Elate's (HKG:0076) unit Elate Graphite entered into a business partnership agreement with Goldpay and Macau Lotus TV Media via Satellite on Tuesday, a same-day Hong Kong bourse filing said.
Under the contract, Elate Graphite will act as a consultant on the technical issues of blockchain and application scenarios of utility tokens to be issued by Goldplay.
Users can utilize the utility tokens to redeem Macau Lotus TV Media's advertising time to sponsor a 24-hour web3 program and purchase goods in the Lotus Club mall.
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