Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Executive Vice President of Business Development, Mike Canevaro joined Steve Darling from Proactive to share news the company has a new relationship with REVEL XP, which delivers fan engagement across collegiate athletics and professional sports.
Canevaro shares with Proactive the deal will see Fobi receive an initial setup fee for each event they do and also see licensing revenue for each Wallet pass distributed to fans. REVELXP will utilize Fobi’s Wallet pass technology to provide fans with a digital ticket for the company’s premium hospitality events at select NCAA Div. 1 Football Power 5 schools.