FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, announces that it has entered into a non-binding Memorandum of Understanding ("MOU") with Digital Landia Ltd. ("DL") to explore the development of a minimum viable product ("MVP") and marketplace initiative for North America.
DL specializes in building proprietary artificial intelligence technology and blockchain-based protocols and frameworks designed to extend B2B platforms into B2C marketplaces. Under the terms of the MOU, the parties intend to evaluate the feasibility of integrating DL's proposed protocol framework with FingerMotion's existing mobility data infrastructure to support a potential North American market entry.
The proposed MVP initiative would include:
- Development of a North American B2C marketplace utilizing AI and blockchain-based architecture;
- Design of a compliant monetization strategy and customer acquisition cost framework; and
- Demonstration of MVP functionality, including performance monitoring and data collection to evaluate monetization potential.