BioPower Operations Corporation’s subsidiary, HYFI Corp. Pre-launches its NFT Marketplace

Rhea-AI Summary

BioPower Operations Corporation (OTC Pink: BOPO) has announced the pre-launch of its NFT Blockchain Marketplace through its subsidiary, HYFI Corp. The platform aims to serve three functions: allowing investors to earn income via fixed returns from fractional licenses, enabling IP and technology owners to raise capital, and providing a revenue stream for brokers. The decentralized finance (DeFi) exchange will also use the HyFi Token as a governance and transaction fee payment token. The company plans to rebrand as HYFI and change its stock symbol.

Positive

• Launch of HYFI NFT Marketplace, expanding revenue opportunities.
• Three key functionalities aimed at different user groups, enhancing market appeal.
• Utilization of blockchain technology positions the company in a growing sector.

Negative

• None.

Las Vegas, Nevada, Oct. 01, 2021 (GLOBE NEWSWIRE) -- BioPower Operations Corporation (OTC Pink: BOPO) announced today that its wholly-owned subsidiary HYFI Corp. has pre-launched its NFT Blockchain Marketplace.

HYFI NFT Marketplace is a DeFi Platform using blockchain technology open to everyone and serving three purposes:

1. Investors earn income by receiving fixed returns and potential bonuses from payouts derived from the purchase of fractional licenses

2. Owners of IP, Technology, licenses and projects can raise capital using the Hyfi NFT Platform

3. Brokers can earn money

HYFI NFT Platform: https://hyfi.exchange

ABOUT HyFi and HyFi Tokens: Please see Corporate website: www.hyfi-corp.com

HyFi is a decentralized finances (DeFi) exchange marketplace utilizing blockchain technology. The DeFi principles are based on the creation of an innovative ecosystem of financial services, which is accessible to everyone without exception and will be launched by the end of the year.

HyFi Token will be the governance token to be used as a payment token for transaction fees on the Platform.

The HyFi Platform will initially feature cash flow NFTs.

BioPower is in the process of changing its name to HYFI and changing its Symbol.

Contact:
Troy E. MacDonald, CEO
1- 786-923-0272
2- Forward-Looking Statements

This Press Release contains “forward-looking” statements or statements which arguably imply or suggest certain things about our future. Statements which express that we “believe,” “anticipate,” “expect,” or “plan to,” and any other similar statements which are not historical fact, are forward-looking statements. These statements are based on assumptions that we believe are reasonable, but there are a number of factors that could cause our actual results to differ materially from those expressed or implied by these statements. You are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements speak as of the date hereof, and we do not undertake any obligation to update or revise any forward-looking statements, except as expressly required by law.

FAQ

What is the purpose of the BOPO NFT Blockchain Marketplace?

The BOPO NFT Blockchain Marketplace aims to provide income for investors, capital raising opportunities for IP owners, and revenue generation for brokers.

When did BioPower Operations Corporation announce the NFT Marketplace?

BioPower Operations Corporation announced the NFT Marketplace pre-launch on October 1, 2021.

What will the HyFi Token be used for on the platform?

The HyFi Token will serve as a governance token and be used for transaction fees on the HYFI NFT Marketplace.

Is BOPO changing its name and stock symbol?

Yes, BioPower Operations Corporation plans to change its name to HYFI and will also change its stock symbol.