20th June 2023
Mobile Streams plc
("MOS" or "the Company")
Mobile Streams launch sporting art division and sign top artist César Menchaca
Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce it has launched a "sporting Art" division and is honoured to have signed top Mexican artist, César Menchaca, founder and director of Menchaca Studio, a group that is currently the main promoter of Huichol Art worldwide.
The artworks of the Menchaca Studio, www.menchacastudio.com.mx , are becoming part of important collections in Mexico and abroad, are exhibited in several museums in Mexico and USA, and are traded in numerous well-respected auctions. They are displayed in very influential venues, around the world, including luxurious hotel chains such as: Fairmont Hotels in Canada, InterContinental Hotels in Mexico, Four Seasons Hotels and Resorts, etc. Moreover, Menchaca Studio is issued with the Huichol art decoration of several racing cars for Mexico City Grand Prix, as well as with its application on helmets for the NFL. The Longines Global Champions Tour of México has also been accompanied with astonishing Huichol art horse sculptures made by the Menchaca Studio while the Champion's Belt of the World Boxing Council bearing the Menchaca Studio signature.
Under the agreement, the Company can produce versions of selected art from the Menchaca Studio which can link to his real art pieces. The Company will pay the Menchaca Studio a minimal upfront royalty payment and then a revenue share for any Menchaca NFT's sold to the Menchaca Studio.
Non-Fungible Tokens ("NFTs") are digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. In effect the Company's products are digital merchandise. An example would be a sports trading card - NFTs produced under this contract are one-of-a-kind trading cards. If you traded it for a different card, you'd have something completely different.
Mark Epstein, CEO Mobile Streams plc, said:
"We are delighted to announce the launch or our sporting art division and honoured to have César Menchaca as our first signing. He is quite simply the best Huichol artist in the world. We can't wait to collaborate with him and see his enormous talent expressed in the NFT world."
For further information, please contact:
Mobile Streams plc
Nigel Burton, Adviser
+44 77 8523 4447
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
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