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VANCOUVER,
"We are extremely excited to receive conditional approval for the significant investment in First XI" says Zula Kropivnitski, CFO of
Planet's management team continues to monitor its current portfolio of investments in the eSports, cannabis as well as several disruptive technology industries and will provide further updates over the coming months.
About eSports
eSports has now been recognized an "explosive billion-dollar industry" with events occupying massive stadiums, and with millions of spectators watching through streaming services. Newzoo, a market analytics company, estimates that the eSports market could reach
About First XI
First XI's unique business model combines the passion for Football & eSports with cutting edge gamer technology combined with exclusive access to football stars. First XI, is the first sports media company to produce and manage e-Sports teams made up entirely of professional soccer players alongside soccer legends who will play against, participate and engage with football fans and gamers as part of a unique and exciting gaming experience.
First XI's licensed proprietary technology platform will provide a 24/7 gamer hub, dedicated to gamers and soccer fans delivering live competitive e-Sports competitions, professional events, jackpot prizes, news, games updates, live media partner information. 1st XI's game platform offers players multiple game options, via syndicated and collective peer-to-peer group play.
Subscribers & First XI Gold, Silver,
First XI's social reach, delivers relevant and compelling content with its ability to drive revenues, deliver a significant audience and attract International brands on a global basis.
Combining the passion for football alongside the significant growth in e-Sports, offers a unique opportunity to build a subscriber base of millions of dedicated sports fans.
The company is based in the
First XI also has a fully licensed online gaming platform licensed under the
About
For more information, please visit our website: planetventuresinc.com
ON BEHALF OF THE BOARD
"Zula Kropivnitski"
Zula Kropivnitski
Chief Financial Officer and Director
INVESTOR RELATIONS CONTACT
Tel: (604) 681-0084
Fax: (604) 681-0094
Email: info@planetventuresinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for the adequacyor accuracyof this release.
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Copyright (c) 2020 TheNewswire - All rights reserved., source