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NEWS -- Metaverse Fashion Week 2023 Returning to Tokens.com’s Luxury District
TORONTO, March 01, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce that Tokens.com subsidiary, Metaverse Group, will play a major role in Metaverse Fashion Week 2023 (MVFW23). Metaverse Group’s Luxury District within Decentraland will serve as the event’s base, hosting global brands such as Dolce & Gabbana and DKNY. Beyond land rentals, Metaverse Group will be providing in-house design and architectural services to build out digital metaverse experiences for several clients participating in the event.
MVFW23 is scheduled to take place from March 28-31, 2023 spanning across three metaverses including Decentraland, Over, and Spatial, and will be open to all attendees at no cost. The Luxury Fashion District located in Metaverse Group’s Fashion Street Estate is a key destination that will be hosting virtual fashion shows, retail shops selling digital wearables, musical artists, and virtual parties.
Now in its second year, MVFW23 will include more immersive digital experiences hosted by some of the world’s leading fashion houses. Some experiences announced to date are below:
NEWS -- Tokens.com Reports Financial Results for Q1 2023
TORONTO, February 14, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse, and play-to-earn gaming, is pleased to report its financial results for three months ended December 31, 2022 ("Q1-2023"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.
Q1-2023 Operation Highlights:
- Tokens.com’s subsidiary, Metaverse Group Ltd, fully leased its digital real estate in two popular Decentraland neighborhoods. The land was occupied by a diverse collection of esteemed brands and businesses.
- Metaverse Group hosted its first metaverse music festival in Decentraland on its Music Hub property.
- Metaverse Group successfully acquired CocoNFT, an NFT platform for non crypto-native creators.
- Tokens.com and Metaverse Group have partnered with the AIR MILES® Reward Program to become the first brand-agnostic loyalty program of the metaverse.
- Hulk Labs signed a partnership agreement with Aftermath Islands Limited, a controlled subsidiary of Liquid Avatar Technologies.
- Hulk Labs has successfully integrated over a thousand player wallets into its network, with a primary focus on Africa.
- Hulk Labs acquired a validator node license for Splinterlands, one of the longest running and most active play-to-earn games, and entered into a broad partnership with the Splinterlands team.
- Tokens.com liquidated some of its tokens in inventory in favour of holding cash, in consideration of volatile crypto prices and the ongoing turmoil caused by the bankruptcy of FTX and BlockFi.
Management is focused on building its web3 businesses, Metaverse Group and Hulk Labs. Those businesses are focused on innovation in the web3 sector in ways that are not tied to the performance of cryptocurrencies. Both businesses have made great strides in providing corporate and brand partners with new ways to engage their customers.
Metaverse Group and Hulk Labs both became revenue positive in 2022 through focus on innovative services and through building proprietary intellectual property. The Company’s strategy is to limit its crypto exposure to Layer 1 cryptocurrencies such as Ethereum and Polkadot, while also building sustainable and profitable businesses that leverage web3 and blockchain technology. This strategy provides investors with the potential upside in crypto prices and the growing use cases for blockchain technology.
"In 2022, Tokens.com was successful in laying down the foundation for two new operating segments being Metaverse Group and Hulk Labs in the metaverse and gaming sectors, respectively. These subsidiaries are now revenue positive, but still in the very early stages of their growth. For 2023, management is focused on scaling growth within those operations to generate more significant levels of revenue," said Andrew Kiguel, CEO.
Q1-2023 Financial Highlights
- The Company achieved revenue of $152k for the three months ended December 31, 2022, compared to $326k for the three months ended December 31, 2021 ("Q1-2022").
- Total cash and cryptocurrency holdings of $10.4 million, or CAD$13.5 million as of December 31, 2022.
- Staking revenue was $40k for the three months ended December 31, 2022, compared to $216k for the three months ended December 31, 2021.
- Increased Ethereum holdings to 3,273, as of the date of this press release.
- Average gross staking yields of 6.9% for Q1-2023, compared to 4.6% for Q1-2022, due to a change in token mix.
- Metaverse Group continued to gain traction in its metaverse consulting business, with consulting revenue of $85k and lease revenue of $23k during Q1-2023.
- Operating expenses were $718k for the three months ended December 31, 2022, compared to $3.3 million for the three months ended December 31, 2021.
- A non-cash loss on revaluation of its cryptocurrency assets of $1.3 million for Q1-2023, compared to a loss of $829k for Q1-2022. Loss on disposal of digital assets was $102k for the three months ended December 31, 2022, compared to a gain of $1.5 million during the three months ended December 31, 2021.
- A net loss and comprehensive loss for the three months ended December 31, 2022, attributable to Tokens.com, of $1.6 million, compared to net loss of $3.7 million and comprehensive loss of $1.6 million, attributable to Tokens.com, for the three months ended December 31, 2022.
Continuous Disclosure
Further to a review by the staff of the Ontario Securities Commission (the "OSC") of the Company’s continuous disclosure, the Q1-2023 MD&A includes enhanced disclosures with respect to the Company’s staking operations and custody of its assets.
As a result of having to make such enhanced disclosure after the OSC review, the Company has been placed on the public list of Refilings and Errors in accordance with OSC Staff Notice 51-711 (Revised) - Refilings and Corrections of Errors for a period of three years, effective today.
A complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (www.tokens.com), and the SEDAR website (www.sedar.com).
An investor call has been scheduled to discuss the Company’s Q1-2023 financial results, hosted by CEO Andrew Kiguel, starting at 10:00 am ET on February 15, 2023.
Conference Call Details:
Date: February 15, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_hmo4N8q2RIawvs51C1-nRg
To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.
About Tokens.com
Tokens.com Corp is a publicly traded technology company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
As a result of each of the three business segments owning digital assets, Tokens.com is required to mark-to-market these digital assets at the end of every reporting quarter. As a result, the Company's financial statements will have non-cash related gains or losses based on the market performance of the digital assets owned from quarter-to-quarter. These non-cash revaluations of owned digital assets do not impact the operations or growth within our business segments. The digital assets are owned for the purpose of generating revenue within each business segment. In some instances, the Company may choose to dispose of certain assets if they no longer meet our ownership criteria.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230214005854/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com to Release its Financial Results for Q1-2023 on February 14, 2023
TORONTO, February 10, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to share that it will release its financial results for the three months ended December 31, 2022 ("Q1 2023") on Tuesday February 14th, 2023.
An investor webinar hosted by CEO Andrew Kiguel on Zoom has been scheduled to discuss the Company’s Q1 2023 financial results starting at 10:00 am ET on February 15th, 2023.
Date: February 15th, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_hmo4N8q2RIawvs51C1-nRg
To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modelling and game development studio. Crypto gaming operations occur within a subsidiary called Hulk Labs.
All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230210005046/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Provides Further Update on Assets Held at Genesis Global Capital
TORONTO, January 20, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, provides update on assets being held with Genesis Global Capital, LLC ("Genesis").
In the evening of January 19th, 2022, Genesis Global Capital filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. Tokens.com has a loan facility with Genesis, for which the Company was required to post collateral in token assets. Based on the closing price on January 19, 2023, this collateral was worth approximately US$749k. Tokens.com has a loan outstanding against this collateral of US$138k. The difference between the collateral and the loan value represents approximately 3.1% of Tokens.com’s total assets of US$20.0 million as at September 30, 2022, our financial year-end.
Tokens.com has been aware of the issues at Genesis and has been requesting to have its collateral returned and repay the loan outstanding. Redemption of collateral for all lending clients has been frozen by Genesis since November 16, 2022. Genesis is currently establishing a customary claims process, which could put all or a portion of the value of the Tokens.com’s net collateral at risk.
The unavailability of these tokens does not have a material impact on Tokens.com’s financial position or operations. There was no cash held at Genesis. Tokens.com remains well capitalized to meet its future plans and this does not affect the Company’s cash position.
The remainder of crypto assets owned by Tokens.com are held in internally managed wallets which are not at risk of third-party management or custody issues.
Tokens.com management continues to monitor the situation and remains in contact with Genesis to seek a resolution to this situation that is in the best interest of Tokens.com shareholders.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modelling and game development studio. Crypto gaming operations occur within a subsidiary called Hulk Labs.
All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230120005231/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Provides Update on Assets Held at Genesis Global Capital
TORONTO, January 20, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, provides update on assets being held with Genesis Global Capital, LLC ("Genesis").
Tokens.com has an open loan facility with Genesis, for which the Company is required to post collateral in token assets. Based on the closing price on January 18, 2023, this collateral was worth US$890k. Tokens.com has a loan outstanding against this collateral of US$138k. The difference between the collateral and the loan value represents approximately 3.7% of our total assets of US$20.0 million as at September 30, 2022.
Tokens.com has requested to have its collateral returned and repay the loan outstanding in full. Genesis has paused redemptions of collateral for all lending clients and has recently been rumored to be exploring bankruptcy protection, which could put the value of the Company’s net collateral at risk.
The unavailability of these tokens does not have a material impact on Tokens.com’s financial position or operations. The Company remains well capitalized to meet its future plans.
The remainder of crypto assets owned by Tokens.com are held in internally managed wallets which are not at risk of third-party management or custody issues.
Tokens.com management continues to monitor the situation and remains in contact with Genesis to seek a resolution to this situation that is in the best interest of Tokens.com shareholders.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modelling and game development studio. Crypto gaming operations occur within a subsidiary called Hulk Labs.
All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230120005038/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Subsidiary Announces Partnership with Splinterlands, a Leading P2E Game
TORONTO, January 18, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse, and play-to-earn gaming, is pleased to announce that its subsidiary, Hulk Labs, has acquired a validator node license for the popular play-to-earn (P2E) game Splinterlands and has entered into a broad partnership with the Splinterlands team.
Splinterlands is one of the longest running and most active play-to-earn (P2E) games in the web3 space, boasting over 350,000 players and 12 million+ transactions daily. Validator node operators like Hulk earn a share of 3,750,000 Splintershards tokens per month, as well as game VOUCHERS, both of which can be exchanged for on-chain game assets or traded freely on secondary markets. Validator node licenses for Splinterlands originally went on pre-sale in May 2022, selling out the 2,000 licenses available at launch in 11 minutes.
The acquisition of a validator node license is aligned with Hulk Labs focus on yield generation within the web3 gaming space, as Splinterlands has shown itself to be a sustainable game – even amid the current bear market. Hulk plans to leverage its validator node to earn in-game assets which will be used to deploy into its growing network of players.
In addition to the node license, Hulk Labs has also partnered with NFTy Arcade, to leverage their guild tooling and facilitate the onboarding of new Splinterlands players across the world.
Hulk is planning a further expansion into the Splinterlands ecosystem in partnership with NFTy arcade - and is leveraging their Splinterlands experience, player and asset management tools, and rewards tracking allows for a seamless on-ramp for Hulk Labs player network.
The current crypto market environment has made it challenging for new games to come to market, but Splinterlands has remained strong. In addition to the main deck-builder based game, Splinterlands is also prepared to release a highly anticipated tower defense game. Pre-sales for tower defense card packs launched on September 20th, and sold out in 12 hours, with over 200,000 of the 250,000 packs available selling in the first 30 minutes.
"Hulk Labs continues to grow its platform and revenue generating opportunities," said Andrew Kiguel, CEO of Tokens.com. "As web3 gaming and P2E continue to grow, Hulk Labs is positioned to be an industry leader in analytics and wallet management software."
P2E games interested in a partnership with Hulk Labs can contact mailto://contact@tokens.com.
About Tokens.com
Tokens.com Corp is a publicly traded technology company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
As a result of each of the three business segments owning digital assets, Tokens.com is required to revalue these assets at every reporting quarter. The Company's financial statements will have non-cash related gains or losses based on the market performance of the digital assets owned from quarter to quarter. These non-cash revaluations of owned digital assets do not impact the operations or growth within our business segments. The digital assets are owned for the purpose of generating revenue within each business segment. In some instances, the Company may choose to dispose of certain assets if they no longer meet our ownership criteria.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a web3 technology company focused on building tools and systems to generate income from Play-to-Earn (P2E) blockchain games. Hulk Labs builds calculators to evaluate the profit potential and longevity of P2E games. In addition, the company is building a global player network to play games on behalf of asset-holders and is building tools to securely delegate and track in-game NFTs. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that invests in web3 assets and businesses.
For further information please visit https://hulklabs.com.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005128/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
$SMURF continues to climb . Long way to go though ...C'mon little fella ...
NEWS -- Tokens.com’s Metaverse Subsidiary Acquires CocoNFT
TORONTO, January 03, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse, and play-to-earn gaming, is pleased to announce that its subsidiary, Metaverse Group, has acquired CocoNFT ("Coco"), an NFT platform for non crypto-native creators. As part of the acquisition, Coco’s co-founders who will join the Metaverse Group team as Chief Technology Officer and Chief Product Officer, bringing experience from tech sector leaders Hootsuite and Zapier.
The Coco acquisition includes a software platform that allows users to easily mint NFTs from their Instagram, leveraging the blockchain and a web3 wallet. This tool has many applications for both creators and brands alike.
Metaverse Group will work to advance Coco’s technology offering and integrate the products with its virtual world B2B offerings. Additionally, Metaverse Group will leverage Coco’s strategic partnerships with the likes of Opensea and Rarible, and the online communities that Coco has built with over 45,000 followers across TikTok and Twitter.
As part of the acquisition, Coco’s co-founders will join Metaverse Group, Mark Allen as Chief Technology Officer and Brody Berson as Chief Product Officer. They bring a deep technology background leading and working on the development teams of companies such as Hootsuite and Zapier. They will be focused on building further tools and products for both NFT and virtual world applications.
"We are pleased to welcome the CocoNFT team to Metaverse Group. We see CocoNFT’s proprietary technology as being at the forefront of developing and expanding web3 and NFT use cases," said Andrew Kiguel, CEO of Tokens.com and Executive Chair of Metaverse Group. "Furthermore, the new platform and tools from Coco NFT will further improve Metaverse Group’s ability to provide brands and businesses with more creative and impactful ways to connect with their audiences."
Through this acquisition, Metaverse Group will be able to provide deeper and better technology solutions for its customer base. Metaverse Group will use the platform to engage with creators and brands and ultimately develop one on one marketing strategies. This acquisition will allow Metaverse Group to come to market with its own proprietary NFT and virtual world products. These products will provide tools to help accelerate growth in the industry.
"This provides us with the ability to continue to build applications for new web3 users," said Mark Allen Metaverse Group CTO, and CocoNFT Co-founder. "As part of Metaverse Group, we can reach more brands and influencers giving them the tools they need to engage with their customers and fans. I am excited to lead the technical team and build out new products within the metaverse."
Brands and businesses interested in developing a web3 business can contact mailto://info@metaversegroup.com.
About Tokens.com
Tokens.com Corp is a publicly traded technology company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
As a result of each of the three business segments owning digital assets, Tokens.com is required to revalue these assets at every reporting quarter. The Company's financial statements will have non-cash related gains or losses based on the market performance of the digital assets owned from quarter to quarter. These non-cash revaluations of owned digital assets do not impact the operations or growth within our business segments. The digital assets are owned for the purpose of generating revenue within each business segment. In some instances, the Company may choose to dispose of certain assets if they no longer meet our ownership criteria.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About CocoNFT
CocoNFT is a technology company with a portfolio of web3 products. Its NFT generator eliminates friction in NFT minting and ownership, enabling users with no web3 knowledge to turn their social posts into NFTs and list them for sale in under 3 minutes. Creators are given a new way to connect with their fans. Its B2B products help users understand and better connect with their customers through NFT and metaverse data and analytics.
For further information visit www.coconft.com.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may," "will," "plan," "expect," "anticipate," "estimate," "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230103005447/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Reports Financial Results for Fiscal Year 2022
TORONTO, December 30, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse, and play-to-earn gaming, is pleased to report its financial results for the nine months fiscal year ended September 30, 2022 ("FY2022"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.
2022 Operation Highlights:
Financials next week. Not expecting anything positive, any news in the last year has done nothing but lower the Stock price. Still wonder who is selling shares as the share price keeps hitting new lows. Crypto seems to have bottomed but SMURF has not.
NEWS -- Tokens.com to Release its Year End Audited Financial Statements on December 29th, 2022
TORONTO, December 22, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to share that it will release its year-end financial results for the nine months ended September 30, 2022 on December 29th.
An investor call hosted by CEO Andrew Kiguel has been scheduled to discuss the Company’s year end financial results starting at 10:00 am ET on December 30th, 2022.
Date: December 30th, 2022
Time: 10:00 a.m. ET
Dial-In: 866-455-3403
PIN: 17294915#
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward Looking Statement
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221222005103/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
May be a good buy closer to .02
Keep watching
NEWS -- Tokens.com Provides Update on Token Sales
TORONTO, December 08, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, provides an update on its digital asset inventory. In consideration of volatile crypto prices and the ongoing turmoil caused by the bankruptcy of FTX and BlockFi, Tokens.com has sold some of its tokens in inventory in favour of holding cash.
Specifically, Tokens.com has sold some of the staking rewards it has generated this year and divested of its smaller non-core holdings of Oasis Rose, ANKR, Mana and SHIB. Gross proceeds of these sales amount to approximately CAD$1.4 million. Consequently, the rebalancing to hold more cash on our balance sheet eliminates some of the volatility associated with current crypto prices. Tokens.com continues to focus on holding Layer 1 digital assets (primarily Ethereum and Polkadot) post the rebalancing.
The overall impact will be that Tokens.com will own a fewer number of Layer 2 assets and hold more cash. Tokens.com remains well capitalized with a strong cash balance and an inventory of blue chip tokens that enable it to withstand a prolonged crypto winter. Management's top priority is to ensure that Tokens.com remains a viable entity under all market conditions and reduces corporate overhead to meet market conditions. Our key subsidiaries, Metaverse Group and Hulk Labs, continue to show increased revenue and growth within their respective web3 categories.
"The events at FTX and BlockFi have had a negative impact on the crypto space, although the issues there were caused by human negligence, not because of crypto itself," said Andrew Kiguel, CEO of Tokens.com. "Despite this, we have made the decision to de-risk our balance sheet by selling some digital assets to boost our cash reserves. While this eliminates some potential upside from holding those tokens, we believe the company is better served by preparing for what could be a prolonged downward cycle for crypto and technology stocks."
Tokens.com is not an exchange. The Company does not engage in using derivative products or in lending out its tokens. The large majority of our assets are self-custodied. While Tokens.com does hold digital assets for the purpose of staking, its metaverse and gaming businesses are not linked to the price fluctuations within the cryptocurrency sector.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221208005141/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
$SMURF drops below 10 cents ... ALL time LOW ...
Put out some more NEWS , maybe that will help this disaster .
NEWS -- Tokens.com Announces Return of Metaverse Fashion Week
TORONTO, December 05, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to share the return of Decentraland’s Metaverse Fashion Week (MVFW) taking place from March 28th to 31st.
Tokens.com subsidiary, Metaverse Group, will once again host the luxury portion of the show in its Luxury Fashion District, where several brands will debut new digital collections inside the Fashion Arena on the catwalk. Returning will be internationally recognizable fashion houses and brands that will be announced in January. The event will be free to attend and easily accessible on desktop devices without the need for special hardware or headsets.
"The metaverse represents an obvious use case for digital fashion," said Andrew Kiguel, CEO of Tokens.com and Executive Chairman of Metaverse Group. "As the metaverse develops, users are valuing digital merchandise at the same or higher value than physical goods. We are pleased to see the return of Metaverse Fashion Week and the ongoing successful growth of Metaverse Group."
MVFW 2023 will showcase the latest advancements in metaversal interoperability and digital fashion design. In addition, developed in collaboration with the Metaverse Group, the event will include the first time physical and virtual participation of Miami Fashion Week, who will participate with a special activation. Metaverse Group expects to build and design the majority of buildings and events held on its digital land.
The inaugural Metaverse Fashion Week 2022 earlier this year, hosted over 108,000 people who were exploring the burgeoning world of wearables and digital fashion. Iconic luxury brands such as Dolce & Gabbana, Tommy Hilfiger, Selfridges, Guo Pei, Paco Rabane, and dozens of others graced the metaverse with their historic flair and technological visions of what digital fashion looks like, and what it means. Both legacy fashion houses and new digital fashion brands combined minted over 165K free wearables during this event.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221205005229/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Launches The UPS Store’s Metaverse Business Center in Partnership with Coffee Digital
TORONTO, December 01, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce that its subsidiary, Metaverse Group, has completed development of a metaverse experience and conference center for The UPS Store in partnership with Coffee Digital. The project includes a digital land lease and the creation of the first ever metaverse business center.
The UPS Store launched its first step into the metaverse by building a content destination to help promote its new campaign ‘Be Unstoppable.’ This installation was developed in the Decentraland metaverse platform by Coffee Digital and Metaverse Group. It includes a multi-level building, where small business owners and the next generation of entrepreneurs are able to visit and learn how to build a successful and sustainable business.
"Our collaboration with Lagardère Group’s Coffee Digital creative agency to build the first of its kind metaverse business center for The UPS Store solidifies our position as a leading provider of services that bring businesses to life in web3 environments," said Andrew Kiguel, CEO of Tokens.com. "We are proud to add The UPS Store to our client roster. Our ability to deliver innovative web3 strategies allows us to continue to work with North America's most impactful brands."
The business center features three stories where small business owners are able to visit and learn more about entrepreneurship and sustainable business practices. The Helping You Be Unstoppable Store features a hologram at the front entrance, an on-demand, curated news-feed, and a video player that streams best small business practices for success. All curated content about small business practices is provided by Inc. and Fast Company.
Brands and businesses who are interested in launching a metaverse presence are encouraged to contact mailto://info@metaversegroup.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and builds Web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About The UPS Store
With more than 5,100 locations across North America, The UPS Store network comprises the nation's largest franchise system of retail shipping, postal, print and business service centers. The UPS Store locations in the U.S. are independently owned and operated by licensed franchisees of The UPS Store, Inc., (although one or more may be company owned) a subsidiary of UPS (NYSE: UPS). Services, products, pricing and hours of operation may vary by location.
For additional information on The UPS Store, visit https://www.theupsstore.com.
About Coffee Digital
Coffee is a multi-discipline creative shop focused on reimagining how brands connect with people, while pushing the boundaries of possibility in the ever-evolving digital landscape. Equal parts creative thinkers, strategists and technologists, we take a multidisciplinary approach to bridge the digital and physical worlds, evolve the consumer experience and create the unexpected. We combine innovation and storytelling to deliver groundbreaking solutions that drive meaningful results.
For more information visit https://www.coffeeww.com.
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221201005215/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- AIR MILES Partners with Tokens.com and Metaverse Group to Become First Brand-agnostic Loyalty Program of the Metaverse
New strategic partnership model provides unique opportunity for Canada's original coalition loyalty program to expand its reach and create innovative new solutions for brands and consumers alike in a Web3 universe
TORONTO, November 22, 2022--(BUSINESS WIRE)--The AIR MILES® Reward Program is thrilled to announce that it has partnered with Tokens.com and Metaverse Group to become the first brand-agnostic loyalty program of the Metaverse. This new partnership model will open the doors for AIR MILES to create innovative new channels for partner brands to connect with consumers while extending the scale of the program in the digital world.
The AIR MILES currency is currently issued at more than 300 leading Canadian, global, and online brands and at thousands of retail and service locations across the country. This breadth and scale of its existing partnership models, coupled with the engagement of the millions of Canadians who carry the AIR MILES card in their wallet or have the app on their phone, puts the program in a unique position to leverage this new partnership to extend its reach and impact into the Metaverse.
"As an organization, we are exploring every opportunity to create meaningful connections between the brands we partner with and the customers who engage with AIR MILES every day, including expanding our partnership models in a more open and flexible world. This first-of-its-kind partnership model represents a unique opportunity for us to create exciting new channels for brands to connect with consumers, showcase new reward opportunities for collectors, and grow new communities in a Web3 universe," said Shawn Stewart, President, AIR MILES Reward Program. "Together with Tokens.com and Metaverse Group, we are excited and motivated to tap into the tremendous potential of the Metaverse and bring innovative new solutions to brands and customers everywhere."
"Tokens.com is one of the leaders in the Web3 ecosystem and we are proud to add Canada's leading loyalty rewards company, AIR MILES, to our client roster," said Andrew Kiguel, Co-Founder and CEO of Tokens.com. "Our ability to deliver disruptive Web3 strategies allows us to continue to work with North America's most impactful brands and to move the needle in Web3 adoption across sectors."
"Metaverse Group is excited to partner with such an innovative loyalty program as AIR MILES. There are so many unique opportunities to create value for both Metaverse Group clients and AIR MILES clients. Web3 has endless possibilities for brands to create new and interesting offerings using rewards such as AIR MILES," commented Lorne Sugarman, CEO, Metaverse Group.
Through this new partnership with Tokens.com and Metaverse Group, AIR MILES is now capable of enabling partners to issue Miles within the metaverse, providing an entirely new way for AIR MILES collectors to earn when engaging with brands. AIR MILES will be sharing more details on these new opportunities soon. In the interim, brands looking to be part of this exciting chapter in the AIR MILES story can contact us here.
To learn more about AIR MILES, visit https://airmiles.ca or download the AIR MILES app today.
Brands and businesses interested in developing a Web3 presence can contact mailto://info@metaversegroup.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds a vast metaverse real estate portfolio spanning over 10+ metaverses.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About the AIR MILES Reward Program
The AIR MILES Reward Program is Canada's most recognized loyalty program, with millions of active collector accounts. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global, and online brands and at thousands of retail and service locations across the country. This activity powers an unmatched data asset that, along with world-class analytics and marketing capabilities, enables clients to accelerate their marketing activities and ROI. The AIR MILES Reward Program gives collectors the flexibility and choice to use Reward Miles on aspirational rewards such as merchandise, travel, events, and attractions, or instantly on everyday essentials, in-store or online, through AIR MILES Cash at participating partner locations. For more information, visit https://www.airmiles.ca.
Forward-looking Statements
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221122005638/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Subsidiary Hosts Music Festival in its Music Hub District
TORONTO, November 15, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce that its subsidiary, Metaverse Group, hosted a metaverse music festival in Decentraland on its Music Hub property.
This past weekend, Metaverse Group launched its new Music Hub District by hosting its first music festival in conjunction with Decentraland’s Metaverse Music Festival. The Music Hub District streamed performances from 17 different artists across 3 different stages. The artists included an international group of performers including; Emidoina, Wave, Alondra Noctvrna, Two Phase U, Juli Obregron, Kasbeel, Xcelencia, Mateo Dufour, Kion, Hugo Noguchi, Laura Gonzalez, Chindogu, Natt Saves, Iris Saladino, The Perris, Loopthecurator, and Refrakt. This event was put together with Metaverse Group’s partners Beatblox and WaanaMusic.
"Metaverse Group continues to expand its web3 capabilities and to shape metaverse communities," said Andrew Kiguel CEO of Tokens.com and Executive Chair of Metaverse Group. "Entertainment is a key aspect of the metaverse, we were pleased to complete a successful event."
The event attracted over 5000 visitors over the course of the festival. The Music Hub District is home to multiple event spaces that are now available for a variety of entertainment uses including: a main event stage designed for musical performances, a podcast studio, Beatblox Nightclub and a VIP lounge which also features a stage. The property is strategically positioned bordering Decentraland’s Festival Land, driving traffic to the Company’s parcels. This event was designed and created in-house by the Metaverse Group team and is one of many events Metaverse Group intends to hold on this property.
Decentraland’s Metaverse Music Festival featured 15 uniquely designed stages that saw performances from over 180 musical artists from across a wide variety of genres, and new interactive experiences. The global lineup included performances from Björk, Ozzy Osbourne, Dillon Francis, and Soulja Boy to name a few. The events were all free to attend and did not require tickets or special headsets, anyone with a computer and internet access was welcome to join.
Artists, brands, and businesses interested in renting out or creating events in Music Hub District with Metaverse Group should contact mailto://info@metaversegroup.com for more information.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds a vast metaverse real estate portfolio spanning over 10+ metaverses.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221115005394/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
I guess anything is possible, I'm not even sure the buyback has started. If so it was very recent and minimal. This has been going on for the better part of the year. Even with the small recovery of Crypto(until this last week) their was no positive price action. This has gone down and stayed down. Hoping the CEO is able to pull it off. I mean the guy has been on CNBC and other impressive appearances elsewhere. Think it's going to be a long hold that I hope is worth the wait.
>>> Could the volume be "cross-trades" of them buying back some of the 4 million shares they mentioned in the PR ?
That wouldn't necessarily move the share price much .
Also , I wouldn't doubt that COIN.N has been shorted in Canada all this time .
I'll also inquire, if I may? Why is HUT Mining fairing better than this? HUT has 100 million more Outstanding Shares than Smurf, it's a mining Of Bitcoin company, Anyone know what the retail space is renting out for in the Metaverse? If I'm not mistaken I believe it was announced that it is 100% occupied. I sure hope next earnings shows something dramatic. I bought shares on the way down from $3.00 USD, quite a ways down and am still deep red. Hoping for the best for all that were buying on the way up.
I'm going to throw it out there again. Two Huge days in the Markets this week and Two Huge volume days for this stock but yet it goes nowhere. Someone is selling shares into the days when there is better than average volume. I think one million shares traded the other day and this moved a penny. Now who can afford too sell at these extremely low levels? Can anyone confirm if the outstanding share count has changed? This is starting to look like dead money. How's the Pay to Play going in AFRICA? I love when OTC stocks always anoounce news and it's always happening in other foreign countries. The stock is listed in Canada, America and Germany but is conducting business in AFRICA and Never Never Land.
NEWS -- Tokens.com Announces No Exposure to FTX, Alameda Research or FTT Token
TORONTO, November 11, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, today provides an update in light of recent market developments relating to FTX, a digital asset exchange that does not provide any services, or hold any cash or digital assets, for Tokens.com. The Company wishes to confirm that neither Tokens.com nor any of its subsidiaries have any exposure to FTX, its affiliate Alameda Research or its corresponding FTT token.
Tokens.com’s cash balances are held in both US dollars and Canadian Dollars with a nationally chartered banking institution in Canada. All of Tokens.com’s cryptocurrency are listed in a recent press release dated November 1st, 2022. There have been no significant changes to holdings since that date.
As a public company, Tokens.com operates with transparency, providing regular quarterly financial statements and disclosures, which can be found under the Company’s issuer profile on https://www.sedar.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through the sharing of resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221111005546/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
+1-647-578-7490
mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
mailto://contact@tokens.com
Media: Ali Clarke – Talk Shop Media
mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Provides Operational and Capital Update
TORONTO, November 01, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to share an update on its operational business segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through the sharing of resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
"Since the inception of Tokens.com in 2020, we have built three successful and growing business segments that are all revenue positive and self-sustaining," said Andrew Kiguel, CEO of Tokens.com. "The Company is well capitalized and provides investors with diversified exposure to web3 assets and businesses."
Staking Highlights
Tokens.com currently owns the following tokens used in its staking operations: Ethereum, Solana, Oasis, Polkadot, NFTX, Mana, Ankr and Shiba Inu. Staking is the environmentally friendly equivalent of crypto mining. Stakers use token ownership to validate blocks on the blockchain andare compensated in the form of additional tokens. The tokens owned by the Company are in liquid markets. and from time to time may be liquidated for corporate overhead or rebalancing purposes.
"Staking represents our original business line. The staking process enables our shareholders to earn revenue through the ownership of some of the largest and most liquid crypto assets in the world, which are linked to web3 applications," added Andrew Kiguel, CEO, Tokens.com.
Staking operations are wholly owned and operate within the parent company, Tokens.com. The Company’s token balance grows organically daily via the staking process which compensates the Company with payment in additional tokens. This occurs on a daily basis, all year round. A list of the key tokens owned by the Company is below. Tokens.com owns more aggregate tokens by volume than it ever has before in its history. However, Management notes, the values of these tokens have been and expect to remain volatile. The tokens are selected based on their utility in building web3 infrastructure and potential for appreciation over time.
Tokens.com marks-to-market the value of its tokens at the end of each reporting period. As a result, its quarterly and annual financial statements are subject to these non-cash impacts depending on if the value of the tokens has increased or decreased.
The current market value of the tokens held by the Company is approximately CAD$11.3 million, at current exchange rates and the listed market value of the tokens.
Metaverse Group Highlights
Tokens.com is the majority owner of Metaverse Group, with approximately 58% ownership. Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. It integrates web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that its clients can own ecomm3, engage new audiences, and be first movers.
Currently, Metaverse Group operates 850+ virtual land parcels across 12 metaverses. Of these parcels, it has the most occupancy in the Decentraland metaverse, which is one of the most active web3 metaverses that are currently live. Within Decentraland, Metaverse Group has 179 parcels occupied by tenants. The subsidiary is also in numerous discussions with other potential clients for additional services, such as the creation of NFT loyalty programs, virtual stores, NFT membership programs, and the planning of metaverse-based events.
Currently, Metaverse Group has approximately 85 clients and 8 employees. Metaverse Group continues to see growing demand for its services and has a pipeline of potential clients. Metaverse Group is also building its service offerings with new Augmented Reality and Virtual Reality capabilities. The team and scale of the business are growing at a fast pace.
"We have seen incredible traction with tier one clients at Metaverse Group who choose our team due to our ability to deliver category-leading experiences that leverage our land portfolio and technology," said Lorne Sugarman, CEO of Metaverse Group. "As we scale, we are developing new proprietary technology and leveraging the world’s best immersive digital solutions so that we can continue to be world leaders."
Tokens.com’s management believes that Metaverse Group’s valuation extends beyond its digital land assets, which were last valued in Tokens.com’s quarterly financial statements ending June 30, 2022, at approximately CAD$9.4 million, at current exchange rates. Metaverse Group has successfully leveraged its digital assets through a strong team dedicated to digital land developments, leasing capabilities, and revenue generation.
Hulk Labs Highlights
Tokens.com is the majority owner of Hulk Labs with approximately 94% ownership. Hulk Labs ("Hulk") is a web3 technology company focused on building tools and systems to generate income from Play-to-Earn (P2E) blockchain games. Hulk Labs builds calculators to evaluate the profit potential and longevity of P2E games. In addition, the company is building a global player network to play games on behalf of asset-holders and is building tools to securely delegate and track in-game NFTs.
Hulk has a team of 6 people overseeing its operations. Since its launch in early 2022, the Hulk team has grown to manage over 1,000 player wallets and has a waitlist of over 2,000 players, primarily in African markets including South Africa, Tanzania, and the Democratic Republic of Congo (DRC). The team has a target of surpassing 10,000 players in its network by the end of 2023. This growing player network is a key strategic advantage for Hulk Labs in generating revenue and is in high demand by P2E game developers seeking additional users and liquidity for their titles.
In addition, in 2023, Hulk Labs plans to begin beta testing proprietary software that will connect its player network to interested investors, similar to how companies such as Uber Technologies Inc. connect passengers to drivers. Hulk’s player network will significantly benefit from the proprietary software under development within Playte, Hulk’s acquisition completed July 2022.
Hulk’s players have spent the majority of their time on two P2E titles, Crabada and Thetan Arena. These titles have enabled our team to generate double digit (10%+) gross monthly returns on our asset base.
Hulk has currently deployed approximately CAD$540k across several P2E and NFT projects. Many of these investments are in projects such as CryptoPunks and NFTX which provide utility to the broader NFT ecosystem.
"The rapid development of the P2E industry and the revenue and traction Hulk Labs has been able to gain since our launch less than a year ago has us on track to win significant market share in the P2E space," commented Deven Soni, President of Hulk Labs.
In August 2022, Hulk Labs raised approximately CAD$680k of strategic capital at current exchange rates. That transaction was completed at a CAD$10.9 million pre-money valuation which equates to a post-money valuation for Hulk Labs of approximately CAD$11.6 million, at current exchange rates. Since August, the subsidiary has achieved many new milestones and is now revenue positive.
Domain Names
Tokens.com also owns several domain names it believes to have market value. This not only includes the Tokens.com domain, but also tokenstrading.com and tokensart.com. Metaverse Group owns metaversegroup.com. While the value of domain names is not easy to pinpoint and can vary in different sectors and markets, management feels these domains do have a market value, particularly in the crypto and metaverse sectors. Management has received inquiries regarding our desire to sell the Tokens.com domain name, with soft offers in the mid-seven figure range. At this time, Management feels retaining the domain name is its best use, however, reserves the option to reevaluate that decision under different circumstances.
Capitalization
As at the end of the last quarter, Tokens.com and its subsidiaries held CAD$7.8 million in cash, at current exchange rates. In addition, the Company is able to liquidate its digital assets used in the staking operations within a short period of time for additional capital if required. Management at Tokens.com does not believe the current market price for its common shares reflects the inherent value in the Company or the aggregate value of its businesses, digital assets, and cash. As such, on October 27th, Tokens.com announced the launch of a normal course issuer bid program to buy back its shares in the market for cancellation. Tokens.com has 96,926,757 shares issued and outstanding and a public float of 72,377,444.
Tokens.com does not foresee a requirement to raise capital in the near term given its three business segments are revenue positive, its low operating overhead, and its existing cash and token balances.
Our most recent quarterly financial statements, ending June 30th, 2022 and reviewed by the Company’s auditors, had total assets of approximately CAD$31.0 million including a cash balance of approximately CAD$7.8 million, at current exchange rates. This equates to CAD$0.32 per common share in asset values.
Tokens.com’s cash at the last reported quarter ending June 30th, 2022, and its current value of tokens is equal to approximately CAD$19.1 million, or CAD$0.20 per common share at current exchange rates. This value does not include the additional value of the businesses and digital assets contained within Hulk Labs and Metaverse Group described above.
Tokens.com expects to release its audited year-end financial statements for the nine months ended September 30th, in mid-December.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through the sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a web3 technology company focused on building tools and systems to generate income from Play-to-Earn (P2E) blockchain games. Hulk Labs builds calculators to evaluate the profit potential and longevity of P2E games. In addition, the company is building a global player network to play games on behalf of asset-holders and is building tools to securely delegate and track in-game NFTs. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that invests in web3 assets and businesses.
For further information please visit https://hulklabs.com.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds an eight-figure metaverse real estate portfolio spanning over 10+ metaverses.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
Forward-looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221101005831/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Normal Course Issuer Bid Program
TORONTO, October 27, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce the NEO Exchange ("NEO") has accepted its notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 3,000,000 of its common shares ("Shares"), or approximately 4.1 percent of the Company's public float, as at October 26, 2022.
Tokens.com’s Board of Directors believes that the market price of the Company's Shares, from time to time, may not reflect the inherent value of the Company and purchases of Shares pursuant to the NCIB may represent an appropriate and desirable use of funds.
"Our shares have been impacted by depressed crypto prices, and macro economic events and headlines, that are not linked to the performance of our businesses. Although our three business segments have positive revenue growth, this has not materialized into market recognition of the value within the Company," said Andrew Kiguel, CEO of Tokens.com. "Tokens.com remains viable, well capitalized, and committed to growing its web3 businesses. Management does not believe that our shares currently reflect the value of the Company."
Purchase of the Shares may commence on November 01, 2022 and will expire on the earlier of October 31, 2023 or the date on which the Company has either acquired the maximum number of Shares allowable or otherwise decides not to make any further repurchases. Purchases of Tokens.com’s Shares under the NCIB may be made through the facilities of the NEO and alternative trading systems by means of open market transactions or by such other means as may be permitted by the Canadian Securities Administrators (the "CSA") and under applicable securities laws, including by private agreement pursuant to issuer bid exemption orders issued by applicable securities regulatory authorities.
The price the Company will pay for any Shares will be the market price at the time of purchase or such other price as may be permitted by the CSA. Any private purchase made under an exemption order issued by a securities regulatory authority will generally be at a discount to the prevailing market price. In connection with the NCIB, Tokens.com will enter into an automatic purchase plan ("Plan") with its designated broker to allow for purchases of its Shares during internal blackout periods. Such purchases would be at the discretion of the broker based on parameters established by the Company prior to any blackout period or any period when it is in possession of material undisclosed information.
Outside of these periods, the Shares will be repurchased in accordance with management's discretion, subject to applicable law. The Plan may be terminated by Tokens.com or its broker in accordance with its terms or will terminate on the expiry of the NCIB. As of October 26, 2022, the Company has 96,926,757 Shares issued and outstanding and a public float of 72,377,444. Tokens.com will not acquire, through the facilities of the NEO and alternative trading systems, more than 56,146 Shares during a trading day (which is equal to 25% of 224,586 Shares, being the average daily trading volume on all exchanges for six calendar months prior to the date hereof), subject to certain exceptions for block purchases. The actual number of Shares that will be repurchased under the NCIB, and the timing of any such purchases, will be determined by Tokens.com on management's discretion, subject to applicable securities laws. There cannot be any assurances as to how many Shares, if any, will ultimately be acquired by the Company.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Forward-looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221027005618/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com subsidiary, Hulk Labs, Integrates over 1000 Players into its Player Network
TORONTO, October 26, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce its subsidiary, Hulk Labs, has successfully integrated over a thousand player wallets into its network, with a primary focus on Africa.
Hulk Labs has initially allocated over US$100,000 into gaming assets that have been deployed to players in Africa, in markets including Tanzania, South Africa, and via its exclusive contract with the Democratic Republic of Congo ("the DRC"). To date, gaming assets in its top titles (Crabada and Thetan Arena) are returning between 18% and 24% per month in revenue. Hulk Labs has over 3,000 players on the waitlist to join its network across Africa. It is expected that Hulk Labs will continue to add hundreds of players each month and deploy further capital, with a target of getting to 10,000 players by the end of 2023.
Hulk continues to leverage its in-house software tools to scale its ability to manage a growing number of assets and players. In addition, in 2023, Hulk Labs will begin beta testing proprietary software that will connect its player network to interested investors, similar to how Uber connects passengers to drivers.
"Hulk Labs which has grown exponentially since its launch earlier this year and has sights on becoming one of the largest gaming guilds in the world," said Andrew Kiguel, CEO of Tokens.com. "Our partnerships in Africa successfully created new income opportunities leveraging the blockchain. We will continue to forge the business ahead and will be well equipped for when the crypto markets turn."
Hulk Labs is focused on three primary objectives. The first is identifying the best income-generation opportunities across the P2E economy by evaluating hundreds of the top P2E games and creating calculators to evaluate the profit potential and expected longevity of the games. Hulk Labs publishes many of these calculators at hulklabs.com for no cost.
Second, Hulk Labs buys P2E gaming assets (NFTs) that identify with the most profit potential and delegates them to a network of players in its network, located primarily in Africa.
Finally, the Company continues to build tools to streamline the delegation (sharing) and tracking of its P2E assets to various players. Hulk Labs has built tools to securely create and monitor thousands of cryptocurrency wallets, administer assets to these wallets while still maintaining custody of its assets, track player performance during gameplay, and streamline the transfer of tokens required for gameplay. The team is focused on scaling its products to support a wide variety of blockchains and games.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a web3 technology company focused on building tools and systems to generate income from Play-to-Earn (P2E) blockchain games. Hulk Labs builds calculators to evaluate the profit potential and longevity of P2E games. In addition, the company is building a global player network to play games on behalf of asset-holders and is building tools to securely delegate and track in-game NFTs. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that invests in web3 assets and businesses.
For further information please visit https://hulklabs.com.
Forward-looking Statements
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221026005148/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Secures Partnership with Aftermath Islands
TORONTO, October 19, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce that its subsidiary, Metaverse Group, has signed a partnership agreement with Aftermath Islands Limited, a controlled subsidiary of Liquid Avatar Technologies (CSE: LQID / OTC: LQAVF / FRA: 4T51).
Aftermath Islands has granted Metaverse Group three islands in its Metaverse. The Aftermath Islands Metaverse is being built as an open-world, realistic graphics platform with islands that represent destinations in a global virtual game, with Pixel Streaming, no download and Proof of Humanity for its users. Metaverse Group can develop its islands with luxury establishments, marinas, concert venues, or other new exciting possibilities for brands and businesses. The establishment of this partnership is another step in bringing new brands and companies to life in web3. The companies will work together to find the best activations for the Unreal Engine 5 graphics being used in Aftermath Islands.
In addition to partnering with Aftermath Islands, Metaverse Group has partnered with Renovi to develop the metaverse’s first buildathon competition for architects, 3D designers and developers.
The competition, part of ‘Next Top Metaverse Build’, is encouraging university students, architects, and design professionals from around the world to create a variety of digital infrastructure, wearables and furniture intended for metaverse residential, retail, clubhouse and venue spaces. Entrants will need to work with Unreal Engine 5 to submit their builds - encouraging creators to develop designs that are similar to high-quality gaming for use in Aftermath Islands.
Competitors will have the opportunity to win a suite of prizes across various categories including $50,000 in land parcels, strong boxes (in-game tokens), gift cards, the ability to sell their creations as NFTs in collaboration with Aftermath Islands and more. The competition is open for entries until January 9, 2023 at 5pm GMT. Winners will be chosen by the judges including Metaverse Groups’ very own Hetal Petal, Aftermath Islands’ technology specialist Rob Cole and managing director David Lucatch; Renovi co-founder Adonis Zachariades; and president of VRchitect, Cherie Bowker.
"As leaders in metaverse development, it is crucial for us to be attracting talent from across the world to add innovation and spark to these new worlds," commented Lorne Sugarman, CEO of Metaverse Group. "By supporting buildathon competitions not only are we helping advance web3 infrastructure and development, but we are also introducing new design possibilities to our clients with the most creative and advanced creations seen in the space."
"We are excited to partner with Metaverse Group to further develop the Aftermath Islands community," said David Lucatch, CEO of Liquid Avatar Technologies & Managing Director of Aftermath Islands Metaverse. "We have seen Metaverse Group launch multiple reputable brands into metaverses, and we are looking forward to showcasing new builds via the Buildathon in our metaverse to help attract new business."
The first Next Top Metaverse Buildathon took place earlier this year and saw 250 creators submit more than 160 entries, with $200,000 in prizes distributed to date.
"This Buildathon is aimed at showcasing the Aftermath Islands metaverse and seeing what creators can build for it," said Adonis Zachariades, Co-founder at Renovi. "We’re looking forward to seeing how innovative designers create their 3D buildings, wearables or even furniture this time. This is the ideal opportunity to put their talents to the test. Winning designs will be shared by Aftermath Islands and Renovi before we drop the creations in our special buildathon collection on Aftermath Islands Marketplace."
For more information and contest rules please visit https://www.Topmetaversebuild.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds an eight-figure metaverse real estate portfolio spanning over 10+ metaverses.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About Aftermath Islands
Aftermath Islands is a blockchain-based virtual reality interactive platform, consisting of theme-based islands, communities, and estates. Users can buy, develop, and trade virtual land, property and items as NFTs.
For more information visit https://aftermathislands.com
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221019005230/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Fiscal Year-End Change
TORONTO, October 18, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, today announces that it is changing its fiscal year-end from December 31 to September 30.
The Company is changing its year-end to better facilitate the audit process given the significant demand it has observed in recent years for audit services for companies that have a year-end of December 31. As a result, the Company expects to file its audited nine-month fiscal year ended September 30, 2022 financial statements in mid-December 2022.
For more details regarding the length and ending dates of the financial periods, including the comparative periods of the interim and annual financial statements to be filed for the Company’s transition year and its new financial year, reference is made to the Notice of Change in Year-End required under Section 4.8 of National Instrument 51-102 that has been filed under the Company’s profile at https://www.sedar.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221018005253/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
Hello Ello low low low. Is anybody here, ereere ere..Andrew Andrew drew drew. What's up up up.
Who is it that can be selling day after day, week after week at these levels. What a disappointment this has turned out to be. Everything seems to have been based on Fantasy coins and Peter Pan land.
NEWS -- Tokens.com Announces Full Occupancy of its Digital Real Estate in Decentraland’s Downtown and Fashion District
TORONTO, October 11, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to announce that its subsidiary, Metaverse Group, has fully leased its digital real estate in two popular Decentraland neighborhoods. The land is occupied by a diverse collection of esteemed brands and businesses, including Forever 21, Skechers, and McCann Global.
Metaverse Group is a web3 technology company holding an eight-figure metaverse real estate portfolio spanning over 10+ metaverses. The company leases its land to brands and businesses who are looking to enter web3, pairing the offering with strategic consultation and technology.
Metaverse Group has leased out a total of 208 virtual real estate, equivalent to over 560,000 square feet of flat land, across its Fashion Street Estate and Downtown Decentraland properties. In addition to leasing the Company’s virtual land, the majority of tenants also used Metaverse Group for design and development services.
Metaverse Group’s client portfolio includes over 60 notable fashion brands such as Skechers, the third largest athletic footwear brand in the United States; Forever 21, a multinational fashion leader; and Space Runners who design and launch digital wearable NFTs for metaverses in collaboration with celebrities and brands, Miami Fashion Week which is the world's first fashion week to simultaneous launch a digital and physical fashion week. Clients also include media companies such as Deutsch LA, BSC News, McCann Global, and Coffee WW. Clients also include service providers such as Sophia Technologies, an online education platform; Schneider Electric; an industrial automation company and Groundbreak Ventures LP; a venture capital firm specializing in real estate and property technology.
"The full occupancy of this portion of our portfolio solidifies our position as early supporters, adopters and developers of the web3 community," said Lorne Sugarman, CEO of Metaverse Group. "It is our job to provide the best experience for our clients when we launch them into this new world, as this supports the growth of web3. We have been working hard developing these areas and cannot wait to share more advancements in the near future."
Metaverse Group provides an assortment of white glove services to launch clients into the metaverse and the world of web3 from the beginning of project consulting to project completion. Brands and businesses who are interested in launching a metaverse presence are encouraged to contact mailto://info@metaversegroup.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services, so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds an eight-figure metaverse real estate portfolio spanning over 10+ metaverses.
Our ownership over 750 parcels of virtual land and relationships with different metaverses and industry players allow us to deliver category leading solutions that have been recognized by CNBC, Forbes, the Economist and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221011005105/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
Seems to be no support or bottom here
NEWS -- Tokens.com to Speak at the W3BX Investor Summit
TORONTO, October 03, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, is pleased to share that the company will be attending this year’s W3BX Investor Summit and Expo, which will be taking place at the Wynn Las Vegas from October 10th to 13th. Tokens.com’s CEO, Andrew Kiguel, will deliver a keynote address at the event. He will be speaking alongside other visionary CEOs, prominent futurists and industry experts from Mastercard, O’leary Ventures, Amazon Web Services, and Kraken.
This year’s W3BX Investor Summit will host a collection of keynotes, panels, and fireside chats focusing on investing in web3. The conference takes place over four days and will be hosting guests ranging from Fortune 500 companies to venture capitalists, retail and institutional investors, hedge funds, family offices, and Blue-Chip NFT Collectors. The event will feature senior executives from over 100 private and public companies all within the growing web3 sector.
Senior management from Tokens.com, and its subsidiaries Metaverse Group and Hulk Labs will be in attendance and will be participating in a panel discussion. In addition, Tokens.com will have a booth on the Expo floor where attendees will have the opportunity to learn more about the Company directly from its leaders. Those interested in learning more are encouraged to connect with the team at the Tokens.com expo booth number 218 or reach out via email to mailto://Contact@tokens.com.
"As a keynote at this year’s W3BX Investor Summit and Expo, I’ll be connecting with new and prospective Tokens.com shareholders," said Andrew Kiguel, Tokens.com CEO. "This is a best-in-class event and we are looking forward to educating a new audience on the breadth of web3 businesses that we give investors exposure to through Tokens.com and our subsidiaries, Hulk Labs and Metaverse Group."
For more information on the W3BX investor summit and expo please visit https://web3expo.live/.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and builds Web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221003005081/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
Hoping to see a turnaround soon.
NEWS -- Tokens.com Shares Positive Outlook on Ethereum Merge
TORONTO, September 14, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, shares its positive outlook on the upcoming Ethereum Merge and the impact to its staking business segment.
Ethereum, the most widely used blockchain for NFTs and Web3 metaverses, will be making a significant processing upgrade on or about September 15th. The upgrade, called the ‘Merge’, marks the transition from a proof-of-work mechanism, performed by crypto miners, to a proof-of-stake mechanism, performed by crypto stakers.
The upgrade will require 99.9% less energy consumption to validate transactions than the previous mining process. As a result, the Ethereum blockchain will no longer require miners, who will be fully replaced by stakers, like Tokens.com. The upgrade will also allow Ethereum to achieve greater scale, with faster transaction speeds and lower transaction fees. Ethereum’s native token, ETH, is the second largest cryptocurrency after Bitcoin with a market capitalization of approximately $200 billion.
Tokens.com has been staking ETH at scale since early 2021 and owns over 3,100 ETH. Tokens.com anticipates no impact to its operations through the completion of the Merge other than increased revenues. Subsequent to the Merge, it is expected that the compensation for staking ETH will increase from current levels.
"We have been early adopters of the shift to staking and are one of the first public companies to own and stake ETH at scale," said Andrew Kiguel, CEO of Tokens.com. "Long-term mass adoption of Web3 and crypto requires a move to environmentally friendly processes. As a result, we have continued staking Ethereum, Solana, Polkadot and other layer one blockchains used in the creation of NFTs, metaverses and play-to-earn video games."
Tokens.com is committed to only investing in tokens compatible with a staking platform due to its increased energy efficiency and environmental friendliness. In addition to its ETH token ownership, Tokens.com owns Polkadot and Solana used for its staking business, amongst other tokens.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and builds Web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.
Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220914005179/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com CEO to Speak at Elevate Festival
TORONTO, September 12, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the metaverse and NFTs, today announces that its CEO, Andrew Kiguel, will be speaking at Elevate Festival 2022, the largest festival in Canada at the intersection of arts and technology. He will be speaking alongside industry leaders and innovators, including Serena Williams, Michele Romanow, Chris Hadfield and John Ruffalo.
Founded in 2017, Elevate Festival is the largest festival of its kind in Canada with a speaker roster of global innovators including Michelle Obama, Mark Cuban and Whitney Wolf Herd. This year’s festival is taking place in Toronto from September 20th - 22nd, 2022.
As a leader in the global Web3 blockchain ecosystem, Token.com’s CEO, Andrew Kiguel, has been asked to speak at Elevate. He will be sharing a presentation on the evolution of blockchain technology, from bitcoin to Web3. The talk will educate the audience on the basics of blockchain and introduce them to Tokens.com. Andrew will be speaking at the Design Exchange Building on September 21st, 2022 at 12:20pm.
"I’m honoured to have been asked to speak at this year’s Elevate Festival," said Tokens.com CEO, Andrew Kiguel. "The event will introduce Tokens.com to a new audience of potential investors, and help Canadians better understand blockchain and Web3."
For more information on the Elevate Festival please visit https://elevatefestival.ca/.
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that owns and invests in an inventory of metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005161/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
+1-647-578-7490
mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
mailto://contact@tokens.com
Media: Ali Clarke – Talk Shop Media
mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Reports Operating and Financial Results for Q2 2022
TORONTO, August 16, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and incubates businesses linked to the Metaverse and NFTs, is pleased to announce its operating and financial results for the three and six months ended June 30, 2022 ("Q2 2022").
All dollar figures are in United States dollars ("USD"), unless otherwise stated.
Q2 2022 Highlights:
NEWS -- Tokens.com to Release Q2 2022 Results on August 15th, 2022
TORONTO, August 08, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that it will announce its financial results for the three and six months ended June 30, 2022 ("Q2 2022") on August 15th.
An investor call hosted by CEO Andrew Kiguel has been scheduled to discuss the Company’s Q2 2022 financial results starting at 10:00 am ET on Tuesday, August 16th, 2022.
Date: August 16th, 2022
Time: 10:00 a.m. ET
Dial-In: 866-455-3403
PIN: 83349366#
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that owns and invests in an inventory of Metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220808005092/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Completion of Strategic Investment Round at Hulk Labs
TORONTO, Ontario, July 19, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Hulk Labs, has completed a strategic financing round led by DV Investment Management.
Hulk Labs is a Tokens.com subsidiary focused on developing the emerging play-to earn Web3 gaming sector. This funding is the first time Hulk Labs has raised capital outside of Tokens.com. Tokens.com is participating in the financing round as the largest investor and will continue to own over 90% of Hulk Labs. The financing capital will be used to invest in yield-generating play-to-earn assets and to build out its existing gaming teams.
"Tokens.com is consciously working on building its businesses, and investing in the newest and most exciting areas of web3," commented Andrew Kiguel, CEO of Tokens.com. "Despite short term market turmoil, we are committed to using our capital to build high-growth Web3 businesses linked to long term macro opportunities such as play-to-earn gaming."
"We are excited to partner with DV Investment Management as we continue to grow Hulk Labs' play to earn business," said Deven Soni, President of Hulk Labs. "Despite the current market volatility, we continue to be incredibly bullish on the play-to-earn sector and continue to invest and build actively."
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a Tokens.com subsidiary company that invests in the NFT ecosystem with a focus on play-to-earn games. The company acquires gaming tokens and NFTs and monetizes them through staking and gaming guilds.
For further information please visit https://www.hulklabs.com/.
About DV Group
DV Investment Management is an affiliate of the DV Group of financial services companies. Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services companies has grown to more than 350 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV Group affiliates include two broker-dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
For further information, please visit: https://www.dvtrading.co/.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220719005296/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Acquisition of Playte Group
TORONTO, July 14, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that it has acquired Playte Group, a company that builds tools to power the play-to-earn (P2E) economy.
Playte will be integrated into Tokens.com subsidiary, Hulk Labs, where Playte’s platform will be used to manage its player network in Africa. In consideration of the acquisition, Tokens.com will issue 1 million shares. The Playte team is eligible for additional shares based on meeting various performance-based milestones.
"Hulk Labs is tying together the key pieces to create an integrated play-to-earn gaming platform," commented Andrew Kiguel, CEO of Tokens.com. "The massive video game market is shifting to play-to-earn games. Hulk is establishing itself as a technology leader in player management and in analyzing gaming profitability. Hulk labs currently provides the top gaming calculators for free on its website for players to view. The Playte acquisition is a perfect fit with our exclusive access to video game players in the DRC recently announced."
Playte is a pre-revenue entity domiciled in Ontario with 5 employees. Playte’s mission is to build a platform to automate the management of P2E assets and players in the blockchain play-to-earn ecosystem. In addition, Playte is building tools to manage players and assets for games on networks including Ethereum, Solana, and Avalanche. Playte is actively focused on building tools for games including Axie Infinity, Crabada, and Thetan Arena. In addition, the Playte team is in the process of building an on-the-ground network of 1,000+ players in Africa.
"We expect an explosion of interest in the play-to-earn economy from investors and gamers," said Deven Soni, COO of Tokens.com. "We are excited to work with the team from Playte to help build tools and infrastructure to grow this ecosystem."
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a Tokens.com subsidiary company that invests in the NFT ecosystem with a focus on play-to-earn games. The company acquires gaming tokens and NFTs and monetizes them through staking and gaming guilds.
For further information please visit https://www.hulklabs.com/.
About Playte
Playte Group is a Ontario-based play-to-earn blockchain technology business that is building a set of software and tools to onboard, manage, and track players and assets in the play-to-earn economy.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220714005321/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Appointment of New Chief Financial Officer
TORONTO, July 13, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, announces the appointment of Martin Bui as Chief Financial Officer effective August 1st, 2022.
Martin joins Tokens following his role at Hut 8 Mining Corp since 2019, where he led the financial reporting function, combined with both corporate and operational finance efforts. Martin brings experience in the tech and cryptocurrency space and the underlying Canadian and U.S. capital markets and compliance regimes.
"We are excited to welcome Martin to the Tokens.com team," said Andrew Kiguel, CEO. "Martin’s experience in the digital space is a valuable addition to our finance team."
"I am very excited to join the management team at Tokens.com, one of the leaders in the Metaverse and Web3 space," said Martin Bui. "I look forward to bringing my industry experience to the Company to build further value for our shareholders."
Ian Fodie will remain as a financial consultant and Corporate Secretary to the Company to ensure a smooth transition to Martin and to provide ongoing support.
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that owns and invests in an inventory of Metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220713005800/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Fireblocks as New Custodial Partner
TORONTO, June 30, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that it has migrated the majority of its liquid staking assets to Fireblocks. The decision was made to take advantage of the strong internal administrative and reporting protocols available at Fireblocks, in addition to enhanced security features.
Fireblocks is a technology and security provider for institutional blockchain clients. Fireblocks has raised over $1 billion dollars from investors including Sequoia Capital and BNY Mellon and has 1,300 institutional clients. Alongside its security evaluations and improvements, Fireblocks also complies with rigorous international standards and completed a Service Organization Control (SOC) 2 Type II examination.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a Tokens.com subsidiary company that invests in the NFT ecosystem with a focus on play-to-earn games. The company acquires gaming tokens and NFTs and monetizes them through staking and gaming guilds.
For further information please visit https://www.hulklabs.com/.
About Fireblocks
Fireblocks streamlines operations by bringing all your exchanges, OTCs, counterparties, hot wallets, and custodians into one platform. Wallets, deposit addresses, and API credentials are secured using patent-pending chip isolation technology and the newest breakthrough in cryptography (MPC).
For further information please visit https://www.fireblocks.com/.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005100/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Results of 2022 Annual Meeting
TORONTO, June 29, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to announce that all resolutions considered by the shareholders of Tokens.com Corp. at the Annual General and Special Meeting of Shareholders (the "Meeting") held virtually by teleconference on June 28, 2022 were passed.
Voting as to each of the director nominees were as follows:
Please see the report of voting results filed under Tokens.com Corp’s profile at https://www.sedar.com for the detailed results of all matters voted upon by shareholders at the Meeting.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFI, and gamin based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005789/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Exclusive Play-to-Earn Gaming Partnership with the Democratic Republic of Congo
TORONTO, June 20, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Hulk Labs, has entered into a play-to-earn partnership with the Democratic Republic of Congo (DRC).
Tokens.com and Hulk Labs plan to work with several local entities and universities within the DRC to identify and train a group of players to participate in the play-to-earn gaming economy.
In addition, Tokens.com will deploy play-to-earn assets to this network of players in the DRC to allow them to play top play-to-earn games using assets owned by Tokens.com and Hulk Labs. These assets will always stay in the custody of the Tokens.com team (via the Company’s proprietary technology platform) and will be permissioned to local DRC players that will be paid a commission for playing assets designated to them.
The DRC government will support this effort by providing drop-in facilities with high quality internet availability and by providing other local resources to support Hulk Labs and the player ecosystem.
In addition, the DRC has announced that Tokens.com, via its agreed upon terms, will be its exclusive play-to-earn partner for the next 36 months.
Both Tokens.com and the DRC will aim to grow this initiative to thousands of players across 5-10 games over the next 12 months and beyond.
The Democratic Republic of Congo is the second largest country in Africa (by area), has a population of over 92 million people and is one of the fastest growing countries in the world.
Tokens.com is excited to continue to expand this relationship with an aim to build one of the largest global play-to-earn ecosystems in the world.
"We believe play-to-earn gaming is one of the first truly global applications of cryptocurrency – and has the potential to onboard the next billion users onto the blockchain. We are excited to work with the Democratic Republic of Congo to train a team of players to participate in this new and exciting economy" commented Deven Soni, President of Hulk Labs and COO of Tokens.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a Tokens.com subsidiary company that invests in the NFT ecosystem with a focus on play-to-earn games. The company acquires gaming tokens and NFTs and monetizes them through staking and gaming guilds.
For further information please visit https://www.hulklabs.com/.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220620005055/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Partners with Virtual Reality Pioneer, Emperia, to Offer Virtual Storefronts to Fashion Brands
TORONTO, June 07, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has entered a partnership agreement with virtual reality company, Emperia, to collaborate on creating virtual reality experiences in virtual storefronts for fashion brands in the Metaverse.
The partnership aims to build one-of-a-kind virtual reality experiences in virtual storefronts that communicate the brand narrative through interactive, immersive virtual experiences. The goal is to provide fashion and art retailers with a frictionless, guided process for establishing a retail store in the Metaverse. The collaboration will leverage Metaverse Group’s diverse portfolio of virtual real estate across several Metaverses. Emperia will offer its virtual reality technology, to develop virtual stores that communicate a brand narrative and provide an immersive experience, extending retailers’ physical presence and brand-value into the Metaverse.
"The analysis from Metaverse Fashion Week, showed our tenant's store hosting users for an average of 27 minutes truly connecting store guests to the brand," said Lorne Sugarman, CEO of Metaverse Group. "Partnering with Emperia and offering a new virtual reality immersive experiences will allow for brands to connect with current and new customers on a new level. This partnership is a step in the right direction to advance our service offerings in the Metaverse and continue to be a one-stop-shop for all things Metaverse."
Emperia has built out virtual reality stores for various luxury brands both in and out of the fashion industry. This partnership comes at the heels of Emperia launching a new, first-of-its-kind SaaS solution, that provides fashion brands and retailers full creative control over product placement and space decor, in their virtual stores.
"Emperia is a strong believer that the Metaverse will transform the retail industry as we know it by providing an interactive and engaging experience for consumers, creating a stronger relationship between the brand and their customers," says Olga Dogadkina, co-founder and Chief Executive Officer at Emperia. "We view the new partnership with Metaverse Group as an exciting opportunity for both companies to extend the limits of the Metaverse, given the impressive size of their virtual real-estate portfolio, one that offers retailers choices and the ability to diversify their virtual presence. Moreover the substantial data we’ve acquired through our virtual stores brings a development expertise which will benefit this partnership and advance retailers in their new journey to the Metaverse."
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that owns and invests in an inventory of Metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About Emperia
Emperia leverages virtual reality technology for the premium fashion and art sectors, providing a realistic virtual experience to consumers, one that communicates a brand narrative that is tailored for the unique environment of the virtual world. Virtual stores can be extended into the metaverse, further providing brands and their customers with branding cohesion and a seamless transition, from physical to virtual. Emperia’s selected clients include leading brands such as Dior, Burberry, Christie’s, Getty Images and others.
London-based, Emperia is the winner of the Plug and Play Brand & Retail Start-up Award and is a British Fashion Council Patron.
For more information, visit https://emperiavr.com.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220607005344/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com to Host Miami Fashion Week in the Metaverse
TORONTO, June 01, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, is partnering with Miami Fashion Week to host Fashion Week events in the Metaverse on its renown Fashion Street Estate.
"Our Fashion Estate has become a pillar in the virtual fashion community and a popular virtual destination to host Metaverse fashion events," said Andrew Kiguel, CEO of Tokens.com and Metaverse Group Executive Chair. "We are bridging virtual and physical events to give people access to exclusive events. Metaverse Group continues to solidify its position as a trusted one-stop shop for all things Metaverse and continues to develop the space and expertly guide new clients into this new internet era."
Miami Fashion Week is set to take place in the physical world from May 31st to June 5th, with a digital L’Atelier to launch in Decentraland’s Luxury Fashion District, owned and developed by Metaverse Group. The virtual grand opening will take place from June 3rd to June 5th with a ribbon-cutting ceremony opening the L’Atelier for guests. Miami Fashion Week will be the second event hosted on the Fashion Estate this year, with more events planned for the remainder of the year.
"We are excited to add the L’Atelier to the Luxury Fashion District in Decentraland," added Lorne Sugarman, CEO of Metaverse Group "We are continuing to work with the luxury brands currently inhabiting the Fashion District along with new brands looking to join the Metaverse community."
Miami Fashion Week’s Metaverse event will offer an immersive experience featuring fashion shows, catwalks, avatar models, and give attendees direct links to purchase virtual goods via marketplace for quick and seamless transactions. The runway showcases DRESSX in partnership with MTA Kollectiff. Additionally, inside of the L’Atelier, a reveal will take place where participants can register for a whitelisting spot for 'The Key' NFT later this year. The Key is Miami Fashion Week’s membership which unlocks a host of benefits in both the physical and digital world. Guests will also find Barbara Hulanicki’s fashion illustration NFTs displayed on the walls of the L’Atelier and available for purchase. To wrap up the event, a sustainability panel with DRESSX will be live streamed from the physical Miami Fashion Week location on the L’Atelier rooftop, encouraging both physical and virtual attendance on Sunday June 5th.
"Miami Fashion Week is the first global fashion week to bridge the physical-first fashion industry to digital-first Web3 designers and brands together through several Metaverse Group powered Metaverse experiences and activations congruent with the week's events," said Megan Kaspar of Red DAO and Miami Fashion Week advisor. "There is no better city than Miami to lead the digital-first fashion industry revolution. Major Suarez and his team have made impactful strides to cultivate Miami as the most technologically innovative city in the world. Miami Fashion Week contributes to the mayor’s initiative while paving the way to environmentally and socially sustainable practices for the fashion industry as a whole."
Metaverse Group holds a diverse 8-figure portfolio spanning over 10 Metaverses. Metaverse Group offers a range of services and can deliver a wide variety of offerings including hosting and designing shows and events, NFT creation and sales events, design, and architecture services, and advising. Brands and businesses interested in working with Metaverse Group should contact mailto://Info@metaversegroup.com.
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that owns and invests in an inventory of Metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Metaverse Group
The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight-figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About Miami Fashion Week
Miami Fashion Week takes place in Miami, a city that has evolved into the main bridge between the US and Latin America. This event goes beyond the runway generating a mix between fashion, beauty, music, art, charity, latest trends, gastronomy, luxury, and lifestyle.
For further information please visit https://www.miamifashionweek.com/.
About Megan Kaspar
Ms. Kaspar is a founding member of Red DAO, the world's first digital fashion focused DAO investing and participating in the vastly emerging blockchain based fashion trends. In January of this year, Ms. Kaspar was the first person to be on an editorial cover featured in a digital wardrobe by Fendi.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs, and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks, and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220601005313/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
NEWS -- Tokens.com Announces Key New Hires and Acquires New Crypto Gaming Assets
TORONTO, May 30, 2022--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or "the Company"), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Hulk Labs, has made several strategic hires and also acquired new gaming assets.
Hulk Labs has added James Hewitt, a P2E gaming expert and Alice Huang, Head of Operations, to the team.
Hulk Labs brought onboard a P2E gaming expert, James Hewitt, who has been conducting deep analysis and building in-depth calculators for the most interesting play-to-earn games for the past year. These tools will be used to advise game developers to improve their own economic models, and by investors (including Hulk Labs itself) to assess which games and strategies can provide the highest earnings potential. Hulk is in the process of integrating these calculators onto its own site at https://hulklabs.com - and will be available to the public in June 2022.
Alice Huang also joined Hulk Labs and Tokens.com as the Head of Operations. Alice is responsible for several initiatives at Hulk including scaling up the base of assets and managing relationships with new and existing games in the Hulk network. Alice has over 15 years of experience in operations, marketing and strategic partnership. Alice is also a published author in Web3.
Hulk Labs has also acquired play-to-earn crypto gaming assets in Crabada.
Crabada is an engaging play-to-earn (P2E) game where players can mine, loot, breed and battle. According to CoinGecko on April 26, 2022, "Crabada had more than 12,000 active wallets, making it the 24th most popular crypto game."
Crabada continues to gain traction with investors and players, with the game’s social media following on a steady uptrend - and a growing reputation as a fun game to play. Being able to make real money feels like a bonus to many players.
Crabada is also the most popular game built on the Avalanche blockchain, generating 64% of transactions on Avalanche at its peak.
Hulk Labs identifies and invests in games at pre-launch. We also provide guidance in tokenomics, marketing and gameplay for early stage P2E games to ensure the success of these projects.
"The Hulk Labs division was created to find exciting, new, and emerging projects with potential for outsized growth in the play-to-earn space. Despite the outback in the crypto market, we believe play-to-earn gaming is the future of online gaming and we want to be positioned to capitalize by attracting the best talent in the industry to our business," commented Andrew Kiguel, CEO of Tokens.com.
About Tokens.com
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
About Hulk Labs
Hulk Labs is a Tokens.com subsidiary company that invests in the NFT ecosystem with a focus on play-to-earn games. The company acquires gaming tokens and NFTs and monetizes them through staking and gaming guilds.
For further information please visit https://www.hulklabs.com/.
Crabada
Crabada is a fun and exciting P2E NFT game where hermit crabs battle, mine, loot, breed and more. With a strong user base and demand for the game, Crabada has launched its own subnet in April - the Swimmer Network.
For further information please visit https://www.crabada.com/.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220530005052/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com
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