SponsorsOne is an early-stage technology company based in Toronto that has developed a cloud-based platform called SponsorsCloud. The platform enables corporations to engage with users within social networks, using digital marketing, wholesale and retail distribution, branding, and operational and funding capital. SponsorsOne's revenue is derived from a performance obligation outlined by the terms of a Brand Development Agreement entered into with the customer. The company's proprietary platform also allows brands and influencers to identify and sponsor their fans, using xCredit as currency to compensate consumers for their authentic blogs, videos, tweets, pins and posts. SponsorsOne's social network platform includes MXM Nation, Canada’s leading online community for extreme sports.