Wednesday, May 05, 2021 2:00:07 AM
Press Release_https://www.otcmarkets.com/stock/PSRU/news/Valiant-Eagle-Inc-OTCPSRU-Signs-On-With-Non-Fungible-Token-Auction-Sites?id=295412
Valiant Eagle Inc. is pleased to announce that, in the spirit of capitalizing on investor enthusiasm for non-fungible tokens, it is thrilled to sign on with two NFT auction sites in order to manage the sales of our NFT portfolio. We will initially focus on NFTs related to the ABA Canada and our two US teams, Beverly Hills Majestics and Hollywood Action. We further feel the viability of capitalizing on NFTs with our current and previous media projects with sister company, Providence Film Group, would be extremely lucrative.
In the recent weeks the NFT craze has been explosive. With Elon Musk, Jack Dorsey, Jim Carey, Ja Rule, and other celebrities cashing in on in this, we believe there will be strong demand for our basketball, film and television, related NFTs.
Ja Rules NFT Venture, KickFlip, sold a poster from the infamous Frye festival for $122,000 link . Twitter CEO, Jack Dorsey, sold his initial tweet as an NFT for $2.9 million link
Simply put, a non fungible token is anything in a digital form; say an image, a video or a song, with a unique signature that is accounted for by Blockchain technology usually by the cryptocurrency Ethereum. That means a digital picture of a cat or a rat or a hat can be bought or sold with completely verifiable ownership through computer code. Of course there can be copies of this NFT, just like there are copies of a painting, but there is only one original and the NFT, the token, is its statement of authenticity or provenance. The "non fungible" part refers to the item being singular, as opposed to currency, where say one bitcoin or a $100 bill is the same as any other.
Valiant Eagle Inc.s CEO, Xavier Mitchell, states, This opportunity is too good to ignore. We believe our vast and diverse library of content and holdings will create strong demand in and amongst NFT investors.
Updates will be forthcoming

