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CXS ChallengerX plc

0.325
0.00 (0.00%)
26 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
ChallengerX plc AQSE:CXS Aquis Stock Exchange Ordinary Share GB00BMD0WG01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.325 0.30 0.70 0.50 0.30 0.325 310,810 16:29:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ChallengerX Plc Launch "Money Pages" Digital Asset Monetization Module

25/05/2022 3:32pm

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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