Tag Archives: SPE

Feldspar to Build World’s First Sensor-Enabled Running Track To Boost Athlete Performance And Transform Live Sports Experiences


  • For the first time, integrated sensing technologies will capture athletes’ footsteps directly on the track, transforming performance analysis through real-time data.
  • Through patent-pending technologies, the performance running track will enable athletes to achieve faster running speeds, beyond what is currently possible.
  • Paving the way to new visually captivating experiences for live sports fans, the track is the first of its kind to offer historically hard-to-reach insights and real-time analytics.
  • AI-driven data analytics tool to help transform coaching, allowing athletes to train and compete more effectively, identify risk areas of potential injuries.

LONDON, July 8, 2024 /PRNewswire/ — Feldspar Limited [“Feldspar”], the UK-based technology company, today announced that it is building the world’s first sensor-enabled performance running track, poised to redefine athletic performance and live sports entertainment. This pioneering innovation represents the first major technological advancement in track and field running in nearly 60 years, laying the foundation for an unparalleled new immersive experience in live sports.

For the first time, Feldspar’s performance running track will incorporate advanced sensors in addition to camera-based methods to directly measure the movement of athletes through their footsteps and stride to capture data in real-time, bringing new levels of precision in analysing running performance. 

Feldspar’s next-generation modular sports flooring and tracking software solution will integrate patent-pending technologies and state-of-the-art materials into the track design, enabling a novel and unprecedented way of energy return and conversion*. This performance innovation will allow athletes to achieve a faster running speed compared to what is currently possible today and push the boundaries of human performance.

Offering complex and historically hard-to-access data, such as stride length, acceleration rate and max velocity in real-time, this technology has the potential to revolutionise the spectator experience at live sports events as well as to attract new enthusiasts who value innovative, visually captivating, and tech-driven premier sports entertainment. 

To further enhance performance, Feldspar will also integrate an AI-powered data analytics tool and sports tracking software intended to redefine professional coaching and optimise training for athletes. This includes adjusting competition strategy before, during and after races, and identifying potential areas of injuries based on granular individual data and in-depth athlete profiles. 

Alvina Chen, Founder and CEO of Feldspar said, “While we have seen a high level of innovation in running shoes, apparel, and training methods in recent years, it’s incredible that the modern synthetic running track itself has remained largely unchanged since the 1968 Summer Olympics.”  

Chen continued, “There is a huge opportunity in revolutionising this sport. By digitising the running track Feldspar is not only providing new avenues for athletes’ development and pushing the boundaries of human performance but also moving athletics towards a new era of exhilarating, high-energy live international events, similar to what we see in other sports, like football and motorsports.”

Chen added, “Our ambition with our next generation running track is to set a new benchmark for athlete performance and fan engagement for future world competitions, including the Olympic Games, and beyond.” 

Feldspar is working with the UK’s top engineers, industrial designers, and data scientists to develop the high-performance, premium running track prototype, with real-time testing set to begin later this year. Production of the flooring solution is expected to begin in 2025.

Founded by former professional track runner Alvina Chen, the inspiration to reinvent the running track struck during her international racing career.

The company has secured initial backing from Hong Kong-based investors which will be used to develop the high-performance running track prototype.

Follow Feldspar to receive the latest news on the product and the what’s next.  

* Feldspar’s performance flooring is intended to be able to convert significantly more of a runner’s energy from vertical to horizontal, which enables a faster running speed. It also has the potential to provide substantially higher energy return, compared to other commercially available sports flooring used in premier athletic competitions today. This is based on Feldspar’s modelling.

About Feldspar 
Feldspar is a technology company with a vision to transform athletics with the world’s first integrated smart flooring system. Engineered to boost the performance of athletes and elevate fan engagement at global sports events, the innovative solution seamlessly integrates cutting-edge flooring and sensor technology into the modular track, setting a new standard in the industry. For more information, visit www.feldsparsport.com.

Media contact: press@feldsparsport.com 

Video – https://www.youtube.com/embed/g7vXILBxCZ4?autoplay=0

Feldspar's next-generation running track set to transform live sports experiences
Feldspar’s next-generation running track set to transform live sports experiences
Feldspar's digital running track boosts athlete performance.
Feldspar’s digital running track boosts athlete performance.

PitPat Redefines running and Makes Online Racing a Form of Training

HOUSTON, Dec. 20, 2022 /PRNewswire/ — While traditional users still train on treadmills, PitPat has created a new running trend: by connecting treadmills through the PitPat App, you can participate in official running races, compete for rankings on a level playing field, and earn the final race bonuses. The PitPat team has been adding anti-cheating functions to make the race fairer and more challenging. The team leader believes that this will usher in a new era for the treadmill, with each runner about to usher in a new world.

PitPat is developed by JoyFit, a sports equipment professional team. It is used on STARPOWER treadmill designed by JoyFit. Each user of the treadmill can choose the functions of the treadmill according to their own needs. If it is simply used for running, it can be used by connecting the power supply. If you need to participate in a course or an online contest, you need to connect to the PitPat App. This is a great function to show each user’s running performance through the race, and the online format makes the race format more flexible and can be entered at every time period.

Based on the current PitPat format, there are Multi-Player Run, 1VS1 PK Run, Ranking Challenge Run and monthly Milestone Run ranked by total mileage. At present, there are more than 60 races in the whole day, which are distributed in the time period when runners often use the treadmill. Up to 2,000 runners can participate in the race at the same time. In the 1VS1 PK Run, you can choose your friends or invite a user to launch a 1VS1 PK Run at random, and the winner will get race bonuses. In addition, if users access the PitPat App before running, they can click the milestone for data statistics. Even if they are just running every day, the accumulated mileage can be counted in the Milestone Run. Other types of events are being prepared to launch, allowing users of all running abilities to participate.

If you run a race on PitPat, you can not only test your training but also feel the atmosphere of a running race. Through the immersive 3D animation effect, you can feel the pleasure of exceeding others and sprinting to the limit, which will be a new experience in using the treadmill, making running no longer a lonely and monotonous activity.

According to the PitPat team, they will develop more products for online races, and the new brand is already in operation, which will bring new changes to the fitness market.

If you want to try out the racing treadmill, you can search for the STARPOWER Treadmill on Amazon, or click the link below to purchase it:

https://www.amazon.com/dp/B0B8CP8VQY?ref=myi_title_dp&th=1

Cision View original content:https://www.prnewswire.com/news-releases/pitpat-redefines-running-and-makes-online-racing-a-form-of-training-301705914.html

STAR POWER & PitPat: A Treadmill that Lets You Compete at Home

HOUSTON, Dec. 10, 2022 /PRNewswire/ — The unique innovation of the STAR POWER treadmill, which brings offline races online, is that you can participate in races even when you run at home.

By accessing the application developed by STAR POWER with the activity tracker, users can access the online race platform Pit Pat and enjoy online competition with other runners. Each user can invite their family and friends to join one of the races together and enjoy running with people from all over the world, or even a sports superstar.

STAR POWER is not just a traditional treadmill. It collects the latest data monitoring system and scientific fitness-assisted exercise and provides more scientific running advice on Pit Pat through heart rate, running pace, calories, and other data statistics so that users can get more efficient and safer growth. In addition, STAR POWER has a high-tech function with an entertainment nature – AR running, which users can experience through the Pit Pat App and participate in the related races.

STAR POWER’s founder said: We hope to combine fitness sports with competitive competitions to create a new way of participating in sports, so that connected fitness becomes the favorite healthy lifestyle of users.

Immersive Running Vibe

The Pit Pat App is the most important innovation of STAR POWER, it has virtual scene design and multiple competition modes, including professional track, city road, country road, beach, and so on. Users can choose their favorite scene to start running. Race mode is a project mode that takes into account entertainment and competition, including Multiplayer Online, PK Run, Goal Challenge, and Ranking Challenge. Users can choose group competitions or 1V1 competitions with friends, get rewards by beating other players, and also get monetary rewards if they participate in official events.

Multiplayer Online: Players can win monetary rewards by ranking.

PK Runs: Players can run 1V1 with friends and family or with global online players to win real rewards.

Goal Challenge: Players earn cash rewards by completing goals within a time limit.

Ranking Challenge: Players can win cash rewards by beating other players in the rankings.

The Community board is an important part of Pit Pat. Users can chat with other runners online via text or voice during their participation in running events, sharing their fitness anecdotes and some experience summaries so that users can fully enjoy running without leaving home.

More Convenient User Experience

Compared with the traditional more bulky treadmill, STAR POWER has a lighter design that can be easily assembled for use. Handy front wheels and lightweight architecture make it easy to move around and even fold up without taking up too much space. In the design process, STAR POWER put aside many tedious functions and focuses on the user experience. For example, the double-layer running belt configured in the running process greatly improves stability. The excellent shock absorption system and friction force make the running process safe and carefree.

About PitPat

PitPat is an application specially developed by the JoyFit team for the STARPOWER treadmill. It is the world’s first platform for online competitions. Users can connect through the bracelet and app to experience a 3D immersive running experience, while enjoying online running competitions with thousands of people.

JoyFit team considers that a treadmill is not just a replacement for outdoor running, but should have a meaning that goes far beyond running. It is supposed to give every runner a state of health and psychological pleasure at the same time, and this is what the team has been working towards- to make running not only for fitness but also to enjoy the process.

Cision View original content:https://www.prnewswire.com/news-releases/star-power–pitpat-a-treadmill-that-lets-you-compete-at-home-301699269.html

Pit Pat Makes Online Running a Reality – Running Races via Apps Has Become a Daily Routine for Some Runners

HOUSTON, Dec. 3, 2022 /PRNewswire/ — While traditional running races were still limited to offline, STAR POWER, a smart treadmill released by the JOYFIT team, changed the venue of the race to online, reshaping a new model of fitness and competition, and opening a new generation of smart fitness interconnection.

The COVID-19 pandemic has dramatically changed the way many people live their lives. Before the outbreak happened, people could choose to go outdoor jogging for a while in the morning, early, or even late afternoon. Professional runners and those who like to participate in all kinds of competitive running could also fly to local events around the world to get healthier and enjoy the race in an atmosphere of great anticipation.

The pandemic has changed some lifestyles, but it hasn’t doused the enthusiasm of participants. Now, the new treadmill STAR POWER, designed and released by the JOYFIT team, has opened a new online competition format that allows users to participate and win prizes without leaving home.

Quick Assembly and Use

STAR POWER is a compact treadmill that doesn’t take up much space. You can place it in a small corner or even fold it in a place that doesn’t affect your life. STAR POWER assembly is relatively simple and can be successfully completed by an inexperienced person. When assembled, it becomes an important device for your training. STAR POWER has excellent performance. It is made of alloy steel and can carry up to 300 LBS. It is equipped with a double track, making it safer. It also has wireless, Bluetooth, and other functions that can provide distance, running time, altitude, steps, calories, fat burn, pace chart, heart rate, and other data, to help users make a reasonable training plan.

Richer Contents

Unlike other treadmills, STAR POWER can access the Pit Pat app developed by the JOYFIT team. Star Power can synchronize your training information to your Pit Pat account by downloading and binding the device. This app allows you to choose different running scenes and project them to a larger screen. Although people are running at home, the characters in Pit Pat have been exposed to different environments, such as beaches, islands, and running tracks, making boring running more interesting.

Pit Pat contains different training programs, including free running and target running, as well as courses that can be watched by users of different levels. It also provides good advice on running equipment selection, breathing adjustment, and making plans to help users get into a running state faster.

Most importantly, the JOYFIT team has creatively added competitive races to Pit Pat, including Multiplayer Run, PK Run, and Ranking Race, with different rewards based on different rules, which could be online medals, fitness supplies, or cash that could be withdrawn directly. The JOYFIT team believes that love does not make a runner persist, but love and reward can give more encouragement to runners.

Pit Pat’s founders say STARPOWER is better for anyone who plans to keep running for a long time than a traditional treadmill, with the potential to be rewarded every time they log in and attend a race. It will be a long-term fitness competition to help people grow faster.

Customers looking to take advantage of the sales may do so on STARPOWER Amazon Storefront at: https://www.amazon.com/dp/B0B8CP8VQY?ref=myi_title_dp&th=1

Cision View original content:https://www.prnewswire.com/news-releases/pit-pat-makes-online-running-a-reality—running-races-via-apps-has-become-a-daily-routine-for-some-runners-301692287.html

Amazfit GTR 4 & GTS 4 Now Compatible with adidas Running


Amazfit’s latest GPS sports smartwatches and adidas Running together deliver ultimate fitness and health tracking for wearers 

CUPERTINO, Calif., Oct. 8, 2022 /PRNewswire/ — Amazfit, a leading global smart wearables brand owned by Zepp Health (NYSE: ZEPP), a health technology company, has released the Zepp App firmware update version 7.1.0. This new update integrates support for the adidas Running app, allowing Amazfit’s newly-launched GTR 4 and GTS 4 to sync activity data to adidas Running.

sync amazfit workout data to adidas running
sync amazfit workout data to adidas running

Users can instantly check sports performance data on their Amazfit GTR 4 and GTS 4, which will be synced to the Zepp App upon completion of their workout. From there, and once their Zepp App account and adidas Running account are connected, users will be able to share sports data like distance, duration, speed, start/end time, and so on, to the adidas Running community.

The new Amazfit GTR 4 and GTS 4 are built for users who lead an active, fitness-focused lifestyle. Equipped with over 150 sports modes, both sports smartwatches can automatically recognize eight sports, as well as supporting an advanced ‘Track Run mode’ to display professional lap running data. The GTR 4 and GTS 4 provide ultra-accurate positioning and movement tracking, thanks to the industry-first dual-band circularly-polarized GPS antenna, built into both smartwatches. Additionally, the mini app ecosystem available to users has been further enriched with new apps, including the fitness-themed Weight Records and Calorie Intake Record apps – to help facilitate a comprehensive approach to health and fitness from the wrist. More mini apps will also be added soon.

To get started, visit How to connect adidas Running with Amazfit and follow the steps to complete the account link on the Zepp App, and enjoy joining an online community of sports lovers.

About Amazfit

Amazfit, a leading global smart wearables brand focused on health and fitness, is part of Zepp Health ( NYSE: ZEPP), a health technology company. Offering a wide selection of smart watches and bands, Amazfit’s brand essence is “Up Your Game”, encouraging users to live their passions and express their active spirits freely. Amazfit is powered by Zepp Health’s proprietary health management platform that delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals.

Launched in 2015, Amazfit is today embraced by millions of users. Its products are available in more than 90 countries across the Americas, and EMEA and APAC regions. For more information about Amazfit, visit www.amazfit.com/.

CARDIO COMBINES MOVE-TO-EARN & PLAY-TO-EARN TO BRIDGE REAL-WORLD FITNESS WITH METAVERSE ACTIVITY FOR 500 MILLION GLOBAL USERS OF FITNESS

INCHEON, South Korea, April 14, 2022 /PRNewswire/ — Cardio (Cardio Healthcare Inc.) is launching Metabike, the world’s first metaverse & gaming integrated home fitness bike for use on tablet & smart TV. This next-gen indoor bike features built-in game controllers to give users full gaming functionality and IoT pedals which track real speed, torque, and workout distance to control the movement of the in-game avatar.

Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].

Cardio (Cardio Healthcare Inc.) is launching Metabike, the world’s first metaverse & gaming integrated home fitness bike for use on tablet & smart TV.
Cardio (Cardio Healthcare Inc.) is launching Metabike, the world’s first metaverse & gaming integrated home fitness bike for use on tablet & smart TV.

The Cardio HUB platform (tablet & smart TV) pairs to Metabike via Bluetooth and features over 50 games & content from world-class developers at launch with monthly content library updates (think “Netflix” for exercise).

Founder & CEO Daniel Park says “People can exercise on Metabike while competing with global users in racing games, ride through scenic nature, watch their favorite shows on OTT platforms, and immerse themselves on leading metaverse platforms like Roblox, all while tracking their workout, receiving rewards for fitness, and having actual fun while exercising.”

Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].
Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].

Cardio’s patented technology (in the form of IoT bike pedal) has accurate power sensing without using prohibitively expensive torque sensors.  The IoT pedal attaches to virtually any indoor bike, transforming legacy & ODM equipment into smart bikes that measure actual workout distance, calories burned, and access Cardio HUB.

Cardio’s smart treadmill BETA service (Metarun, at 20 select gyms in Korea) has verified 43,744 Km of exercise distance through 25,712 workouts over 7,449 hours of exercise, and users have received rewards worth around $10,000.

Cardio gets its name from the word cardiovascular, which takes the lion’s share of healthcare costs and is the focus of preventive healthcare.  With the advent of metaverse, more people will exercise less, letting their fingers do the moving inside these digital spaces.  Cardio’s Metabike & Metarun bridge “real-world” exercise with metaverse activity by combining the benefits of fitness with the fun of digital content (a nod to the equipment from the movie “Ready Player One”).

About Cardio Healthcare (Silicon Valley & Korea)

The only Move(&Play)-to-Earn company that is cheat-proof, verifies & rewards only real fitness data, and provides that foundational data for use in healthcare (i.e. insurance companies).  Metabike & Metarun are the bridge between real fitness & metaverse activity.

For inquries, please contact:
support@cardiohealth.care 

DYNAYAK N35 — The World’s First Waterproof Portable Power Station

— Work temperature from -40oC to 50oC / Waterproof Design / Strengthened metal frame

SHENZHEN, China, Jan. 19, 2022 — DYNAYAK represents the great wilderness. North latitude 35, it’s the most difficult route to cross in the world. Moving to the west along north latitude under Kun Lun mountain, there’s the largest no-man’s land of China, Chang Tang. There’s about 1,700 KM toward the west along north latitude 35.

The outdoor expedition experience through Xijir Ulan Nuur, near to Hoh Xil no-man’s land of Qinghai Province is really unforgettable. At -40oC, the car fell into the icy lake, and all devices were flooded. The team had been trapped in such a severe environment for 66 hours without any power supply. This story even has been made into a documentary to remind other outdoor enthusiasts that a real outdoor power station should be made. Power supply could save the life at a critical moment. The freedom to use electricity bothered outdoor enthusiasts for so many years. There is no any power station in the world that can work stably in low temperature and harsh environment.

DYNAYAK decided to accept this challenge and break the limitation. Finally, the professional outdoor power station, N35, was born. N35 is designed to solve power supply problem at various of severe environments.

Extreme High-Low Temperature Resistance

The world’s first portable power station breaking through the severe outdoor conditions of rain, snow, wind, or dust storm. N35 can work at an extremely cold and hot temperature, which reaches -40 ℃ to 50 ℃ (-40℉ to 122℉). And it’s a portable power station that works over 5,000 meters above sea level.

Innovative Waterproof Design

Featured on waterproof grade IP67, N35 is excellent waterproof and dust-proof, offering you safe power wherever you are. It still works very well even being immersed into water.

Strengthened Metal Casing

With rugged industrial design, we removed screen, switch and other elements which probably cause malfunction, instead of traditional indicator. The wooden handles make a very comfortable grip. And the innovative metal casing is coated with anti-corrosion material, which is built to last.

Integrated with cooling shell design, the whole casing is an effective cooling system. With free convection cooling solution and partitioned thermal control, it assures the even temperature inside the unit.

Power Everywhere

With 1200Wh capacity and 1800W AC output, N35’s advanced battery pack system enables you to power heavy-duty outdoor appliances and tools. The powerful 1200 Wh battery makes it perfect for camp, outdoors, and expedition, where it can easily power all your devices.

Multiple Recharging

N35 is designed to recharge in different options. You can connect with your car charger, solar panels, wall outlet, or 650W professional charger, which fully charged in two hours. DynaYak offers a 120W solar panel in a foldable design. It features portable and IP67 water resistance. Available to connect five solar panels with N35 to achieve up to 600W input.

N35 has experienced a variety of tests in harsh environments with our team at plateau, no-man’s land, and desert. N35 bring the innovative power station to the people around the world, who are enthusiastic in expedition, outdoors, camping, van life and working at extreme environment.

Availability

Coming in different version for users worldwide, available to back on Indiegogo now.

https://igg.me/at/dynayak/x/28195572#/

For press inquiries:
info@dynayak.com

DynaYak
www.dynayak.com

Smoosat’s New E9 PRO Electric Scooter for Kids Tops Amazon New Releases Chart

LOS ANGELES, Jan. 8, 2022 — Smoosat, an up-and-coming scooter brand dedicated to providing the greatest scooter-riding experiences for everyone, has officially launched its E9 PRO Electric Scooter for Kids on Amazon. Since launching at the end of 2021, the Smoosat E9 PRO has already gained widespread traction amongst customers and shot to Top 3 on Amazon’s hot new releases list.

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With its vibrant rainbow light display and adjustable height and speed settings, Smoosat’s E9 PRO is perfect for children of all ages, making it a popular gift option and a creator of happy moments for families. The 5-color flashing rainbow LED lights along the deck of the scooter give kids the freedom to switch between different colors and create unforgettable memories, while three adjustable height settings make the E9 PRO suitable for children as small as 3’9” to teens as tall as 5’3”. During the ride, kids can quickly move between three speeds — 5mph, 8mph and 10mph — with a single press of the button, and check their battery level and riding speed via the LED display, a first-of-its-kind design on the market.

"Here at Smoosat, we make scooters because we simply love scooters. Over the past year, we have completed comprehensive upgrades to our technology and product portfolio based on independent R&D, as we seek to bring enjoyable green travel solutions to families worldwide. A Smoosat scooter is not just a commuting tool or a short-lived toy, but an all-ages-loved-and-trusted companion that embodies the spirit of smooth and joyful travel. We have seen so many families step away from screens and answer the call of wild with Smoosat scooters — forming stronger family bonds in the process!" said Laura Leonard, General Manager of Smoosat.

On top of its eye-catching appearance and versatile settings, the E9 PRO gives parents greater peace of mind with its safe and durable design. Thanks to its 130W brushless motor and 21.6V rechargeable lithium-ion battery, the scooter lasts up to 5 miles on a single charge. The E9 PRO also features a rear foot brake for a smooth and safe stop, as well as a lightweight foldable design for easy transportation and assembly.

The E9 PRO is the first of its kind to be released by Smoosat, an up-and-coming scooter brand that wants to bring the joy of smoothly sliding to everyone. With its genius engineering, a keen eye for design, and sincere customer service, Smoosat provides high-quality and safe products for all members of the family — all at an affordable price.

The Smoosat E9 PRO (Black) is priced at $219.97 and is available for purchase now on Amazon. In addition, the scooter will be available as a Lightning Deal on Amazon on January 8, with 99 scooters up for grabs at a discounted price of $179.97. To order a black Smoosat E9 PRO, please visit  https://amzn.to/3sYpanS; or visit https://amzn.to/3f1zbbv for a Pink one, or search Electric Scooter for Kids on Amazon.

In addition to the E9 PRO, Smoosat has also released the new Smoosat MAX adult electric scooter and Smoosat S8 kick scooter in green and silver.

About Smoosat 

Smoosat is dedicated to providing the greatest scooter-riding experience to everyone, no matter how young or old. Smoosat scooters are not just a commuting tool or a short-lived toy, but an all-ages-loved and family-trusted companion that embodies the spirit of smooth and joyful gliding.

Smoosat’s products combine genius engineering with slick design and sincere customer service, in order to deliver high-quality family-friendly products at a Real price for Real fun. Smoosat’s current portfolio includes the E9 PRO electric scooter for kids, MAX adult electric scooter, and S8 kick scooter. For more information, please visit https://ismoosat.com/.

Or follow us on social media:

Facebook: https://www.facebook.com/smoosatscooter/ 
Instagram: https://www.instagram.com/smoosat_official/ 
YouTube: https://www.youtube.com/channel/UCEod2A8xkTsIPVIkqaX0Bsg  
TikTok: @Smoosat_Official

Rario launches Marketplace feature to allow users to buy, sell and trade Cricket NFTs


– Early User sees 111x return on Rario Cricket card within days of Marketplace launch

NEW DELHI, Nov. 26, 2021 — Cricket-based NFT platform Rario announced the launch of its much awaited Marketplace feature which will allow users to buy, sell and trade Rario NFTs on the company’s digital platform. Staying true to its promise of presenting cricket fans an authentic digital collector’s experience, Rario takes the next step in creating an ecosystem on its platform for engaging cricket fans around the world.

Early User sees 111x return on Rario Cricket card within days of Marketplace launch
Early User sees 111x return on Rario Cricket card within days of Marketplace launch

The success of the feature was evident within days of its launch when one Rario user witnessed a massive 111x return after selling a $2 card of cricketer Sheldon Cottrell’s "salute" celebration for $222. Early predictions within the community are expecting more 100x sales to follow suit.

The Marketplace feature will give collectors and fans the opportunity to obtain any desired Rario NFT that they may have missed out on in the initial pack drops. Buyer and seller privacy, security of the transaction, as well as delivery of the money and the NFT will be handled entirely by the Rario Marketplace.

Speaking about the launch of the Rario Marketplace, Rario Co-Founder and CEO Ankit Wadhwa said, "The fabric of a typical collector’s experience is made up of not only obtaining collectibles, but also having an opportunity to showcase their collection to the world and having the chance to trade with fellow enthusiasts. This remains true whether we speak of digital or offline collectibles. At Rario, our vision is to provide a one-stop shop for cricket fans and collectors around the world to be able to buy, sell, trade, and even showcase their collection on the platform at the Marketplace. A robust Marketplace takes us one step closer to digitally recreating an authentic experience for collectors and changing the way that fans interact with the game of cricket."

The Rario Marketplace is now live for users to buy and sell their NFTs. Users and fans now have a second opportunity to get their hands on the iconic moments from the Caribbean Premier League which were released during the first three Rario pack drops.

Find the tweet of the 111x sale here – https://twitter.com/rariohq/status/1460696378359758850?t=Aar_d7PotDrOBBjdHaSugA&s=19

More information about the buying, selling, and trading process can be found here: https://medium.com/rariohq/the-rario-marketplace-launch-explainer-608aa4038a0d

Media Contact:
shivashish@wordswork.in   
+91 981132788

 

 

Foot Locker, Inc. Completes Acquisition of atmos


Digitally Led, Culturally Connected Business Immediately Expands Foot Locker’s Global Footprint, Provides Foothold in Rapidly Growing Asia-Pac and Extends Premium, Top-Tier Product Offering 

atmos to Maintain Unique Brand Ethos, Identity and Value Proposition Within Foot Locker Family of Brands 

NEW YORK, Nov. 2, 2021 — Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or the "Company"), the New York-based specialty athletic retailer, today announced that, through certain subsidiaries, it has completed the acquisition of atmos, a digitally led, premium, global retailer headquartered in Japan, for $360 million, subject to certain customary adjustments.

Richard Johnson, Chairman and Chief Executive Officer of Foot Locker, said, "We are delighted to officially welcome atmos’s iconic founder, Hidefumi Hommyo, and the entire atmos team to the Foot Locker family. We deeply value atmos’s unique brand, innovative, experiential stores, premium offerings, collaborations and understanding of sneakerhead culture. atmos expands our global reach in the rapidly growing Asia-Pacific market, establishes a critical entry point in Japan and allows us to benefit from immediate scale. We are excited about the many opportunities we will collectively be able to capture as a result of this partnership as we continue creating significant long-term value for our shareholders, consumers, vendor partners, and employees." 

Mr. Hidefumi, CEO, Chief Creative Officer for atmos, said, "Today atmos enters a new era, well-positioned to bring our dynamic and exciting sneakers to more people around the world. atmos was founded with a love of sneakers and a passion for innovation, and with Foot Locker as our partner, we have the opportunity to drive global growth while maintaining what makes us unique. We have worked with Foot Locker for years on product collaborations and partnerships, and we are excited about what is ahead as we pursue our shared passion for sneaker culture, streetwear, creativity and self-expression." 

atmos will maintain its brand name, preserving the atmos identity, brand ethos, and unique value proposition as part of the Foot Locker family of brands. Foot Locker is committed to building on atmos’s strong foundation to propel the brand into its next phase of growth. 

As previously announced, Foot Locker expects atmos to generate low double-digit sales growth annually and low double-digits to mid-teens EBITDA margins over the next five years and be accretive to EPS in fiscal year 2021. As previously reported on August 20, 2021, the Company anticipates that the acquisitions of WSS and atmos combined will be accretive to EPS in the range of $0.44 to $0.48 per share in 2022. 

Advisors 
Evercore served as financial advisor to Foot Locker, and DLA Piper LLP served as its legal advisor. 

About Foot Locker, Inc. 
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep. With approximately 3,000 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand as well as websites and mobile apps, the Company’s purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit https://www.footlocker-inc.com

Disclosure Regarding Forward-Looking Statements  
This press release contains forward-looking statements within the meaning of the federal securities laws. Other than statements of historical facts, all statements which address activities, events, or developments that the Company anticipates will or may occur in the future, including, but not limited to, such things as future capital expenditures, expansion, strategic plans, financial objectives, dividend payments, stock repurchases, growth of the Company’s business and operations, including future cash flows, revenues, and earnings, and other such matters, are forward-looking statements. These forward-looking statements are based on many assumptions and factors which are detailed in the Company’s filings with the U.S. Securities and Exchange Commission. 

These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. The forward-looking statements contained in this press release are largely based on our expectations for the future, which reflect certain estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known market conditions, operating trends, and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. For additional discussion on risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in the Company’s Annual Report on Form 10-K for the year ended January 30, 2021 filed on March 25, 2021. Any changes in such assumptions or factors could produce significantly different results. The Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise. 

Investor Contact: 
James R. Lance 
Vice President, Corporate Finance and Investor Relations 
Foot Locker, Inc. 
jlance@footlocker.com 
(212) 720-4600 

Media Contact: 
Cara Tocci 
Vice President, Corporate Communications 
Foot Locker, Inc. 
cara.tocci@footlocker.com 
(914) 582-0304 

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