Mr. Matt Bailey reports
GAMEON RECEIVES $GAME GRANT FROM SPORTSOLOGY FOR PLATFORM INTEGRATION
GameOn Entertainment Technologies Inc. will receive grant financing from Sportsology.
The grant will see GameOn receive 59 million $Game tokens. In return, GameOn will integrate the $Game platform into upcoming major league projects to provide unified experiences and rewards across its ecosystem, including
GameOn Laliga
and
GameOn PFL. $Game, which GameOn is developing in partnership with Sportsology, is designed to drive fan engagement and revenue growth for game developers and sports leagues worldwide.
GameOn Laliga recently
launched
on social media, amassing more than 200,000 video views and a community of over 80,000 across X, Discord, e-mail and wait-list in less than two weeks. GameOn Laliga's first mint is scheduled for February, with an exact date and time to be announced.
GameOn also recently
announced
a grant from Arbitrum, the leading Layer 2 (L2) scaling solution for ethereum, with a
market cap
of more than $2-billion. $Game is planned to launch on Arbitrum in Q2, off the back of a string of successful game token launches like
XAI.
This news is following the
finalized
software development and support agreement between the parties, which drives $2.3-million from development fees and $1.4-million in annual recurring revenue, with a total expected value of $9.3-million over five years.
"$Game is a natural fit for our ecosystem of next-gen fantasy games, launched with the best sports leagues in the world," said Matt Bailey, chief executive officer at GameOn. "This partnership puts the very first supply of $Game in the hands of GameOn and soon masses of sports fans."
To hear more, join GameOn CEO Mr. Bailey for live commentary and question-and-answer on
GameOn's shareholder Telegram channel
today at 2:30 p.m. ET/11:30 a.m. PT.
GameOn partner Laliga is the world's
most-followed
soccer league on social media, with a global community of over
200 million fans, while Professional Fighters League is the
No. 1
mixed martial arts company in the world, having recently
acquired
Bellator and signed superstars
Jake Paul
and
Francis Ngannu.
About GameOn Entertainment Technologies Inc.
GameOn
partners with the world's best sports, media and entertainment intellectual properties to launch brand-building, money-making next-generation games. It turns fans into superfans -- engaging, retaining and monetizing audiences. With a diverse team of gaming, sports and Web3 veterans with experience at Take-Two Interactive, Twitch, EA, Dapper Labs and the Brooklyn Nets, GameOn's platform is executed at scale with millions of users, gameplays and revenue. GameOn has partnered with NBCUniversal, Bravo, Laliga, PFL, Karate Combat, the WNBA, Times Internet, Dick's Sporting Goods and Gaming Society.
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