NFT Partnership with Atlante from Mobile Streams
Mobile Streams announced that it has partnered with Atlante, one of Mexico’s football clubs, with NFT.
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In the statements made, the company signed a 5-year contract with the Atlante club for the purpose of creating unique tokens (NFTs) and brand usage partnership. The partnership, which has been formalized by the contract, is aimed to combine the fields of sports and Blockchain, which people are very interested in.
Mobile Streams Will Pay Atlante NFT Revenue
The mobile content and data sharing platform will make regular payments to the Atlante club in accordance with the contract. The terms included a revenue share and a small down payment to the club. The contract also underlined that a minimum income distribution will be made if the targeted one-year conditions are met.
The creator will earn permanent revenue from sales and mobile streams as per the contract with the Mexican representative. While using Atlante Football Club’s image and brand value, it will pay royalties from all earned income. The company was scheduled to pay around 10 percent royalties to the club. After the necessary payments and transfers, the content platform will leave the deal with approximately $3.7 million in revenue.
The CEO of the company, Mark Epstein, said:
This partnership, made after contracts with Puma and the Mexican National Team, shows how well we do our business in the region and our commitment to our work.