ImagineAR selected by 13 sports organizations and media broadcasters on Hype Sports Innovation Draft Day

ImagineAR selected by 13 sports organizations and media broadcasters on Hype Sports Innovation Draft Day

Proactive Investors

Published

ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) announced Thursday that 13 sport teams, federations and media broadcasters selected the company during the Hype Sports Innovation Draft Day on March 31. "Today's Hype Sports Innovation Draft Day was a historic event for the stakeholders of ImagineAR that goes beyond the selection of 13 rights holders representing a worldwide list of sports federations, teams, and media broadcast groups," said Neal Bendesky, ImagineAR's vice president of sports, said in a statement.  "We are appreciative to Ryan McCumber and the Hype team for offering this unique opportunity for emerging start-ups to help these partners to adjust and innovate after the pandemic. Our augmented reality platform is an effective tool to assist the sports, music, retail and entertainment industries imagine and adapt to blaze a new trail for their business models.”  READ: ImagineAR and Liquid Avatar say world-renowned Beatles painter Shannon will release AR-enhanced NFTs Thanks to Hype, Bendesky said the company can now brand and activate its AR solutions for its worldwide clients including: NFL: Minnesota Vikings MLB:  Philadelphia Phillies NHL: St. Louis Blues, Vegas Golden Knights World Governing Body of Cricket: International Cricket Council (ICC) World Governing Body of Football: Deutscher Fußball-Bund (DFB) Bundesliga: 1. FC Koln Leading provider of Local Sports & News (USA): Sinclair Broadcast Group Leading provider Mass Media & Sports Properties (Canada): Rogers Sports & Media Serie A (Top flight of Italian Football): Bologna FC Uruguayan Primera Division: C.FdeF MLS & USL:  Inter Miami Categoria Primera A: Atletico Nacional ImagineAR said HYPE Sports Innovation has built the largest global ecosystem in sports innovation. With over 40,000 members, including retail brands, athletic clubs, federations, and academia together with over 11,000 startups, HYPE has an unrivaled capacity for outreach to global partners across all sectors in this highly diverse field. Other company news In other company, ImagineAR said that Noah Cyrus, King Princess, and Megan Thee Stallion came together for GrubHub Sound Bites's first-ever immersive AR livestream concert. The free event, which virtually took place on March 26, honored Women's History Month and World Central Kitchen. As part of the ImagineAR experience, fans were encouraged to scan customized QR codes that appeared throughout the show to receive special discounts and perks. Those included a chance to win a meet-and-greet with each artist, seeing behind-the-scenes footage, winning a $5 perk to place orders, and chances to win a GrubHub gift card. Within the first 48 hours following the livestream, over 10 million viewers engaged with the content while driving over 160,000 interactions from the QR's scan engagement, the company said. "This was ImagineAR's first successful WebAR event for First Tube Media and probably the biggest music live streaming WebAR event in history,” said ImagineAR CEO Alen Paul Silverrstieen. ImagineAR also announced that the company granted 1.5 million stock options to directors and officers. The options will vest 50% on the date of grant with the remainder vesting in 90 days and each option entitles the holder thereof to purchase one common share at $0.41 each for a period of three years. Contact the author: patrick@proactiveinvestors.com Follow him on Twitter @PatrickMGraham

Full Article