NetworkNewsBreaks – Friendable Inc.’s (FDBL) Enters Agreement to Develop Global Entertainment and Music Artist Driven, NFTs
Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, has signed a letter of intent (“LOI”) with Santo Blockchain Labs and Santo Mining Corp (OTC: SANP) for the development of non-fungible tokens (“NFTs”) and Fanpasscrypto. The agreement calls for Santo to develop global entertainment and music artist driven non-fungible tokens along with Friendable’s own marketplace, called Fanpasscrypto, which will be an exciting addition to the FDBL’s current artist and marketing offering. The announcement noted that each NFT represents a unique opportunity for new revenue streams for the two companies as well as FanPass artists. The marketplace will feature unique digital and augmented reality NFTs of entertainers themselves or exclusive token merchandising and interaction. Other possible FanPass NFTs may include interactions with other celebrities, entertainers and influencers, as well as gold or platinum NFT tickets reserved for VIP or exclusive access to special events. Santo brings more than 100,000 lines of unique code to the partnership. “This agreement with Santo should bring some serious excitement to our artists, which we believe will also add a unique and creative component to our business model, current artist offering and revenue opportunities moving forward,” said Friendable CEO Robert A. Rositano Jr. in the press release.
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