16/11/2021 The9 Announces Its NFTSTAR Signs American Football Star CHRISTIAN McCAFFREY to Exclusive NFT License Agreement

SINGAPORE,Nov. 15, 2021/PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its new NFT community and trading platform NFTSTAR has signed an exclusive license agreement with the American Football star, CHRISTIAN McCAFFREY. NFTSTAR will exclusively develop, sell and trade NFT collections created and developed with Christian.

McCaffrey is one of the top players in the National Football League (NFL) and has spent his entire career with the Carolina Panthers. In the 2019 season, McCaffrey was selected for the NFL All-Star Pro Bowl by virtue of his all-round performance that season – where he collected over 2,000 combined yards in one season. InApril 2020, McCaffrey renewed a four-year, multi-million dollar contract with Panthers, making him the highest paid running back in NFL history. The NFL is the largest professional football league in the world and ranks first among the four major professional sports leagues inNorth America.

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NFTSTAR is a NFT community and trading platform for users to purchase, trade, and interact. The major transaction contents of the platform are NFT collections developed with global superstar licensed IPs. Each NFT collectible has a unique record on the blockchain, and the users will obtain the ownership of the unique NFT collectible through purchase on the platform, or through trading on NFTSTAR's marketplace. NFTSTAR will accept general payment methods such as credit cards to make it easy for global users to participate.

McCaffrey will work with NFTSTAR's world class creative team and artists to develop digital collections including video, animation and other digital artworks, which will creatively capture the highlights of McCaffrey's professional career and personal growth.

The NFTSTAR community platform will cover superstars in various fields, including but not limited to sports, entertainment, art and celebrities in different industries. NFTSTAR community platform aims to create a significant portal to the future metaverse through superstars' NFT collections, trading, and community interaction.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 aims to become a global diversified high-tech Internet company, and is engaged in blockchain business including the operation of cryptocurrency mining and a Non-Fungible Token platform NFTSTAR.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9's control. The9 may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9's goal and strategies; The9's expansion plans; The9's future business development, financial condition and results of operations; The9's expectations regarding demand for, and market acceptance of, its products and services; The9's expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Arts

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