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Vancouver, British Columbia–(Newsfile Corp. – February 22, 2022) – Backstageplay Inc. (TSXV: BP) (the “Company”) announced today that it has entered into a controlled license and software agreement with Cash Live Entertainment Inc. (https://www. cash. live) (“Cash Live”), the operators of the new state-of-the-art live poker game available on the Apple AppStore and Google Play (https://cashlivepoker. page. link/46xQ), which streams daily at 3:00 p. m. m. y at 6:00 p. m. PST.
Optimized for the mobile poker generation, the Cash Live app gives players a hosted, live-streamed and loose mobile poker entertainment experience, providing undeniable all-in or fold gameplay. Cash Live’s “live as a service” platform and streaming Production is an impressive demonstration of mobile streaming features and has the potential to reinvent the number of social games and casino reports consumed. next months.
Given its roots in the iGaming and social gaming industries, Backstageplay will license a copy of its SaaS generation platform and games, as they will be incorporated into certain Cash Live product and gaming assets, so that the parties can jointly expand and offer game display content. perfectly adapted to this new live gaming experience.
The components percentage of the profit generated through those products, with Backstageplay providing those games as a component of its SaaS social platform, to B2C consumers for live streaming social content. Backstageplay will assist Cash Live in the investment component of those projects, game by game, with an initial commitment to the progression of two games. Backstageplay will make greater use of its contacts in the iGaming industry in its efforts to commercially expand and advertise Cash Live and new co-expanded gaming offerings.
In response to cash live access to and use of the company’s SaaS platform and gaming assets for those co-development projects, Backstageplay will be remunerated, in part, with cash live’s equity as a commitment to this exciting new innovative gaming platform.
“We are thrilled to join forces with this excellent, fast-developing local generation team founded in Vancouver,” said Scott White, general manager of Backstageplay. “With our extensive experience in iGaming and our deep roots with vendors and operators in this developing industry, in addition to developing new content in conjunction with Cash Live, we intend to use our relationships to license those new products and controlled facilities to a developing iGaming and social. gaming market in North america and North America. We are very excited to work in combination to create these new products. “
“We are pleased to announce our first white label contract that leverages our Live-as-a-Service platform,” said Matt Jarvis, CEO of Cash Live Entertainment. “We are thrilled with the interest and popularity of our existing Cash Live games. and excited to explore how other studios and game makers can leverage our software and live streaming responses in some way for this deal we’re launching with Backstageplay. “
This agreement with Cash Live is the first of several joint development agreements that Backstageplay has worked on and expects to provide further updates on its progress on other complementary gaming and blockchain products in the coming weeks and months.
About Backstageplay Inc.
Backstageplay, Inc. es an online and mobile marketing and entertainment company active in social gaming and retention software and services. For more information, please refer to Sedar’s or the Company’s recent filings in www. backstageplay. com.
For information, please contact:
Backstageplay contacts:
Scott White, CEO1 (416) 704-6611scott@backstageplay. com
Sean Hodgins, Chief Financial Officer1 (778) 318-1514sean@backstageplay. com
Neither TSX Venture Exchange nor IROC accepts responsibility for the adequacy or accuracy of this release. All statements contained in this press release, other than statements of old facts, are forward-looking statements and such forward-looking statements constitute management’s existing ideals in connection with the Company’s business and may not be made. The Company expressly disclaims any purpose of updating or revising any forward-looking statements. This press release does not constitute an offer to sell or a solicitation for sale of securities in the United States. The Company’s securities will not be registered under the U. S. Securities Act. UU. de 1933, as amended, or any state securities law.
To view the original edition of this press release, visit https://www. newsfilecorp. com/release/114424