NFT Tech announces launch of Play 2 Earn Gaming Platform

NFT Tech announces launch of Play 2 Earn Gaming Platform

VANCOUVER, British Columbia, June 17, 2022 – NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO) (NFT Tech), a leading technology company dedicated to bringing decentralized ownership, NFT and the meta-verse to the general public, today announced the alpha launch of its proprietary Play 2 Earn (P2E) gaming platform, which will enable more lucrative connections between players and games.

The platform, which is slated for a full-scale launch this summer, solves the in-game findability issue: it will allow players to find and play multiple P2E games at once and provide live feedback on the highest-yielding games. The platform also provides new games, events within these games, and statistics that help users choose the game based on: required effort, popularity, and currency volatility in the game.

The GOAT Guild project enhanced NFT Tech’s ability to understand what players need to maximize their income, said Wayne Lloyd, NFT Tech’s CEO. The launch of this platform later this summer will position us to take advantage of the great gaming season coming in the fourth quarter, as we have recently seen the gaming industry become more robust during a downturn. In a recession, video games are a valuable source of entertainment as people tighten their belts and go out less.

https://www.irw-press.at/prcom/images/messages/2022/66319/NFT_061722_DEPRcom.001.png

The P2E gaming industry offers great instant revenue opportunities, combining the 10 most popular games into a player base of just under 5 million. Leading games like Axie have a market value of around $ 4 billion and a monthly player base of 700,000. To put this in perspective in terms of P2E growth potential, Activision’s Call of Duty had over 110 million monthly active players by November 2020.

NFT Tech’s long-term vision for this platform is to build a large user base of players earning game assets, as well as a market that can facilitate player-to-player transactions by facilitating cross-game transactions, where players purchase items from a game swap for items from another game.

Nansen, a similar cryptocurrency-focused platform, recently raised $ 75 million in Series B funding from GIC, Andreessen Horowitz (a16z), Tiger Global and Statistics Sweden 10X, among other prominent venture capitalists and angel investors.

About NFT Tech

NFT Tech works to develop infrastructure, assets, real estate and intellectual property in Metaverse, build and generate revenue from P2E and M2E games and bring insights and benefits to the public markets. By building bridges between traditional capital markets and the Web3 area, NFT Tech helps bring decentralized ownership, NFTs and the meta-verse to the general public. Current projects include the creation of the GOAT Guild and Fuku.

Follow us on social media:

twitter.com/nfttech

medium.com/@nfttechnologies

For more information please contact:

Wayne Lloyd, CEO

ir@nfttech.com

Warning statement regarding forward-looking information

This press release contains certain forward-looking statements within the meaning of applicable securities laws relating to the Company. These forward-looking statements are generally identified with words such as “believe”, “projects”, “expect”, “expect”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”. “,” can “,” should “,” will “,” would “and similar terms. Walken from NFT Tech’s involvement in the project Although the company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, you should not rely unnecessarily on the forward-looking statements and information as the company can provide no guarantee. because they will be accurate.prove correct.Because forward-looking statements and information deal with future events and conditions, they inherently involve risks and uncertainties.Many factors can cause actual future events to differ materially from the forward-looking statements contained in this press release, including, but not limited to, the risk factors described in the prospectus.Readers are warned that the previous list of factors is not u empty. The forward-looking statements contained in this press release are expressly qualified by this disclaimer. The forward-looking statements and information contained in this press release are issued on the date of this press release, and the Company assumes no obligation to publicly update or revise forward-looking statements or information, whether as a result of new information, future events or otherwise, because this is required by applicable law.

No securities regulators have approved or rejected the contents of this press release. Neo Exchange has not reviewed or endorsed this press release for the adequacy or accuracy of its contents.

This press release does not constitute an offer to sell, or an invitation to an offer to sell, the securities of the United States. The securities have not been and will not comply with the US Securities Act of 1933 or any securities law registered in each state and may not be offered or sold in the United States or to US persons (as defined in Regulation S of the US Securities Act), unless permitted under the US Securities Act and the applicable securities laws of each State registered or exempt from registration.

The source language (usually English) in which the original text is published is the official, authorized and legal version. This translation is included for better understanding. The German language version can be abbreviated or summarized. No responsibility or liability is accepted for the content, accuracy, sufficiency or accuracy of this translation. From the translator’s point of view, the report does not constitute a buy or sell recommendation! Please note the original English message at www.sedar.com, www.sec.gov, www.asx.com.au/ or on the company website!

The original English message can be found at the following link:

https://www.irw-press.at/press_html.aspx?messageID=66319

The translated message can be found under the following link:

https://www.irw-press.at/press_html.aspx?messageID=66319&tr=1

NEWSLETTER SUBSCRIBE:

The latest press releases from this company directly to your inbox:

http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA65345K1021

Message sent by IRW-Press.com. The sender is responsible for the content.

Reprints are allowed free of charge, provided the source is acknowledged.

Leave a Comment