Regulatory Filings • Mar 22, 2023
Regulatory Filings
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CRYPTO BLOCKCHAIN INDUSTRIES (CBI, Euronext Growth Paris: FR0014007LW0, ALCBI) announces the signature of the first five strategic agreements with major European and South American football clubs for the creation of five virtual worlds dedicated to each of these clubs within the "Football at AlphaVerse" (FAV) universe devoted to football.
Located in Spain, Great Britain and South America, the first five clubs to sign licensing agreements with CBI are iconic national clubs, league champions and historical clubs with large fan bases. Their stadiums total over 220,000 seats which will represent as many NFTs in the virtual worlds. Club announcements are in the works and several agreements with other clubs are still being finalised. To follow the news of Football at AlphaVerse, and AlphaVerse in general, please visit https://alphaverse.com/news/.
In these virtual worlds dedicated to each of these football clubs, visitors will be able to move around in different 3D spaces. The stadiums of the clubs, totaling more than 220,000 seats for these five clubs, the training centers and the general atmosphere of the clubs' cities will be reproduced to offer all visitors and fans a new experience of proximity.
AlphaVerse's principle of openness is respected: the creation of an account can be done without crypto-currency and microtransactions will be offered in classic currencies or in crypto-currencies.
In particular, fans will be able to purchase virtual seats to access a number of opportunities in real life (including the possibility to win tickets to the real game) or in the virtual world (allocation of NFTs with the club's image, mini-games, etc.). The audiovisual content will cover professional teams, women's teams, youth teams and all club news.
With Football at AlphaVerse (FAV), football, considered the most popular sport in the world, will now have its own 3D virtual world where fans from all over the world can meet, be entertained and informed.
The partnership agreements between the clubs and AlphaVerse take the form of long-term licenses, with royalty rates and guaranteed minimums typical of this type of contract and in line with market practice. Revenues will be shared between CBI and the club. These contracts contain, as the case may be, exclusivity clauses.
The sources of income for CBI are mainly the following:
• Income from mini-games.
CBI, assisted by partner studios with over 60 development, Web3 and game specialists, is in charge of creating the worlds in close collaboration with the clubs.
The first football worlds are scheduled to open in the 2023-2024 financial year (1 April 2023 - 31 March 2024) of CBI.
The realization of projects, as well as their operational budget and financing plan, remain fundamentally subject to uncertainties, and the nonrealisation of the underlying assumptions may have a significant impact on the value of the assets and liabilities.
CRYPTO BLOCKCHAIN INDUSTRIES ("CBI") is a French company that develops, operates and invests in video games, business applications and selected projects relating to the blockchain, non-fungible tokens ("NFTs") and cryptocurrencies. Founded by Frédéric Chesnais, a renowned gaming industry entrepreneur and blockchain pioneer, CBI aims to develop and unlock value from a portfolio of blockchain activities across multiple industries (video games, finance, logistics, etc.) with a view to capitalizing on this technology, either directly orthrough partnerships. CBI has already made several investments and is currently launching AlphaVerse, a blockchain technology-based virtual world, or metaverse. CBI shares are listed on the E2 compartment (Public offer) of the Euronext Growth Paris stock exchange.
Learn more at www.cbicorp.io and www.alphaverse.com
Listing Sponsor Atout Capital Rodolphe OSSOLA [email protected] Financial Communication Calyptus Darius Dinu +33 1 53 65 68 68 [email protected]
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