Mexico National team NFT marketing goes live.

RNS Number : 7607Z

Mobile Streams plc

16 September 2022

 

16 September 2022

Mobile Streams plc

("MOS" or "the Company")

Mexico National team NFT marketing goes live.  NFTs on sale shortly

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce that marketing has commenced for the Mexican National football team Non Fungible Tokens ("NFTs") the Company will be producing. The site www.heroesnftclub.com/miseleccion will be taking signups immediately and the Company is pleased to report there has been extremely strong demand already for the NFT products.

This launch comes just two weeks after the marketing for the Company's Pumas football club NFTs started.  MOS is also pleased to report extremely strong demand for those products.

With this second marketing site live, the Company's Heroes NFT Club brand now has two of the largest footballing organisations in Mexico signed and is looking forward to further expanding in Mexico and beyond.

Non Fungible Tokens ("NFTs") are digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. In effect the Company's products are digital merchandise. An example would be a sports trading card - NFTs produced under this contract are one-of-a-kind trading cards. If you traded it for a different card, you'd have something completely different.

The global NFT market is expected to reach $122 billion in size by 2028, with more than $17 billion in sales in 2021 and $35 Billion expected to be generated this year. The fastest growing sector within this space is the sports NFT market and the Company believes this contract win with a major sports brand demonstrates that the business is now very well positioned within this space.

Mark Epstein, CEO Mobile Streams plc, said:

"Getting these two sites live is a real milestone for the MOS team and the business as a whole. We are now into the marketing phase for both of the Mexico contracts we have announced. Shortly the NFTs will go on sale and we can't wait for people to see the products that we have created. We believe they will engage football fans around the world and deliver enormous value to our partners and those that own the NFTs themselves. We look forward to growing the numbers of clubs, National teams and organisations we are working with and will update the market on this when it is appropriate to do so."

About Mobile Streams

Mobile Streams delivers world class gaming content to a global audience, through its LiveScores and mobilegaming.com platforms, our long-standing carrier relationships in countries including India, Argentina and Mexico, and partnership with IGS (International Gaming Systems). Our Streams data insight, intelligence and visualisation services and marketing optimisation tools support the content business, as well as serving enterprise level bespoke clients and the Streams SaaS ("Software as a Service") self-service platform. Our strategy is to deliver next-generation content including gaming, Esports and related NFTs to a global audience.

For further information, please contact:

Mobile Streams plc

Nigel Burton, Adviser

[phone]

www.mobilestreams.com

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

[phone]

Peterhouse Capital Limited (Broker)

Lucy Williams and Duncan Vasey

[phone]

 

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