FDBL - InvestorNewsBreaks - Friendable Inc. (FDBL) Finding New Ways to Reward and Incentivize Artists
Friendable (OTC: FDBL), a mobile technology and marketing company, recently entered an agreement with Santo Blockchain Labs and Santo Mining Corp for the development of global entertainment and musical artist-driven NFTs and the “Fanpasscrypto” marketplace. Each created NFT is a unique opportunity for a new revenue stream for artists and the two companies. A recent article reads: “Even with the upcoming NFT offering, Fan Pass is still finding ways to reward and incentivize artists, while other streaming companies are facing complaints over their revenue structures. Platforms like Apple and Spotify are taking heat because of how artist royalty distribution is handled… Fan Pass has a payment structure for artists that allows them to take a cut of the monthly subscription costs, but also additional forms of revenue, including ticket sales for VIP events, monthly contests, merchandise, and NFTs in future… Fan Pass also offers premium services that help new and existing artists with merchandise, marketing and other foundational attributes of their craft.”
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About Friendable Inc.
Friendable is a mobile technology and marketing company focused on developing and identifying products, services and brand opportunities with mass-market potential and scalability. Launched July 24, 2020, the company’s new flagship offering, the Fan Pass livestream platform, has proven invaluable for artists and fans alike as performances shifted from the stage to the screen. Even as live shows resume, Fan Pass serves a vital need: providing a virtual stage for artists to perform, earn and engage with fans from around the world. In addition, Fan Pass serves as a VIP or backstage pass, giving fans exclusive access into the lives of their favorite artists. Friendable was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with over 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.com or www.FanPassLive.com.
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