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RNS Number : 3188D Mobile Streams plc 20 June 2023
20(th) June 2023
Mobile Streams plc
("MOS" or "the Company")
Mobile Streams launch sporting art division and sign top artist César
Menchaca
Mobile Streams plc, the AIM quoted mobile content and data intelligence
company, is pleased to announce it has launched a "sporting Art" division and
is honoured to have signed top Mexican artist, César Menchaca, founder and
director of Menchaca Studio, a group that is currently the main promoter of
Huichol Art worldwide.
The artworks of the Menchaca Studio, www.menchacastudio.com.mx
(http://www.menchacastudio.com.mx) , are becoming part of important
collections in Mexico and abroad, are exhibited in several museums in Mexico
and USA, and are traded in numerous well-respected auctions. They are
displayed in very influential venues, around the world, including luxurious
hotel chains such as: Fairmont Hotels in Canada, InterContinental Hotels in
Mexico, Four Seasons Hotels and Resorts, etc. Moreover, Menchaca Studio is
issued with the Huichol art decoration of several racing cars for Mexico City
Grand Prix, as well as with its application on helmets for the NFL. The
Longines Global Champions Tour of México has also been accompanied with
astonishing Huichol art horse sculptures made by the Menchaca Studio while the
Champion's Belt of the World Boxing Council bearing the Menchaca Studio
signature.
Under the agreement, the Company can produce versions of selected art from the
Menchaca Studio which can link to his real art pieces. The Company will pay
the Menchaca Studio a minimal upfront royalty payment and then a revenue share
for any Menchaca NFT's sold to the Menchaca Studio.
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.
Mark Epstein, CEO Mobile Streams plc, said:
"We are delighted to announce the launch or our sporting art division and
honoured to have César Menchaca as our first signing. He is quite simply the
best Huichol artist in the world. We can't wait to collaborate with him and
see his enormous talent expressed in the NFT world."
For further information, please contact:
Mobile Streams plc
Nigel Burton, Adviser
+44 77 8523 4447
www.mobilestreams.com (http://www.mobilestreams.com)
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
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