Shares of B2Digital Incorporated (OTCMKTS:BTDG) have been moving within a narrow range over the past sessions.
Trading Data
On Friday, BTDG stock ended flat at $0.0035 with more than 11.29 million shares, compared to its average volume of 10.54 million shares. The stock moved within a range of $0.0030 – 0.0039 after opening trading at $0.0037.
B2Digital Collaborating with Metaskins Studios for Hosting Several Live MMA Metaverse Events in Decentraland
Premier development league for mixed martial arts (MMA), B2Digital Incorporated (OTCMKTS:BTDG) has announced about collaborating with Metaskins Studios SAS for live distribution of several multiple B2 Fighting Series (B2FS) events at an exclusive venue in Decentraland, the leading 3D virtual world browser-based metaverse platform.
B2Digital plans to host its first live B2 Fighting Series MMA event in the metaverse later in March 2022. The schedule is yet to be announced. According to management, the B2 Fighting Series will be one of the first major combat sports brands to offer its events for live virtual attendance in the metaverse.
Metaskins will provide the necessary support by promoting the B2 Digital and B2 Fighting Series brands within the metaverse. Their goal is to expand reach up to hundreds of thousands of people belonging to an entirely untapped audience through its vast networks and metaverse-centered promotional strategies.
Greg P. Bell, CEO of B2 Digital, is hopeful about the partnership as it gives them an opportunity for expansion, apart from multiple new revenue streams and considerable growth in non-gate ticket sales. David Cummings, Co-Founder of Metaskins, commented that there is lots of potential in this partnership. Live MMA is an ideal use case for metaverse, with the B2 Fighting Series already a much-sought after brand.
Technical Data
BTDG stock is trading above the 50-Day and 200-Day Moving averages of $0.0030 and $0.0030 respectively. The stock is trading in the neutral zone with RSI stands at 58.
