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Fandom Sports Media Corp (2)
Symbol FDM
Shares Issued 49,834,283
Close 2021-03-25 C$ 0.445
Market Cap C$ 22,176,256
Recent Sedar Documents

Fandom Sports mints first Fancoin non-fungible token

2021-03-25 09:22 ET - News Release

Mr. David Vinokurov reports

FANDOM SPORTS MINTS FIRST NFT FOR ESPORTS REWARDS

Fandom Sports Media Corp. has successfully minted its first Fancoin non-fungible token (NFT) which will form the backbone of the company's e-sports rewards program.

Registered trademarks for the Fandom Sports brand logo and Fancoin were obtained across main global markets. The registered trademarks cover the key international markets of China, Japan, South Korea, Taiwan, India, United Kingdom and Germany -- jurisdictions where e-sports has demonstrated explosive growth.

As previously announced on Jan. 19, 2021, the company will be creating numerous unique NFTs to encourage and reward e-sports fans for their use of the Fandom Sports platform. Fandom Sports is designing contests and branded giveaways around this version of the NFT to incentivize players on the Fandom Sports platform. Fandom Sports' unique Daniel Mazzone-designed NFT will remain in the company's exclusive reserve as a treasured asset for Fandom Sports.

Previously announced stock options granted to Mr. Mazzone were only part of the consideration given in exchange for his design services comprising stock and other financial remuneration. Those options are set to expire on March 18, 2026, and have an option price of 50 cents.

"We have accelerated our efforts to develop our rewards matrix. Recent hires have furthered our initiatives by minting our first Fandom Sports NFT. Our team is working diligently to build out our rewards and NFT matrix to empower fans to get rewarded for their attention. Players will have the chance to own earned rewards to trade, sell and monetize their skills and time by unlocking digital assets in both free play, regulated wagering and our upcoming all ages platform," stated David Vinokurov, chief executive officer and president of Fandom Sports.

Investor presentation -- ideas that move capital: e-sports investor day event

Mr. Vinokurov will be conducting a webinar on Thursday, March 25, 2021, hosted by MNP Canada.

Mr. Vinokurov will be doing a 15-minute presentation at 5:35 p.m. EST followed by a five-minute question-and-answer session.

Shares for debt settlement

Fandom Sports has issued a debt settlement agreement for 16,071 shares based on a closing price of 56 cents as at March 23, 2021. The shares have been issued in lieu of a payment of $9,000. The shares when issued will be subject to a four-month hold period.

About Fandom Sports Media Corp.

Fandom Sports Media is developing and deploying a Web application that instantly operates on Android and iOS mobile devices targeting e-sports superfans. The company's unified information access platform is active in a private cloud with multilingual support and is targeted toward a global launch of Fandom's regulated betting and unregulated e-sports prediction fan engagement models. Fandom supplies interactive e-sports entertainment to superfans through purpose-built data interaction.

We seek Safe Harbor.

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