STOCK TITAN

GameOn Live Fantasy Set to Launch for Euro 2024, Powered by the $GAME Token

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

GameOn (CSE: GET, OTCQB: GMETF) is launching GameOn Live Fantasy for Euro 2024, powered by the $GAME token. This mobile-first, next-generation fantasy sports platform aims to enhance fan engagement through immersive experiences. The beta version will collect community feedback and features a $200,000 prize pool. $GAME token holders gain rewards, participate in raffles, and enjoy exclusive experiences. Following the beta, full launch is set for the LALIGA season in August, including player avatar packs in July. The app will be available next week on major app stores.

Positive
  • $200,000 prize pool for beta launch enhances user engagement.
  • Launch timed with Euro 2024, maximizing initial user interest.
  • $GAME token rewards incentivize holding and engagement.
  • Exclusive rewards and experiences from LALIGA, PFL, and Karate Combat.
  • Scheduled full launch for LALIGA season in August.
  • Player avatars add a new layer of interactivity and reward potential.
  • App availability on both App Store and Google Play broadens user base.
Negative
  • Beta phase implies potential for bugs and user dissatisfaction.
  • Reliance on $GAME token may limit user base to those familiar with cryptocurrencies.
  • High competition in the fantasy sports market could pose challenges.
  • Future success heavily dependent on community feedback and adoption.

VANCOUVER, BC, June 6, 2024 /PRNewswire/ -- GameOn (CSE: GET) (OTCQB: GMETF), a mobile-first, next-gen fantasy sports gaming company, is thrilled to announce the launch of GameOn Live Fantasy in time for the UEFA European Football Championship (Euro 2024) on June 14. This marks a significant milestone in bringing fans closer to their favorite athletes, teams, and leagues through immersive fantasy sports experiences.

Powered by $GAME, GameOn is built on web3 in a context fans are familiar with, leveling up the fantasy sports experience

GameOn Live Fantasy will initially launch in beta format. The beta period will be used to gather community feedback and refine the product before the full launch. A massive prize pool worth over $200,000 will be up for grabs, including $GAME tokens, VIP experiences, signed merchandise, and game tickets.

GameOn Live Fantasy is powered by the $GAME token, which recently launched on KuCoin, Gate, and MEXC in collaboration with Sportsology. Holders of $GAME will be treated to an elevated fantasy sports experience:

  • Hold $GAME and receive a reward multiplier based on your $GAME ownership tier. The more $GAME you hold, the greater your rewards.
  • Hold $GAME and enter monthly raffles on GameOn's X and Discord, worth tens of thousands of dollars. Monthly raffle prizes include $GAME tokens and exclusive rewards from GameOn's league partners, LALIGA, PFL, and Karate Combat.

Post-beta, GameOn Live Fantasy is scheduled to fully launch for the upcoming LALIGA season in August. This will include player avatar packs that are scheduled for July, allowing fans to own, trade, and play with digital representations of their favorite athletes. Player avatars not only enhance the gaming experience but also boost points during matches, with higher rarities providing better rewards. Fans will also use $GAME to buy player avatar packs, power up their players, redeem exclusive rewards, and vote on new products and features.

Recent LALIGA highlights include Real Madrid's Champions League triumph and the high-profile signing of Kylian Mbappé, both of which set a vibrant backdrop for the release of GameOn Live Fantasy. The app will be available on the App Store and Google Play next week. Join the waitlist by visiting GameOn's website.

"GameOn Live Fantasy will change the way we play, headlined by true asset ownership, unified rewards, and interoperability between leagues," said Matt Bailey, CEO at GameOn. "Powered by $GAME, GameOn is built on web3 in a context fans are familiar with. We're leveling up fantasy sports while onboarding the masses to blockchain."

On Behalf of the Board of Directors:
Matt Bailey, Director & Chief Executive Officer
GameOn Entertainment Technologies Inc.
matt@gameon.app

About GameOn
Founded in 2018, GameOn (CSE: GET) (OTCQB: GMETF) is a mobile-first, next-gen fantasy sports gaming company, integrating web3 technology to enhance player engagement and asset ownership. Through partnerships with premier sports leagues such as LALIGA, PFL, and Karate Combat, and leveraging blockchain solutions from Arbitrum, GameOn is delivering a rich, interactive fantasy sports gaming experience. The $GAME token, crafted in partnership with Sportsology, allows fans globally to compete, engage, and win rewards based on actual sports results. GameOn is setting new standards in the evolution of fantasy gaming, offering unprecedented ways for fans to connect with the sports they love.

Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could," "estimates," "expects," "forecasts," "projects" and similar expressions, and the negative of such expressions. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information in this news release includes, without limitation, statements regarding the future plans and objectives of the Company, execution of business strategy, future performance and future growth, business prospects, synergies and opportunities of the Company and its related subsidiaries, and other factors beyond the Company's control.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made, including, but not limited to the Company being able to capitalize on the acquired assets, the ability of acquired assets to maintain its value as presently contemplated, the synergies of the acquired assets with the Company's operations, and such other assumptions presented in the Company's disclosure record. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and GameOn disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gameon-live-fantasy-set-to-launch-for-euro-2024-powered-by-the-game-token-302166074.html

SOURCE GameOn Entertainment Technologies Inc.

FAQ

What is the launch date for GameOn Live Fantasy?

GameOn Live Fantasy will launch in time for Euro 2024 on June 14, 2024.

What is GameOn's stock symbol?

GameOn's stock symbol is GMETF.

What are the rewards for holding $GAME tokens?

Holders of $GAME tokens receive reward multipliers, access to monthly raffles, and exclusive rewards from league partners.

When will the full version of GameOn Live Fantasy launch?

The full launch is scheduled for the LALIGA season in August 2024.

What platforms will GameOn Live Fantasy be available on?

The app will be available on the App Store and Google Play.

What is included in the prize pool for the beta phase?

The beta prize pool includes over $200,000 worth of $GAME tokens, VIP experiences, signed merchandise, and game tickets.

GAMEON ENTMT TECHNOLOGIES

OTC:GMETF

GMETF Rankings

GMETF Latest News

GMETF Stock Data

1.00M
46.62M
31.62%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
Vancouver