Business
Aquarius AI Announces It Has Entered into a Software Reseller and Platform License Agreement with Backstageplay Inc.
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2020) - Aquarius AI Inc. (TSXV: AQ...
About this update from Backstageplay Inc.
[{"type":"text","content":"Aquarius AI Announces It Has Entered into a Software Reseller and Platform License Agreement with Backstageplay Inc.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2020) - Aquarius AI Inc. (TSXV: AQUA) (FSE: 4G5N) (\"AQUA\", or the \"Company\") is pleased to announce it has entered into a Software Reseller and Platform License Agreement with Backstageplay Inc. (TSXV: BP), whereby Backstageplay will provide the Company, and its brands, customers and prospects) with access to its celebrity and influencer gamification platform which is described at www.backstageplay.com.Backstageplay's gamification platform allows artists and influencers to offer their fans and followers gamification tools, where fans can subscribe to play games and win unique 'money can't buy' rewards. The Reseller Agreement provides AQUA with a recurring revenue share on revenue generated by Artists and their fans. The Backstageplay platform is built using the robust social gaming technology platform created by Canadian-based Parlay Games Inc. (www.parlaygames.com), which has provided commercial online gaming solutions since 1998.\"Access to the Backstageplay social gaming platform extends AQUA's customer acquisition and retention tools, allowing customers and their fans to generate new revenue streams through gamification. AQUA's core expertise is in customer acquisition and by offering multiple ways to attract and profit from that customer acquisition, AQUA will realize greater customer economies of scale. Our relationships, distribution and license agreements with Gemini give us access to celebrities, artists and their fans in sports, music, radio and television giving us the ability to offer additional and unique and compelling content to our customers,\" said AQUA's Chris Bradley.\"We are delighted to be working with the team at Aquarius AI Inc.,\" said Scott White Backstagplay's CEO, \"who have deep and meaningful distribution and access into the Canadian and international radio, sports and celebrity circles. During these difficult COVID times, when land based artist venues have all but ceased to operate, Backstageplay's social gaming assets can assist these professionals generate new and material revenue streams, while at the same time generating meaningful fan loyalty through gamification and competition.\"For further information: Aquarius AI ...