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GameOn Entertainment Technologies Inc. (CSE: GET, OTCQB: GMETF) filed its Q2 financials and mid-year corporate update, announcing a strategic loan of US$550,000 from Proje Ventures Inc. to enhance profitability goals for 2023. The company reported $330,481 in revenue for Q1 and Q2, up from $10,081 in the first half of 2021, aiming for $1 million in revenue by year-end with an 80% gross profit. GameOn is focusing on customer acquisition with over 10 partners engaged, positioning itself for profitability without significant expense increases in 2023.
GameOn Entertainment Technologies Inc. (CSE: GET, OTCQB: GMETF) has entered a strategic partnership with Polygon Studios, securing funding to cover 50% of their ongoing product development costs in the NFT sector. This non-dilutive investment comes as part of Polygon's USD $100 million commitment to gaming projects, reinforcing GameOn's position in the growing blockchain gaming space. With a strong leadership team and existing partnerships, GameOn aims to leverage this investment to accelerate its product development while tapping into the lucrative Indian market for NFTs.
GameOn Entertainment Technologies Inc. (CSE: GET, OTCQB: GMETF) announced a partnership with Chibi Dinos to utilize its NFT Prediction Game, generating guaranteed revenue of USD$120,000 with an expected gross profit of 80%. GameOn will also receive a 50% revenue share from NFT sales related to the game. This partnership expands GameOn's market beyond traditional sports, highlighting innovative fan engagement technologies. Furthermore, the company is engaging multiple firms for investor relations and capital market advisory, including fees totaling USD$7,000 and CAD$12,000.
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