Fandom Sports developing NFT Exchange for esports and sports rewards

Also incorporating the NFT exchange into planned test marketing campaigns with industry partners and will issue regular updates relating to those efforts.

VANCOUVER, BRITISH COLUMBIA: Fandom Sports Media Corp. has commenced development of a Non-Fungible Token (NFT) exchange that will be built into both the company’s all ages and wagering fan engagement platforms, a news release said.

Fandom Sports has already minted its first Fancoin non-fungible token (NFT) which will form the backbone of the Company’s fan rewards program. Fandom Sports will be creating numerous unique NFTs to encourage and reward Esports and Sports fans for their use of the Fandom Sports platform.

“Current scalability issues with the deployment of NFTs in real time to facilitate the capture of digital moments relating to speed and cost are roadblocks to mass adoption. On top of the actual imbedded NFT exchange, our development team is considering specific solutions that will enable users of the Fandom Sports platform to create, share and transact NFTs in new and unique ways that the current NFT protocols cannot support.

Fandom remains steadfast on its technical roadmap to continue delivering innovative solutions that improve upon existing processes and methodologies. The peerless capabilities that we have demonstrated pertaining to data ingestion, analysis and presentation for Esports and the planned sports modules will be extended to differentiate ourselves in the rapidly growing and evolving NFT space,” states David Vinokruov, CEO and President Fandom Sports.

The Company is also incorporating the NFT exchange into planned test marketing campaigns with industry partners and will issue regular updates relating to those efforts.

Fandom Sports Media is developing and deploying a web application which instantly operates on Android and iOS mobile devices targeting Esports Super Fans.

The Company’s Unified Information Access platform is active in a private cloud with multilingual support and is targeted towards a global launch of the Fandom’s regulated betting and unregulated Esports prediction fan engagement models. Fandom supplies interactive Esports entertainment to Super Fans through purpose-built data interaction.

Fandom Sports Media Corp CNSX: FDM

0.28 CAD+0.0100 (3.64%)today

22 Jun, 1:16 pm GMT-4 ·Disclaimer

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