Baller Mixed Reality Partners With Icon Sports
Icon Sports is collaborating with Baller Mixed Reality, a subsidiary of American Leisure Holdings (AMLH), to transform classic sports memorabilia into augmented reality NFTs. This innovative partnership allows users to view collectibles in 3D across real and virtual environments. Notably, royalties will be paid to athletes with each resale, promoting long-term revenue. Additionally, Baller's technology addresses counterfeit issues by verifying ownership via blockchain. The initiative aims to enhance market reach and revenue streams, significantly altering the collectibles landscape.
- Partnership with Baller Mixed Reality to create augmented reality NFTs from memorabilia, enhancing user engagement.
- Royalties paid to athletes on secondary sales, ensuring long-term revenue beyond their careers.
- Blockchain technology used to verify authenticity, addressing longstanding counterfeit issues.
- Inherent risks associated with new technology implementation and market acceptance.
- Uncertainty regarding profitability and market demand for augmented reality NFTs.
Converting Classic Sports Memorabilia into Augmented Reality NFTs
MIAMI BEACH, FL / ACCESSWIRE / July 28, 2022 / Icon Sports, a custom sports memorabilia and trading card company (powered by Broker Brothers Transactions) that works with numerous pro athletes, is partnering with Baller Mixed Reality (an American Leisure Holdings portfolio company) to convert memorabilia into Baller's innovative Augmented Reality NFTs. Unlike other NFTs, these collectibles can be placed into real-world environments and viewed from 360 degrees in high-definition 3D, both inside and outside of the metaverse - an entirely new way to enjoy autographed memorabilia.
Additionally, Baller's methodology enables the payment of royalties to participating athletes and entertainers in perpetuity, because each time a collectible is resold from one collector to another a small percentage of that sale is automatically paid to partners, providing long-term revenues well beyond an athlete's playing days.
Another benefit of Baller's ground-breaking NFTs is that they leverage blockchains to solve the long-standing problem of counterfeit items in the collectibles market. The authenticity and individual ownership of every Baller collectible is verifiable on the blockchain, eliminating the potential for fraud and false ownership claims.
"We are very excited to partner with Baller Mixed Reality and their first-of-a-kind memorabilia," says Brandon Carter, President of Icon Sports. "These metaverse collectibles have the potential to change the collectibles game, allowing our players to generate revenue from both primary sales and secondary sales while eliminating fraud and abuse. Icon Sports looks forward to expanding our market reach and gaining new heights through this partnership."
Stay tuned for additional updates.
ABOUT BALLER MIXED REALITY
Led by Jonathan Herman, Baller Mixed Reality is pioneering the new era of autographed metaverse collectibles with augmented reality NFTs autographed by legendary sports and entertainment figures. According to Crunchbase, Baller is the top ranked 3D Technology Company, top ranked Augmented Reality Company with Seed Funding, and top ranked Blockchain Company with Seed Funding in the United States.
Web: BallerMR.com NFT Collections: OpenSea.io/Baller_Mixed-Reality Contact: info@ballermr.com | (888) 840-1118 Social Links (Twitter, Discord, TikTok, YouTube, Facebook, Instagram, LinkedIn): qr1.be/LT4A
ABOUT AMERICAN LEISURE INC.
American Leisure Holdings Inc. (AMLH) is a tech-forward parent company that recently updated its status with the SEC and OTC Markets. AMLH plans to bring accretive shareholder value by participating in high growth, revenue-generating ventures and acquiring cutting-edge technologies in Web 3.0, NFTs and the metaverse.
Adrian Patasar info@amlh.net | (561) 654-5722
Web: AMLH.io (please note new website)
Twitter: @LeisureAMLH
ICON SPORTS CONTACT: Brandon Carter at BrokerBrothers10@gmail.com
MEDIA CONTACT: Sean Creighton at 845-893-6109 or sean@echelonculture.com
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact included in this presentation are forward-looking statements. These statements relate to analyses and other information, which are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects, developments, and business strategies. These forward-looking statements may be identified by the use of terms and phrases such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'predict,' 'project,' 'target,' 'will' and similar terms and phrases, including references to assumptions. However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions, and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions, or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected or may prove unachievable.
The Company's business and prospects must be considered in light of the risks, expenses, and difficulties frequently encountered by companies working with new and rapidly evolving technologies such as blockchain. These risks include, but are not limited to, an inability to create a viable product and risks related to the issuance of tokens. Furthermore, the Company's business contemplates participation in a highly regulated space of consumer finance and associated customer data and therefore may face regulatory and execution challenges, particularly in light of the novelty of the concept. The Company cannot assure you that it will succeed in addressing these risks, and our failure to do so could have a material adverse effect on our business, financial condition, results of operations, and prospects. There can be no assurance as to whether or when (if ever) the Company will achieve profitability or liquidity. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as otherwise.
SOURCE: American Leisure Holdings, Inc.
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FAQ
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