Le Lézard
Classified in: Tourism and vacations, Science and technology, Sports and recreation
Subject: PLW

Fandex Inc. Receives U.S. Patent for Fantasy Sports Stock Exchange Platform


DURHAM, N.C., Nov. 7, 2022 /PRNewswire/ -- Fandex Inc. is excited to announce that the USPTO has granted U.S. Patent No. 11,436,674, which covers key aspects of our fantasy sports team and player stock exchange, further strengthening the company's intellectual property.

"This is a huge moment for us here at Fandex as our team has worked hard since 2017 to create this patented platform and we look forward to speaking with the market leaders in iGaming to discuss licensing and other partnerships" said Matt D'Alessandro, CEO of , Fandex. "The patent not only adds to our intellectual property portfolio covering our novel fantasy sports exchange, but it also strengthens our competitive advantage. We have additional patents pending as part of our IP protection strategy, and we will continue our innovation efforts to further enhance our market position and drive revenue growth."

"We are thrilled about our upcoming World Cup pay-to-play contest with our European betting partner, as well as our regular season and post season contests and partnerships with FanDuel, Sports Grid, PLZ, and others." Stu MacDonald Advisory Board Fandex.

About Fandex Inc.

Fandex is the first stock exchange that allows fans to buy and sell virtual shares of their favorite teams and players in over 12 sports 24/7/365 in and out of season, with more sports being added.  Since 2017, Fandex has pioneered this new form of fantasy gaming/gambling and has been designated a "game of skill". With tens of thousands of users and thousands of dollars given away in prizes, Fandex's pay-to-play and free-to-play model platforms provide sports fans new and addictive ways to enjoy sports.

Contact:
Stu MacDonald [email protected] for further information

SOURCE Fandex, Inc.


These press releases may also interest you

at 14:05
YC-Backed Yoneda Labs Raises $4 Million Seed Led by Khosla Ventures to Build Foundation Model for Chemists
Yoneda Labs, the Y Combinator startup building a foundation model for chemists working in drug discovery, today announced it has raised $4 million in seed capital from Khosla Ventures, 500 Emerging Europe, 468 Capital, Fellows Fund, and Y Combinator....

at 14:02
doxo Responds to U.S. Federal Trade Commission's Misguided Litigation
Yesterday, the U.S Federal Trade Commission filed a lawsuit against doxo, a company working to deliver a better bill-paying experience for consumers and billers, with a complaint that indicates a fundamental misunderstanding of the existing bill-pay...

at 14:00
Bailey & Galyen Obtains $3 Million Verdict in Railway Attack Case Against Allied Universal Security Services
Attorneys Scott Robelen and Clint Lee, of Bailey & Galyen Attorneys at Law, achieved a $3 million award for their client, John Farley, in a case against Allied Universal Security Services. Farley, a 39-year-old conductor, was brutally attacked at the...

at 13:50
Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management
During its IAMPHENOM 2024 Product Innovation Keynote, Phenom announced a massive wave of platform innovations ? including Talent Experience Engine, X+ Agents, Talent Marketer Experience and Talent Leader Experience. These innovations deliver unique...

at 13:50
Northeast Regional Sales Manager Bill LeBeau Elevated to Senior Sales Manager of Distribution and Corporate Accounts at Bishop-Wisecarver
Bishop-Wisecarver, the leading provider of linear and rotary motion products, is proud to announce the promotion of Bill LeBeau to the position of Senior Manager of Distribution and Corporate Accounts. With over 13 years of dedicated service to...

at 13:15
Biz Apps Partner Summit for Microsoft Ecosystem to Deliver FY 25 Insights
Dynamics Communities and Community Summit North America, in collaboration with Microsoft, are introducing the Biz Apps Partner Summit to run July 24-25, 2024, in Bellevue, Washington delivering a 24-hour immersion into FY 25 priorities, opportunities...

More news about Science and technology...


News published on and distributed by: