Mobile Streams PLC announced on Friday that it has begun marketing the Mexican National Football Team’s non-fungible tokens that it will produce.
On Friday around midday, shares in the London-based mobile content provider were up 5.6% to 0.30 pence each. Mobile Streams announced in August that it had signed a three-year contract to be the Mexican National Football Team’s exclusive global producer and provider of NFTs.
It stated that the contract would start on September 1 and last three years.
The company will produce a wide range of collectible trading card NFTs for the Mexican National Team for an undisclosed sum.
“NFTs are digital data stored in a blockchain, a type of distributed ledger. The blockchain records the ownership of an NFT, which can be transferred by the owner, allowing NFTs to be sold and traded.
In essence, the company’s products are digital merchandise,” explained Mobile Streams.
The company announced on Friday that its website would begin accepting sign-ups immediately, as its marketing stage for the NFTs has gone live.
Mobile Streams announced in July that it had signed a five-year contract to be the Pumas football club’s exclusive global producer and provider of NFTs. Club Universidad Nacional AC – Pumas – is one of Mexico’s “big four” football clubs, with a fan base primarily in Mexico and the United States.
Marketing for Mobile Stream’s Pumas football club NFTs began earlier this month.
It also stated that these products are in ‘extremely high demand.’ “Getting these two sites live is a real milestone for the MOS team and the business.” said CEO Mark Epstein. “We have begun marketing for both of the Mexico contracts we have announced. The NFTs will be available soon, and we can’t wait for people to see what we’ve created. We believe they will engage football fans worldwide while also providing enormous value to our partners and those who own the NFTs.” Epstein continued.