CANTON, Ohio – (BUSINESS WIRE) – The Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company focused on the power of professional football, announced today that it has signed a partnership with Dolphin Entertainment, Inc. (NASDAQ: DLPN), a leading independent entertainment marketing and premium content developer, to offer non-fungible tokens (“NFTs”) to fans of professional football – and sports entertainment can exclusively buy and sell content developed by HOFV and its partners. The partnership offers the company another opportunity to generate income from its burgeoning media division.
“We are excited to partner with Dolphin, an emerging thought leader in the NFT market, to accelerate our entry into space,” said Michael Crawford, President and CEO of HOFV. “The significant advances we’ve made in our strategic initiatives since going public in July 2020 have enabled us to offer individuals the opportunity to own NFTs associated with original content related to professional football. This partnership gives us another opportunity to get additional value from the unique media projects we have under development. ”
HOFV’s entry into the NFT space reflects the overwhelming demand for this relatively new form of buying digital art and media. HOFV expects its first NFT offering to be linked to its Heisman 2 Hall (“H2H”) platform, developed in partnership with Elite Team Holdings, LLC, to be the exclusive group of only 10 athletes to win a Heisman Trophy and have been inducted into the Pro Football Hall of Fame.
Crawford continued, “The focus in this area at a time when NFTs are becoming increasingly popular shows that our company has the ability to leverage direct access to exclusive content and a robust pipeline of branded and intellectual partnerships. ”
Bill O’Dowd, Dolphin CEO stated, “HOFV is at the forefront of the intersection between professional football and entertainment, which makes them a perfect first partner for Dolphin’s new NFT division. Dolphin’s world-class entertainment marketing companies and the ability to design, produce, release, and promote NFTs will add tremendous value to this powerful partnership. We are very excited to be working with HOFV and its partners to develop and market coveted digital collector NFTs for the large sports fan base. ”
About the Hall of Fame Resort & Entertainment Company
The Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company that works with the Pro Football Hall of Fame to harness the power and popularity of professional football and its legendary players. Hall of Fame Resort & Entertainment Company, headquartered in Canton, Ohio, owns the Hall of Fame Village, operated by Johnson Controls, a versatile sports, entertainment, and media destination around the Pro Football Hall of Fame campus. Further information about 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 advertising services for many of the top brands, both individuals and companies, in the film, television, music, games and hospitality sectors. Viewpoint Creative and Be Social complement their efforts with extensive branding and production functions with full service as well as marketing services for social media and influencers. Dolphin’s legacy content production business, founded by Emmy-nominated CEO Bill O’Dowd, has produced several feature films and award-winning digital series.
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