Fandom Sports Outlines Upcoming Fan Engagement Platform Launch and Non-Fungible Token Strategy

Fandom Sports Outlines Upcoming Fan Engagement Platform Launch and Non-Fungible Token Strategy

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Vancouver, British Columbia–(Newsfile Corp. – March 7, 2022) – Fandom Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FSE: TQ43) (“Fandom Sports” or the “Company”), is happy to stipulate its technique for its upcoming prediction platform launch, gamification technique and reward platform incorporating and deploying Non-Fungible Tokens (“NFTs”) to reward followers for engagement. The Company has accomplished improvement of the prediction engine, its’ NFT market – www.fandomart.com, and content material integration capabilities. Development groups at the moment are implementing a gamification and rewards engine that may incentivize stream viewers to play and predict throughout their favorite types of content material. Once gamification and reward engines are accomplished in early Q2, Fandom Sports will be capable of current particular monetization and buyer acquisition methods to the worldwide creator neighborhood and key trade stakeholders with the aim being to ascertain pilot and beta tasks throughout a spectrum of platforms.”Given ever escalating buyer acquisition prices for all wagering platforms and the shortage of totally outlined information streams for esports and different types of content material, our technical workforce has been creating a platform that may facilitate predictions in stream or broadcasts throughout a spectrum of dwell and pre-recorded occasions . Fandom Sports might be casting a large internet for viewers aggregation by embedding our know-how with associate organizations,” states David Vinokurov, Fandom Sports CEO and president.According to NFT stats compiled by blockchain analytics agency Chainalysis Inc., the NFT market grew to virtually $41 billion in 2021, closing in on standard artwork gross sales. In 2020, standard artwork and vintage gross sales amounted to $50 billion. OpenSea (valued as of January 5, 2022 US$13.7 bn) sits on the prime of the world’s greatest NFT markets for the time being and has an NFT worth tracker. Estimates counsel that round 1 / 4 of 1,000,000 folks actively commerce NFTs each month on the platform. Fandom Sports might be working with influencers, groups and organizations to capitalize on these rising developments and exploit the intersection of streaming, esports, sports activities and broadcast content material with distinctive NFTs that additionally will permit particular utilities throughout a variety of content material platforms.”With the current explosion of the completely different types of content material creation and fierce competitors for viewers it is going to be crucial for content material creators to ship enjoyable and partaking content material to audiences. Our platform will help with bridging that divide and offering new alternatives for income era by distinctive predictive applied sciences with an imbedded number of multi-function NFTs. We might be leveraging our beforehand introduced partnerships with wagering, esports, and crypto companions to solid a large and impactful internet vis–vis a worldwide viewers of content material creators and shoppers,” continues Mr. Vinokurov”PLAY. PREDICT. GET REWARDED.”For extra Information:David VinokurovCEO, President Fandom Sports Media Corp.Email: [email protected] Phone +1 (604) 256 6990The CSE has not reviewed and doesn’t settle for duty for the adequacy and accuracy of this new launch. DISCLAIMER:Certain statements made herein might include forward-looking data throughout the that means of the relevant Canadian securities legal guidelines (“ahead wanting statements”). Often, however not at all times, forward-looking statements could be recognized by way of phrases resembling “plans”, “expects”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives or thereof. Forward-looking statements herein embrace, however should not restricted to statements with respect to: the internet online affiliate marketing relationship with Elite Duels Corp. and the getting into right into a definitive settlement for the internet online affiliate marketing partnership and the anticipated advantages to Fandom from the definitive settlement; market acceptance of the Company’s peer-to-peer wagering platform; the Company’s expectation of turning into a world-class partaking eco-system for all ages followers and followers of wagering on dwell Esports occasions; and the anticipated progress and well being of the Esports betting market on the whole.Forward-looking statements by their nature are primarily based on assumptions and contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes to be materially completely different from these expressed or implied by the forward-looking statements. We have made sure assumptions, which our administration believes to be affordable, in regards to the forward-looking statements, together with the flexibility to enter right into a definitive internet online affiliate marketing settlement with Elite Duels Corp., the anticipated income and different advantages to be generated by the connection, in addition to the continuing efficiency benefits of the Company’s platform compared with current or future aggressive choices, and the longer term progress of the market through which we compete. However, we are able to present no assurance that the forward-looking statements will show to be correct. Furthermore, ought to a number of of the dangers, uncertainties or different elements materialize, or ought to underlying assumptions show incorrect, precise outcomes might range materially from these described in forward-looking statements. Accordingly, you shouldn’t place undue reliance on the forward-looking statements or data contained herein. Important extra data figuring out dangers and uncertainties and different elements is contained within the part entitled “Risk and Uncertainties” within the Company’s most up-to-date Management Discussion and Analysis filed on SEDAR.Except as required by legislation, we don’t intend to replace forward-looking statements whether or not on account of new data, future occasions or in any other case.To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/115786

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