Hall of Fame Resort & Entertainment Company, in Partnership with Dolphin Entertainment and H2H, Announces First NFT Offering
April 08 2021 - 8:00AM
Business Wire
Offering will allow sports fans to buy
and sell merchandise and other content associated with the 10
athletes who won the Heisman Trophy and are members of the Pro
Football Hall of Fame (“H2H Legends”)
Hall of Fame Resort & Entertainment Company (“HOFV” or the
“Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment
and media company centered around the power of professional
football, today announced its first non-fungible tokens (“NFTs”)
offering in partnership with Dolphin Entertainment, Inc. (“Dolphin
Entertainment”) (NASDAQ: DLPN) and Elite Holdings LLC (“Elite
Holdings”), the entity which owns H2H. Together, the companies will
develop, market, promote and sell NFTs associated with the H2H
Legends.
Michael Crawford, President and CEO of HOFV, said, “As an
organization that operates at the intersection of sports and
entertainment, it is our responsibility to leverage the access we
have to unique content to build one-of-a-kind fan engagement
opportunities across all of our business verticals. The demand for
NFTs associated with sports has already been overwhelming. Given
the brand partnerships we have with entities like the NFL Alumni
Association, the Pro Football Hall of Fame and many others, we will
continue to create a strong pipeline of content that will excite
consumers for years to come.”
The first three NFT offerings will be connected to the exclusive
group of H2H Legends. These athletes are among the greatest to ever
take the field, both in college and professionally, and include
wide receiver Tim Brown and running backs Earl Campbell and Doak
Walker. Utilizing Dolphin Entertainment’s direct access to some of
the most elite creative artists in the industry, the H2H Legends’
likenesses will be brought to life in the quickly evolving NFT
universe.
Crawford continued, “I am thrilled that the subjects of our
first NFTs will be centered around three of the most accomplished
athletes to ever play football. Not only will these be
one-of-a-kind collectables, but we will also offer special,
interactive engagement opportunities to enhance the value of these
NFTs for those who purchase them. We expect to have these NFTs
available on one of the premier sales platforms very soon.”
The NFT offering is an extension of HOFV’s previously announced
partnership with Elite Holdings to create, produce and distribute
The Perfect Ten, the original documentary showcasing the life and
accomplishments of the H2H Legends.
About Hall of Fame Resort & Entertainment Company
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV,
HOFVW) is a resort and entertainment company leveraging the power
and popularity of professional football and its legendary players
in partnership with the Pro Football Hall of Fame. Headquartered in
Canton, Ohio, the Hall of Fame Resort & Entertainment Company
is the owner of the Hall of Fame Village powered by Johnson
Controls, a multi-use sports, entertainment and media destination
centered around the Pro Football Hall of Fame's campus. Additional
information on the Company can be found at www.HOFREco.com.
About Dolphin Entertainment, Inc.
Dolphin Entertainment is a leading independent entertainment
marketing and premium content development company. Through our
subsidiaries 42West, The Door and Shore Fire Media, we provide
expert strategic marketing and publicity services to many of the
top brands, both individual and corporate, in the film, television,
music, gaming and hospitality industries. Viewpoint Creative and Be
Social complement their efforts with full-service creative branding
and production capabilities as well as social media and influencer
marketing services. Dolphin's legacy content production business,
founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple
feature films and award-winning digital series.
About Elite Team Holdings LLC
Elite Team Holdings LLC, based in Dallas, Texas, is a
sponsorship and brand management company established to promote the
H2H concept for the benefit of the H2H Legends and their families,
by telling the story of this group of athletes who both won a
Heisman Trophy and were enshrined into the Pro Football Hall of
Fame. Elite will produce original content and pursue sponsorship
and branding opportunities around the H2H platform. The founders of
Elite have also established The H2H Foundation, a not-for-profit
foundation dedicated to positively impacting communities and
charitable causes around the country.
Forward-Looking Statements
Certain statements made herein are “forward-looking statements”
within the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words and phrases such
as “opportunity,” “future,” “will,” “goal,” and “look forward” and
other similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the Company’s control, that
could cause actual results or outcomes to differ materially from
those discussed in the forward-looking statements. Important
factors, among others, that may affect actual results or outcomes
include the inability to recognize the anticipated benefits of the
business combination; costs related to the business combination;
the inability to obtain or maintain the listing of the Company’s
shares on Nasdaq; the Company’s ability to manage growth; the
Company’s ability to execute its business plan and meet its
projections; potential litigation involving the Company; changes in
applicable laws or regulations; general economic and market
conditions impacting demand for the Company’s products and
services, and in particular economic and market conditions in the
resort and entertainment industry; the potential adverse effects of
the ongoing global coronavirus (COVID-19) pandemic on capital
markets, general economic conditions, unemployment and the
Company’s liquidity, operations and personnel, as well as those
risks and uncertainties discussed from time to time in our reports
and other public filings with the SEC. The Company does not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210408005292/en/
Media/Investors: For Hall of Fame Resort &
Entertainment Company Media Inquiries: public.relations@hofreco.com
Investor Inquiries: investor.relations@hofreco.com
For Dolphin Entertainment, Inc. Investor Inquiries: James
Carbonara, james@haydenir.com
For Elite Holdings, LLC Marc Bluestein
mbluestein@aquarius-se.com 301-604-2606
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