VIP Entertainment Technologies Inc. Enters Into Platform Partnership with Candicode

Executive Summary

• VIP Entertainment Technologies Inc. entered into a one‑year Platform Use and Content Operation Agreement (renewable) to integrate third‑party digital games, including AFK Battle: Idle Princess and the proprietary CRUSH platform, onto its Alchemist Republic blockchain‑enabled gaming platform.
• The agreement establishes a revenue‑sharing model limited to fees generated from blockchain features such as NFTs and other digital assets created or traded by users of the content.
• Completion of the transaction is subject to acceptance by the TSX Venture Exchange; the deal includes a related‑party component.

Key Details

• Agreement Effective Date: December 18, 2025.
• Content Covered:
• AFK Battle: Idle Princess – an existing RPG game that will launch on Alchemist Republic with upgraded features and enhancements.
• CRUSH – a proprietary digital content platform supporting game‑related services and digital asset functionality.
• Revenue Sharing: Platform‑level sharing limited to fees from blockchain‑enabled features (NFT creation, trading, other digital assets).
• Term: Initial one‑year term, renewable by mutual agreement.
• Regulatory Conditions: Transaction pending acceptance by the TSX Venture Exchange; includes a related‑party component.
• Platform Description: Alchemist Republic is a blockchain‑enabled infrastructure that tokenizes in‑game items/characters as NFTs, provides issuance frameworks, and integrates with existing game economies without altering core gameplay.
• Demonstration Access: A demo version of Alchemist Republic is available at https://alchemist-republic.vercel.app/.
• Company Context: VIP Entertainment Technologies Inc. is undergoing restructuring under new management, focusing on financial stabilization, debt restructuring, and strategic partnerships to enhance shareholder value.

Notable Quotes

(No direct quotes were provided in the release.)