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Nice! You'll see some green with that one, IMO. $BONZ
And dont forget....300,000,000,000 authorized shares. (yes, 11 zeroes. Refer to
SCHEDULE 14C on 1/21/2022). See ya!
Seems like pretty good news to me! I'm surprised it keeps dropping below .004.
$1.2 million in the first month alone!
https://www.otcmarkets.com/stock/BONZ/news/Marvion-Crosses-US12million-Revenues-On-Sale-of-Intellectual-Property-Licenses-In-Important-Milestone-And-Adopts-Polygon?id=363958
Marvion™ Crosses US$1.2million Revenues On Sale of Intellectual Property Licenses In Important Milestone And Adopts Polygon Chain for DOTs in line with its vision to Achieving Carbon Neutrality in the near future
PR Newswire
https://www.marvion.media/
https://buy.marvion.media/en/resale-list
SINGAPORE, July 7, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC: BONZ) is pleased to make the following announcement:
Marvion's Revenues from the initial launch of movie remake licenses exceeded US$1.2 million in another important milestone achievement in 2022;
US$1 MILLION REVENUE MILESTONE
In 2022, MarvionTM achieved several milestones based on our DOTs, including the trading of Intellectual Property, Copyright, and Trademark licenses (IP Licenses) for protecting property that is the result of creativity.
Since the launch of our first movie remake license DOTs in late June, MarvionTM is pleased to announce that this initial launch has generated revenue exceeding US$1.2 Million in less than one month. This represents a key milestone in the company's achievement and is the first of many remake licence DOT projects in the days to come.
MarvionTM will continue to provide updates to announce new DOTs projects from time to time. Stay tune!
Great time to dump shares! lol. New b'holders above 004?
Took 2 years, but they are finally gaining traction...
https://www.marvion.media/about-us
look at all the projects for NFTs they have going in Asia...
https://www.marvion.media/news
And more dot news in the days to come.....per pr.
Oh! There's News...
https://www.otcmarkets.com/stock/BONZ/news/Marvion-Crosses-US12million-Revenues-On-Sale-of-Intellectual-Property-Licenses-In-Important-Milestone-And-Adopts-Polygon?id=363958
Marvion™ Crosses US$1.2million Revenues On Sale of Intellectual Property Licenses In Important Milestone And Adopts Polygon Chain for DOTs in line with its vision to Achieving Carbon Neutrality in the near future
PR Newswire
SINGAPORE, July 7, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC: BONZ) is pleased to make the following announcement:
Marvion's Revenues from the initial launch of movie remake licenses exceeded US$1.2 million in another important milestone achievement in 2022;
US$1 MILLION REVENUE MILESTONE
In 2022, MarvionTM achieved several milestones based on our DOTs, including the trading of Intellectual Property, Copyright, and Trademark licenses (IP Licenses) for protecting property that is the result of creativity.
Since the launch of our first movie remake license DOTs in late June, MarvionTM is pleased to announce that this initial launch has generated revenue exceeding US$1.2 Million in less than one month. This represents a key milestone in the company's achievement and is the first of many remake licence DOT projects in the days to come.
MarvionTM will continue to provide updates to announce new DOTs projects from time to time. Stay tune!
One of the reasons behind this tremendous success in revenue lies in the fact that our Hybrid DOTs, unlike any other Non-Fungible Tokens (NFTs), are packaged with Intellectual Property (IP) rights, guaranteeing our consumers the assignments of legal rights vested thereunder. Without a shadow of doubt, this is a powerful vehicle to secure authentication and ownership of intangible property.
This week, Marvion™ achieved yet another milestone of demonstrating how movie remake licenses, a very small category of IP Licenses, can be traded with more assurances and better efficiency on the blockchain. With this milestone achieved, Marvion ™ continues to make progress towards its mission of becoming the leading platform for the trading of all media and entertainment related IP Licenses. No doubt the market will continue to see how MarvionTM Hybrid DOTs will continue to be the next evolution of transactions for intangible property (e.g., IP) where tested NFT technologies will be leveraged to enable expeditious/near-instantaneous secondary transaction, removing traditional lag times (e.g., attendance of lawyers, drafting of paper transaction documents, etc.).
Being the first in market, MarvionTM management is confident that there will be continued growth in both interest amongst the markets as the greater public becomes more educated in Hybrid DOT.
MARVION TM VISION TO ACHIEVE CARBON NEUTRALITY
MarvionTM is also pleased to announce that we will be adopting Polygon (MATIC) in our Hybrid DOT as part of our ESG strategy. Being blockchain agnostic, Marvion™ can continuously adopt the most environmentally friendly blockchain solution appropriate for its business. The adoption and implementation of Polygon for Marvion™ Hybrid DOTs reflects its vision to eventually become carbon neutral. Some of the benefits of using the Polygon chain include (but is not limited to):
Comparably lower transaction (gas) fees;
Fast transaction speeds; and
Eco friendly (carbon negative) blockchain.
#BONZ: RAY OF LIGHT COMING... $0.0033
Finally! Back to the old BONZ. get out of the NFT business, thats not your bread
and butter. Back to GOLD it is! bye bye JS, it was not nice knowing ya!
See you in trips, where I load up and get back to my semi-annual routine
of doubling my money.
bye bye 2s.
no name change.
bad vibes from JS!
#BONZ: WELCOME BACK ICE.... 0.0033
BONZ? The future is ZERO (that's where BONZ share price seems to be heading lol)
Yeah, BONZ is such a great company that its price continues to plunge towards zero. lol
Yeah. No. lol Nobody wants this garbage.
#BONZ: SOMEONE SCOOPING UP MILLIONS OF SHARES.... CHEAP.... 0.0033
0.0018 will print soon. What a piece of garbage this thing is.
$BONZ Marvion™? Releases Inaugural Movie Remake Hybrid-DOTs For Sale On Its MetaStudioPress Release | 06/08/2022
Marvion™? Releases Inaugural Movie Remake Hybrid-DOTs For Sale On Its MetaStudio
PR Newswire
SINGAPORE, June 8, 2022
SINGAPORE, June 8, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC:BONZ) is pleased to announce that Marvion™? has launched the inaugural movie remake hybrid DOTs for sale on its MetaStudio on 8 June 2022.
This comes after the successful acquisition of 10 licences for each of 10 types of adaptation rights from a portfolio of 20 movies from Euro Amazing Limited for a value of US$10million in Apr 2022. To recap, the acquisition covers the purchase of perpetual worldwide license for each movie to allow Marvion™? to own the associated licensing, sub-licensing rights in whole or in part, as well as associated territorial rights to mint 10 digital ownership tokens (DOTs) per category for 10 categories of adaptation rights derived from each movie.
With the emergence of Web 3.0, Marvion™? is taking a huge step forward by creating an ecosystem for Intellectual Property (IP) licensing business. According to Julian So, Vice Chairman of Marvion™?, "Marvion™? aims to gradually make the IP licensing market easily accessible to IP collectors and passionate content creators around the world by initially launching a small collection of IP Remake Digital Ownership Tokens ("DOTs"). Prospective buyers can browse through a variety of IPs on our MetaStudio and purchase them as DOTs in just a few clicks. We remain committed to adopt and implement Web 3.0 technologies to disrupt the IP licensing business, to enhance efficiency and productivity and to ultimately improve people's lives. The possibilities are limitless."
Marvion™? purports to disrupt the IP licensing business and the movie industry beginning with classic Hong Kong films. MarvionTM discerns that the IP licensing business has a multitude of opportunities, and has decided to use its proprietary "Digital Ownership Tokens" (DOTs) technology to reform the film IP licensing business. DOTs enable the IP licensing business to expand globally, minimize the business development and operating costs, and greatly reduces the operational and financial risks of the IP creation and licensing process.
By purchasing these DOTs, each buyer will have a one-time only right to remake the specific movie title into a new movie, drama series, comics, novel, animation movie, animation series or other production depending on the license embedded into the DOT, for private and/or commercial purposes and the right to retain all revenues arising from such new production and any merchandise arising solely from such new production to the exclusion of the owner of the copyright. Such right shall exist in perpetuity until it has been exercised, in which event, it shall immediately expire and cease to exist.
Marvion™? has curated 3 IP Remake DOTs for the first drop on its MetaStudio. They include the following Hong Kong classics:
The Sparkle in The Dark (2007/ Action)
The original was released in 2007 with a theme that focused on triads, which was vastly popular in Hong Kong back in the days. Therein lies potential for a brand new remake with gamification options such as "multi-player role playing games".
2. Toothless Vampires (1987/ Drama)
A big hit in 1987 when it was first released, this IP is due for another successful iteration. The original film tells the story of a group of disqualified vampires being deported from the vampire realm to make a living in a foreign country. The horror genre has proven to be popular amongst NFT communities because of the versatility in character development and has potential in gamifications such as Tower defence games or Third-person shooter games.
3. Sweet Revenge (2006/ Eternal)
The original film portrays a series of contradictions and conflicts that occurred when a girl, with an incurable disease, accidentally discovered that the brother she knew might be the murderer of her parents. The storyline of this IP challenges the concept of human nature - the good, and the bad. Similar to the Academy award winning film - Parasite (2009), this IP has the potential to be reworked into another masterpiece.
For more information on Marvion™? and its DOT offerings, please visit www.marvion.media.
About BONZ
Bonanza Goldfields Corporation is a Las Vegas based mining and mineral exploration company, exploring gold and silver properties located in Goldfield, Tonopah and Comstock Mining Districts of Nevada, and the Chloride Mining District of Arizona.
The group is building an ecosystem and a metaverse for the media and entertainment industry that implements and adopts blockchain and NFT technologies, through mergers and acquisitions.
About Marvion™?
Marvion is a metaverse technology company in the media and entertainment industry, focusing on movies, drama, animation, comics, music and games that provide content and entertainment to adults and children alike. Although most media and entertainment content are digital in nature today, they exists in the real world as intangible assets, such as intellectual property, licenses and contractual rights, with intrinsic value.
Marvion applies blockchain and NFT technologies as tools to disrupt and improve the existing media and entertainment industry and its current practices. The technology underpinning NFTs (non-fungible tokens) has multiple functional use cases, some of which have the power to transform our societies, and some of which may be subject to regulations. Marvion uses NFT technology solely to create a legally-binding digital ownership token (DOT) to both tangible and intangible media and entertainment assets, which our analysis suggests would functionally fall outside any regulatory perimeter.
More Information about Marvion™?:
Website: marvion.media
Facebook: facebook.com/marvionmetaverse
Instagram: instagram.com/marvion.media
Twitter: twitter.com/marvion_media
LinkedIn: linkedin.com/company/marvion
Telegram: t.me/marvion_media
About Hybrid DOT (h-DOT)
A h-DOT is an integrated, best in class, digital ownership token (DOT) that contains a smart contract that can execute transactions and also contains the specific legal terms of the intellectual property ownership, license and/or rights. Each Hybrid DOT (h-DOT) contains the following:
A copy of the SPA for the purchase of the master license.
Evidence or warranty of ownership of the relevant intellectual property.
Ownership of the sub-license detailing the rights of the h-DOT holder.
Image/video/music or other file depending on what the asset is.
For media queries, please contact:
Parkson Yip
Media@Marvion.Media
View original content:https://www.prnewswire.com/news-releases/marvion-releases-inaugural-movie-remake-hybrid-dots-for-sale-on-its-metastudio-301564113.html
SOURCE Bonanza Goldfields Corp.
$BONZ Bonanza Goldfields Corp. Issued Letter to Shareholders Covering New Business Initiatives with Blockchain and Metaverse Technologies in Media and Entertainment DistributionPress Release | 06/07/2022
Bonanza Goldfields Corp. Issued Letter to Shareholders Covering New Business Initiatives with Blockchain and Metaverse Technologies in Media and Entertainment Distribution
PR Newswire
SINGAPORE, June 7, 2022
SINGAPORE, June 7, 2022 /PRNewswire/ -- Letter to our shareholders
Dear fellow shareholders of BONZ;
With this first of what we hope to be many future shareholder letters, we want to start a direct communication with you as our shareholders and partners to give you insight into our strategic objectives and values, as well as sharing with you our vision for the future of the metaverse and digital assets, and Marvion's place within it. On behalf of the management and all our team members, we welcome you and look forward to our journey together.
Business Overview
We are a Nevada holding company that through our subsidiaries are engaged in the media and entertainment distribution business. We believe that we are one of the most advanced blockchain and NFT technologies implementation companies in the media and entertainment world. By applying the best blockchain and NFT technologies available today, we have reinvented the NFT and created our proprietary DOT (digital ownership token) for media and entertainment assets.
Each of our DOTs represents a legally binding ownership in a media and entertainment asset (whether tangible or intangible) that exists in the real world (and not the virtual world). Tangible assets include physical records, discs and memorabilia, and intangible assets include intellectual property, licenses and contractual rights. Accordingly, our DOT is not a virtual asset and we are not in the business of distributing virtual assets.
Our mission is to disrupt the media and entertainment industry by introducing our proprietary DOTs. These DOTs will provide a trustworthy and transparent decentralised record of each asset and its transaction history and enhance the ownership experience. They are expected to reduce or even remove intermediaries and thereby increase efficiency and productivity in their distribution and transfer. And, finally, DOTs will be designed to greatly improve the audience's experience when consuming media and entertainment and, hopefully, improve people's lives in the process.
Our vision is to "DOT" every single tangible or intangible asset in the media and entertainment industry around the world. We believe this will bring the media and entertainment world closer together, which will lead to more creativity and diversity and better partnerships and productions.
Our commitment is to work tirelessly to improve the DOT through never ending iterations as we deploy resources to technology research and development and improving the technologies adopted in its implementation.
The Company accepts payment for services in the form of select and liquid digital assets (in addition to fiat currencies), but does not hold digital assets as an investment. Such digital assets are diligently converted into fiat currency after receipt, to minimise our risk against the fluctuations of the digital cryptocurrencies.
In providing our service solutions, we rely on third party blockchain platforms to complete our services. Our solutions, however, are blockchain independent in that we do not rely specific on a single blockchain provider to complete our service solutions but may switch our media to different blockchain services on an as needed basis. We currently have no plans to develop or maintain our own blockchain and intend to fully focus on providing business solutions.
On October 18, 2021, we acquired Marvion Holdings Limited, that is engaged in the business of management advisory services and DOT solution services. Our DOT solution services include:
(i) creating DOT's for third party movie and music producers, including media authentication and access information; and
(ii) providing a website platform to host, access and consume (view or listen) their media.
Marvion charges a fee to create DOTs for the third party movie and music works, as well as charging a platform fee for each DOT sold. While their media is hosted on our media marketplace platform, user access to the media with the proper DOT will not incur additional charges.
With the acquisition of Marvion, we plan to build a more profitable entertainment ecosystem that provides more cost effective and autonomous solutions, with less middlemen and more direct access to the media distribution. We aim to integrate the two businesses to help prospective songwriters, producers, independent labels and performers navigate the potential issues in engaging their works with a wider audience through DOTs.
Engagement, engagement, engagement…
With the advent of blockchain technology and virtual environment in which individuals can engage freely and directly, many new possibilities and challenges exist for businesses. With our "picks and shovels" approach, we have created a back-to-back ecosystem for businesses to create digital assets and experiences, as well as creating a highly engaging metaverse environment where those assets and experiences can be marketed, sold and shared.
With this in mind, we focus on three specific areas in order to deliver value and achieve our mission.
Movie and TV Production
The global film and video service market has an estimated value of USD $252 billion (in 2021) and growing with a CAGR of approximately 6% over the next 5 years, with the APAC region representing the fastest growing segment in the global motion picture industry[1]. Put simply, the demand for motion picture content will continue to grow with consumers finding new and personalized ways to enjoy content.
In this regard, we believe that we will be able to assist production companies and rights holders in increasing revenue generating opportunities through the sale and purchase of DOTs with unique features and access towards events, features, and content, such as (i) Pre-Production (Cameo appearances, posters, and concepts), (ii) Production (Action photos and access to the scene), and (iii) Post- Production –(Scripts, premiere tickets, and meeting the actor(s).
A case in point is our collaboration with Phoenix Water Productions. In October 2021, we launched Asia's first feature film DOT for the movie Lockdown. Holders of those DOTs were given VIP access to the movie's gala premiere in London. This was followed by the world's first cameo DOT for the television series Forensic Psychologist – whereby DOT holders could play a cameo role in the TV production. As it was for an exclusive movie premiere, only 5 such VIP tickets were minted and the total revenue generated was US$340.
In December 2021, Marvion minted and launched 2,000 DOTs at a price of 0.188BNB each. These DOTs gave holders the right of perpetual non-commercial private enjoyment to view, print on any memorabilia and use on any social media the still image(s) relating to the DOT. All the 2,000 DOTs were sold by Apr 2022 and generated more than US$169,200 for the Group. A portion of the revenue was shared with Phoenix Waters Productions – which was a new stream of income for the production company. We believe we can do the same for other companies in the same space.
During the year ended December 31, 2022, our Media and entertainment segment generated $95,955 in revenue for the year ended December 31, 2021, which was primarily driven by the sales of 2,006 Tokens on our h-DOT ecommerce website, while our consulting business segment generated $201,137, for total revenue of $297,092. Our cost of revenue for the same year was $87,823, resulting in a gross profit of $209,269. We incurred a net loss of $2,121,074 for the year ended December 31, 2021, with general and administrative expenses accounting for $1,334,066, corporate development costs of $680,000, sales and marketing costs of $4,185,363 and technology and development costs of $124, 148.
During the quarter ended March 31, 2022, our Media and entertainment segment generated $82,945 in revenue for the three months ended March 31, 2022, which was primarily driven by the sales of Forensic Psychologist Hybrid Digital Ownership Tokens on our h-DOT ecommerce website, while our consulting business segment generated $24,825, for total revenue of $107,770. Our cost of revenue for the same quarter was $37,780, resulting in a gross profit of $69,990. We incurred a net loss of $1,029,967 for the quarter ended March 31, 2022, with technology and development expenses accounting for $505,930 and general and administrative expenses accounting for $444,004.
Additional information regarding our annual and quarterly performances can be obtained through our annual and quarterly reports filed with the United States Securities and Exchange Commission on www.sec.gov.
Based on these experiences, we see a significant opportunity for production companies and rights holders to create deeper engagement and revenue opportunities (offset production costs) from their value chain starting at pre-production to the point of distribution. We believe that we have just scratched the surface of a potentially massive opportunity and we seek to work with more production companies to bring content-rich DOTs to market.
IP Remakes & Royalties
The Global Intellectual Property Rights and Royalty Management Market has an estimated value of USD $9 billion (in 2021) and growing with a CAGR of approximately 12% over the next 5 years, with the Media and Entertainment Segment expected to make up approximately 30% of the total value by 2026[2]. With this in mind, we believe that there is a significant opportunity to aid production companies and rights holders to monetize their legacy IP by creating DOTs to remake and re-sell the rights of these assets, such as comics, books, and movies. With quality and provenance being critical, we have decided to build out this functionality inhouse without any third-party dependencies (other than distributing via third-party platforms).
Marvion Metaverse
Perhaps most exciting is the global growth of the Metaverse Market, which is expected to grow with an approximated CAGR of 40% over the next 5 years (USD $67 billion value in 2021) with the all-time value of items sold, such as land, goods, and services topping USD $200 million in 2021[3]. We believe that the metaverse economy is in its infancy, still struggling with some fundamental technological and engineering-based challenges to reach its full potential.
However, at its current stage of technological development we believe that there are areas where companies and individuals can derive value from exchanges of products and experiences. With this in mind, we are focused on the metaverse as a means of personal expression, and for companies to distribute products and share experiences to form a low-friction, deeper engagement with its customers.
Specifically, the Marvion Metaverse will allow the sale and purchase of virtual land by way of DOTs. Architecturally, owners will be offered the ability to choose from a number of pre-designed options, or alternatively, work with an architect to design their own custom build. Beyond the acquisition and development of real estate, each DOT owner can create their own bespoke identity, as well as the development and interaction in communities.
In conclusion…
Following the successful collaborations we have experienced, we believe that Web3, which includes blockchain, NFT, metaverse, AI, autostereoscopic 3D, and more, and its adoption and responsible implementation will become essential to the media and entertainment industry in the future. We anticipate that a key future source of revenue growth will include providing Web3 as a Service (3aaS in short). While we work hard to develop such capabilities, let us not forget the "heartware" that drives it all – our values.
Our values are the foundational pillars we rely on in the operating of the business and in the establishing of its protocols, and they are:
Experience comes first – All things we do must not only be functional or provide some form of utility, but it must also be intuitive, prove an unparallel user experience, and as much as possible leave the end user with something that's fun and worth sharing.
Directness – With a decentralized team model, we have the ability to build a highly skilled and globally diverse workforce. However, this depends on efficient and direct communication. Be direct but be respectful.
Measure and Monitor – The speed at which we are able to innovate, improve and make relevant our offering is directly related to measuring its effectiveness and the rate and quality in which we collect feedback.
Build Long Term Value (Sustainable Projects) – While a project may not be relevant in its current iteration forever, we focus on projects which have a long-term meta driver, as well as developing a solution which is simple, sustainable and is likely to stand in the face of technological innovation.
Fail, but do it Quickly – Learning and making mistakes go hand in hand, however, making the same mistakes or not learning from them is costly. Make mistakes, but learn and adapt from them.
We firmly believe that we are in the very early days of an exciting digital ownership revolution. With the continued support of shareholders and with our team's hard work, we enthusiastically look to the future working hard to successfully navigate the rapid and encouraging industry developments under way, and contribute in a meaningful way to the new world economy bringing about new forms of ownership, new valuable experiences, and in doing so empowering people and companies across the globe. Towards that end, we on the Marvion team would like to thank you, our shareholders, for your continuous support.
Dr Chan Man Chung
CEO
Bonanza Goldfields Corp.
Remarks:
[1] Global Film and Video Services Market Report 2021 - Opportunities and Strategies to 2030 - ResearchAndMarkets.com, Motion Picture Industry Market Research Report - Segmentation by Genre (Action, Comedy, Drama, Fantasy, Horror, Romance, and Others); By Demography (Children and Adults); By Dimension (2D and 3D & above) - Demand Analysis & Opportunity Outlook 2027 - marketdataforecast.com
[2] Intellectual Property Rights and Royalty Management - Global Market Trajectory & Analytics to 2026 - ResearchAndMarkets.com
[3] Metaverse Market, By Component (Hardware, Software), By Platform (Desktop, Mobile), By Offerings (Virtual Platforms, Asset Marketplaces, and Others) By Technology (Blockchain, VR & AR, Mixed Reality), By Application, By End-use, and By Region Forecast to 2028; Grayscale_Metaverse_Report_Nov2021
For more information on Marvion™? and its DOT offerings, please visit www.marvion.media.
Forward Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including the expansion into the decentralized financing space. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with operating a business in Singapore and Hong Kong, risk of interference by the PRC government, ability to compete, that financial resources do not last for as long as anticipated, and that BONZ is a holding company that may not realize the expected benefits of NFT's offered by Marvion™?. A further list and description of these risks, uncertainties and other risks can be found in BONZ's regulatory filings with the U.S. Securities and Exchange Commission, including in its current report on Form 10-K filed on March 31, 2022. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. BONZ undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
About BONZ
Bonanza Goldfields Corporation is a Las Vegas based mining and mineral exploration company, exploring gold and silver properties located in Goldfield, Tonopah and Comstock Mining Districts of Nevada, and the Chloride Mining District of Arizona.
The group is building an ecosystem and a metaverse for the media and entertainment industry that implements and adopts blockchain and NFT technologies, through mergers and acquisitions.
About Marvion™?
Marvion is a metaverse technology company in the media and entertainment industry, focusing on movies, drama, animation, comics, music and games that provide content and entertainment to adults and children alike. Although most media and entertainment content are digital in nature today, they exists in the real world as intangible assets, such as intellectual property, licenses and contractual rights, with intrinsic value.
Marvion applies blockchain and NFT technologies as tools to disrupt and improve the existing media and entertainment industry and its current practices. The technology underpinning NFTs (non-fungible tokens) has multiple functional use cases, some of which have the power to transform our societies, and some of which may be subject to regulations. Marvion uses NFT technology solely to create a legally-binding digital ownership token (DOT) to both tangible and intangible media and entertainment assets, which our analysis suggests would functionally fall outside any regulatory perimeter.
More Information about Marvion™?:
Website: marvion.media
Facebook: facebook.com/marvionmetaverse
Instagram: instagram.com/marvion.media
Twitter: twitter.com/marvion_media
LinkedIn: linkedin.com/company/marvion
Telegram: t.me/marvion_media
About Hybrid DOT (h-DOT)
A h-DOT is an integrated, best in class, digital ownership token (DOT) that contains a smart contract that can execute transactions and also contains the specific legal terms of the intellectual property ownership, license and/or rights. Each Hybrid DOT (h-DOT) contains the following:
A copy of the SPA for the purchase of the master license.
Evidence or warranty of ownership of the relevant intellectual property.
Ownership of the sub-license detailing the rights of the h-DOT holder.
Image/video/music or other file depending on what the asset is.
For media queries, please contact:
Parkson Yip Media@Marvion.Media
View original content:https://www.prnewswire.com/news-releases/bonanza-goldfields-corp-issued-letter-to-shareholders-covering-new-business-initiatives-with-blockchain-and-metaverse-technologies-in-media-and-entertainment-distribution-301562791.html
#BONZ: READY FOR WHAT COMES NEXT....$$$$.... 0.0033
https://www.marvion.media/
https://www.otcmarkets.com/stock/BONZ/security
https://twitter.com/Julianshm
https://twitter.com/marvion_media
https://pbs.twimg.com/media/FUTYQkIXEAMJo-u?format=jpg&name=medium
[
#BONZ: ANOTHER CHANCE TO GET OUT... 2.3 MIL. BID @ 0.003
C'MON MAN......FILL THAT BID...!
Wrong: The future is a SECOND from now, and BOMZ's potential is zilch ... sadly for taken longs.
#BONZ: THE FUTURE IS NOW...
Join the Preview for the June.05 LIVE AUCTION with 1stbid: RARITIES FROM AROUND THE WORLD. FINE ART INCLUDES
— Coinllectibles (@coinllectibles) May 31, 2022
👁️ Our DOT / NFT 👁️
Salvador Dali, Rhinoceros Habille en Dentelles@patrick_artwork (Hughes), Doctor in the House
+++
Tune in at 5pm HKT June.02https://t.co/SEmkjWwf4u pic.twitter.com/Q6MzJGFppx
That bid will go away and this pos will sink to my .0018 area
#BONZ: HERE'S YOUR CHANCE TO GET OUT... BID @ 0.003; 2.5MILLION !
In 3...2...
#BONZ: VERY GOOD IDEA....smile LOAD THOSE $0.002's
#BONZ: FANTASTIC NEWS SEC REVIEW COMPLETED...
"We have completed our review of your filing"! It seems our implementation of #NFT tech => #DOT survived the scrutiny of the
@SECGov
!
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
"We have completed our review of your filing"! It seems our implementation of #NFT tech => #DOT survived the scrutiny of the @SECGov! 🚀💪👏@XBEgroup @coinllectibles @CoinllectiblesS @marvion_media @DOTAssn @colligotoken#Metaverse #Blockchain #NFTCommunity #Crypto #Web3 #NFTs
— ⭐⭐⭐Julian So | Group CEO | ⭐⭐⭐ (@Julianshm) May 25, 2022
R/S coming to a theatre near you this summer!
#BONZ: VERY GOOD IDEA.... LOAD THOSE $0.003's
#BONZ: NFT Atlanta Con 2022: XBE on Culture, Entertainment, and Technology....!
Julian So, XBE Group CEO, is going to discuss how their companies Coinllectibles.art and Marvion.media change the entertainment Industry through blockchain technology.
https://www.youtube.com/watch?v=lOL0F6z3rcQ
Live in 3 days
May 23 at 3:00 PM
Set reminder
#Metaverse #DAOs #Web3
NFT Atlanta Con 2022: XBE on Culture, Entertainment, and Technology
https://youtu.be/lOL0F6z3rcQ
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https://www.marvion.media/
https://www.youtube.com/watch?v=YsV6xcEkv7I
https://marvion.media/
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#BONZ:.ITEM.10.DIRECTORS,EXECUTIVE.OFFICERS.AND.CORPORATE.GOVERNANCE....
Julian So
Non Executive Vice Chairman
After graduating from Law School at the National University of Singapore (with Dean's list award), Julian So proceeded to obtain legal qualifications in Singapore, Hong Kong and the United Kingdom.
He practiced finance law in the then largest law firm in Singapore, Allen & Gledhill, and subsequently joined an international law firm in Hong Kong, Simmons & Simmons, specialising in securitisation, derivatives and structured finance.
Apart from legal private practice, Julian also has more than 15 years experience in the finance industry in all of the three Asian financial centres (Hong Kong, Singapore and Tokyo). During this time, he held senior positions in UBS AG, Royal Bank of Scotland, Morgan Stanley and was Head of Asia Fixed Income at Mizuho Securities.
Mr. So Han Meng Julian, age 50, was appointed to serve as our Director on October 18, 2021. Mr. So has more than 15 years of experience in the finance industry in all of the three Asian financial centers of Hong Kong, Singapore and Tokyo, as well as experience in the private practice of. Law with some of the largest firms in Singapore. Mr. So currently the Group Chief Executive Officer of Marvel Digital Group Limited and the Interim CEO of Marvion Private Limited. Prior to joining the Marvion group of companies, Mr. So was the Head of Asia Fixed Income at Mizuho Securities from 2009 to 2010, Vice President at Morgan Stanley from 2007 to 2009, Director at the Royal Bank of Scotland form 2006-2007 and Executive Director at UBS AG from 2001 to 2006. Mr. So practiced finance law in the then largest law firm in Singapore, Allen & Gledhill between (1996-1999), and subsequently joined an international law firm in Hong Kong, Simmons & Simmons (1999-2001), specializing in securitization, derivatives and structured finance. He received his law degree from the National University of Singapore in 1996 and is qualified to practice law in Singapore, Hong Kong and the United Kingdom. Mr. So brings to our board his deep experience in the finance and legal industries.
Dr Herbert Lee
Board Chairman
Dr. Lee is a certified Chartered Engineer and obtained a bachelor’s degree in structural engineering from the University of British Columbia, Canada. He completed a master’s degree in technology management at the Hong Kong University of Science and Technology and was awarded a Ph.D. in Engineering from the Hong Kong Polytechnic University. Dr. Lee was awarded a senior academician by the Hong Kong Institute of Asian Knowledge Management and was appointed by the China Academy of Management Sciences as the Executive Director of the Shenzhen Branch in 2018.
Dr. Lee has over 20 years of management experience in the high-tech industry and has won several awards for outstanding scientific and technological innovation. Dr. Lee has more than 45 registered patents and 800+ authorized patents worldwide.
Dr. Lee Ying Chiu Herbert, aged 69, was appointed to serve as our director on August 26, 2021. Dr. Lee is a seasoned businessman with significant experience in the Hong Kong and Chinese digital advertising market sector and technology development. Over the past 17 years, Dr. Lee has extensive working experience in technology management and 3D auto stereoscopy. Dr. Lee has served as director of Integrated Media Technology Corporation (IMTE: NASDAQ) and retired on May 31, 2019. During these years, he has also invested in many technology start-ups and incubated them into successful companies. Dr. Lee currently sits on the Board of Directors of Cosmos Group Holdings, Inc. (COSG: OTC PK). He brings to our Board his deep experience in technology development and digital advertising.
Dr. Chan Man Chung, age 63, was appointed to serve as our Chief Executive Officer, Chief Financial Officer, Secretary and a director of the Company on August 26, 2021. He is currently the founding Director and Executive Chairman of the Sustainable Development Institute for the United Nations and has served as the founding director of Institute of Systems Management since 2003. Since 2015 to September 30, 2021, Dr. Chan has served as Vice President of Marvel Digital Company, a subsidiary of Integrated Media Technology Corporation (IMTE:NASDAQ) and a director of IMTE. Dr. Chan has served as the Chief Executive Officer, Chief Financial Officer, Secretary and Director of Cosmos Group Holdings, Inc. (COSG: OTC PK) since August 13, 2021. Dr. Chan has taught and lectured at the Hong Kong Polytechnic University and New South Wales University, Australia, and published more than 22 articles relating to information systems, knowledge systems, data mining and artificial intelligence and brings to our board his deep experience in these fields. Dr. Chan also engaged in numerous research projects and authored numerous papers relating information and knowledge management systems, pattern recognition, data mining and artificial intelligence for business applications.
https://ih.advfn.com/stock-market/USOTC/bonanza-goldfields-pk-BONZ/stock-news/87718330/annual-report-10-k#BONANZA_I10K-123121_HTM_a54
ITEM 1. DESCRIPTION OF BUSINESS.
We are a Nevada holding company that through its subsidiaries are engaged in the media distribution business. Specifically, we provide authentication, valuation and certification (“AVC”) service, sale and purchase, hire purchase, financing, custody, security and exhibition (“CSE”) services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of digital ownership tokens (“DOTs”). We operate in two business segments through our subsidiaries: (i) a strategic business and management advisory services operated through Typerwise Limited, a Hong Kong limited liability company; and (ii) a DOT solution service business operated through Marvion Private Limited, a Singapore limited liability company. Typerwise is a cross-cultural strategic and management consulting firm founded by an investment banking professional with experience in financial markets, legal, compliance and business operations. Typerwise offers financing and business development solutions as well as related professional services such as assisting clients in meeting regulatory and best practices requirements. With the development of the Digital Ownership Tokens (“DOT”) based on blockchain technologies, Typerwise has been assisting technology companies in meeting regulatory and legal requirements while setting up and offering DOT products and services in Hong Kong. Leveraging the blockchain technologies obtained by Marvion, the group developed a media distribution business by minting a DOT for the media as a unique identification to track and identify the ownership and access rights to the media products. The media products can be movie, music or graphics files. Marvion will acquire the media and sell all DOT minted media products through online marketplaces. Typerwise was incorporated on May 29, 2018, in Hong Kong. During the years ended December 31, 2021 and 2020, our strategic business and management advisory services segment generated revenue of $201,137 and $0, respectively, and our sale and distribution of the licensed media content embedded with DOT solution business segment generated revenue of $95,955 and $0, respectively. The Company accepts payment for services in the form of select and liquid digital assets, but does not hold digital assets as an investment. Such digital assets should be converted into fiat currency or stable digital currency after receipt, subject to the factors include but not limited to currency fluctuations, government policies, exchange control regulations, and general economic market condition.
In providing our service solutions, we rely on third party blockchain platforms to complete our services. Because we are dependent on third party providers to support certain aspects of our business activities, any interruptions in services by these third parties may impair our ability to service our clients. Please see “Risk Factors- We rely on third-party service providers and partners for certain aspects of our operations, and any interruptions in services provided by these third parties may impair our ability to support our users.” Our solutions, however, are blockchain independent in that we do not rely specific on a single blockchain provider to complete our service solutions but may switch our media to different blockchain services on an as needed basis. We currently have no plans to develop or maintain our own blockchain and intend to focus on providing business solutions.
On October 18, 2021, we acquired Marvion Holdings Limited, a British Virgin Islands limited liability company, that is engaged in the business of management advisory services and DOT solution services. Our DOT solution services include: (i) creating DOTs for third party movie and music producers, including media authentication and access information; and (ii) providing a website platform to host, access and consume (view or listen) their media. We will charge a fee to create DOTs for their movie and music works. We will also be charging a platform fee for each success selling of their DOT on our platform. While their media is hosted on our media marketplace platform, user access to the media with the proper DOT will not incur extra charges.
Marvion Private Limited, the operating company of Marvion Holdings Limited, was incorporated on August 19, 2021, in Singapore. With the acquisition of Marvion, we plan to build a more profitable entertainment ecosystem that provides more cost effective and autonomous solutions, with less middlemen and more direct access to the media distribution. We aim to integrate the two businesses to help prospective songwriters, producers, independent labels and performers navigate the potential issues in engaging their works with a wider audience through DOT.
Dr. Lee is a certified Chartered Engineer and obtained a bachelor’s degree in structural engineering from the University of British Columbia, Canada. He completed a master’s degree in technology management at the Hong Kong University of Science and Technology and was awarded a Ph.D. in Engineering from the Hong Kong Polytechnic University. Dr. Lee was awarded a senior academician by the Hong Kong Institute of Asian Knowledge Management and was appointed by the China Academy of Management Sciences as the Executive Director of the Shenzhen Branch in 2018.
Dr. Lee has over 20 years of management experience in the high-tech industry and has won several awards for outstanding scientific and technological innovation. Dr. Lee has more than 45 registered patents and 800+ authorized patents worldwide.
After graduating from Law School at the National University of Singapore (with Dean's list award), Julian So proceeded to obtain legal qualifications in Singapore, Hong Kong and the United Kingdom.
He practiced finance law in the then largest law firm in Singapore, Allen & Gledhill, and subsequently joined an international law firm in Hong Kong, Simmons & Simmons, specialising in securitisation, derivatives and structured finance.
Apart from legal private practice, Julian also has more than 15 years experience in the finance industry in all of the three Asian financial centres (Hong Kong, Singapore and Tokyo). During this time, he held senior positions in UBS AG, Royal Bank of Scotland, Morgan Stanley and was Head of Asia Fixed Income at Mizuho Securities.
https://ih.advfn.com/stock-market/USOTC/bonanza-goldfields-pk-BONZ/stock-news/87718330/annual-report-10-k
ITEM 1. DESCRIPTION OF BUSINESS.
We are a Nevada holding company that through its subsidiaries are engaged in the media distribution business. Specifically, we provide authentication, valuation and certification (“AVC”) service, sale and purchase, hire purchase, financing, custody, security and exhibition (“CSE”) services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of digital ownership tokens (“DOTs”). We operate in two business segments through our subsidiaries: (i) a strategic business and management advisory services operated through Typerwise Limited, a Hong Kong limited liability company; and (ii) a DOT solution service business operated through Marvion Private Limited, a Singapore limited liability company. Typerwise is a cross-cultural strategic and management consulting firm founded by an investment banking professional with experience in financial markets, legal, compliance and business operations. Typerwise offers financing and business development solutions as well as related professional services such as assisting clients in meeting regulatory and best practices requirements. With the development of the Digital Ownership Tokens (“DOT”) based on blockchain technologies, Typerwise has been assisting technology companies in meeting regulatory and legal requirements while setting up and offering DOT products and services in Hong Kong. Leveraging the blockchain technologies obtained by Marvion, the group developed a media distribution business by minting a DOT for the media as a unique identification to track and identify the ownership and access rights to the media products. The media products can be movie, music or graphics files. Marvion will acquire the media and sell all DOT minted media products through online marketplaces. Typerwise was incorporated on May 29, 2018, in Hong Kong. During the years ended December 31, 2021 and 2020, our strategic business and management advisory services segment generated revenue of $201,137 and $0, respectively, and our sale and distribution of the licensed media content embedded with DOT solution business segment generated revenue of $95,955 and $0, respectively. The Company accepts payment for services in the form of select and liquid digital assets, but does not hold digital assets as an investment. Such digital assets should be converted into fiat currency or stable digital currency after receipt, subject to the factors include but not limited to currency fluctuations, government policies, exchange control regulations, and general economic market condition.
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BONZ SECURITY DETAILS
Share Structure
Market Cap Market Cap $9,525,178 02/15/2022
Authorized Shares 1,970,000,000 02/15/2022
Outstanding Shares 1,867,681,876 02/15/2022
Restricted 1,306,405,510 02/15/2022
Unrestricted 561,276,366 02/15/2022
Held at DTC 524,187,096 02/15/2022
Float 551,285,004 12/31/2020
https://www.stockscores.com/chart.asp?TickerSymbol=BONZ&TimeRange=180&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen
https://www.otcmarkets.com/stock/BONZ/news/Bonanza-Goldfields-Corp-plans-to-acquire-Marvion?id=321851
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This is a 6-part series on understanding Fusion & Hybrid NFTs brought to you by Coinllectibles & Marvion
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