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  • Fandom Sports Media (FDM) has entered into a letter of intent with Funjoy Company Limited of China
  • The two companies will work together on several initiatives related to Fandom’s Unified Information Access Platform technology
  • Funjoy boasts state-of-the-art livestreaming technology and operational capability
  • The two companies proposed a partnership to deploy the following spectrum of technologies which will include platform-wide multi-stream viewing capabilities
  • Fandom Sports Media is down 6.67 per cent to C$.28 per share

Fandom Sports Media (FDM) has entered into a letter of intent with Funjoy Company Limited of China.

The two companies will work together on several initiatives related to Fandom’s Unified Information Access Platform technology for predictions for Esports Games, events and streaming platforms.

Funjoy is a joint venture between several prominent industry firms comprised of leading businesses of livestreaming platforms of internet games, top-notch Esports competition operational platforms and Esports news media.

Funjoy boasts state-of-the-art livestreaming technology and operational capability, the capability to organize large-scale Esports competitions, a mature entertainer brokerage and operation ecosystem, a vast experience in the game industry and a technology reserve for virtual reality Esports.

Fandom Sports Chairman Philip Chen said the sheer size and scope of the reach of the companies partners represents an opportunity for Fandom to deploy its UIA platform across the full spectrum of the Esports industry.

“The ability to access world leading game developers and distribution channels for Esports content touching hundreds of millions of Esports fans across 45 countries will give us the springboard to realize tremendous partner and stakeholder value,” Chen said.

The two companies proposed a partnership to deploy the following spectrum of technologies which will include platform-wide multi-stream viewing capabilities that facilitate multiple game streams to be viewed in a floating Picture-in-Picture format while maintaining in stream predictions and verified logins from major local social and messaging platforms.

Chen said Fandom is also gearing up for the launch of its wagering and free play platform.

Fandom Sports Media is down 6.67 per cent to C$.28 per share at 2:12pm EST.

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