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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About Friendable Inc.
Friendable is a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications. Launched July 24, 2020, the company’s flagship offering is designed to help artists engage with their fans around the world and earn revenue while doing so. The live-streaming platform supports artists at all levels, providing exclusive artist content “channels,” live event streaming, promotional support, fan subscriptions and custom merchandise designs, all of which are revenue streams for each artist.
With Fan Pass, artists can offer exclusive content channels to their fans, who can simply use their smartphones to gain access to their favorite artists as well as an all-access pass, giving them access to all artists on the platform. Additionally, the Fan Pass team will deploy social broadcasters to capture exclusive VIP experiences, interviews and behind-the-scenes content featuring their favorite artists – all available to fan subscribers for free on a trial basis. Thereafter, subscriptions are billed monthly at $3.99, or about the cost of downloading a couple of songs, providing VIP access at a fraction of the cost of traditional face-to-face meetups.
Friendable was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with over 27 years of experience working together on technology-related ventures.
For more information about the company, visit www.Friendable.com.
NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL
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