Cal-Bay Makes Strong Entrance into Billion $$ NFT Space

Rhea-AI Summary

Cal-Bay International (OTC:CBYI) is entering the lucrative NFT and Digital Asset market, identifying numerous investment opportunities. CEO Luke Joseph emphasized the company's ambition to become a recognized player in the sector, aiming to enhance revenues and shareholder value. Cal-Bay plans immediate investments in NFTs and digital assets, capitalizing on the growing Blockchain technology landscape. The NFT market has seen substantial sales, with the highest recorded NFT sale at $69 million, showcasing the potential of digital assets.

Positive

• Entering the rapidly growing NFT market could significantly enhance revenue.
• Identified several NFTs and digital assets for potential purchase.
• Plans immediate investments, positioning Cal-Bay as a key player in the sector.

Negative

• None.

HENDERSON, NV / ACCESSWIRE / September 8, 2021 / Cal-Bay International, Inc (OTC:CBYI) today announced the company is making a strong entrance into the rapidly growing NFT and Digital Asset space by committing Investments in the Billion Dollar Non-Fungible Token (NFT) Market and adding NFT and Digital Assets to the company's portfolio.

Cal-Bay CEO Luke Joseph stated " The company see's huge opportunities for Investment into the Multi Billion Dollar space as the NFT, Digital and Blockchain world continues to gather more strength. The use of this secure Blockchain technology is clearly the rapid growing future for financial transactions and Investments. The company's intent is to become a recognized Incubator, Collaboration and Joint-Venture partner in the NFT and Digital Asset markets simultaneously adding significant value to the company's revenues and profits, while adding huge potential for shareholder value".

Cal-Bay has already identified several NFT's and Digital Assets for purchase and is committed to additional Digital Asset acquisitions and is looking to Invest immediately into this sector and paving the way for traditional Investors to participate alongside Cal-Bay, leading a new era of Investment opportunities across these platforms.

What is an NFT ?

"NFT" stands for "non-fungible token," and NFTs are a way of proving ownership of digital goods.

Although most NFTs rely on the Ethereum blockchain, a few alternatives have appeared in recent years.

Recorded NFT record sales show the most expensive NFT ever sold was $69 million.

Thousands of NFT sales worth millions of dollars in total value are traded each day.

Important Links: https://www.cloudwards.net/nft-statistics/

https://www.reuters.com/technology/nft-sales-surge-speculators-pile-sceptics-see-bubble-2021-08-25/

About Cal-Bay International, Inc.

A Publicly Traded professional holding organization specializing in State of the Art and cutting-edge technologies in the Telemedicine, Philanthropic Causes and Digital Asset arenas.

www.cbyintl.com

Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Cal-Bay, CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Cal-Bay International Inc.

Contact:

Cal-Bay International, Inc
Contact: (877) 372-0716
Email: info@cbyintl.com
Website: www.cbyintl.com

SOURCE: Cal-Bay International, Inc.

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FAQ

What is Cal-Bay International's latest announcement regarding NFTs?

Cal-Bay International announced its entry into the NFT market, identifying investment opportunities and planning immediate acquisitions.

How does Cal-Bay International plan to grow in the NFT market?

Cal-Bay plans to establish itself as a key player by investing in NFTs and digital assets, aiming to drive revenue and shareholder value.

What is the significance of the NFT market for Cal-Bay International?

The NFT market represents a billion-dollar opportunity for Cal-Bay International to enhance its revenue and business portfolio.

What are NFTs and why are they important?

NFTs, or non-fungible tokens, are digital assets that prove ownership of digital goods, with significant sales indicating a growing market.

What was the highest sale recorded in the NFT market?

The highest recorded NFT sale was $69 million, showcasing the immense value and potential in the NFT space.