MMA Enters into Patent License Deal for Blockchain, Gaming Patents

shot by IP News Shots / 5:44 pm on 06 October, 2021

MMA Global, Inc. has entered into a patent licensing deal consisting of a portfolio of 41 patents from Americorp Investments LLC. MMA believes that the patent portfolio will protect the major aspects of the intellectual property (IP) backbone of gaming, blockchain, and blockchain-gaming facets of its business model. The patent license contains an initial license fee worth 2,500,000 shares of LUSI common stock and warrants to buy 7,500,000 shares.

Industry: Blockchain, Entertainment | Type of IP: Deals - Licensing

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