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.
To view the full press release, visit https://ibn.fm/wxprC
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 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 Inc. was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with more than 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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