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Hall of Fame Resort Inc. (HOFV) stock declines in the current market trading. Why is it so?

Hall of Fame Resort Inc. (HOFV) stock declines in the current market trading by 2.32% after HOFV today announced its first non-fungible tokens (NFT) in collaboration with Dolphin Entertainment and Elite Holdings. The Hall of Fame Resort & Entertainment Company is a resort and services company that partners with the Pro Football Hall of Fame to leverage the strength and prestige of professional football and its iconic players.

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What is happening?

In collaboration with Dolphin Entertainment, Inc. and Elite Holdings LLC, HOFV has launched the first non-fungible tokens offering today. The companies will collaborate to produce, market, promote, and sell H2H Legends-related NFTs. The NFT offering is part of HOFV’s previously reported collaboration with Elite Holdings to develop, manufacture, and distribute The Perfect Ten, an original documentary about the H2H Legends’ lives and achievements.

The exclusive party of H2H Legends will be associated to the first three NFT offerings. These players, including wide receiver Tim Brown and running backs Earl Campbell and Doak Walker, are among the best to ever play the game, both in college and professionally. The H2H Legends’ likenesses will be brought to life in the rapidly expanding NFT universe thanks to Dolphin Entertainment’s immediate access to some of the industry’s most prominent creative artists.

About the partner companies

  • Dolphin Entertainment is a premier entertainment marketing and premium content creation firm. We offer professional strategic marketing and publicity expertise to many of the top brands, both individual and corporate, in the film, television, music, gaming, and hospitality industries via our subsidiaries 42West, The Door, and Shore Fire Media.
  • Elite Team Holdings was founded to spread the H2H philosophy for the benefit of the H2H Legends and their families by sharing the story of a group of athletes who were both Heisman Trophy winners and inducted into the Pro Football Hall of Fame.

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