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.

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 expressions such as “opportunity,” future, “” will “,” Aim “and” looking ahead, and other similar expressions that predict or indicate future events or trends, or 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 beyond the control of the company and which could result in actual results or material differences differ from those discussed in the forward-looking statements. Important factors that could affect actual results or results, among other things, include the inability to anticipate the anticipated benefits of the business combination. Costs related to the business combination; the inability to maintain or maintain listing of the Company’s shares on the Nasdaq; the company’s ability to manage growth; the company’s ability to execute its business plan and deliver on its projections; potential litigation involving the company; Changes in applicable laws or regulations; general economic and market conditions that affect demand for the company’s products and services, particularly economic and market conditions in the resort and entertainment industries; the potential adverse effects of the ongoing global coronavirus pandemic (COVID-19) on capital markets, general economic conditions, unemployment and liquidity, the company’s operations and staff, and the risks and uncertainties that from time to time affect our Discussed reports and other public filings with the SEC. The company assumes no obligation to update or revise any forward-looking statements as a result of new information, future events or for any other reason, except as required by law.