GameOn Launches World's First 'Playable Digital Fighters'

VANCOUVER, BC, Jan. 12, 2023 /PRNewswire/ -- GameOn Entertainment Technologies Inc. (CSE: GET) (OTCQB: GMETF), a leading game technology company partnered with the world's biggest IPs to launch, operate, and monetize web3 games, today announces the launch of Karateka - the world's first playable digital fighters for fantasy games. The digital fighters are in partnership with Karate Combat and set to presale in February. Learn more and sign up for early access at karateka.io.

Karateka leverages GameOn's proprietary PLAYN3XT platform. Fans will buy playable digital fighters, craft a lineup they have true ownership in, and win exclusive prizes driven by real world Karate Combat events. Prizes include VIP tickets to shows, joining the broadcast booth with commentators, fighter meet-and-greets, signed merchandise, and $KARATE tokens. The platform bridges to web3 without the need for wallets or cryptocurrency, making it easy and seamless for all sports fans to engage.

Karate Combat recently announced that it will become the first professional sports league to launch a Decentralized Autonomous Organization (DAO) and transition governance to its fans and athletes. Since debuting in 2018, the league has become one of the world's fastest growing sports franchises, with global distribution in 100+ countries and partnering with CBS, Globo, Eurosport, BeIN, & ESPN. KC37 saw a league-record 10M total viewers.

"Karateka and GameOn's PLAYN3XT platform ushers in the next generation of fantasy sports," said Matt Bailey, CEO of GameOn. "Our technology will launch, manage, and monetize the full stack of this product, from the digital fighter sales to fantasy gameplay. We can't wait to share our most ambitious product yet in Q1."

On Behalf of the Board of Directors:
Matt Bailey, Director & Chief Executive Officer
GameOn Entertainment Technologies Inc.
matt@gameon.app

ABOUT GAMEON ENTERTAINMENT TECHNOLOGIES INC.
GameOn (CSE: GET) (OTCQB: GMETF) partners with the world's biggest sports, media, and entertainment IPs to launch brand-building, money-making web3 games. We turn fans into superfans - engaging, retaining, and monetizing audiences, and getting upside in the entire economic cycle of web3 games. With a diverse team of web3, gaming, sports, and media veterans with experience at Take-Two Interactive, Twitch, EA, Dapper Labs, and the Brooklyn Nets, GameOn works with broadcasters, TV networks, streaming platforms, leagues, tournaments, and web3 companies to launch best-in-class web3 games. Customers include NBCUniversal, Bravo, MX Player, Karate Combat, and Gaming Society.

FORWARD-LOOKING INFORMATION
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SOURCE GameOn Entertainment Technologies Inc.