VANCOUVER, British Columbia–(BUSINESS WIRE)–August 5, 2022–
NFT Technologies Inc. (NEO: NFT) (the “Company” or “NFT Tech”)a leading technology company integrating decentralized ownership, NFTs and the metaverse for public markets, today announced that its projects will be compatible with Meta Inc’s NFT functionality, announced on August 4, 2022 by the CEO of Meta, Mark Zuckerberg, and the director of Instagram. Adam Mosseri.
Meta Inc. is a global leader in user acquisition. During the second quarter of 2022, Meta said 3.65 billion people used at least one of the company’s main products, such as Facebook, WhatsApp, Instagram or Messenger each month. Since May 2022, the company has been testing digital collectibles on Instagram and starting August 4, it has expanded the ability for people, creators, businesses and collectors to share digital collectibles they’ve created. or own.
“Although in its infancy, Meta Position is a true indicator as we move to web3,” said Adam De Cata, CEO of NFT Tech. “As we launch some of the world’s most prestigious brands and creators on Web3, it is crucial that we extend access to digital intellectual property and its usefulness to the widest possible audience.”
“Meta’s willingness to bet its multi-billion dollar business on the future of Web3 and the metaverse is a strong signal to the rest of the world,” Adam continued. “This rollout gives me the same flashbacks to the early days of the internet and social media when it took years for major global brands to create a simple Facebook page. I think we’ll see a very similar trajectory with web3 and how it takes over the digital economy.
NFT Tech works to develop infrastructure, assets, real estate, and intellectual property in the metaverse, create and generate revenue from P2E and M2E games, and bring insights and benefits to public markets. Bridging the gap between traditional capital markets and the Web3 space, NFT Tech integrates decentralized ownership, NFTs and the metaverse. Current projects include founding the GOAT Guild and Fuku.
Meta develops technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp have empowered billions of people around the world. Now Meta is moving beyond 2D screens to immersive experiences like augmented and virtual reality to help build the next evolution of social technology.
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Caution regarding forward-looking information
This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements are generally identified by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements in this press release include statements relating to the completion of the integration with Meta Inc, the date of completion thereof; benefits realized from the feature; expansion of the Company’s NFT developments and product offerings; potential benefits and demands of direct-to-consumer NFT projects; potential benefits, development and acceptance of web3 and related applications; the continued employment of Run It Wild employees and the value of their experience; plans for accelerating growth; and continued public acceptance of NFTs. Although the Soc iety believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on forward-looking statements and information as the Company cannot give any assurance that they will prove to be correct. Because forward-looking statements and information relate to future events and conditions, they, by their very nature, involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including, without limitation, the risk factors described in the Prospectus. Readers are cautioned that the above list of factors is not exhaustive. The forward-looking statements included in this press release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. , except as required by applicable law.
No securities regulatory authority has approved or disapproved of the contents of this press release. The Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.
This press release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “United States Securities Act”) or any state securities law and may not be offered or sold in the United States or
U.S. persons (as defined in Regulation S of the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: METAVERSE PROFESSIONAL SERVICES TECHNOLOGY WEB3 NFT
SOURCE: NFT Technologies Inc.
Copyright BusinessWire 2022.
PUBLISHED: 08/05/2022 17:05 / DISK: 08/05/2022 17:06
Copyright BusinessWire 2022.