CMON (01792.HK) announced that today (1), a subsidiary of the company, CMON Pte.Ltd. Enter into a non-legally binding memorandum of understanding with Monsoon Digital to launch a new range of digital collections using the Group's proprietary art through Monsoon's forthcoming heterogeneous token (NFT) trading platform.

The Group means that through its game design, the Group has developed and produced proprietary works of art that are popular among its customers. According to the MOU, the Group intends to grant its intellectual property rights to Monsoon, which will use the relevant proprietary works of art to issue NFT and allow the relevant NFT to be traded on its platform.

The Group believes that by awarding the Group's proprietary works of art for the creation of digital collections, the Group will be able to use its existing assets to broaden its revenue stream and gain access to the booming cryptocurrency market. and enhance the desirability and brand loyalty of its own games.