ChallengerX Plc Launch "Money Pages" Digital Asset Monetization Module
25 Mai 2022 - 4:32PM
UK Regulatory
TIDMCXS
25 May 2022
ChallengerX plc
("ChallengerX" or the "Company")
ChallengerX to Launch "Money Pages" Digital Asset Monetization Module
ChallengerX plc (AQSE: CXS) announces the launch of Money Pages, a key module
in its SaaS 2.0 digital asset monetization platform.
The company will provide Money Pages on a zero-cost, revenue-sharing basis to
all qualified sports clubs, sports leagues, and athletes. The launch represents
a strategic move to provide a friction-free entry point to the company's
ecosystem of sports monetization tools and services.
In addition to serving as a client acquisition tool, Money Pages will form a
core component in the company's digital asset monetization platform, which is
designed to monetize each of the digital touchpoints with which modern sports
fans engage.
Specifically, Money Pages will monetize the high volume of search engine
traffic generated by sports fans looking for information on clubs, leagues, and
players. Their creation will see the company working with its clients to
publish content-rich, search-engine-optimized profiles. The company will then
populate each Money Page with highly-targeted, sports-relevant sponsor offers,
which will generate ongoing passive revenue.
The company fully expects that many of its clients will also choose to deploy
their Money Page as social media profile "bio links," which will generate
additional traffic for each page.
"As an athlete myself, I know how hard monetizing an online presence is when
you don't have agencies and staff to manage it," said Lucas Caneda, COO at
ChallengerX plc. "That's the problem we promise to solve, and Money Pages are a
huge first step in delivering on that promise."
About ChallengerX plc:
Listed on the Aquis Stock Exchange in London, ChallengerX plc is a
Software-as-a-Service "SaaS 2.0" monetization technology and digital marketing
company serving sports clubs, players, sports news sites, and other influencers
around the world. Its technology helps its customers, at no cost, generate
incremental recurring revenues from their existing followers via a proprietary
LOPI ("Leverage Other People's Influence") strategy.
ChallengerX also offers bespoke service packages that help clubs develop and
build their brand, rapidly grow their base of fans, gain additional higher-end
sponsors, and source and sell club merchandise through a club-branded eStore
the Company operates on each club's behalf.
This announcement contains information which, prior to its disclosure,
constituted inside information as stipulated under Regulation 11 of the Market
Abuse (Amendment)(EU Exit) Regulations 2019/310 (as amended).
The directors of ChallengerX plc accept responsibility for this announcement.
For further information please contact:
ChallengerX plc
Olivia Edwards Phone: +44 7467 287353
Chief Executive Officer Email: olivia@challengerx.io
John May Phone: +44 786 071 5075
Non-Executive Chairman Email: john@challengerx.io
First Sentinel
Corporate Adviser Phone: +44 7876 888 011
Brian Stockbridge
END
(END) Dow Jones Newswires
May 25, 2022 10:32 ET (14:32 GMT)
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