the enforceability of a contractual pre-dispute jury
trial waiver in connection with claims arising under the federal securities laws has not been finally adjudicated by the United
States Supreme Court. However, we believe that a contractual pre-dispute jury trial waiver provision is generally enforceable,
including under the laws of the Delaware, which govern our Operating Agreement, by a federal or state court in the State of Delaware,
which has exclusive jurisdiction over matters arising under the Operating Agreement. In determining whether to enforce a contractual
pre-dispute jury trial waiver provision, courts will generally consider whether a party knowingly, intelligently and voluntarily
waived the right to a jury trial.

We believe that this is the case with respect
to our Operating Agreement and our Interests. It is advisable that you consult legal counsel regarding the jury waiver provision
before entering into the Operating Agreement. Nevertheless, if this jury trial waiver provision is not permitted by applicable
law, an action could proceed under the terms of the Operating Agreement with a jury trial. No condition, stipulation or provision
of the Operating Agreement or our Interests serves as a waiver by any Investor or beneficial owner of our Interests or by us of
compliance with the U.S. federal securities laws and the rules and regulations promulgated thereunder. Additionally, the
Company does not believe that claims under the federal securities laws shall be subject to the jury trial waiver provision, and
the Company believes that the provision does not impact the rights of any Investor or beneficial owner of our Interests to bring
claims under the federal securities laws or the rules and regulations thereunder.

These provisions may have the effect of
limiting the ability of Investors to bring a legal claim against us due to geographic limitations and may limit an Investor’s
ability to bring a claim in a judicial forum that it finds favorable for disputes with us. Furthermore, waiver of a trial by jury
may disadvantage an investor to the extent a judge might be less likely than a jury to resolve an action in the investor’s
favor. Further, if a court were to find this exclusive forum provision inapplicable to, or unenforceable in respect of, an action
or proceeding against us, then we may incur additional costs associated with resolving these matters in other jurisdictions, which
could materially and adversely affect our business and financial condition.

ACTUAL AND POTENTIAL
CONFLICTS OF INTEREST

We have identified the following conflicts
of interest that may arise in connection with the Interests, in particular, in relation to the Company, the Manager and the underlying
assets. The conflicts of interest described in this section should not be considered as an exhaustive list of the conflicts of
interest that prospective Investors should consider before investing in the Interests.

Consignors, who may include affiliates of the Company
and the Manager, may set a range of prices at which the Underlying Assets would be sold to the Company – and that price
may not be determined until immediately before the time that an Offering is to close. Persons who consign memorabilia
to the Company may reserve the right (through setting a range of prices that might be acceptable) to establish the price that
the Company will pay for the asset after the Offering begins – either to better determine the market price of the Underlying
Asset (which often is volatile as well as sporadic) or to assess the demand by those seeking to invest in the Underlying Asset
through an investment in the Interest that represent that asset. What that means is that investors may not know, until immediately
prior to a closing, the percentage of Interests (and theoretically, the percentage of an Underlying Asset) that they have acquired.
For example, a consignor could provide that the price it will accept for an asset will be between $50,000 and $100,000, depending
upon market conditions. If units are sold at $20.00 per unit (and assuming no other expenses of the Offering) to raise $50,000
in order to acquire the asset, an Investor who acquired 500 units ($1,000 investment) would acquire 2% of the interests. If, however,
the Company was forced to raise $100,000 to acquire the asset, an Investor who acquired 500 units ($1,000 investment) would acquire
1% of the interests. Although the Company intends to endeavor to determine the appropriate market price for each asset being acquired
(and therefore each Series being issued), these prices are often difficult to determine and, when affiliates of the Company or
the Manager are the consignors, these prices will not be determined on an arms-length basis. In these cases, there will be an
inherent conflict of interest as the affiliates attempt to maximize the amount that the Company pays for the Underlying Asset.
Additionally, the Manager will receive a sourcing fee that is based on a percentage of the price at which the Underlying Asset
is sold to the Company, so the Manager also will have an incentive to increase the price paid for the Underlying Asset. The more
paid by the Company dilutes the percentage ownership of unit holders and also decreases the likelihood of a positive return on
the investment over time.

Our Operating Agreement contains
provisions that reduce or eliminate duties (including fiduciary duties) of the Manager.

Our Operating Agreement
provides that the Manager, in exercising its rights in its capacity as the Manager, will be entitled to consider only such interests
and factors as it desires, including its own interests, and will have no duty or obligation (fiduciary or otherwise) to give any
consideration to any interest of or factors affecting us or any of our investors and will not be subject to any different standards
imposed by our operating agreement, the Delaware Limited Liability Company Act or under any other law, rule or regulation
or in equity. These modifications of fiduciary duties are expressly permitted by Delaware law.

We do not have a conflicts of interest
policy.

The Company, the Manager
and their affiliates will try to balance the Company’s interests with their own.  However, to the extent that such
parties take actions that are more favorable to other entities than the Company, these actions could have a negative impact on
the Company’s financial performance and, consequently, on distributions to Investors and the value of the Interests.
The Company has not adopted, and does not intend to adopt in the future, either a conflicts of interest policy or a conflicts
resolution policy.

Payments from the Company to the
Manager, the Asset Manager and their respective employees or affiliates.

The Manager and the Asset
Manager will engage with, on behalf of the Company, a number of brokers, dealers, Asset Sellers, insurance companies, storage
providers and other service providers and thus may receive in-kind discounts, for example, free shipping or servicing.  In
such circumstances, it is likely that these in-kind discounts may be retained for the benefit of the Manager or the Asset Manager
and not the Company, or may apply disproportionately to other series of interests. The Manager or the Asset Manager may be incentivized
to choose a broker, dealer or Asset Seller based on the benefits they are to receive, or all Series of Interests collectively
are to receive rather than that which is best for the Series.

Members of Manager’s management,
as well as any expert network and Advisory Board members may often be sports memorabilia dealers and brokers themselves and therefore
will be incentivized to sell the Company their own sports memorabilia collectibles at potentially inflated market prices. For
example, each of the first five Series of the Company have, as underlying assets, memorabilia that is has been consigned by Zev
Partners, Inc. (“Zev Partners”) which is wholly-owned by the Epstein Family Trust under agreement dated December 29,
2017 (the “Epstein Trust”), the beneficiaries of which are the immediate family members of Jason Epstein, our President
and founder. Mr. Epstein is the trustee of the Epstein Trust. For each of these assets, the consignment price is set at a range,
which means that the purchase price may not be established until immediately prior to the Closing of the Series and, because it
is not based upon arms-length negotiations, may result in payment of a higher price for the asset than would be the case if the
price were to be established by arms-length negotiations. This would favor Zev Partners rather than the Company and its investors.
Additional information with respect to the purchase and sales prices of each of these assets is set forth in “USE OF PROCEEDS
AND DESCRIPTION OF THE UNDERLYING ASSETS” below. In certain cases, a member of the Advisory Board could be the Asset Seller
and could receive an identification fee for originally locating the asset. In some cases, affiliates of the Manager/Asset Manager
may receive Sourcing and other fees for presenting assets to the Company to purchase on behalf of a Series of Interests.
The Company’s officers and directors also are investors in Collectable Technologies, Inc., which is the sole member of the
Manager/Asset Manager and will benefit, directly or indirectly, by fees paid by the Company or any Series to them, such as sourcing
fees, reimbursement of costs and distributions of Free Cash Flow.

Members of the expert
network and the Advisory Board may also be Investors, in particular, if they are holding Interests acquired as part of a sale
of an Underlying Asset (i.e., as they were the Asset Sellers).  They may therefore promote their own self-interests when
providing advice to the Manager or the Asset Manager regarding an Underlying Asset (e.g., by encouraging the liquidation of such
Underlying Asset so they can receive a return in their capacity as an Investor).

If the Operating Expenses
exceed the revenue from an Underlying Asset and any cash reserves, the Manager has the option to cause the Series to incur
an Operating Expenses Reimbursement Obligation to cover such excess. As interest may be payable on such loan, the Manager may
be incentivized to cause the Series to incur an Operating Expenses Reimbursement Obligation to pay Operating Expenses rather
than look elsewhere for additional sources of income or to repay any outstanding Operating Expenses Reimbursement Obligation as
soon as possible rather than make distributions to Investors. The Manager may also choose to issue additional Interests to pay
for Operating Expenses instead of causing the Company to incur an Operating Expenses Reimbursement Obligation, even if any interest
payable by the Series on any Operating Expenses Reimbursement Obligation may be economically more beneficial to Interest
Holders than the dilution incurred from the issuance of additional Interests.

Potential future brokerage activity.

Either the Manager or
one of its affiliates may in the future register with the Commission as a broker-dealer in order to be able to facilitate liquidity
in the Interests. The Manager, or its affiliates, may be entitled to receive fees based on volume of trading and volatility of
the Interests and such fees may be in excess of what the Asset Manager receives via the Management Fee or the appreciation in
the interests it holds in each series of interests.  Although an increased volume of trading and volatility may benefit Investors
as it will assist in creating a market for those wishing to transfer their Interests, there is the potential that there is a divergence
of interests between the Manager and those Investors, for instance, if the Underlying Asset does not appreciate in value, this
will negatively affect the price of the Interests, but may not adversely affect the profitability related to the brokerage activities
of the Manager (i.e., the Manager would collect brokerage fees whether the price of the Underlying Asset increases or decreases).

The Manager’s ownership of
multiple series of interests may result in conflicts.

The Manager or its affiliates will acquire
interests in each series of interests for their own accounts and may transfer these interests, either directly or through brokers.
While the Manager or its affiliates do not currently intend to transfer these Interests prior to the liquidation of an Underlying
Asset, in the future, they may, from time to time, transfer these interests, either directly or through brokers, or otherwise,
subject to the restrictions of applicable securities laws and filing any necessary amendment to this Offering Circular. Depending
on the timing of the transfers, this could negatively affect the interests held by the Investors (e.g., driving price down because
of supply and demand and over availability of interests).  This ownership in each of the series of interests may result in
a divergence of interests between the Manager and the Investors who hold only one or certain series of interests (e.g., the Manager
or its affiliates, if registered as a broker-dealer with the Commission, may disproportionately market or promote a certain series
of interests, in particular, where they are a significant owner, so that there will be more demand and an increase in the price
of such series of interests).

Allocations of income and expenses
as between series of interests might not be truly proportionate.

The Manager may appoint
a service provider to service the entire collection of the Underlying Assets  (e.g., storage, insurance, maintenance
or media material creation) with respect to a number of sports memorabilia collectibles that comprise the underlying assets.
Although appointing one service provider may reduce cost due to economies of scale, such service provider may not necessarily
be the most appropriate for a particular Underlying Asset (e.g., it may have more experience in servicing other assets or asset
classes).  In such circumstances, the Manager would be conflicted from acting in the best interests of the underlying assets
as a whole or an individual Underlying Asset.

There may be situations
when it is challenging or impossible to accurately allocate income, costs and expenses to a specific series of interests and certain
series of interests may get a disproportionate percentage of the cost or income, as applicable. In such circumstances, the Manager
would be conflicted from acting in the best interests of the Company as a whole or the individual Series.  While we presently
intend to allocate expenses as described in “Description of the Business – Allocations of Expenses”,
the Manager has the right to change this allocation policy at any time without further notice to Investors.

Other Conflicting interests of
the Manager, the Asset Manager and the Investors.

The Manager or its affiliates are obligated
to purchase a minimum of 0.5% of Interests of all offerings, at the same terms as all other Investors. However, the Manager may,
in its sole discretion, acquire additional Interests, at the same terms as all other Investors.  If there is a lack of demand
for Interests in a particular Series during such Series’ initial offering, the Manager in its sole discretion may acquire
(“top-off”) additional Interests (at the same terms as all other Investors) in order for an offering for such Series of
Interests to have a Closing. The Manager will engage in such activity in the future if it reasonably believes at such time this
to be in the best interests of Investors or potential Investors. Such activity may result in a reduced level of liquidity in the secondary trading
market for any Series in which it makes such a decision.

The Manager and the Asset
Manager may receive sponsorship from servicing providers to assist with the servicing of certain Underlying Assets.  If sponsorship
is not obtained for the servicing of an Underlying Asset, the Investors who hold Interests connected to the Underlying Asset requiring
servicing would bear the cost of the fees. The Manager or the Asset Manager may in these circumstances, decide to carry out a
different standard of service on the Underlying Asset to preserve the expenses which arise to the Investors and therefore, the
amount of Management Fee the Asset Manager receives.  The Manager or the Asset Manager may also choose to use certain service
providers because they get benefits from giving them business, which do not accrue to the Investors.

The Manager will determine
whether to liquidate the Underlying Asset, should an offer to acquire the whole Underlying Asset be received. As the Manager,
Asset Manager or their respective affiliates, if registered as a broker-dealer with the Commission, would receive fees on the
trading volume in the Interests connected with an underlying asset, they may be incentivized not to realize such underlying asset
even though Investors may prefer to receive the gains from any appreciation in value of such underlying asset. Furthermore, when
determining to liquidate an underlying asset, the Manager will do so considering all the circumstances at the time, this may include
obtaining a price for an underlying asset that is in the best interests of a substantial majority but not all the Investors.

The Manager may be incentivized
to use more popular Memorabilia Assets at public events, including those that may be a part of any Premium Membership Programs
that are developed as this may generate higher Free Cash Flow to be distributed to the Asset Manager, an affiliate of the Manager,
and Investors in the Series associated with that particular Underlying Asset.  This may lead certain Underlying Assets
to generate lower distributions than the Underlying Assets of other Series of Interests.  The use of Underlying Assets
at the such public events could increase the risk of the Underlying Asset getting damaged and could impact the value of the Underlying
Asset and, as a result, the value of the related Series of Interests.  The Manager may therefore be conflicted when
determining whether to use the Underlying Assets at a public event to generate revenue or limit the potential of damage being
caused to them.

In addition, Collectable Technologies,
Inc., may participate in or conduct activities that one might consider related to an Underlying Asset but for which the Series
might receive little or no compensation. As an example, if a sports celebrity made an appearance at which admission was charged
and a Series owned one or more items of memorabilia associated with that celebrity that were to be exhibited at the event, the
Manager would determine, in its discretion, what payment would be made to the Series to be allowed to exhibit the item. That amount
would not be determined on an arms-length basis and could result in a payment to the Series that did not represent the fair value
of exhibiting the item or in no payment at all. In contrast, if merchandise (e.g., shirts, cups) were produced using the
image of the item, amounts attributable to the sales of that merchandise would be payable to the Series and available, to the
extent determined by the Manager, for distribution as Free Cash Flow. The use of Underlying Assets at the such public events also
could increase the risk, at the potential expense of the holder of Interests, that an Underlying Asset could be damaged and affect
the value of the Underlying Asset and, as a result, the value of the related Series of Interests.  The Manager/Asset
Manager may be conflicted when determining whether to use the Underlying Assets at a public event to generate revenue that might
disproportionately benefit Collectable Technologies, Inc. rather than the Series holders.

The Manager has the ability
to unilaterally amend the Operating Agreement and allocation policy.  As the Manager is party, or subject, to these documents,
it may be incentivized to amend them in a manner that is beneficial to it as manager of the Company or the Series or may
amend it in a way that is not beneficial for all Investors. In addition, the Operating Agreement seeks to limit the fiduciary
duties that the Manager owes to its Investors. Therefore, the Manager is permitted to act in its own best interests rather than
the best interests of the Investors.  See “Description of the Interests Offered” for more information.

Manager’s Fees and Compensation

None of the compensation
set forth under “Compensation of the Manager” was determined by arms’ length negotiations. Investors must rely
upon the duties of the Manager of good faith and fair dealing to protect their interests, as qualified by the Operating Agreement. While
the Manager believes that the consideration is fair for the work being performed, there can be no assurance made that the compensation
payable to the Manager will reflect the true market value of its services.

Fees for arranging events or monetization
in addition to the Management Fee.

As the Manager will acquire
a percentage of each series of interests, it may be incentivized to attempt to generate more earnings with those underlying assets
owned by those series of interests in which it holds a greater stake.

Although we currently have no plans
to develop a liquidity platform that would allow trading in the Interests, were we to do so, any profits generated from such a
platform (e.g., through advertising and from issuing additional interest in underlying assets) and from issuing additional Interests
in Underlying Assets will be for the benefit of the Manager and Asset Manager ((e.g., Sourcing Fees) and, therefore, Collectable
Technologies, Inc and its investors. In order to increase its revenue stream, the Manager may therefore be incentivized to issue
additional series of interests and acquire more underlying assets rather than focus on monetizing any underlying assets already
held by existing series of interests.

Conflicts between the Advisory Board
and the Company.

The Operating Agreement
of the Company provides that the resolution of any conflict of interest approved by the Advisory Board shall be deemed fair and
reasonable to the Company and the Members and not a breach of any duty at law, in equity or otherwise.  As part of the remuneration
package for Advisory Board members, they may receive an ownership stake in the Manager. This may incentivize the Advisory Board
members to make decisions in relation to the underlying assets that benefit the Manager rather than the Company.

As a number of the Advisory
Board members are in the sports memorabilia collectibles industry, they may seek to sell collectibles to, acquire collectibles
from, or service collectibles owed by, the Company.

Conflicts between the Legal Counsel,
the Company and the Collectable Parties.

The counsel of the Company
(“Legal Counsel”) is also counsel to the Manager, the Asset Manager and their respective affiliates and may serve
as counsel with respect to other series of interests (collectively, the “Collectable Parties”).  Because Legal
Counsel represents both the Company and the Collectable Parties, certain conflicts of interest exist and may arise. To the extent
that an irreconcilable conflict develops between the Company and any of the Collectable Parties, Legal Counsel may represent the
Collectable Parties and not the Company or the Series. Legal Counsel may, in the future, render services to the Company or the
Collectable Parties with respect to activities relating to the Company as well as other unrelated activities.  Legal Counsel
is not representing any prospective Investors of any Series Interests in connection with this Offering and will not be representing
the members of the Company other than the Manager, although the prospective Investors may rely on the opinion of legality of Legal
Counsel provided as Exhibit 12.1. Prospective Investors are advised to consult their own independent counsel with respect
to the other legal and tax implications of an investment in any Series that we offer.

Our affiliates’ interests in other Collectable
Parties.

The officers and directors of Collectable
Technologies, Inc., which is the sole member of the Manager and as well as the Asset Manager for the Company, are also officers
and directors and/or key professionals of other Collectable Parties. These persons have legal obligations with respect to those
entities that are similar to their obligations to us. As a result of their interests in other Collectable Parties, their obligations
to other investors and the fact that they engage in and will continue to engage in other business activities on behalf of themselves
and others, they will face conflicts of interest in allocating their time among us and other Collectable Parties and other business
activities in which they are involved. These separate entities all require the time and consideration of Collectable Technologies,
Inc. and affiliates, potentially resulting in an unequal division of resources to all Collectable Parties. However, we believe
that Collectable Technologies, Inc. has sufficient professionals to fully discharge all responsibilities to the Company and each
Series.

DILUTION

Dilution means a reduction in value,
control or earnings of the Interests the Investor owns.  There will be no dilution to any Investors associated with any Offering.
However, from time to time, additional Interests in the Series offered under this Offering Circular may be issued in order
to raise capital to cover the applicable Series’ ongoing operating expenses. See “Description of the Business –
Operating Expenses” for further details. Also, as described above in “ACTUAL AND POTENTIAL CONFLICTS OF INTEREST,”
percentage ownership dilution can occur when the price to be paid for an Underlying Asset is paid by the Company at the higher
rather than the lower price when the price has been stated to be a range to be agreed upon (which could be the case in the event
of a consignment). In addition, the Operating Agreement gives the Manager the authority to cause the Company to issue Interests
to Investors as well as to other Persons for less than the original offering price (or for no consideration) and on such terms
as the Manager may determine, subject to the terms of the Series Designation applicable to such Series of Interests,
which may result in dilution to Investors.

The Manager must acquire
a minimum of 0.5% of the Interests (which may be through acceptance of Interests in satisfaction of all or a portion of the fees
that may be due the Manager) in connection with any Offering, however, the Manager, in its sole discretion, may acquire greater
than 0.5% of the Interests in any Offering. In all circumstances, the Manager or its affiliated purchase will pay the price per
share offered to all potential Investors hereunder.

USE OF PROCEEDS
AND DESCRIPTIONS OF UNDERLYING ASSETS

The following pages describe the use of proceeds and
the Underlying Assets for the five Series currently being offered by the Company. As additional Memorabilia Assets are located
and marketed by the Company or, as the final prices for any of the Underlying Assets are established, this Offering Circular will
be amended or supplemented, as appropriate.

SERIES #RUTHGEHRIGBALL

1930’s dual signed baseball by Babe
Ruth & Lou Gehrig

Use of Proceeds – SERIES #RUTHGEHRIGBALL

The following illustrates the estimated use of proceeds
of this Offering (including from Series #RUTHGEHRIGBALL Interests acquired by the Manager) if approximately $76,500 (within
the range of $61,875 and $101,250) is raised in this Offering and if the Cash Portion of the Asset Cost is $68,000 (within the
range established by Zev Partners of $55,000 and $90,000):

On the date listed in the Series Detail
Table below, the Company entered into the agreement listed in the Series Detail Table regarding the Series with the
Asset Seller for the Cash Portion of the Asset Cost listed in the Use of Proceeds Table.

Upon the closing of the Offering, proceeds from the sale
of the Series Interests will be distributed to the account of the Series. The Series will complete the agreement and
pay the Asset Seller the amounts listed in the Series Detail Table. At that time, the Series will own a 100% interest in
the Underlying Asset.

In addition to the costs of acquiring the
Underlying Asset, proceeds from the Series Offering will be used to pay the following, listed in the Series Detail Table
and the Use of Proceeds Table above (i) the Brokerage Fee to the 360 SPORTS, (ii) the Offering Expenses (iii) the Acquisition
Expenses, including but not limited to the items described in the Use of Proceeds Table above, except as to the extent that Acquisition
Expenses are lower than anticipated, any overage will be maintained in an operating account for future Operating Expenses, and
(iv) the cash portion of the Sourcing Fee to the Manager as consideration for assisting in the sourcing of the Series. Of
the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table will remain
in the operating account of the Series for future Operating Expenses.

The allocation of the net proceeds of this
Series Offering set forth above, represents our intentions based upon our current plans and assumptions regarding industry
and general economic conditions, our future revenues and expenditures. The amounts and timing of our actual expenditures will
depend upon numerous factors, including market conditions, cash generated by our operations, business developments, and related
rate of growth. The Manager reserves the right to modify the use of proceeds based on the factors set forth above. The Company
is not expected to keep any of the proceeds from the Series Offering. The Series is expected to keep Cash on the Series Balance
Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering for future Operating Expenses.
In the event that less than the Maximum Series Interests are sold in connection with the Series Offering, the Manager
may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses and may waive the Sourcing
Fee.

DESCRIPTION OF #RUTHGEHRIGBALL

Investment Overview

Asset Description

Overview and authentication

Notable Features:

Notable Defects:

The underlying asset shows signs of wear
consistent with its age and condition grade from PSA/DNA and Beckkett.

Depreciation

The Company treats Memorabilia and Collectibles
assets as collectible and therefore will not depreciate or amortize the Series Ruth and Gehrig Signed Ball going forward.

SERIES #JORDANBGS9.5

1986-1987 Fleer #57 Rookie Card of Michael
Jordan

Use of Proceeds – SERIES #JORDANBGS9.5

The following illustrates the estimated
use of proceeds of this Offering (including from Series #JORDANBG9.5 Interests acquired by the Manager) if approximately
$62,100 (within the range of $51,750 and $161,000) is raised in this Offering and if the Cash Portion of the Asset Cost is $54,000
(within the range established by Zev Partners of $45,000 and $140,000) :

Cash Proceeds
Uses

Cash
Portion of the Asset Cost
$54,000

86.96%Broker Dealer
& Escrow (1)
$2,110

3.40%Legal
$1,250

2.01%Marketing &
Re-Authentication
$1,000

1.61%Offering Expenses
$1,070

1.72%Acquisition Expenses
(Insurance, Maintenance, Transport) (2)
$400

0.64%Sourcing Fee
(cash portion)
$1,080

1.74%Total Fees
and Expenses
$6,910

11.13%Cash on Series Balance
Sheet (including Manager’s portion of Sourcing Fee used to acquire Interests)
$1,190

1.92%Total Proceeds
$62,100

100%

On the date listed in the Series Detail
Table below, the Company entered into the agreement listed in the Series Detail Table regarding the Series with the
Asset Seller for the Cash Portion of the Asset Cost listed in the Use of Proceeds Table.

Upon the closing of the Offering, proceeds
from the sale of the Series Interests will be distributed to the account of the Series. The Series will complete the
agreement and pay the Asset Seller the amounts listed in the Series Detail Table. At that time, the Series will own a 100%
interest in the Underlying Asset.

In addition to the costs of acquiring the
Underlying Asset, proceeds from the Series Offering will be used to pay the following, listed in the Series Detail Table
and the Use of Proceeds Table above (i) the Brokerage Fee to the 360 SPORTS, (ii) the Offering Expenses, (iii) the Acquisition
Expenses, including but not limited to the items described in the Use of Proceeds Table above, except as to the extent that Acquisition
Expenses are lower than anticipated, any overage will be maintained in an operating account for future Operating Expenses, and
(iv) the cash portion of the Sourcing Fee to the Manager as consideration for assisting in the sourcing of the Series. Of
the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table will remain
in the operating account of the Series for future Operating Expenses.

The allocation of the net proceeds of this
Series Offering set forth above, represents our intentions based upon our current plans and assumptions regarding industry
and general economic conditions, our future revenues and expenditures. The amounts and timing of our actual expenditures will
depend upon numerous factors, including market conditions, cash generated by our operations, business developments, and related
rate of growth. The Manager reserves the right to modify the use of proceeds based on the factors set forth above. The Company
is not expected to keep any of the proceeds from the Series Offering. The Series is expected to keep Cash on the Series Balance
Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering for future Operating Expenses.
In the event that less than the Maximum Series Interests are sold in connection with the Series Offering, the Manager
may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses and may waive the Sourcing
Fee.

Description of SERIES #JORDANBGS9.5

Investment Overview

Asset Description

Overview and authentication

Notable Features:

Notable Defects:

The underlying asset shows signs of wear consistent with its
age and condition grade from Beckkett.

Depreciation

The Company treats Memorabilia and Collectibles assets as collectible
and therefore will not depreciate or amortize the Series #JORDANBGS9.5 going forward.

SERIES #CURRYBASKET

2009-2010 Stephen Curry National Treasure Rookie Card AND
2009-2010 Tops Gold and Base Stephen Curry Rookie Cards

Use of Proceeds – SERIES #CURRYBASKET

The following illustrates the estimated
use of proceeds of this Offering (including from Series #CURRYBASKET Interests acquired by the Manager) if approximately
$38,775 (within the range of $34,075 and $76,375) is raised in this Offering and if the Cash Portion of the Asset Cost is $33,000
(within the range established by Zev Partners of $29,000 and $65,000):

Cash Proceeds
Uses

Cash
Portion of the Asset Cost
$33,000

85.11%Broker Dealer
& Escrow (1)
$1,881

4.85%Legal
$1,250

3.22%Marketing &
Re-Authentication
$700

1.81%Offering Expenses
$500

1.29%Acquisition Expenses
(Insurance, Maintenance, Transport) (2)
$300

0.77%Sourcing Fee
(cash portion)
$660

1.710%Total Fees
and Expenses
$5,291

13.65%Cash on Series Balance
Sheet (including Manager’s portion of Sourcing Fee used to acquire Interests)
$484

1.25%Total Proceeds
$38,775

100%

On the date listed in the Series Detail
Table below, the Company entered into the agreement listed in the Series Detail Table regarding the Series with the
Asset Seller for the Cash Portion of the Asset Cost listed in the Use of Proceeds Table.

Upon the closing of the Offering, proceeds
from the sale of the Series Interests will be distributed to the account of the Series. The Series will complete the
agreement and pay the Asset Seller the amounts listed in the Series Detail Table. At that time, the Series will own a 100%
interest in the Underlying Asset.

In addition to the costs of acquiring the
Underlying Asset, proceeds from the Series Offering will be used to pay the following, listed in the Series Detail Table
and the Use of Proceeds Table above (i) the Brokerage Fee to the 360 SPORTS, (ii) the Offering Expenses, (iii) the Acquisition
Expenses, including but not limited to the items described in the Use of Proceeds Table above, except as to the extent that Acquisition
Expenses are lower than anticipated, any overage will be maintained in an operating account for future Operating Expenses, and
(iv) the cash portion of the Sourcing Fee to the Manager as consideration for assisting in the sourcing of the Series. Of
the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table will remain
in the operating account of the Series for future Operating Expenses.

The allocation of the net proceeds of this
Series Offering set forth above, represents our intentions based upon our current plans and assumptions regarding industry
and general economic conditions, our future revenues and expenditures. The amounts and timing of our actual expenditures will
depend upon numerous factors, including market conditions, cash generated by our operations, business developments, and related
rate of growth. The Manager reserves the right to modify the use of proceeds based on the factors set forth above. The Company
is not expected to keep any of the proceeds from the Series Offering. The Series is expected to keep Cash on the Series Balance
Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering for future Operating Expenses.
In the event that less than the Maximum Series Interests are sold in connection with the Series Offering, the Manager
may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses and may waive the Sourcing
Fee.

Description of SERIES #CURRYBASKET

Investment Overview

Asset Description

Overview and authentication

Notable Features:

Notable Defects:

The underlying assets show signs of
wear consistent with their age and condition grade from PSA, SGC and SGC, respectively.

Depreciation

The Company treats Memorabilia and Collectibles
assets as collectible and therefore will not depreciate or amortize the Series #CURRYBASKET going forward.

SERIES #LEBRONROOKIE

2003 SP Authentic Lebron James Rookie Card

Use of Proceeds – SERIES #LEBRONROOKIE

The following illustrates the estimated
use of proceeds of this Offering (including from Series #LEBRONROOKIE Interests acquired by the Manager) if approximately
$36,000 (within the range of $30,000 and $96,000) is raised in this Offering and if the Cash Portion of the Asset Cost is $30,000
(within the range established by Zev Partners of $25,000 and $80,000):

Cash Proceeds
Uses

Cash
Portion of the Asset Cost
$30,000

83.33%Broker Dealer
& Escrow (1)
$1,854

5.15%Legal
$1,250

3.47%Marketing &
Re-Authentication
$630

1.75%Offering Expenses
$500

1.39%Acquisition
Expenses (Insurance, Maintenance, Transport) (2)
$300

0.83%Sourcing Fee
(cash portion)
$600

1.67%Total Fees
and Expenses
$5,134

14.26%Cash on Series Balance
Sheet (including Manager’s portion of Sourcing Fee used to acquire Interests)
$866

2.41%Total Proceeds
$36,000

100%

On the date listed in
the Series Detail Table below, the Company entered into the agreement listed in the Series Detail Table regarding the
Series with the Asset Seller for the Cash Portion of the Asset Cost listed in the Use of Proceeds Table.

Upon the closing of the Offering, proceeds
from the sale of the Series Interests will be distributed to the account of the Series. The Series will complete the
agreement and pay the Asset Seller the amounts listed in the Series Detail Table. At that time, the Series will own a 100%
interest in the Underlying Asset.

In addition to the costs
of acquiring the Underlying Asset, proceeds from the Series Offering will be used to pay the following, listed in the Series Detail
Table and the Use of Proceeds Table above (i) the Brokerage Fee to the 360 SPORTS, (ii) the Offering Expenses, (iii) the
Acquisition Expenses, including but not limited to the items described in the Use of Proceeds Table above, except as to the extent
that Acquisition Expenses are lower than anticipated, any overage will be maintained in an operating account for future Operating
Expenses, and (iv) the cash portion of the Sourcing Fee to the Manager as consideration for assisting in the sourcing of
the Series. Of the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table
will remain in the operating account of the Series for future Operating Expenses.

The allocation of the
net proceeds of this Series Offering set forth above, represents our intentions based upon our current plans and assumptions
regarding industry and general economic conditions, our future revenues and expenditures. The amounts and timing of our actual
expenditures will depend upon numerous factors, including market conditions, cash generated by our operations, business developments,
and related rate of growth. The Manager reserves the right to modify the use of proceeds based on the factors set forth above.
The Company is not expected to keep any of the proceeds from the Series Offering. The Series is expected to keep Cash
on the Series Balance Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering
for future Operating Expenses. In the event that less than the Maximum Series Interests are sold in connection with the Series Offering,
the Manager may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses and may waive
the Sourcing Fee.

DESCRIPTION OF #LEBRONROOKIE

Investment Overview

Asset Description

Overview and authentication

Notable Features:

Notable Defects:

The underlying asset shows signs of wear
consistent with its age and condition grade from Beckett.

Depreciation

The Company treats Memorabilia and Collectibles
assets as collectible and therefore will not depreciate or amortize the Series #LEBRONROOKIE going forward.

SERIES
#KAWHIBASKET

2012 Panini Prizm PSA 10 Kawhi Leonard
Rookie Cards – 30x

Use of Proceeds – SERIES #KAWHIBASKET

The following illustrates the estimated
use of proceeds of this Offering (including from Series #KAWHIBASKET Interests acquired by the Manager) if approximately
$33,600 (within the range of $18,000 and $108,000) is raised in this Offering and if the Cash Portion of the Asset Cost is $28,000
(within the range established by Zev Partners of $15,000 and $90,000):

Cash Proceeds
Uses

Cash
Portion of the Asset Cost
$28,000

83.33%Broker Dealer
& Escrow (1)
$1,830

5.45%Legal
$1,250

3.72%Marketing &
Re-Authentication
$280

0.83%Offering Expenses
$600

1.79%Acquisition
Expenses (Insurance, Maintenance, Transport) (2)
$300

.89%Sourcing Fee
(cash portion)
$560

1.67%Total Fees
and Expenses
$4,820

14.35%Cash on Series Balance
Sheet (including Manager’s portion of Sourcing Fee used to acquire Interests)
$780

2.32%Total Proceeds
$33,600

100%

On the date listed in
the Series Detail Table below, the Company entered into the agreement listed in the Series Detail Table regarding the
Series with the Asset Seller for the Cash Portion of the Asset Cost listed in the Use of Proceeds Table.

Upon the closing of the Offering, proceeds
from the sale of the Series Interests will be distributed to the account of the Series. The Series will complete the
agreement and pay the Asset Seller the amounts listed in the Series Detail Table At that time, the Series will own a 100%
interest in the Underlying Asset.

In addition to the costs
of acquiring the Underlying Asset, proceeds from the Series Offering will be used to pay the following, listed in the Series Detail
Table and the Use of Proceeds Table above (i) the Brokerage Fee to the 360 SPORTS, (ii) the Offering Expenses, (iii) the
Acquisition Expenses, including but not limited to the items described in the Use of Proceeds Table above, except as to the extent
that Acquisition Expenses are lower than anticipated, any overage will be maintained in an operating account for future Operating
Expenses, and (iv) the cash portion of the Sourcing Fee to the Manager as consideration for assisting in the sourcing of
the Series. Of the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table
will remain in the operating account of the Series for future Operating Expenses.

The allocation of the
net proceeds of this Series Offering set forth above, represents our intentions based upon our current plans and assumptions
regarding industry and general economic conditions, our future revenues and expenditures. The amounts and timing of our actual
expenditures will depend upon numerous factors, including market conditions, cash generated by our operations, business developments,
and related rate of growth. The Manager reserves the right to modify the use of proceeds based on the factors set forth above.
The Company is not expected to keep any of the proceeds from the Series Offering. The Series is expected to keep Cash
on the Series Balance Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering
for future Operating Expenses. In the event that less than the Maximum Series Interests are sold in connection with the Series Offering,
the Manager may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses and may waive
the Sourcing Fee.

DESCRIPTION OF #KAWHIBASKET

Investment Overview

Asset Description

Overview and authentication

Notable Features:

Notable Defects:

The underlying asset shows signs of wear
consistent with its age and condition grade from PSA.

Depreciation

The Company treats Memorabilia and Collectibles assets as collectible
and therefore will not depreciate or amortize the Series #KAWHIBASKET going forward.

MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

This discussion
and analysis and other parts of this offering statement contain forward-looking statements based upon current beliefs, plans and
expectations that involve risks, uncertainties and assumptions. Our actual results may differ materially from those anticipated
in these forward-looking statements as a result of various factors, including those set forth under “Risk Factors”
or in other parts of this offering circular.

Since its formation in January 2020,
the Company has been engaged primarily in identifying and acquiring a collection of Underlying Assets. The Company plans to finance
the acquisitions through various methods:

At the time of this filing, the Company
has entered into the agreements described in “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING ASSETS” above, but for
the avoidance of doubt, neither the Company nor any Series has commenced operations, are not capitalized and have no assets
or liabilities and no Series will commence operations, be capitalized or have assets and liabilities until such time as a
closing related to such Series has occurred.

In addition, the Manager has been engaged
in developing the financial, offering and other materials to begin offering Interests in the Company’s Series.

We are devoting substantially all our
efforts to establishing our business and planned principal operations will commence at the time of the launch of the Offering
for Series Interests described. As such, and because of the start-up nature of the Company’s and the Manager’s
business, the reported financial information once the Company or any Series is capitalized and has assets or liabilities,
will likely not be indicative of future operating results or operating conditions. Because of our corporate structure, we are
in large part reliant on the Manager/Asset Manager, its affiliates and employees of its owner, Collectable Technologies, Inc.,
to grow and support our business. While the officers and directors of Collectable Technologies have some similar management experience,
their experience is limited, and they have no experience selecting or managing assets in the Asset Class.

There are a number of key factors that
will have large potential impacts on our operating results going forward including the Manager/Asset Manager’s ability to:

We have not yet generated any revenues
and do not anticipate doing so until early 2021, if at all. We have not launched or completed any initial offerings to date but
expect to commence offerings during the second or third quarters of 2020.

At the time of this filing, none of the
Company nor any Series has commenced operations, are not capitalized and have no assets or liabilities and no Series will
commence operations, be capitalized or have assets and liabilities until such time as a closing related to such Series has
occurred. All assets and liabilities related to these Series that have been incurred to date and will be incurred until the
Closings of the respective Offerings are the responsibility of the Company or the Manager and responsibility for any assets or
liabilities related to any Underlying Assets will not transfer to each Series until such time as a Closing for each Series has
occurred. At the time of this filing, the Company is not capitalized and does not have any assets or liabilities.

Historical Investment in Series Assets

We plan to provide investment opportunities
in Underlying Assets to Investors. At the time of this filing, we entered into the agreements described in “USE OF PROCEEDS
AND DESCRIPTION OF UNDERLYING ASSETS” above. At the time of this filing, there have been no other investments.

Liquidity and Capital Resources

From inception, the Company and each
Series are expected to finance their business activities through capital contributions or other financing from the Manager/Asset
Manager (or its affiliates) to the Company and each individual Series. The Company and each Series expect to continue to
have access to ample capital financing from the Manager going forward. Until such time as a Series has the capacity to generate
cash flows from operations, the Manager may cover any deficits through additional capital contributions or the issuance of additional
Interests in any individual Series. In addition, parts of the proceeds of future offerings may be used to create reserves for
future Operating Expenses for individual Series at the sole discretion of the Manager. At the time of this filing, no capital
contributions have been to the Company or any Series.

In the future, the Company may incur financial
obligations related to loans made to the Company by officers of the Manager, affiliates of the Manager or third-party lenders.
Each Series will repay any loans plus accrued interest used to acquire its Underlying Asset with proceeds generated from
the Closing of the Offering of such Series. No Series will have any obligation to repay a loan incurred by the Company to
purchase an Underlying Asset for another Series. At the time of this filing, no financial obligations have been incurred by the
Company or any Series.

Plan of Operations

The Company plans to launch approximately
25 to 50 offerings in the next twelve months. We expect to launch Offerings for the Series to which the Offering Circular
relates in the second or third quarter of 2020, with additional Series onwards. The proceeds from any offerings closed during
the next twelve months will be used to acquire additional Underlying Assets, which we anticipate will enable the Company to reduce
Operating Expenses for each Series as we negotiate better contracts for storage, insurance and other operating expenses with
a larger collection of assets.

We also intend to develop a Premium Membership
Programs (as described in “Description of the Business – Business of the Company”), which we anticipate
will allow Investors to gain access to expert collector consultations, exclusive benefits, discounted access to events and more.
No such Premium Membership Programs have been developed to date and we do not expect to develop such programs until 2021.

We do not anticipate generating enough
revenues in fiscal year 2020 from any Premium Membership Programs that might be developed, or otherwise, to cover any of the Operating
Expenses for any Series of Interests closed in fiscal year 2020.  See “Description of the Business – Operating
Expenses” for additional information regarding the payment of Operating Expenses.

PLAN OF DISTRIBUTION
AND SUBSCRIPTION PROCEDURE

Plan of distribution

We are managed by the Manager, CS Asset
Manager, LLC a single-member LLC owned by Collectable Technologies, Inc.. CS Asset Manager, LLC also acts as the Asset Manager.
Neither the Manager/Asset Manager nor any other affiliated entity involved in the offer and sale of the Interests is a member
firm of the Financial Industry Regulatory Authority, Inc., or FINRA, and no person associated with us will be deemed to be
a broker solely by reason of his or her participation in the sale of the Interests.

The sale of the Interests is being facilitated
by the 360 SPORTS, which is a registered broker-dealer under the Exchange Act and member of FINRA and is registered in each state where
the offer and sales of the Interests will occur. Interests may not be offered or sold in states where the 360 SPORTS is not registered
as a broker-dealer.

With respect to the Interests:

Neither the 360 SPORTS, nor any other entity,
receives a finder’s fee or any underwriting or placement agent discounts or commissions in relation to any Offering of Interests.

Each of the Offerings is being conducted
under Regulation A under the Securities Act and therefore, only offered and sold to “qualified purchasers”. For further
details on the suitability requirements an Investor must meet in order to participate in these Offerings, see “Plan of
Distribution and Subscription Procedure – Investor Suitability Standards”. As a Tier 2 offering pursuant to Regulation
A under the Securities Act, these Offerings will be exempt from state law “Blue Sky” registration requirements, subject
to meeting certain state filing requirements and complying with certain antifraud provisions, to the extent that our Interests
are offered and sold only to “qualified purchasers” or at a time when our Interests are listed on a national securities
exchange. It is anticipated that sales of securities will only be made in states where the 360 SPORTS is registered.

The initial offering price for each Series of
Interests is equal to the aggregate of (i) the purchase price of the applicable Underlying Asset, (ii) the fees and
expenses associated with the Offering (including the Brokerage Fee, the Acquisition Expenses, and the Sourcing Fee (in each case
as described below), plus an amount in each case to be retained on the Series balance sheet, divided by the number of membership
Interests sold in each Offering. The initial offering price for a particular Series is a fixed price and will not vary based
on demand by Investors or potential investors. In some cases, the Manager and its affiliates may agree to pay and not seek
reimbursement for certain expenses associated with an Offering. There is no commitment on the part of the Manager and its affiliates,
however, to do so.

There will be different closing dates
for each Offering. The Closing of an Offering will occur on the earliest to occur of (i) the date subscriptions for the Total
Maximum Interests for a Series have been accepted or (ii) a date determined by the Manager in its sole discretion, provided
that subscriptions for the Total Minimum Interests of such Series have been accepted. If Closing has not occurred, an Offering
shall be terminated upon the earlier of: (i) the date which is one year (which period may be extended with respect to a particular
Series by an additional six months by the Manager in its sole discretion) from the date this Offering Circular is qualified
by the Commission; or (ii) any date on which the Manager elects to terminate the Offering in its sole discretion.

In the case of each Series designated
with a purchase option agreement in the “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING ASSETS” above, the Company
has independent purchase option agreements to acquire the individual Underlying Assets, which it plans to exercise upon the closing
of the individual Offering. These individual purchase option agreements may be further extended past their initial expiration
dates and in the case a Series Offering does not close on or before its individual expiration date, or if we are unable to
negotiate an extension of the purchase option, the individual Offering will be terminated.

This Offering Circular does not constitute
an offer or sale of any Series of Interests outside of the U.S.

Those persons who want to invest in the
Interests must sign a Subscription Agreement, which will contain representations, warranties, covenants, and conditions customary
for private placement investments in limited liability companies, see “How to Subscribe” below for further
details.

Each Series of Interests will be issued
in book-entry form without certificates. Upon signing of the Custody Agreement, Interests will be transferred into a custodial
account, created by the Custodian for each Investor, upon the Closing of the applicable Offerings. All Investors who previously
purchased Interests in Offerings of the Company, ongoing or closed, would be required to opt in to allow the creation of a custodial
account for them before Interests can be transferred

The initial offering price for each
Series of Interests is equal to the aggregate of (i) the purchase price of the applicable Underlying Asset, (ii) the
fees and expenses associated with the Offering (including the Brokerage Fee, the Acquisition Expenses, and the Sourcing Fee (in
each case as described below), plus an amount in each case to be retained on the Series balance sheet, divided by the number
of membership Interests sold in each Offering. The initial offering price for a particular Series is a fixed price and will
not vary based on demand by Investors or potential investors; however, the number of units sold in each case may fluctuate, based
primarily upon the ultimate price of the Underlying Asset. In some cases, the Manager and its affiliates may agree to pay
and not seek reimbursement for certain expenses associated with an Offering. There is no commitment on the part of the Manager
and its affiliates, however, to do so.

Investor Suitability Standards

The Interests are being offered and sold
only to “qualified purchasers” (as defined in Regulation A under the Securities Act) include: (i) “accredited
investors” under Rule 501(a) of Regulation D and (ii) all other investors so long as their investment in
any of the Interests of the Company (in connection with this Series or any other Series offered under Regulation A)
does not represent more than 10% of the greater of their annual income or net worth (for natural persons), or 10% of the greater
of annual revenue or net assets at fiscal year-end (for non-natural persons). We reserve the right to reject any investor’s
subscription in whole or in part for any reason, including if we determine in our sole and absolute discretion that such investor
is not a “qualified purchaser” for purposes of Regulation A.

For an individual potential investor to
be an “accredited investor” for purposes of satisfying one of the tests in the “qualified purchaser” definition,
the investor must be a natural person who has:

If the investor is not a natural person,
different standards apply. See Rule 501 of Regulation D for more details. For purposes of determining whether a potential
investor is a “qualified purchaser”, annual income and net worth should be calculated as provided in the “accredited
investor” definition under Rule 501 of Regulation D. In particular, net worth in all cases should be calculated excluding
the value of an investor’s home, home furnishings and automobiles.  The Interests will not be offered or sold to prospective
Investors subject to the Employee Retirement Income Security Act of 1974 and regulations thereunder, as amended (“ERISA”).

If you live outside the United States,
it is your responsibility to fully observe the laws of any relevant territory or jurisdiction outside the United States in connection
with any purchase, including obtaining required governmental or other consent and observing any other required legal or other
formalities.

Our Manager and the 360 SPORTS, in its capacity
as broker of record for these Offerings, will be permitted to make a determination that the subscribers of Interests in each Offering
are “qualified purchasers” in reliance on the information and representations provided by the subscriber regarding
the subscriber’s financial situation. Before making any representation that your investment does not exceed applicable federal
thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A. For general information on investing, we
encourage you to refer to http://www.investor.gov.

An investment in our Interests may involve
significant risks. Only Investors who can bear the economic risk of the investment for an indefinite period of time and the loss
of their entire investment should invest in the Interests. See “Risk Factors.”

Minimum and Maximum Investment

The minimum subscription by an Investor
in an Offering is one (1) Interest and the maximum subscription by any Investor in any Offering is for Interests representing
10% of the total Interests of the Series, where such maximum subscription limit may be waived for an Investor by the Manager in
its sole discretion. Such limits do not apply to the Manager and/or affiliates of the Manager. The Manager and/or its affiliates
must purchase a minimum of 0.5% of Interests of each Series at the Closing of its each Offering. The Manager may purchase
greater than 0.5% of Interests of any Series (including in excess of 10% of any Series) at the applicable Closing, in its
sole discretion.

Lock-up Period

Upon the Closing of an Offering for a particular
Series, a 90-day lock-up period will commence from the day of the Closing, before Interests in the particular Series may
be transferred by any Investor in such Series.

Broker

Pursuant to a broker-dealer services
agreement dated as of November 19, 2019, as amended as of February 12, 2020, between Collectable.com, Inc. and
360 Sports, Inc. (360 SPORTS, INC.), a Delaware corporation (“North Capital” or “360 SPORTS”)
(as amended, the “Services Agreement”), 360 SPORTS, INC. will serve as broker of record for the Company’s Regulation A offerings.
The Services Agreement, as further amended, effective April 27, 2020, has been assigned to the Company. The 360 SPORTS will perform
the following technology and compliance services in connection with the sale of the Interests as a broker-of-record:

The 360 SPORTS is a broker-dealer registered with
the Commission and a member of the FINRA and the SIPC and is registered in each state where the Offerings and sale of the Interests
will occur but will not act as a finder, placement agent or underwriter in connection with these Offerings. The 360 SPORTS will receive
a Brokerage Fee but will not purchase or solicit the purchase of any Interests and, therefore, will not be eligible to receive
any finder’s fees or any underwriting or placement agent discounts or commissions in connection with any Offering of Interests.
In addition, we have agreed to reimburse the 360 SPORTS for certain other expenses.

The Services Agreement will remain in
effect for a period ending on the final closing of the Offering for a Series of Interests for which the 360 SPORTS acts as broker-of-record.

A copy of the Services Agreement is
filed with the Commission as an exhibit to this Offering.

Custodian

The company currently expects to engage
either a transfer agent or a Custodian to hold the accounts into which Interests in the Company’s offerings are anticipated
to be transferred upon the closing of each of the Company’s offerings (as amended, the “Custody Agreement”).
It is anticipated that the Custodian will receive a Custody Fee but will not purchase any Interests and, therefore, will not be
eligible to receive any discounts, commissions or any underwriting or finder’s fees in connection with any Offering.

Escrow Agent

The escrow agent is North Capital Private
Securities Corporation (360 SPORTS, INC.), a Delaware corporation (the “Escrow Agent”), who will be appointed pursuant to an escrow
agreement among the 360 SPORTS, the Escrow Agent, and the Company, on behalf of the Series (the “Escrow Agreement”).
Each Series will generally be responsible for fees due to the Escrow Agent, which are categorized as part of the Offering
Expenses described in the “Fees and Expenses” section below; however, the Manager has agreed to pay and not be reimbursed
for fees due to the Escrow Agent incurred in the case of the Offerings for the Series offered as of the date of this offering
circular. As stated above, however, there is no commitment on the part of the Manager or its affiliates to pay these expenses
in future Series offerings. The Company and the 360 SPORTS must jointly and severally indemnify the Escrow Agent and each of its
officers, directors, employees and agents against any losses that are incurred in connection with providing the services under
the Escrow Agreement other than losses that arise out of the Escrow Agent’s gross negligence or willful misconduct. A copy
of the Escrow Agreement is attached hereto.

Fees and Expenses

Offering Expenses Each Series of Interests
will generally be responsible for certain fees, costs and expenses incurred in connection with the offering of the interests associated
with that Series (the “Offering Expenses”). Offering Expenses consist of legal, accounting, escrow, filing, banking,
compliance costs and custody fees, as applicable, related to a specific offering (and excludes ongoing costs described in Operating
Expenses). The Manager has agreed to pay and not be reimbursed for Offering Expenses incurred with respect to the Offerings for
the Series detailed in the “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING ASSETS” section of this Offering Circular,
except in the case of Custody Fees, which are funded through the proceeds of the respective Offerings at Closing. As stated
above, for these Offerings, the Manager and its affiliates have agreed to pay and not seek reimbursement for the Offering Expenses.
There is no commitment on the part of the Manager and its affiliates, however, to pay these expenses in future Series offerings.

As compensation for providing certain custodian
services to the Company, the Custodian is expected to receive a fee equal not to exceed 0.75% of the amount raised through each
Offering (the “Custody Fee”). Each Series of interests will be responsible for paying its own Custody Fee to
the Custodian upon signing of anticipated Custody Agreement, in connection with the sale of interests in such Series, except if
otherwise stated for a particular Series. The anticipated  Custody Fee will be payable from the proceeds of such Offering.
For all Offerings closed prior to the signing of the Custody Agreement, the Manager will retroactively pay the Custodian the Custody
Fee upon transfer of Interests related to such Offerings into the accounts created for each Interest Holder by the Custodian.

Acquisition Expenses

Each Series of Interests will be responsible
for any and all fees, costs and expenses incurred in connection with the evaluation, discovery, investigation, development and
acquisition of the Underlying Asset related to such Series incurred prior to the Closing, including brokerage and sales fees
and commissions (but excluding the Brokerage Fee), appraisal fees, research fees, transfer taxes, third party industry and due
diligence experts, bank fees and interest (if the Underlying Asset was acquired using debt prior to completion of an offering),
auction house fees, travel and lodging for inspection purposes, transportation costs to transfer the Underlying Asset from the
Asset Seller’s possession to the storage facility or to locations for creation of photography and videography materials
(including any insurance required in connection with such transportation), initial refurbishment or maintenance, and photography
and videography expenses in order to prepare a profile for the Underlying Asset to be used in marketing the Series (the “Acquisition
Expenses”). The Acquisition Expenses will be payable from the proceeds of each offering.

Brokerage Fee

As compensation for providing certain
broker-dealer services to the Company, the 360 SPORTS will receive a fee equal to 1.00% of the gross proceeds of each Offering plus an
amount equal to 7.5% of the gross proceeds of all series Offerings until such time as a the 360 SPORTS has received $10,000 in the aggregate
for all series Offerings; thereafter, with respect to each series Offering, the 360 SPORTS receives 7.5% of the gross proceeds of each
series Offering until such a time as 360 SPORTS, INC. has received $1,000 in the aggregate for each such series Offering. Each Series of
interests will be responsible for paying its own Brokerage Fee to the 360 SPORTS in connection with the sale of interests in such Series,
except if otherwise stated for a particular Series. The Broker also shall receive reimbursements for out-of-pocket expenses incurred
in performance of the services under the Services Agreement. These reimbursements are not to exceed $50,000 in the aggregate in
connection with the Offerings.

In addition to the Brokerage Fees, the
Manager pays North Capital Investment Technology (NCIT), the parent company of the Broker, a monthly administrative fee of $500
for technology tools to facilitate the offering of securities. Our Manager will also pay NCIT a one-time installation and setup
fee of $2,500. These fees are capped at $100,000 for each Offering.

The Broker will monitor all compensation,
from any source, and will ensure that its total compensation for each Offering, and all Offerings, does not exceed 8% of the total
offering proceeds, in the aggregate.

Sourcing Fee

The Manager will be paid the Sourcing
Fee, which in respect of each Offering, shall not exceed the amounts described in the “USE OF PROCEEDS AND DESCRIPTION OF
UNDERLYING ASSETS” section of this Offering Circular (or any supplement or amendment in the event of future Offerings) and
in respect of any other offering, such amount as determined by the Manager at the time of each Offering, which may exceed the
Sourcing Fee being charged in the current Offerings.

Additional Information Regarding this Offering Circular

We have not authorized anyone to provide
you with information other than as set forth in this Offering Circular. Except as otherwise indicated, all information contained
in this Offering Circular is given as of the date of this Offering Circular. Neither the delivery of this Offering Circular nor
any sale made hereunder shall under any circumstances create any implication that there has been no change in our affairs since
the date hereof.

From time to time, we may provide an “Offering
Circular Supplement” that may add, update or change information contained in this Offering Circular. Any statement that
we make in this Offering Circular will be modified or superseded by any inconsistent statement made by us in a subsequent Offering
Circular Supplement. The Offering Statement we filed with the Commission includes exhibits that provide more detailed descriptions
of the matters discussed in this Offering Circular. You should read this Offering Circular and the related exhibits filed with
the Commission and any Offering Circular Supplement, together with additional information contained in our annual reports, semiannual
reports and other reports and information statements that we will file periodically with the Commission.

The Offering Statement and all amendments,
supplements and reports that we have filed or will file in the future can be read on the Commission website at www.sec.gov or
in the legal section for the applicable Underlying Asset at our website www.metaversesportsleague.com. The contents of the website are not
incorporated by reference in or otherwise a part of this Offering Circular.

How to Subscribe

Potential Investors who are “qualified
purchasers” may subscribe to purchase Interests in the Series.

The subscription process for each Offering
is a separate process. Any potential Investor wishing to acquire any Series Interests must:

By executing the Subscription Agreement,
you agree to be bound by the terms of the Subscription Agreement and the Operating Agreement. The Company, the Manager and the
360 SPORTS will rely on the information you provide in the Subscription Agreement, including the “Investor Qualification and Attestation”
attached thereto and the supplemental information you provide in order for the Manager and the 360 SPORTS to verify your status as a
“qualified purchaser”. If any information about your “qualified purchaser” status changes prior to you
being issued Series Interests, please notify the Manager immediately using the contact details set out in the Subscription
Agreement.

For further information
on the subscription process, please contact the Manager using the contact details set out in the “Where to Find Additional
Information” section.

The subscription funds
advanced by prospective investors as part of the subscription process will be held in a non-interest-bearing account with the
Escrow Agent and will not be commingled with the Series of Interests’ operating account, until if and when there is
a Closing for a particular Offering with respect to that Investor. When the Escrow Agent has received instructions from the Manager
or the 360 SPORTS that an Offering will close, and the Investor’s subscription is to be accepted (either in whole or part), then
the Escrow Agent shall disburse such Investor’s subscription proceeds in its possession to the account of the applicable
Series. If an Offering is terminated without a Closing, or if a prospective Investor’s subscription is not accepted or is
cut back due to oversubscription or otherwise, such amounts placed into escrow by prospective Investors will be returned promptly
to them without interest or deductions. Any costs and expenses associated with a terminated offering will be borne by the Manager.

DESCRIPTION OF THE
BUSINESS

Overview

The collectible sports memorabilia market,
a multi-billion-dollar industry is characterized by: (i) a small number of collectors who have the financial means to acquire
and financially benefit from blue chip sports assets and (ii) a large number of sports memorabilia enthusiasts who have equivalent
knowledge and passion for such assets, but with limited or no current mechanisms to benefit financially from or enjoy certain
benefits of ownership of the Asset Class in the highest value segment. This dichotomy and the disproportionate access to
the upper-end of the market have resulted in the creation of significant latent demand from the enthusiast community to participate
more meaningfully in an asset class that, to date, they have passively watched deliver returns to a select group of individual
collectors.  Furthermore, those who can afford ownership of blue chip memorabilia assets are often faced with purchasing
barriers such as: high fees and minimums from auction houses and gatekeepers, lack of transparency from sellers/dealers, questionable
authentication of items, asset hoarding by collectors, and even poor discoverability and filterability from established marketplaces.
Simply put, the costs of investing in this asset class are high and transaction volumes are low with few options for liquidity,
resulting in longer holding periods. As a result, the opportunity to build wealth in this Asset Class remains largely inaccessible
to most.

Metaverse Sports League, Inc. is our solution
to this problem. In creating fractional ownership investment opportunities for collectibles, we aim to provide accessibility,
enhanced security, increased socialization and community, and a fully regulated approach to memorabilia ownership.

We plan to target the acquisition of Underlying
Assets ranging in price anywhere from $25,000 to $7,000,000. Our mission is to democratize wealth accumulation by providing access,
liquidity and transparency within the memorabilia asset class.

Market Opportunity

Collectable Sports Assets LLC will predominantly
focus on the blue-chip sports memorabilia niche. According to proprietary research and cross-referenced with study conducted by
Charles River Ventures, the United States sports memorabilia market amounts to $5.4 billion annually, including total gross merchandise
value [GMV] from eBay, independent auction houses, online retail venues, and other sources.  Excluded in the calculation
were anything relating to sports apparel or mass-produced sports items that may be confused with unique memorabilia. The calculation
also does not include the value of modern sports cards, a conservative approach that may be amended due to the valuations of contemporary
sports memorabilia stabilizing and improving in recent years.

As recently as 2017, the following statistics
provided a view of the sports memorabilia breakdown:

The collectible sports memorabilia market
is opaque and fragmented. We believe there is a significant opportunity for any company that can develop a platform to make the
market more liquid and transparent for investors of all means and backgrounds, and thus increase participation in the asset class
overall.

According to Forbes and Boxes CEO Richard
Engel, there are over 200 million collectors of varying types worldwide, and 33% collectors either currently own or have previously
owned at least one sports collectible in their lifetimes. As such, the overall market on trading cards and sports memorabilia
could reach 67 million people.

We expect the sports collectibles market
to grow and present unique opportunities moving forward as a result of demand stemming from investors looking for an uncorrelated
alternative asset class and an increase in global wealth. We believe that the sports collectibles market is well-positioned to
drive growth in the upcoming years.

Furthermore, demand for sports collectibles
continues to accumulate. Despite deemed “the most populist of passion assets”, the bulk of the wealth in the industry
centers around the domestic baby boomers. Yet, the sports collectibles industry continues to experience tailwinds from millennial
and foreign buyers. According to the Wall Street Journal, millennial and members of Generation Z are attracted to sports memorabilia
because their familiarity with sports makes collecting “more digestible as a passion and hobby.” Foreign buyers have
been jumping into the market due to the proliferation and success of international sports stars, such as Yao Ming of China and
Luka Doncic of Slovenia.

We believe the overall macroeconomic environment
remains favorable for high performing alternative asset classes, including art and collectibles. Interest rates are expected to
remain moderate (albeit rising) across most developed economies and returns in traditional asset classes such as stocks and investment
grade bonds may remain volatile. In addition to the increased transparency generally across alternative asset classes, we believe
that these factors will support the trend for investors to seek returns in alternative assets, which are expected to continue
to make these a more permanent component of investment strategies broadly.

Mission

The Company’s mission is to leverage
technology and design, modern business models influenced by the sharing economy, and advancements in the financial regulatory
environment to democratize the Asset Class. The Company aims to provide enthusiasts with access to the market by enabling them
to create a diversified portfolio of equity interests in the highest quality Memorabilia Assets through a seamless investment
experience. As well, Investors will have the opportunity to participate in a unique collective ownership experience,
including museum/retail locations and social events, as part of the Premium Membership Programs that we intend to develop. The
objective is to use revenue generated from these Premium Membership Programs to fund the highest caliber of care for the Underlying
Assets in the collection, which we expect ultimately to be offset by meaningful economies of scale in the form of lower costs
for collection level insurance, maintenance contracts and storage facilities, and to generate Free Cash Flow distributions to
equity Investors in the Underlying Assets.  The Manager may maintain Free Cash Flow funds in a deposit account or an investment
account for the benefit of the Series.

Collectors and dealers interested in selling
their Underlying Assets will benefit from greater liquidity, significantly lower transaction costs and overhead, and a higher
degree of transparency as compared to traditional methods of transacting the Underlying Assets. Auction and consignment models
may include upwards of ~20% of asset value in transaction costs, as well as meaningful overhead in terms of asset preparation,
shipping and marketing costs, and time value. The Company thus aims to align the interests of buyers and sellers, while opening
up the market to a significantly larger number of participants than was previously possible, thereby driving market appropriate
valuations and greater liquidity.

Business of the Company

The Interests represent an investment in
a particular Series and thus indirectly the Underlying Asset and do not represent an investment in the Company or the Manager
generally. We do not anticipate that any Series will own any assets other than the Underlying Asset associated with such
Series. However, we expect that the operations of the Company, including the issuance of additional Series of Interests and
their acquisition of additional assets, will benefit Investors by enabling each Series to benefit from economies of scale
and by allowing Investors to enjoy the Company’s Underlying Asset collection through Premium Membership Programs that we
intend to develop.

We anticipate that the Company’s
core competency will be the identification, acquisition, marketing and management of Memorabilia Assets for the benefit of the
Investors. The Company, with the support of the Manager and its affiliates, aims to provide:

We believe that a core principle of
sports memorabilia asset collecting should be the enjoyment of the assets. As such, one of the goals of the Premium Membership
Programs will be to operate the asset profitably (i.e., generate revenues in excess of Operating Expenses through the Premium
Membership Programs within mandated usage guidelines) while maintaining exemplary maintenance standards to support the potential
generation of financial returns for Investors in each Series. The Premium Membership Programs, with appropriate controls and incentives,
and active monitoring by the Manage/Asset Manager, should enable a highly differentiated and enjoyable shared collecting experience
while providing for premium care for assets in the Company’s collection. To the extent the Manager/Asset Manager consider
it beneficial to Investors, we plan to include all the Underlying Assets, in the sole discretion of the Manager, in any Premium
Membership Programs that we develop. Our objective is to become a leading marketplace for investing in collector quality Memorabilia
Assets and to provide Investors with financial returns commensurate with returns in the Asset Class, to enable deeper and more
meaningful participation by Memorabilia Asset enthusiasts in the hobby, to provide experiential and social benefits comparable
to those of a world-class Memorabilia Asset collector, and to manage the collection in a manner that provides exemplary care to
the assets and offers potential returns for Investors.

Competition

Although the Company’s business model
is somewhat new to the memorabilia and collectibles industry, there is potentially significant competition for the Underlying
Assets, which the Company securitizes through its offerings, from many different market participants. While the majority of transactions
continue to be peer-to-peer with very limited public information, other market players such as memorabilia and collectibles dealers
and auction houses continue to play an increasing role.

Most of our current and potential competitors
in the memorabilia and collectibles industry, such as dealers and auction houses, have significantly greater financial, marketing
and other resources than we do and may be able to devote greater resources sourcing the Underlying Assets that the Company competes
for. In addition, almost all of these competitors, in particular the auction houses, have longer operating histories and greater
name recognition than we do and are focused on a more established business model.

There are also other start-up models around
shared ownership of memorabilia and collectibles, developing in the industry, which will result in additional competition for
Underlying Assets, including models which securitize ownership through the regulated securities market.

With the continued increase in popularity
of the memorabilia and collectibles market, we expect competition for the Underlying Assets to intensify in future. Increased
competition may lead to increased memorabilia and collectibles prices, which will reduce the potential value appreciation that
Interest Holders may be able to achieve by owning Interests in the Company’s Offerings and will decrease the number of high-quality
assets the Company can securitize.

In addition, there are companies that are
developing crowd funding models for other alternative asset classes such as race horses, art or wine, who may decide to enter
the memorabilia and collectibles as well.

Customers

We target the broader U.S. memorabilia
and collectibles enthusiast and the 83.1 million U.S. millennial market (based on 2015 figures by the U.S. Census Bureau) as our
key customer bases. The customers of the Company are the Investors in each Series that has closed an Offering. As of the
date of this filing, the Company has not closed any Offerings.

Manager

The Operating Agreement designates the
Manager as the managing member of the Company. The Manager will generally not be entitled to vote on matters submitted to the
Interest Holders. The Manager will not have any distribution, redemption, conversion or liquidation rights by virtue of its status
as the Manager.

The Operating Agreement further provides
that the Manager, in exercising its rights in its capacity as the managing member, will be entitled to consider only such interests
and factors as it desires, including its own interests, and will have no duty or obligation (fiduciary or otherwise) to give any
consideration to any interest of or factors affecting the Company, any Series of Interests or any of the Interest Holders
and will not be subject to any different standards imposed by the Operating Agreement, the LLC Act or under any other law, rule or
regulation or in equity. In addition, the Operating Agreement provides that the Manager will not have any duty (including any
fiduciary duty) to the Company, any Series or any of the Interest Holders.

In the event the Manager resigns as managing
member of the Company, the holders of a majority of all Interests of the Company may elect a successor managing member. Holders
of Interests in each Series of the Company have the right to remove the Manager as manager of the Company, by a vote of two-thirds
of the holders of all Interests in each Series of the Company (excluding the Manager), in the event the Manager is found
by a non-appealable judgment of a court of competent jurisdiction to have committed fraud in connection with a Series of
Interests or the Company. If so convicted, the Manager shall call a meeting of all of the holders of every Series of Interests
within 30 calendar days of such non-appealable judgment at which the holders may vote to remove the Manager as manager of the
Company and each Series. If the Manager fails to call such a meeting, any Interest Holder will have the authority to call such
a meeting. In the event of its removal, the Manager shall be entitled to receive all amounts that have accrued and are due and
payable to it. If the holders vote to terminate and dissolve the Company (and therefore the Series), the liquidation provisions
of the Operating Agreement shall apply (as described in “Description of the Interests Offered – Liquidation Rights”).
In the event the Manager is removed as manager of the Company, it shall also immediately cease to be manager of any Series.

See “Management” for
additional information regarding the Manager.

Advisory Board

The Manager has assembled an Advisory Board
to assist the Manager in identifying and acquiring the Underlying Assets, to assist the Asset Manager in managing the Underlying
Assets and to advise the Manager and certain other matters associated with the business of the Company and the various Series of
Interests.

The members of the Advisory Board are not
managers or officers of the Company or any Series and do not have any fiduciary or other duties to the Interest Holders of
any Series.  See “MANAGEMENT – Advisory Board.”

Operating Expenses

Operating Expenses are allocated to each
Series based on the Companies allocation policy (see “Allocation of Expenses” below). Each Series is only
responsible for the Operating Expenses associated with such Series, as determined by the Manager in accordance with the allocation
policy, and not the Operating Expenses related to any other Series. Upon the Closing of an Offering for a Series, the Series will
be responsible for the following costs and expenses attributable to the activities of the Company related to the Series:

The Manager/Asset Manager has agreed
to pay and not be reimbursed for Operating Expenses incurred prior to the Closing of any of the Series detailed in this offering
circular. The Manager/Asset Manager will bear its own expenses of an ordinary nature, including all costs and expenses on account
of rent (other than for storage of the Underlying Asset), supplies, secretarial expenses, stationery, charges for furniture, fixtures
and equipment, payroll taxes, remuneration and expenses paid to employees and utilities expenditures (excluding utilities expenditures
in connection with the storage of the Underlying Assets).

If the Operating Expenses for a particular
Series exceed the amount of revenues generated from the Underlying Asset of such Series and cannot be covered by any
Operating Expense reserves on the balance sheet of the Series, the Manager/Asset Manager may (a) pay such Operating Expenses
and not seek reimbursement, (b) loan the amount of the Operating Expenses to the Series, on which the Manager/Asset Manager
may impose a reasonable rate of interest, and be entitled to reimbursement of such amount from future revenues generated by the
Underlying Asset related to such Series (an “Operating Expenses Reimbursement Obligation(s)”), and/or (c) cause
additional Interests to be issued in the Series in order to cover such additional amounts.

Indemnification of the Manager and its affiliates

The Operating Agreement provides that none
of the Manager, or its affiliates, the Asset Manager, nor any current or former directors, officers, employees, partners, shareholders,
members, controlling persons, agents or independent contractors of the Manager, members of the Advisory Board, nor persons acting
at the request of the Company in certain capacities with respect to other entities (collectively, the “Indemnified Parties”)
will be liable to the Company, any Series or any Interest Holders for any act or omission taken by the Indemnified Parties
in connection with the business of the Company or any Series that has not been determined in a final, non-appealable decision
of a court, arbitrator or other tribunal of competent jurisdiction to constitute fraud, willful misconduct or gross negligence.

Each Series will indemnify the Indemnified
Parties out of its assets against all liabilities and losses (including amounts paid in respect of judgments, fines, penalties
or settlement of litigation, including legal fees and expenses) to which they become subject by virtue of serving as Indemnified
Parties with respect to the Company or the applicable Series and with respect to any act or omission that has not been determined
by a final, non-appealable decision of a court, arbitrator or other tribunal of competent jurisdiction to constitute fraud, willful
misconduct or gross negligence.

Description of the Asset Management Agreement

Each Series has entered or intends
to enter into a separate asset management agreement with the Manager to act in the capacity of Asset Manager. The Series referenced
in the “USE OF PROCEEDS AND DESCRIPTION OF UNDERLYING ASSETS” section of this Offering Circular, will each appoint
the Asset Manager to manage the respective Underlying Assets pursuant to the Asset Management Agreement. The services provided
by the Asset Manager will include:

– Together with members of the Advisory
Board, creating the asset maintenance policies for the collection of assets;

– Investigating, selecting, and, on behalf
of the applicable Series, engaging and conducting business with such persons as the Asset Manager deems necessary to ensure the
proper performance of its obligations under the Asset Management Agreement, including but not limited to consultants, insurers,
insurance agents, maintenance providers, storage providers and transportation providers and any and all persons acting in any
other capacity deemed by the Asset Manager necessary or desirable for the performance of any of the services under the Asset Management
Agreement; and

– Developing standards for the transportation
and care of the Underlying Assets. The Asset Management Agreement entered with each Series will terminate on the earlier
of: (i) one year after the date on which the relevant Underlying Asset related to a Series has been liquidated and the
obligations connected to the Underlying Asset (including contingent obligations) have been terminated, (ii) the removal of
the Manager as managing member of the Company (and thus all Series of Interests), (iii) upon notice by one party to
the other party of a party’s material breach of the Asset Management Agreement, or (iv) such other date as agreed between
the parties to the Asset Management Agreement.

Each Series will indemnify the Asset
Manager out of its assets against all liabilities and losses (including amounts paid in respect of judgments, fines, penalties
or settlement of litigation, including legal fees and expenses) to which they become subject by virtue of serving as Asset Manager
under the Asset Management Agreement with respect to any act or omission that has not been determined by a final, non-appealable
decision of a court, arbitrator or other tribunal of competent jurisdiction to constitute fraud, willful misconduct or gross negligence.

Management Fee

As consideration for managing each Underlying
Asset, the Asset Manager will be paid a semi-annual Management Fee pursuant to the Asset Management Agreement, equal to up to
50% of any available Free Cash Flow generated by a Series for such six-month period. The Management Fee will only become
payable if there are sufficient proceeds to distribute Free Cash Flow to the Interest Holders.

Asset Selection

Each of the assets that we offer will be
sourced by our expert investment committee and will satisfactorily meet our four BASE criteria: Benchmarks, Authenticity,
Significance, Earnings Potential. For each criterion, we will examine the following factors:

It is our objective to acquire a diverse
collection of top tier sports collectibles. We will pursue investments opportunistically whenever we can leverage our industry-specific
knowledge, unique sourcing angle or our relationships to bring compelling investment opportunities to investors. We aim to acquire
only the highest of caliber assets and to appropriately maintain, monitor and manage the collection for continued value appreciation
and to enable respectful enjoyment and utilization by the investors and potential lessees.

We anticipate that our Advisory Board will
assist in the identification of Underlying Assets and in finding and identifying storage, maintenance specialists and other related
service providers. This will give the Company access to the highest quality assets and balanced information and decision making
from information collected across a diverse set of constituents in the Asset Class, as well as a network of partners to ensure
the highest standards of care for the Underlying Assets.

Our asset selection criteria were established
by the Manager/Asset Manager and in the future with the consultation of members of the Company’s Advisory Board and are
continually influenced by Investor demand and current industry trends. The criteria are subject to change from time to time in
the sole discretion of the Manager. Although we cannot guarantee positive investment returns on the Underlying Assets we acquire,
we endeavor to select assets that are projected to generate positive return on investment, primarily based upon the asset’s
value appreciation potential as well as value preservation potential. The Manager/Asset Manager, with guidance from the members
of the Company’s Advisory Board, will endeavor to only select assets with known ownership history, certificates of authenticity,
and highest possible quality grades, to the extent that such metrics exist in a particular sub-sector (e.g. trading cards) and
other related records. The Manager/Asset Manager, with guidance from members of the Company’s Advisory Board, also considers
the condition of the assets, historical significance, ownership history and provenance, the historical valuation of the specific
asset or comparable assets and our ability to relocate the asset to offer tangible experiences to Investors. The Manager/Asset
Manager, with guidance from members of the Company’s Advisory Board, will review asset selection criteria at least annually.
The Manager/Asset Manager, intends to seek approval from the Advisory Board for any major deviations from these criteria.

Through the Company’s network,
the Manager/Asset Manager and Advisory Board, we believe that we will be able to identify and acquire Underlying Assets of the
highest quality and known provenance, as well as examples of potential “future classics,” and obtain proprietary access
to limited production runs, with the intent of driving returns for Investors in the Series of Interests that owns the applicable
asset. We aim to bring together a significantly larger number of potential buyers with Asset Sellers than traditional auction
houses or dealers are able to achieve. Through this process, we believe we can source and syndicate Underlying Assets more efficiently
than the traditional method in the Asset Class and with significantly lower transaction and holding costs.

Asset Acquisition

The Company plans to acquire Underlying
Assets through various methods:

In the case where an Underlying Asset is
acquired prior to the launch or closing, as the case may be, of the offering process for the related Series, the proceeds from
the associated offering, net of any Brokerage Fee, Offering Expenses or other Acquisition Expenses or Sourcing Fee, may be used,
in whole or in part, to reimburse the Company for the acquisition of the Underlying Asset or repay any loans made to the Company,
plus applicable interest, to acquire such Underlying Asset.

Sometimes, rather than pre-purchasing an
Underlying Asset before the Closing of an Offering, the Company may negotiate with Asset Sellers for the exclusive right to market
an Underlying Asset to Investors for a period of time (the “Exclusivity Period”). The Company plans to achieve this
by pre-negotiating a purchase price (or desired amount of liquidity) and entering into an asset purchase agreement or a purchase
option agreement with an Asset Seller for an Underlying Asset, which would close simultaneously upon the closing of the offering
of Interests in the Series associated with that Underlying Asset. Then, upon Closing a successful Offering, the Asset Seller
would be compensated with a combination of cash proceeds from the offering and, if elected, equity ownership in the Series associated
with the Underlying Asset (as negotiated in the agreement for such Underlying Asset).

Additional details on the acquisition method
for each Underlying Asset can be found in the “Use of Proceeds and Description of Underlying Assets” section
for each respective Series.

Asset Liquidity

The Company intends to hold and manage
all of the assets indefinitely. Liquidity for Investors would be obtained by transferring their Interests in a Series, although
there is not currently a secondary market for any Series of Interests and there can be no assurances that one will develop
or that appropriate registrations to permit secondary trading, as the case may be, will ever be obtained. However, should an offer
to liquidate an Underlying Asset materialize and be in the best interest of the Investors, as determined by the Manager, the Manager,
with guidance from the Advisory Board will consider the merits of such offers on a case-by-case basis and potentially sell the
asset. Furthermore, should an Underlying Asset become obsolete (e.g., due to lack Investor demand for its Interests) or suffer
from a catastrophic event, the Manager may choose to sell the asset. As a result of a sale under any circumstances, the Manager
would distribute the proceeds of such sale (together with any insurance proceeds in the case of a catastrophic event covered under
the asset’s insurance contract) to the Interest Holders of the applicable Series (after payment of any accrued liabilities
or debt, including but not limited to balances outstanding under any Operating Expenses Reimbursement Obligation, on the Underlying
Asset or of the Series at that time).

Facilities

The Manager intends to operate the Company
and manage the collection in a manner that will focus on the ongoing security of all Underlying Assets. The Manager will store
the Underlying Assets, along with other assets, in a professional facility and in accordance with standards commonly expected
when managing Memorabilia Assets of equivalent value and always as recommended by the Advisory Board.

The Manager/Asset Manager is located
at 244 5th Avenue, New York, NY 10001 and presently has no employees. Collectable Technologies,
Inc. presently has no full-time employees and three part-time contractors. The Company has no employees.

Legal Proceedings

None of the Company, any Series, the
Manager/Asset Manager or any director or executive officer of the Manager/Asset Manager is presently subject to any material legal
proceedings.

Allocation of Expenses

To the extent relevant, Offering Expenses,
Acquisition Expenses, Operating Expenses, revenue generated from Underlying Assets and any indemnification payments made by the
Company will be allocated amongst the various Series in accordance with the Manager’s allocation policy, a copy of
which is available to Investors upon written request to the Manager. The allocation policy requires the Manager to allocate items
that are allocable to a specific Series to be borne by, or distributed to (as applicable), the applicable Series of
Interests. If, however, an item is not allocable to a specific Series but to the Company in general, it will be allocated
pro rata based on the value of Underlying Assets or the number of Underlying Assets, as reasonably determined by the Manager or
as otherwise set forth in the allocation policy. By way of example, as of the date hereof it is anticipated that revenues and
expenses will be allocated as follows:

Notwithstanding the foregoing, the Manager may revise and update
the allocation policy from time to time in its reasonable discretion without further notice to the Investors. For example, and
as stated above, for these Offerings, the Manager and its affiliates have agreed to pay and not seek reimbursement for the Offering
Expenses. There is no commitment on the part of the Manager and its affiliates, however, to pay these expenses in future Series offerings.

MANAGEMENT

Manager

The Manager of the Company will be CS Asset
Manager, LLC, a Delaware limited liability company formed on February 14, 2020.

The Company operates under the direction
of the Manager, which is responsible for directing the operations of our business, directing our day-to-day affairs, and implementing
our investment strategy. Collectable Technologies, Inc., the sole member of the Manager, has established a Board of Directors
that will make decisions with respect to all asset acquisitions, dispositions and maintenance schedules, with guidance from the
Advisory Board. The Manager and the officers and directors of the Manager/Asset Manager are not required to devote all of their
time to our business and are only required to devote such time to our affairs as their duties require. The Manager is responsible
for determining maintenance required in order to maintain or improve the asset’s quality, determining how to monetize the
Underlying Assets in order to generate profits and evaluating potential sale offers, which may lead to the liquidation of a Series.

The Company will follow guidelines adopted
by the Manager and implement policies set forth in the Operating Agreement unless otherwise modified by the Manager. The Manager
may establish further written policies and will monitor our administrative procedures, investment operations and performance to
ensure that the policies are fulfilled. The Manager may change our objectives at any time without approval of Interest Holders.
The Manager itself has no track record and is relying on the experience of the individual officers, directors and advisors of
Collectable Technologies, Inc..

The Manager performs its duties and responsibilities
pursuant to our Operating Agreement. The Manager maintains a contractual, as opposed to a fiduciary relationship, with us and
our Interest Holders. Furthermore, we have agreed to limit the liability of the Manager and to indemnify the Manager against certain
liabilities.

Responsibilities of the Manager

The responsibilities of the Manager include:

Asset Sourcing and Disposition Services:

Services in Connection with an Offering:

Asset Monetization Services:

Administrative Services:

Responsibilities of the Asset Manager

The responsibilities of the Manager in its capacity as the
Asset Manager include:

Asset Sourcing and Disposition Services:

Executive Officers, Directors and Key Employees of the Manager

The following individuals constitute
the Board of Directors, executive management and significant employees of the Collectable Technologies, Inc., the sole member
of the Manager/Asset Manager:

Background of Officers of the Manager

The following is a brief summary of the background of each
director and executive officer of the Manager:

Jason Epstein. Mr. Epstein is a serial
entrepreneur and co-founder of Collectable Technologies, Inc. (successor to the assets and liabilities of Collectable.com, Inc.),
the ultimate parent organization to Collectable Sports Assets LLC and the Manager. Collectable provides sports collectors access
to historical auction pricing and real-time data on current auctions. With over 2 million historical sales dating back to 1999
and over two dozen auction house customers, we believe that Collectable publishes one of the broadest and most comprehensive data
set of historical prices and active auction listings in the industry.

Ezra Levine. Mr. Levine is a seasoned public
and private markets investor and operator. Mr. Levine has served as the Chief Strategy Officer and Chief Financial Officer
of The Spring League, the premier developmental league and scouting event for professional football talent since 2017. He also
served as Portfolio Manager at Hilltop Park Associates, a hedge fund, managing investments in the Sports, Media, Entertainment
and Consumer industries. He also has served as an advisor and consultant to numerous businesses. He holds a B.A. from the University
of Michigan in American Studies and an MBA from NYU Stern School of Business with a concentration in General Management and Finance.

Ross Schimel – Mr. Schimel is the
Co-Founder and Managing Partner of FuturesMedia. Prior, he served as a Portfolio Manager at Diamondback Capital hedge fund and
former head of JNK Securities Energy Division. Schimel graduated from the University of Michigan and is a CFA Charter Holder.

There are no arrangements or understandings known to us pursuant
to which any director was or is to be selected as a director or nominee. There are no agreements or understandings for any executive
officer or director to resign at the request of another person and no officer or director is acting on behalf of nor will any
of them act at the direction of any other person.

There are no family relationships between
any director, executive officer, person nominated or chosen to become a director or executive officer or any significant employee.

Advisory Board

Responsibilities of the Advisory Board

We expect to form an Advisory Board
that can support the Company, the Manager/Asset Manager and consist of members of our expert network and additional advisors to
the Manager. We plan to build the Advisory Board over time and are in advanced discussions with various experts in the Asset Class.
We anticipate that the Advisory Board will review the Company’s relationship with, and the performance of, the Manager,
and generally approve the terms of any material or related-party transactions. In addition, we anticipate that the Advisory Board
will assist with, and make recommendations with respect to, the following:

The resolution of any conflict of interest
approved by the Advisory Board shall be conclusively deemed fair and reasonable to the Company and the Members and not a breach
of any duty at law, in equity or otherwise. The members of the Advisory Board will not be managers or officers of the Company,
the Manager/Asset Manager, or any Series and will not have any fiduciary or other duties to the Interest Holders of any Series.

Compensation of the Advisory Board

The Manager/Asset Manager will compensate
the Advisory Board or their nominees (as so directed by an Advisory Board member) for their service. As such, it is anticipated
that their costs will not be borne by any given Series of Interests, although members of the Advisory Board may be reimbursed
by a Series for out-of-pocket expenses incurred by such Advisory Board member in connection with a Series of Interests
(e.g. travel related to evaluation of an asset).

COMPENSATION

Compensation of Executive Officers

We do not currently have any employees,
nor do we currently intend to hire any employees who will be compensated directly by the Company. Each of the executive officers
of the Manager manage our day-to-day affairs, oversee the review, selection and recommendation of investment opportunities, service
acquired investments and monitor the performance of these investments to ensure that they are consistent with our investment objectives.
Each of these individuals receives compensation for his or her services, including services performed for us on behalf of the
Manager, from our manager. Although we will indirectly bear some of the costs of the compensation paid to these individuals, through
fees we pay to the Manager, we do not intend to pay any compensation directly to these individuals.

Compensation of the Manager

The Manager may receive Sourcing Fees
and reimbursement for costs incurred relating to the Offering described herein and other offerings (e.g., Offering Expenses and
Acquisition Expenses). Neither the Manager/Asset Manager nor its affiliates will receive any selling commissions or dealer manager
fees in connection with the offer and sale of the Interests.

The Manager will receive Sourcing Fees
for each subsequent offering for Series of Interests in the Company that closes as detailed in the “Use of Proceeds
and Description of Underlying Assets” section with respect to each of the respective offerings.

In addition, should a Series’
revenue exceed its ongoing Operating Expenses and various other potential financial obligations of the Series, the Manager in
its capacity as Asset Manager may receive a Management Fee as described in “Description of the Business –Management
Fee.” To date, no Management Fees have been paid by any Series and we do not expect to pay any Management Fees
in Fiscal Year 2020.

A more complete description of Management
of the Company is included in “Description of the Business” and “Management”.

PRINCIPAL INTEREST
HOLDERS

The Company is managed by the Manager.
At the Closing of each Offering, the Manager or an affiliate will own at least 0.5% of the Interests acquired on the same terms
as the other Investors. The address of the Manager is 244 5th Avenue, New York, NY 10001. As of
the date of this filing, the Company has not issued any securities.

DESCRIPTION OF INTERESTS
OFFERED

The following is a summary of the principal terms of, and
is qualified by reference to the Operating Agreement, attached hereto as an exhibit, and the Subscription Agreement, the form
of which is attached hereto as an exhibit, relating to the purchase of the applicable Series of Interests. This summary is
qualified in its entirety by reference to the detailed provisions of those agreements, which should be reviewed in their entirety
by each prospective Investor. In the event that the provisions of this summary differ from the provisions of the Operating Agreement
or the Subscription Agreement (as applicable), the provisions of the Operating Agreement or the Subscription Agreement (as applicable)
shall apply. Capitalized terms used in this summary that are not defined herein shall have the meanings ascribed thereto in the
Operating Agreement.