Fandom Sports Peer to Peer Esports Wagering Platform Live
December 29 2021 - 8:06AM
InvestorsHub NewsWire
Fandom Sports Peer to Peer Esports
Wagering Platform Live
Vancouver, British
Columbia – December 29, 2021 -- InvestorsHub NewsWire -- Fandom
Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FRANKFURT: TQ43) ("Fandom Sports" or
the "Company"), is pleased to announce the Company's peer to peer
(P2P) Esports wagering platform (www.fandomesports.com)
is live and ready for revenue generation.
The Company recently announced that it
had been approved to provide Skrill and Neteller payment services
as solutions.
Wagering customers are now able to fund
their accounts to facilitate P2P wagering on Esports, with eventual
sports and other igaming offerings being deployed in Q1
2022. The Company's P2P platform is now fully integrated
with payment solutions and the Company's banking
partners.
"We are super excited to have completed
our banking and payments integrations. Now that
the first iteration of our modular wagering platform is live, the
Company will be transitioning to an operating and revenue
generation trajectory. The
P2P Esports is the
first instance of our modular approach to building out a holistic
wagering and prediction platform," states David Vinokurov, CEO and
President."
The Company's all-ages sports, Esports
prediction and fan engagement platform is on track for completion
in Q1 2022 and will serve as the primary tool for audience
aggregation to the overall platform. Fandom
Sports is currently developing a detailed marketing and user
activation roadmap to support the launch of the all-ages platform
and associated revenue streams.
"Given that the platform as of launch
has been purpose built from scratch since Fall of 2020, I am
pleased with the corporate progress and development road map to
date. Furthermore, with the steady flow of product
rollouts and additional potential partnerships on the horizon, I'm
confident that 2022 will be a transformational year for value
creation and an even more fruitful one than this past year,"
continued Mr. Vinokurov.
Key operational 2021 highlights and
accomplishments include:
-
Letter of Intent with Funjoy
Company Limited of China – January
-
Announcement of Letter of Intent
with Gamerwager UK – February
-
Marketing Partnership with Yalla
Esports - February
-
Beta launch of 3 leading Esports
titles: League of Legends, DOTA 2, CSGO - March
-
Successfully raising $5,067,588 in
April
-
Completion of first deployment of
global server infrastructure - April
-
Exclusive use license of Databionix
UIA platform – May
-
Joining the Canadian Gaming
Association – May
-
enabling eleven additional Esports
titles for wagering and predictions and enables social sharing
across leading social platforms: Facebook, Google, Twitch,
Whatsapp, Viber, Pinterest, Reddit, Telegram and Twitter -
June
-
Commencement of Malta Gaming
Authority applications and corporate formation for B2C and B2B
licenses – July
-
Initiation of corporate wide
compliance processes to support global wagering and Non-Fungible
Token (NFT) business initiatives – September
-
Completion of Sports modules (NBA,
NHL, MLB, Nascar) for P2P, odds line wagering and all ages fan
engagement - September
-
Key Management and Board Additions
– April and September (CFO)
-
Partnership with Polygon for NFT
technology deployment for Fandom Sports' NFT
marketplace;
www.fandomart.com
– October
-
Solidifying overseas banking
relationships to support global wagering platform –
November
-
Finalizing deployment of Skrill and
Neteller for launch of wagering platform - December
"We enter 2022 with a strong cash
position and as evident from the above list, numerous opportunities
that we will begin weaving together to amplify and expand our
presence both in the global wagering and rapidly expanding fan
engagement vertical. I'd like
to congratulate and thank our entire team for the hard work and
dedication to date and we all look forward to realizing our vision
for Fandom Sports for the coming year." Mr. Vinokurov
states.
About Fandom Sports
Media:
Fandom Sports Media operates an
Esports/Sports wagering platform at www.fandomesports.gg
The platform is the ultimate mobile
friendly application for unfiltered raw Esports and
Sports predictions and data interactions. Fandom allows
passionate fans to unleash their primal passions, make predictions
and/or wagers and earn rewards. Fandom
Sports is a web application which instantly operates on an Android
and iOS mobile device targeting "Superfans," who aspire to show the
world they know their stuff better than the experts and their
friends - giving them a chance to Play, Predict, and Get Rewarded.
Fandom Sports is revolutionizing the way that consumers interact
with streamed and broadcast content through the creation of
www.fandomart.com
the Company's own NFT
marketplace.
Fans will be able to tune in, watch,
predict, wager and create NFTs all on-platform.
"PLAY. PREDICT. GET
REWARDED."
For additional Information:
Investor Relations
Email: info@fandomesports.com
Phone +1 (604) 256 6990
DISCLAIMER:
The CSE has not reviewed and does not
accept responsibility for the adequacy and accuracy of this
information. This news release may contain forward-looking
statements. These forward-looking statements do not guarantee
future events or performance and should not be relied upon. Actual
outcomes may differ materially due to any number of factors and
uncertainties, many of which are beyond the Company's control. Some
of these risks and uncertainties may be described in the Company's
corporate filings (posted at www.sedar.com).
The Company has no intention or
obligation to update or revise any forward-looking statements due
to new information or events. This press release contains
forward-looking statements about FANDOM SPORTS. Forward-looking
statements may be identified by the use of words like "believe,"
"expect," "anticipate," "estimate," "plan," "consider," "project,"
and similar references to the future. Forward-looking statements
reflect FANDOM SPORTS' good-faith evaluation of information
available at the time the forward-looking statements were made.
These forward-looking statements are subject to a number of risks
and uncertainties, and our actual results may differ materially
from those projected. Please refer to FANDOM SPORTS' annual and
quarterly reports filed on SEDAR for a full discussion of those
risks and uncertainties we view as most important. Forward-looking
statements are not, and should not be relied upon as, a guarantee
of future performance or results, nor will they necessarily prove
to be accurate indications of the times at or by which any such
performance or results will be achieved. As a result, actual
outcomes and results may differ materially from those expressed in
forward-looking statements. We undertake no obligation to update or
revise forward-looking statements.
SOURCE FANDOM SPORTS
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