Fandom Sports presents the upcoming launch of the fan engagement platform and

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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 pleased to describe its strategy for the upcoming launch of its prediction platform, its gamification strategy and its reward system incorporating and deploying non-fungible tokens (“NFTs”) to reward fans for their engagement.

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The company has completed development of the prediction engine, its NFT marketplace – www.fandomart.com, and content integration capabilities. Development teams are currently implementing a gamification and rewards engine that will entice viewers to play and predict their favorite forms of content. With the gamification and reward engines complete early in Q2, Fandom Sports will be able to showcase specific monetization and customer acquisition strategies to the global creator community and key industry stakeholders, the goal being to establish pilot and beta projects on a range of platforms.

“Given the ever-increasing cost of customer acquisition for all betting platforms and the lack of fully defined data feeds for esports and other forms of content, our technical team has developed a platform -form that will facilitate in-stream or broadcast predictions across a spectrum of live and pre-recorded events. Fandom Sports will cast a wide net for audience aggregation by integrating our technology with partner organizations,” says David Vinokurov, CEO and president of Fandom Sports.

According to NFT statistics compiled by blockchain analytics firm Chainalysis Inc., the NFT market reached nearly $41 billion in 2021, approaching conventional art sales. In 2020, sales of conventional art and antiques totaled $50 billion. OpenSea (valued as of January 5, 2022 at $13.7 billion) currently sits at the top of the largest NFT markets in the world and has an NFT price tracker. Estimates suggest that around a quarter of a million people actively trade NFTs on the platform every month. Fandom Sports will work with influencers, teams and organizations to capitalize on these growing trends and leverage the intersection of streaming, esports, sports and broadcast content with unique NFTs that will also enable specific utilities across a range of platforms. of content.

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“With the recent explosion of different forms of content creation and fierce competition for viewers, it will be imperative for content creators to deliver fun and engaging content to audiences. Our platform will help bridge this gap and deliver new revenue generation opportunities through unique predictive technologies with an integrated variety of multi-functional NFTs.We will leverage our previously announced partnerships with betting, esports and crypto partners to cast a broad and impactful network vis to a global audience of content creators and consumers,” continues Vinokurov.

PLAYER. TO PREDICT. BE REWARDED.

For more information :

David Vinokurov
CEO, President
Fandom Sports Media Corp.
Email: [email protected]
Telephone +1 (604) 256 6990

CSE has not reviewed and accepts no responsibility for the adequacy and accuracy of this new version.

WARNING:

Certain statements made herein may contain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “budgets”, “expects”, “estimates”, “expects”, “has ‘intend to’, ‘anticipate’. ”, or “believes” or the negatives or these. Forward-looking statements included herein include, but are not limited to, statements regarding: the affiliate marketing relationship with Elite Duels Corp. and entering into a definitive agreement for the Affiliate Marketing Partnership and the expected benefits to Fandom from the definitive agreement; market acceptance of the Company’s peer-to-peer betting platform; the Company’s expectation to become a world-class, engaging ecosystem for fans of all ages and fans of betting on live Esports events; and the expected growth and health of the sports betting market in general.

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Forward-looking statements, by their nature, are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking statements. We have made certain assumptions, which our management believes to be reasonable, regarding forward-looking statements, including the possibility of entering into a definitive affiliate marketing agreement with Elite Duels Corp., expected revenues and other benefits to be generated from the relationship. , as well as the continued performance advantages of the Company’s platform over existing or future competitive offerings, and the future growth of the market in which we compete. However, we cannot guarantee that forward-looking statements will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those described in the forward-looking statements. Accordingly, you should not place undue reliance on any forward-looking statements or information contained herein. Important additional information identifying risks and uncertainties and other factors is contained in the section entitled “Risks and Uncertainties” of the Company’s most recent MD&A filed on SEDAR.

Except as required by law, we do not intend to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115786

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