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Universal Media Group Announces Licensing Agreement with NFTFLY for a Celebrity NFT Launchpad

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Universal Media Group (OTC Pink: UMGP) has signed an agreement with NFTFLY, a codeless NFT launchpad, to facilitate streamlined NFT projects for creators. The NFT market exceeded $40 billion in 2021, positioning UMGP to aid celebrities in launching their NFT initiatives through a new 'Concierge Service.' The first project involves UFC Hall of Famer Rashad Evans. UMGP plans to introduce multiple projects over the forthcoming weeks, further enhancing its digital media portfolio.

Positive
  • Partnership with NFTFLY allows UMGP to enter the booming NFT market.
  • Targeting the lucrative celebrity market for NFT projects.
  • First project set with Rashad Evans, potentially increasing visibility.
Negative
  • None.

Boca Raton, Florida, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Universal Media Group Inc. (OTC Pink: UMGP) is excited to announce a newly executed agreement with NFTFLY, Inc, which is a codeless NFT launchpad, an all-in-one solution to streamline NFT projects providing fair drops for both single and multi-tier NFT Launches. It can generate any number of layer combinations for an NFTs project. This technology will help creators launch within minutes of finished design work. Universal Media’s constant drive to be at the forefront of digital media technology made our entrance into the NFT Market a necessity, according to CEO, Mike Sherman.  With the NFT market surpassing $40B in 2021, many of our celebrities are looking for a trusted partner to help guide them through an NFT project, and we are happy to assist our celebrity clientele with our “Concierge Service” for their projects.

We will be launching dozens of projects over the next few weeks and months which will include many household names. Our client list is a “Who’s Who” of Hollywood Celebrities, Music Icons, and Professional Athletes. We are excited to announce that our first project will be with UFC Hall of Famer, and Former Champion “Suga” Rashad Evans. We are looking forward to multiple projects with Rashad who will be an Ambassador for our NFT platform in addition to launching his own projects with Universal Media Group.

We have been very busy for the last few months and have some great partnership, distribution, and production updates to follow. Please follow us on Twitter @UMGP_IR for more frequent updates and news. 

About Rashad Evans:
 ”SUGA” Rashad Evans is a Mixed Martial Arts and UFC Champion Hall of Famer.  Rashad was the Star of the Season 1 Television Show “The Ultimate Fighter”. After a Hall of Fame career in the UFC, in 2018 Evans announced his retirement from the UFC and was inducted into the UFC Hall of Fame in 2019.  Evan’s returned to the ring for the first time since 2018 for Khabib Nurmagomedov's Eagle FC 44 on January 28, 2022, and won his fight by unanimous decision.

About Universal Media Group Inc.:
UMGP is a digital media company with multiple revenue verticals including “Before the Fame”, “On the Mike”, “High School Icon”, and a new NFT Universal Media Celebrity Launchpad, as well as an exciting new PODcast starring Rashad Evans and Mike Sherman. UMGP attracts some of the brightest stars in music, film, and sports to participate in our programming.  www.umediagroupinc.com

Contact:
Universal Media Group Inc. 
Michael Sherman
ms@umediagroupinc.com
561-908-3333

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FAQ

What recent agreement did UMGP announce?

UMGP announced a partnership with NFTFLY to facilitate NFT projects.

How much did the NFT market surpass in 2021?

The NFT market surpassed $40 billion in 2021.

Who is the first celebrity involved in UMGP's NFT project?

The first celebrity project will feature UFC Hall of Famer Rashad Evans.

What is UMGP's new Concierge Service for NFTs?

The Concierge Service aims to assist celebrities in their NFT project launches.

What ticker symbol does Universal Media Group trade under?

Universal Media Group trades under the ticker symbol UMGP.

UNIVERSAL MEDIA GROUP INC

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