- GameOn (GET) and Tetavi have joined forces to launch an NFT music discovery game
- The NFT game will enable fans to build their own record labels via undiscovered artist NFT investments
- The partnership is GameOn’s largest to date
- GameOn Entertainment provides media, entertainment and sports companies with innovative white-label game technologies
- GameOn (GET) is up by 11.11 per cent trading at $0.15 per share
GameOn (GET) and Tetavi have joined forces to launch an NFT music discovery game.
Tetavi is a new media technology company and leader in volumetric video capture. It offers photorealistic digital content and immersive experiences geared toward the metaverse and Web 3.0.
The NFT game will enable fans to build their own record labels via undiscovered artist NFT investments which provide royalties in perpetuity.
The partnership, GameOn’s largest to date, includes potential revenue from upfront setup fees, recurring monthly license fees and revenue share from the initial mint of NFTs and ongoing secondary sales.
GameOn’s generated and booked revenue across 2022 and 2023 now stands at more than C$1M with an expected gross profit of 80 per cent.
“Tetavi is one of the few pioneers within the immersive entertainment space, and we are confident that this partnership will mutually benefit both organizations,” said Matt Bailey, GameOn’s CEO.
“Through this product we are able to help musicians unlock new paths to revenue, give them more control over their music, and bring fans closer to their favorite upcoming artists more than ever before,” added Gilad Talmon, Tetavi’s CEO.
GameOn Entertainment, a Victory Square (VST) portfolio company, provides media, entertainment and sports companies with innovative white-label game technologies.
GameOn (GET) is up by 11.11 per cent trading at $0.15 per share as of 10:34 am EST.
