The9 Limited NCTY

NAS: NCTY | ISIN: US88337K2033   28/03/2024
6,790 USD (+14,12%)
(+14,12%)   28/03/2024

The9 Announced Its NFTSTAR and Luís Figo Signed an Exclusive NFT License Agreement

SINGAPORE, Nov. 16, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its NFT community and trading platform NFTSTAR (www.nftstar.com) has signed an exclusive license agreement with the world-renowned soccer legend Luís Figo. NFTSTAR will exclusively develop, sell and trade NFT collections authorized by Figo.

Luís Figo was born in Almada, Portugal on November 4, 1972. He is an iconic figure of Portuguese soccer. He won the 2000 Ballon d'Or (the best soccer player in Europe), the 2001 FIFA World Player of the Year and Portuguese Footballer of the Year for 6 times. Figo started his career at Sporting CP in Portugal. He joined Barcelona and Real Madrid afterwards and broke the world transfer fee record at that time. Luís Figo won 4 Spanish La Liga titles, 1 UEFA Champions League title and 2 UEFA Super Cup titles. After moving to Inter Milan, he won the Italian Serie A titles for four consecutive seasons. Figo played a total of 127 games on behalf of the Portugal national team, and led the team to get the European Cup runner-up in 2004 and the fourth place in World Cup 2006.

After joining NFTSTAR, Luís Figo will work with NFTSTAR's creative team and artists to develop a series of digital collections, including videos, animations and other digital artworks, to record Figo's career and personal growth beliefs and memorable moments. Figo's digital collection will be launched in a limited amount, and buyers will obtain a set of records of the collection that are certified, non-tamperable, and non-deletable on the blockchain, thereby obtaining the sole ownership of the collection. Users can browse and purchase digital collections of different themes on the NFTSTAR community platform, or trade with other users in the platform's trading market. NFTSTAR will accept universal payment methods such as credit cards so that global users and star fans can participate in transactions.

Just after the conclusion of this great partnership, Luís Figo commented: "I am really excited to join NFTSTAR and looking forward to my first NFT experience. I am happy to know my fans will able to own memorable moments of my career."

The NFTSTAR community platform will cover superstars in various fields, including but not limited to sports, entertainment, art and celebrities in different industries. NFTSTAR community platform aims to create a significant portal to the future metaverse through superstars' NFT collections, trading, and community interaction.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 aims to become a global diversified high-tech Internet company, and is engaged in blockchain business including the operation of cryptocurrency mining and a Non-Fungible Token platform NFTSTAR.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9's control. The9 may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9's goal and strategies; The9's expansion plans; The9's future business development, financial condition and results of operations; The9's expectations regarding demand for, and market acceptance of, its products and services; The9's expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE The9 Limited

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