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CurrencyWorks Inc. (CSE: CWRK, OTCQB: CWRK) announced advancements in its zero-cost energy crypto mining platform, Zer00™. This proprietary platform uses thermal treatment of municipal solid waste (MSW) to generate energy for cryptocurrency mining. An exclusive partnership with Fogdog Energy Solutions includes a US$400,000 loan to build the thermal unit. The initiative aims to process MSW, reduce landfill waste, and create energy for up to 200 mining machines while addressing environmental concerns regarding GHG emissions. The global cryptocurrency market is projected to grow significantly.
CurrencyWorks announced its participation in the H.C. Wainwright Cryptocurrency, Blockchain & FinTech Conference on April 27, 2021. Cameron Chell, Chairman of the Company, will present an overview of its business. Investors interested in the presentation can register online. The event features over 30 corporate presentations available live and on-demand. CurrencyWorks focuses on creating FinTech platforms for Digital Currencies, Digital Assets, and Security Tokens, aiming to leverage the growing interest in blockchain technology.
CurrencyWorks Inc. (CWRK) announced a partnership with Liquid Media Group Ltd. (Nasdaq: YVR) to develop the NFTainment.io platform, launching 'Red Carpet' NFTs in May 2021. This collaboration aims to enhance fan engagement by offering unique collectibles and experiences, such as access to exclusive footage and events. Liquid Media focuses on empowering independent creators through its comprehensive business solutions. This partnership will explore new revenue streams for IP holders while connecting fans with their favorite entertainment personalities.
CurrencyWorks Inc. (CWRK) has partnered with Liquid Media Group Ltd. (YVR) to develop a multi-token IP platform tailored for the film, entertainment, and gaming sectors. This innovative platform will incorporate NFTs, utility tokens, and security tokens, providing industry professionals with new revenue streams and enhanced audience engagement. Both companies will retain a portfolio of NFTs and security tokens, bolstering shareholder potential. The collaboration aims to address the financial needs of independent creators while leveraging CurrencyWorks' NFT expertise.
CurrencyWorks announced a partnership with XTM to integrate its NFT platform with XTM's Today Mobile Wallet, enhancing access to NFTs. This collaboration aims to broaden CurrencyWorks' user base and capitalize on the growing demand for NFTs, which saw a 1,785% market cap increase in 2021. CurrencyWorks is set to launch its NFT platform in Q2 2021, debuting with exclusive Barrett-Jackson Auctions NFTs including VIN 001 vehicles. This move positions CurrencyWorks as a leading innovator in the NFT space.
CurrencyWorks Inc. (CWRK) announced updates to its NFT platform, allowing customers to use Bitcoin and Ethereum for transactions. Known for facilitating the successful Garbage Pail Kids NFT launch, the company enhances its service with improved KYC and AML infrastructure. This positions CurrencyWorks to support various industries embracing NFTs, including sports, entertainment, and art. Cameron Chell, Chairman, believes these updates address the sector's growing pains and are crucial for fostering community engagement.
CurrencyWorks has launched the CaliCard, a digital community currency card aimed at licensed cannabis retail operators. This fintech platform offers compliant banking and payment solutions for consumer businesses. CEO Christian Schenk, with a strong background in cannabis retail, believes this offering will revolutionize the industry, especially with partnerships from 5 major retailers in California. The CaliCard will facilitate transactions via a physical card and mobile app, allowing customers to use it for various products and services. This development positions CurrencyWorks favorably in the growing cannabis market.
CurrencyWorks Inc. (CWRK) has announced the integration of Bitcoin into its security token reporting system for exchanges. This development aims to enhance liquidity and value in the Security Token Market. The token reporting system, introduced in December 2020, includes integration services, a Testnet, and smart contract platforms for security token issuance. Company officials emphasize the importance of this integration in capital raising without equity dilution. Forward-looking statements highlight potential risks including regulatory changes and technological advancements.