Last checked at 13 Apr 2022 07:00
13 April 2022
Mobile Streams plc
("MOS" or "the Company")
Mobile Streams signs NFT deal with Fanzine Limited
Mobile Streams plc is delighted to announce that it has signed a contract with Fanzine Limited to become their exclusive producer of Non-Fungible Tokens ("NFTs") across all Fanzine Limited's websites, apps and digital platforms where they have a highly engaged community of over 3 million football fans globally. Fanzine produces sites that enable sports fans to find all the news, social, stats and betting content for their team. Fanzine currently operates 41 club-specific premium domains covering the top clubs in Football, NFL, NBA, MLB and Cricket including such examples as Gunners.com, COYS.com, TheKop.com, UnitedReds.com and Celtic1967.com.
The deal will use the recently launched Mobile Streams NFT creation platform to enable MOS 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. Revenues 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 in the secondary market.
The Company is also pleased to announce it has launched a separate section of their website at www.mobilestreams.com/nft to specifically promote its NFT platform and business and expects to see significant growth in this area.
Mark Epstein, CEO Mobile Streams plc, said:
"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. Partnered with our potential to offer product 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 Fanzine Limited, said:
"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. We very much look forward to working with MobileStreams and developing these new products and revenues together."
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
About Mobile Streams
Mobile Streams delivers world class gaming content to a global audience, through our LiveScores and mobilegaming.com platforms, our long-standing carrier relationships in countries including India, Argentina and Mexico, and partnerships with IGS (International Gaming Systems) and Gfinity plc. Our Streams data insight, intelligence and visualisation services and marketing optimisation tools support the content business, as well as serving enterprise level bespoke clients and the Streams SaaS ("Software as a Service") self-service platform. Our strategy is to deliver next-generation content including gaming, Esports and related NFTs to a global audience.
For further information, please contact:
Mobile Streams plc
Nigel Burton, Adviser
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930