Fandom Sports Media Corp announced its peer to peer (P2P) esports wagering platform is live and ready for revenue generation. The company had recently confirmed that it had been approved to provide Skrill and Neteller payment services as solutions. Wagering customers are now able to fund their accounts to facilitate P2P wagering on esports, with eventual sports and other igaming offerings being deployed in Q1 2022.
The P2P platform is now fully integrated with payment solutions and the company’s banking partners. Fandom’s all-ages sports, esports prediction and fan engagement platform is on track for completion in Q1 2022 and will serve as the primary tool for audience aggregation to the overall platform.
In an official press release, David Vinokurov, CEO and President spoke about this new platform and said: "We are super excited to have completed our banking and payments integrations. Now that the first iteration of our modular wagering platform is live, the Company will be transitioning to an operating and revenue generation trajectory. The P2P Esports is the first instance of our modular approach to building out a holistic wagering and prediction platform”.
"Given that the platform as of launch has been purpose built from scratch since Fall of 2020, I am pleased with the corporate progress and development road map to date. Furthermore, with the steady flow of product rollouts and additional potential partnerships on the horizon, I'm confident that 2022 will be a transformational year for value creation and an even more fruitful one than this past year”, he continued.
"We enter 2022 with a strong cash position and numerous opportunities that we will begin weaving together to amplify and expand our presence both in the global wagering and rapidly expanding fan engagement vertical. I'd like to congratulate and thank our entire team for the hard work and dedication to date and we all look forward to realizing our vision for Fandom Sports for the coming year,” Vinokurov concluded as a final balance of the company’s milestones achieved in 2021.