NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass to Offer NFTs, ‘Fanpasscrypto’ Marketplace
Friendable (OTC: FDBL), a mobile technology and marketing company, recently entered into a letter of intent (“LOI”) with Santo Blockchain Labs and Santo Mining Corp. (OTC: SANP) to develop global entertainment and musical artist-driven non-fungible tokens (“NFTs”). Each NFT will represent a unique opportunity for new revenue streams for the artists and the companies. The agreement also provides for the creation of a marketplace expected to add an exciting new element to the company’s current artist offering and marketing mix. The marketplace — Fanpasscrypto — will feature unique NFTs, which may be digital and/or augmented reality NFT images of the specific entertainers or offer exclusive merchandising and interaction. These reflect only a few of the possibilities for the company to monetize and seek other opportunities with brand sponsors and retail brands. “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.
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