Pumas NFT Launch Update

RNS Number : 7301B

Mobile Streams plc

04 October 2022

 

4 October 2022

Mobile Streams plc

("MOS" or "the Company")

Pumas NFT launch sells out in minutes.

NFT Marketplace launched

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce its first NFT 'drop' (essentially a launch of NFT's) for Pumas football club sold out in minutes. 4,300 cards, utilising just 5 players, were sold at prices starting from US$5 upwards. Total sales from the drop were in excess of US$50,000. In addition, the Company will receive 5% of any future resale value from the cards through its embedded NFT royalty. This is just the first drop of many in the Pumas range.

The Company is also extremely pleased to announce it has experienced just as strong demand for its initial drop of Mexcio National team NFT cards which will be commencing shortly. Whilst the Company does not intend to announce the results of each individual drop, it is very encouraging to see the response to this first drop.

MOS has also launched its HeroesNFTclub marketplace where NFT cards can be purchased and traded. The marketplace can be found at: https://pumas.heroesnftclub.com .The platform can also automatically place the NFTs onto other global marketplaces such as OpenSea. This represents a significant milestone for MOS as it becomes not only a producer of NFTs but also a marketplace provider from where they can be traded, bringing even greater awareness, integration and numbers of visitors to its NFT store. The Company expects this store to grow significantly over the coming weeks and months as the World Cup build up begins and the majority of fans across all Mexican clubs become National team fans. MOS not only has the licence for the National team NFTs but will also have traffic from both the official primary and now secondary marketplaces. The Company believes this will provide it with significant opportunities to sell additional products as well as collect a large database of fans which can be used for ongoing NFT sales.

Mark Epstein, CEO Mobile Streams plc, said:

"It's great to have delivered our first of many NFT launches for Pumas. We are absolutely delighted with the results, the demand was in incredible and we can't wait to deliver more NFT drops very soon. Along with this we have also reached a milestone moment with the launch of our HeroesNFTclub marketplace. Where users can trade the NFTs they purchase from us. This puts us firmly into space of being both an NFT producer and marketplace. We expect this side of the business to grow rapidly and to include both MOS produced and other brand secondary NFTs."

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

[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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