InvestorsHub Logo
Followers 972
Posts 383062
Boards Moderated 5
Alias Born 06/24/2011

Re: None

Friday, 05/14/2021 8:50:21 AM

Friday, May 14, 2021 8:50:21 AM

Post# of 177154
$BBIG The Company Announces Two Million Dollar Pre-Sale of the First of Three Exclusive Emmersive-NFTs (E-NFTs)
Bethlehem, PA, May 11, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions who leverage new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow. today announced its subsidiary, EVNT Platform, LLC (d/b/a Emmersive Entertainment), has pre-sold the first of three exclusive Emmersive NFTs (E-NFTs) released as a package investment to a private third-party investor.

The deal structure includes an initial payment of Two Million Dollars ($2,000,000) for the three-celebrity set. The unique digital assets are expected to generate additional monies through revenue sharing based upon their individual sale prices determined in an upcoming digital art auction at one of the world’s preeminent auction houses.

“We are thrilled to have executed our first pre-sales in the space,” said Emmersive Co-Founder, David J. Kovacs. “We will re-define digital art and entertainment through our Augmented Reality Experience and look to continue to push the limits on technology. We are confident this is only the beginning as our company becomes an industry leader within the NFT universe,” added Kovacs.

Erik Hicks, Co-Founder of Emmersive Entertainment said, “This is the first step in the combination of entertainment, technology and finance for our organization. We are creating a unique experience that will revolutionize the entertainment industry while creating immeasurable value to the collector.”

Emmersive Entertainment has filmed the first artist in the three-piece collection with plans to complete it in its entirety within the next 45-60 days.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.