GameOn Partners With Sportsology to Develop Next-Gen Fantasy Sports $GAME Infrastructure
VANCOUVER, BC, Nov. 22, 2023 /PRNewswire/ — GameOn (CSE: GET) (OTCQB: GMETF), a next generation fantasy sports platform partnered with the world’s best sports leagues to launch, operate, and monetize web3 games, today announces that it has entered into a letter of intent to complete a software development and support agreement with Sportsology, subject to final documentation. The agreement will drive $2.3m from development fees into Q4, as well as $1.4m in annual recurring revenue from 2024 onward. The total expected value of the deal is $9.3m over five years, with the partnership anticipated to grow and garner further opportunities.
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