Friendable, Inc. and Santo Mining Corp. Enter Agreement to Develop Global Entertainment and Music Artist Driven, Non-Fungible Tokens
April 14, 2021 at 03:00 pm IST
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Friendable, Inc. announced its signed Letter of Intent with Santo Blockchain Labs and Santo Mining Corp. to develop global entertainment and music artist driven, non-fungible tokens along with its own marketplace. Each NFT represents a unique opportunity for new revenue streams for artists and the two companies, collectively, with a marketplace that will feature unique NFTs that may be both digital and/or augmented reality NFT images. The NFT images may be of entertainers specifically or, for the purposes of user customization, offer exclusive token merchandising and interaction. These are just some of the ways to monetize, along with the company’s desire to seek opportunities for cross-pollination with brand sponsors and retail brands. By creating multiple limited-edition releases, the company believes its Fan Pass and artist NFTs will increase in value contingent upon their limited availability and exclusivity. These NFTs may also include Fan Pass interaction with various music artists, along with possible interactions with other celebrities, entertainers, and influencers. Special “Gold” or “Platinum” NFT tickets may also be offered, which could be used to unlock exciting options such as a “Backstage VIP Pass” or “Exclusive Access” behind the scenes of a physical venue or event.
Friendable, Inc. is a mobile-focused technology and marketing company. The Company is focused on connecting and engaging users through its applications. The Companyâs flagship product Fan Pass, which is a mobile platform that is engaged in engaging in music fans from anywhere around the World with the music artists featured on the FanPassLive App. It connects the fans of their favorite celebrity or artist, to a very important person (VIP) or backstage experience, right from their smartphone or other connected devices. Fan Pass. Fan Pass application includes various features, such as UX (user experience) and UI (user interface) attributes, upgraded feature sets for artists and fans, an accelerated artist on boarding process, and enhanced dashboard features. Fan Pass v2.0 is also accessible via desktop and Web applications. FanPassLive offers artists at all levels and genres engaging fans from one platform, removing the need for multiple sharing platforms.