Press Release
Growth of Combat Sports Presents a Compelling Opportunity for Investors
–News Direct–
An estimated 640 million people are dedicated fans of Mixed Martial Arts, signaling that the popularity of the sport is at an all-time high across the globe.
According to a report from TechSci Research, the global combat sports market has experienced significant expansion on the backdrop of rising global interest in fitness, coupled with the widespread adoption of combat sports as a means of physical exercise as consumers are increasingly recognizing the health benefits and mental discipline associated with these activities.
Going forward, the market is set to experience robust growth, growing from $8.7 billion in 2023 to about $12.6 billion by 2029, representing a CAGR of 6.5%. For investors looking for a way to capitalize on the growing popularity of combat sports, little known Alta Global Group (NYSE:MMA) and TKO Group Holdings (NYSE:TKO) should be added to their watchlist.
Alta Global Group (NYSE:MMA) is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport.
Think of it this way:
As the fanbase for combat sports has risen over recent years, so too has the level of consumer interest in how to get fit, train, and get into shape like a professional fighter. Whether it's women thinking about self-defense or kids dealing with bullying, more and more people have been looking into learning more about the various sports comprised in mixed martial arts. For example, the growth in participation in jiu jitsu has been soaring globally.
With this huge growth in the combat sports fan base and increasing investor interest, Alta believes that the next phase of growth for the sector will involve transitioning fans from just strictly viewership to real interest in participation.
That is why the company has developed digital solutions that bring together the whole MMA communityfans, participants, gym operators, and coaches in order to drive more participation.
This unique idea has received significant consumer validation, as illustrated by the fact that Alta Global Group (NYSE:MMA) has already amassed a substantial user base and strong user engagement of about 15 million monthly views and over 5 million social media users. It also currently ranks in the top 3 for MMA in global search results.
Taking that into consideration, Altas value proposition is simple. It aids in the digital transformation of a sector where small businesses and owner-operators predominate. They can benefit enormously from a partner like Alta, who will give them a really high level of visibility in a digital sense and the ability to connect them with their underlying fans. In recent days, Alta announced its acquisition of a subscription based mobile marketing platform Hype, which they believe will provide an invaluable digital tool for their gym partners to connect and engage with members, and grow revenue more cost effectively.
So far, Alta has signed partnership agreements across a large global inventory of gyms, which it will work with to help get fans of mixed martial arts on the mat, training in their gyms and academies. Those agreements include a relationship with UFC Gym Group, which has close to 200 locations globally, to roll out Altas training within those gyms. The company has been aggressively growing its published gym footprint.
The company has built a huge database of 9870+ professional and amateur athlete profiles, 5645+ potential content creator profiles and 3500+ tutorial libraries. Alta Global Group (NYSE:MMA) will provide marketing content, training syllabus for gyms and coaches, and connect the underlying fans to an opportunity to train either online or inside a gym at one of the companys gym partners globally.
This is a win-win deal for everyone in the ecosystem, as fans interested in participating in the sport can be easily matched up with a coach and gym.
And Alta controls the whole payment experience, so when the company charges a customer a monthly subscription to train with the coaches in one of its programs in a gym, the company collects 100% of the payments. It then keeps its split and pays the gym the residuals, meaning that the gyms don't have to go through the hassle of onboarding the customer, chasing the money, collecting it, reconciling the payments, etc.
Alta monetizing in a way that the UFC and other large professional promotions don't presently do, which is through fan base participation, could make it a very attractive company in the eyes of these much larger companies down the line. In fact, the way Alta Global Group (NYSE:MMA) makes money is completely complementary to how other players in the sector make their money and it doesn't have any crossover or cannibalization. That means that in the coming years, as Alta scales up, the partnership with UFC gym will have the opportunity to continue growing.
Thanks to its first mover advantage in aggregate participation in the MMA sector at a grass-root level, the opportunity for Alta is massive.
To put it in better context, there are over 45,000 martial arts academies in North America alone, with some estimates suggesting that Americans are spending about $30 billion a year on training and martial arts. With the sector growing at double digits and participation growth surging, some analysts predict that the US will have 67,000 martial arts academies by the end of 2025, which bodes extremely well for Alta.
Alta Global Group (NYSE:MMA) has built iconic partnerships with the most exciting and respected identities in MMA who amplify its brand and drive platform adoption. In fact, the company recently announced that five-time MMA world champion Conor McGregor had invested in Alta, whilst Conor voiced his support for the Alta Warrior Training Program through social media. Other Alta Ambassadors connected to the UFC include former 2-division Champion Daniel Cormier and Laura Sanko. At the moment, the companys high profile brand ambassadors and investors have a reach of 60 million+ social media followers, allowing it to generate even more hype and reach more cost effectively.
TKO Group Holdings, Inc. (NYSE:TKO) had a solid start in 2024 with strong performance across both UFC and WWE. Coming off a record 2023 for both businesses in terms of revenue and profitability, the company continued to deliver through the first quarter. From our perspective, the health of the combat sports sector is overwhelmingly driven by the most dominant player, which is the UFC, and it is doing extremely well.
The Endeavor-controlled company, which owns the UFC and WWE, reported revenue of $629.7 million, with a net loss of $249.5 million and adjusted EBITDA of $282.2 million. The company also raised its guidance for the year to up to $2.685 billion in revenue, and adjusted EBITDA to up to $1.205 billion. The loss was attributable to the $335 million UFC settlement from March.
Unsurprisingly, the UFC saw its live events, sponsorships, and consumer products segments rise, with media rights down slightly due to one less numbered event. Most notably, the company secured a landmark global deal for WWE with Netflix and renewed UFC rights in multiple international markets, and UFC 300 became one of the highest grossing events in UFC history.
During the quarter, the company also announced that Tourism Western Australia entered a multi-year partnership for UFC to return to Perth with at least two events, including the UFC 305 pay-per-view in August and one additional Fight Night in subsequent years.
Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained by Alta Global Group to assist in the production and distribution of content related to MMA. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.
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View source version on newsdirect.com: https://newsdirect.com/news/growth-of-combat-sports-presents-a-compelling-opportunity-for-investors-883252442
MMA TKO
COMTEX_452452843/2655/2024-05-16T05:59:21
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Press Release
Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia
Australia, 25th Nov 2024 – Promotional Product Experts, a leading provider of custom-branded business promotional products, is redefining how companies across Australia promote their brands. Offering a diverse range of items with professional printing and embroidery services, the company ensures businesses can create impactful and cost-effective promotional campaigns.
Whether you’re looking for a simple ballpoint pen or a large golf umbrella, Promotional Product Experts guarantees value, quality, and precision across all items. The company also offers a wide variety of branded corporate promotional materials, including keyrings, clothing and apparel, coffee mugs, bags, satchels, and more. Businesses in major cities such as Brisbane, Melbourne, Sydney, Perth, and Adelaide can benefit from these top-tier services.
A Seamless Experience for Your Brand’s Promotional Needs
Promotional Product Experts understands the importance of delivering exceptional service. The website is designed for ease of use, allowing customers to browse a comprehensive catalog of products and request quotes effortlessly. The team provides accurate artwork specifications tailored to individual items, ensuring the final product exceeds expectations.
“We pride ourselves on providing not only high-quality promotional products but also a seamless and efficient experience for our clients,” said Gavin Sekler, spokesperson for Promotional Product Experts. “From concept to delivery, we’re committed to proactive customer service and timely delivery for complete peace of mind.”
Innovative Product Offerings for Every Need
The company specializes in a variety of promotional products, including:
- Corporate Cheese Sets: Add a touch of sophistication to your branding with promotional cheese boards. Explore options at Corporate Cheese Sets.
- Corporate Umbrellas: Make a lasting impression with high-quality branded umbrellas. Learn more at Corporate Umbrellas.
These products are carefully curated to enhance a brand’s visibility while maintaining a professional image.
Reliable Delivery and Expert Support
Promotional Product Experts is committed to delivering a hassle-free experience. With a proactive customer support team just a phone call away, the company ensures businesses can navigate the entire process smoothly. Whether it’s addressing queries or assisting with artwork, the team is dedicated to providing unparalleled support.
Why Choose Promotional Product Experts?
- High-quality corporate promotional merchandise.
- Affordable and effective branding solutions for businesses.
- Proactive customer service and reliable delivery across Australia.
- Easy-to-navigate website for convenient browsing and quoting.
Businesses seeking impactful promotional products can trust Promotional Product Experts to deliver excellence at every step.
Get Started Today
Join the many Australian companies that have enhanced their brand visibility with Promotional Product Experts. Visit www.promotionalproductexperts.com.au to explore the range of promotional business products and request your quote today.
About Promotional Product Experts
Promotional Product Experts is a trusted provider of high-quality promotional merchandise, specializing in professionally branded business items to meet the marketing needs of companies across Australia. With years of experience in the industry, the company has established itself as a leader by offering a diverse range of products combined with exceptional customer service. Whether for corporate events, employee giveaways, or marketing campaigns, Promotional Product Experts delivers innovative solutions that leave a lasting impression.
Media Contact
Organization: Promotional Product Experts
Contact Person: Gavin Sekler
Website: https://www.promotionalproductexperts.com.au/
Email: Send Email
Country: Australia
Release Id: 25112420419
The post Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Last year, Paradigm’s CTO Georgios Konstantopoulos pointed out the inefficiencies in how crypto chains and assets work together via one of his tweets. His thoughts highlighted a major issue in Web3 adoption: complexity.
This native model has become a big hurdle in mass adoption of web3. Even completing one single transaction at times requires too many complex steps Just to make a transaction on a new Layer 1 or Layer 2, a user needs to create an account, securely store the private key or seed phrase, buy gas tokens via a centralized exchange, or bridge assets from another chain-just to start interacting with the new ecosystem.
This process can overwhelm traditional users used to simple “plug-and-play”systems. Thankfully, Web3 builders are introducing “execution-free” solutions to make onboarding easier.
DuckChain: Bridging Web2 and Web3 with ISO
DuckChain is leading the way of this evolution. As the first consumer-grade Layer solution on The Open Network (TON), DuckChain introduced the innovative concept of ISO (Initial Star Offering). This allows users to convert Telegram Stars into on-chain Star assets, bridging Web2 and Web3 seamlessly.
This unique feature makes DuckChain the key to onboarding millions of Telegram users into Web3. It also connects TON with EVM and Bitcoin ecosystems, boosting liquidity and bringing developers to TON.
The market has also recognized DuckChain’s narrative and growth potential.
DuckChain’s Testnet Achievements
DuckChain’s testnet was a massive success:
- Daily Active Users: Over 2 Million on MiniApps
- Total Transactions: 29 million
- User Deposits: $2 million from Web2 users
- Paying Users: 1 Million
- Partners: Supported by 20+ partners like Arbitrum and OKX
With the mainnet launch, DuckChain is all set to accelerate Telegram’s evolution into a super app and open a portal connecting the Web2 and Web3 worlds.
ISO: Introducing Telegram Stars as Unified Gas for Chain Transactions
DuckChain, the first TON-based Layer solution built on Arbitrum Orbit, positions itself as a consumer layer. Its mission is to onboard nearly a billion Telegram users to blockchain infrastructure.
Today, most blockchains use their native tokens as gas fees which means users need different tokens for various ecosystems, which makes cross-chain transactions complicated. DuckChain solves this by creating a unified gas system through ISO (Initial Star Offering). With ISO, Telegram Stars can easily be turned into on-chain assets to pay gas fees.
DuckChain’s new mainnet supports assets for on-chain activities. Future updates will also add features like account and chain abstraction to make transactions even easier.
Telegram Star, the native token for the Telegram ecosystem, simplifies payments for services and goods. It can be purchased directly with Apple Pay or Google Pay without needing third-party platforms. Both Web2 and Web3 users can use Telegram Stars within DuckChain, making transactions simple and accessible.
This system not only connects Web2 and Web3 users but also opens doors for wider use of decentralized finance (DeFi) within Telegram’s ecosystem.
DuckChain: Enabling Telegram’s Super App Ambitions
Telegram has integrated with TON and launched MiniApps, aiming to become a Web3 super app.
However, building a mature Web3 ecosystem requires three essentials: user traffic, liquidity, and a thriving ecosystem.
Currently, the Telegram ecosystem faces 3 key challenges:
- A predominantly off-chain user base of nearly 1 billion.
- A TVL of $300M concentrated in TON and stablecoins, indicating liquidity shortages.
- Complex development frameworks which slows developer participation.
DuckChain addresses these challenges through ISO, liquidity hubs, and modular development tools.
TON’s Liquidity Hub
EVM-compatible chains currently hold 80% of the total $100 billion in DeFi, while Bitcoin assets represent a large, untapped $1.8 trillion market. TON’s ecosystem, however, faces liquidity shortages. DuckChain, built on Arbitrum Orbit, connects TON with EVM-compatible ecosystems for seamless interoperability.
Moreover, it integrates deeply with Bitcoin L2 solutions, such as Babylon, making it a crucial bridge for TON’s liquidity and value exchange.
DuckChain’s mainnet introduces solutions like multi-chain and liquidity abstraction, enabling users to pay gas fees using various tokens, including TON and Telegram Star. It also incentivizes TON staking through DuckChain, offering annual yields and facilitating liquidity flow between ecosystems.
Modular Tools for Developers
To overcome TON’s development complexity, DuckChain collaborates with Arbitrum to provide an EVM-compatible framework, simplifying the creation, deployment, and migration of applications. Developers can leverage staking, marketplaces, DID systems, and other modular tools to build scalable dApps, seamlessly integrated with Telegram MiniApps.
DuckChain has already attracted over 50 ecosystem projects, fueling early-stage growth in TON’s application layer.
Soda Lee
SOURCE: DuckChain
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes
Dark Academia Fashion offers quality products for those who cherish classic style and the beauty of Dark Academia.
New York, New York, United States, 25th Nov 2024 – Introducing Dark Academia Fashion, a new online store crafted for lovers of Dark Academia Aesthetic. This carefully curated selection of clothing, accessories, and decor allows visitors to step into a world of intellectual charm and classic elegance, inspired by ivy-clad campuses, timeless literature, and scholarly sophistication.
Dark Academia fashion is more than just a look—it’s an aesthetic that reflects a love for knowledge, art, and classic style. At our Fashion Shop, discover wool blazers, cozy sweaters, pleated skirts, and accessories like leather-bound notebooks and vintage-inspired jewelry, each evoking the moody allure of academia.
What’s on Offer?
Our shop offers a variety of products carefully tailored to each aspect of the Dark Academia aesthetic, including:
Clothing: From tweed blazers and high-waisted trousers to cozy wool sweaters and pleated skirts, our clothing line combines classic cuts with vintage-inspired designs. Each item is crafted to fit seamlessly into the wardrobe of anyone who appreciates understated elegance and academic style.
Accessories: The right accessories can elevate any look, and we offer a range of items designed to complement the Dark Academia wardrobe. Think vintage brooches, leather-bound notebooks, tortoiseshell glasses, and more to complete your look.
Home Decor: A true Dark Academia aesthetic is incomplete without a space that reflects the same mystery and intellectual charm. Our decor selection includes antique-style bookends, brass candle holders, and framed artwork inspired by classic literature and Renaissance art—perfect for creating an atmosphere reminiscent of a time gone by.
To celebrate the launch, Dark Academia Fashion is hosting a virtual event featuring live styling sessions, exclusive product previews, and special giveaways. Register for free on our website and follow us on social media for updates.
Media Contact
Organization: Dark Academia Fashion
Contact Person: Customer Support
Website: https://darkacademiafashion.com
Email: Send Email
Address: 815 Liberty Ave
City: New York
State: New York
Country: United States
Release Id: 25112420415
The post Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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