Mr. Jim Nelson reports

YDX SIGNS WITH ESPORTS PLATFORM JACKPOT RISING TO CREATE ETOURNAMENTS IN THE US

YDx Innovation Corp. has signed a non-exclusive collaboration agreement with Jackpot Rising, based in Dallas, Tex., to create e-sports tournaments featuring Arkave VR, in the United States.

With offices in the U.S. and the United Kingdom, Jackpot Rising's patented framework enables players to compete against each other in tournaments for cash, prizes, digital goods and other rewards.

Games on the platform include Jackpot Shot and Jackpot Alley created by Jackpot Rising as well as third party games, including Fortnite, a game created by Epic Games. According to the website Statista, in November of 2018, the Fortnite on-line game had 200 million players worldwide.

The goal of the partnership is to co-host tournaments, starting in Dallas. According to publications from ESPN and DMagazine, the Dallas-Fort Worth area is a gamer's paradise and is fast becoming an e-sports magnet, attracting big-name investors, new stadiums and some of video gaming's hottest teams, making it a strategic location for YDx to bring Game On Festival and set up Arkave VR arenas.

"We designed Arkave VR to become an e-sports attraction for our clients. The platform is equipped with a ranking system and ready for tournaments. The partnership with Jackpot Rising enables us to move faster into this segment," stated Daniel Japiassu, chief executive officer of YDx Innovation.

Arkave VR arena was created by YDx Innovation to be a premium virtual reality option for thousands of family entertainment centres (FECs) that are looking for an affordable and highly immersive virtual reality solution. In November, the company officially launched the product at IAAPA the world's largest event for FECs and theme parks.

In December, the company opened its first Arkave VR arena in the U.S. at Andretti Indoor Karting (with four locations in the U.S.), located in Marietta, Ga. In early January, the second Arkave VR arena was installed at the Launch Trampoline Park in Doral, Fla. A third arena will soon be installed at the Launch Trampoline Park in Methuen, Mass. Launch Trampoline Park is a franchise business that is rapidly expanding in the U.S. with 20 locations open in 14 states with another 21 locations announced for 2019 increasing the presence to 24 states.

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