Mobile Streams (MOS ) will become the exclusive producer of Non-Fungible Tokens across all the websites, apps and digital platforms of the sports tech media company, Fanzine Limited.
Fanzine, which produces websites that enable sports fans to find all the news, social, stats and betting content for their team, has a community of over 3 million football fans globally.
The sports media technology company currently operates 41 club-specific premium domains covering the top clubs in Football, NFL, NBA, MLB and Cricket including websites such as Gunners.com, COYS.com, TheKop.com, UnitedReds.com as well as Celtic1967.com.
Under the terms of the deal, Mobile Streams’ recently launched Non-Fungible Tokens (NFT) creation platform will enable it to design, produce and create the stores to sell a variety of NFT content for sale across all Fanzine sites and Apps as well as across Mobile Streams territories in India, Argentina, Brazil, Mexico and on the Mobile Streams NFT marketplace.
The gaming content provider said revenue will be generated via a revenue share from each NFT sold or traded. In addition, it is expected that royalties, which can be set into the NFT when it is created, will also be granted from the NFTs traded within the secondary market.
The Company has also unveiled the launch of a separate section of its website to specifically promote its NFT platform and business; it said it expects to see significant growth in this area.
Commenting Mark Epstein, CEO Mobile Streams, told investors: “We are delighted to announce this deal with Fanzine Limited. We are proud to be working with one of the leading fan engagement SportsTech businesses with over 41 websites and apps. In addition, their NFL, NBA, MLB and Cricket offerings will expand the reach of this contract even further.
He added: “Partnered with our potential to offer products into our India, Argentina, Brazil and Mexican markets it creates a powerful proposition. Kevin and the team have built an amazing business and we can’t wait to start producing and selling NFT’s for them.”
Kevin Lenehan, CEO and founder of Fanzine Limited, added: “We are extremely pleased to have signed this deal with MobileStreams. We believe NFTs offer the opportunity to develop significant and long-standing revenues for both businesses. We think there is enormous potential in the partnership not just with our football sites but also as we expand to cover the NFL, NBA, MLB, Cricket, along with the next ten sports in our multi-sport roadmap.”
Last month, Mobile Streams reported an increase of 87.5% in monthly revenue since the start of December 2021, as monthly revenue exceeded $0.15m per month across all channels.
In February 2022, the Group extended its existing partnership with the gaming developer, International Gaming Systems AB (IGS), to launch a global gaming platform ‘Battleriff’.
The mobile content and data intelligence company said it expects Battleriff to open up additional opportunities to sell products to its global audience of over 800 million people.
In January 2022, Mobile Streams announced that it had signed a major strategic partnership contract with IGS which could deliver significant revenue. At the time, the Company said it expected monthly revenue across all services to exceed $0.12 million in January alone.
Under the terms of this contract, IGS had committed to deliver minimum revenue to Mobile Streams of $0.72 million over the first six months of the deal. IGS added that it would also be actively looking for other opportunities to grow revenues in partnership with Mobile Streams.
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