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REG - Mobile Streams plc - Upgraded NFT and extended contract with Cadiz FC

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RNS Number : 0354B  Mobile Streams plc  30 May 2023

30 May 2023

 

Mobile Streams plc

("MOS" or "the Company")

 

Upgraded NFT and extended contract including Fan tokens with Cadiz Football
club

 

Mobile Streams plc, the AIM quoted mobile content and data intelligence
company, is pleased to announce it has signed an upgraded and extended
contract with La Liga football club Cadiz further to the agreement announced
on 11 January 2023 relating to the exclusive provision of NFT products. This
subsequent agreement, at no additional cost to MOS, extends the 5-year
contract length by 6 months noting that no NFT's or related products have been
launched to date and also expands the product range as set out below.

 

Cádiz Club de Fútbol, S.A.D., known simply as Cádiz, is a Spanish
professional football (https://en.wikipedia.org/wiki/Association_football)
 club based in Cádiz (https://en.wikipedia.org/wiki/C%C3%A1diz)
, Andalusia (https://en.wikipedia.org/wiki/Andalusia) . Founded in 1910, the
club competes in Spain's top tier football league La Liga. Last year the club
also reached the quarter finals of the Copa del Rey, Spain's top cup
competition.

 

The contract had been extended by 6 months and the following additional rights
have been added:

-      Fan Tokens: offer the fans the opportunity to acquire tokens,
which can be redeemed for unique and personalised products or services.

-      Legendary Player Cards: collectible cards of legendary Cádiz CF
players, which can be purchased by the fans.

-      Vintage Shields: offer the fans the opportunity to obtain replicas
of vintage Cádiz CF shields.

-      Mosaics and Collages of Signatures: mosaics and collages of the
signatures of the players from the 22/23 and 23/24 seasons, as well as the
names of the players with their respective signatures.

-      Vintage Tickets: offer the fans the opportunity to purchase old
club tickets, allowing them to remember the most memorable moments in the
club's history.

-      Carranza Trophy: A digital replica of the Carranza Trophy, and
Carranza Trophy tournament posters.

-      3D Art Creativity Pieces: 3D art pieces inspired by the team and
its players, which can be acquired by the fans.

 

Fan tokens are a type of digital coin token created using blockchain
technology. They are created to empower fans to engage with their favourite
sports teams, clubs, or celebrities by granting different access rights,
privileges, and other perks.

 

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 this expansion of rights in this contract with
Cádiz. The Fan token rights in particular represent another step forward for
the business. We look forward to launching our first products with them soon."

 

The information contained within this announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via the Regulatory Information Service, this inside information
is now considered to be in the public domain.

 

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
through our https://heroesnftclub.com/ site.

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

+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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