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Liquid Avatar Technologies has launched a blockchain-based system providing Proof of Humanity through its mobile app, aimed at enhancing online trust and privacy. This verifiable credential allows users to verify their identity without sharing sensitive information, preventing fraud and fostering secure interactions within the Aftermath Islands Metaverse. With over $5.8 billion lost to online fraud in 2021, this technology addresses critical privacy concerns and aims to create safer online environments by limiting users to one account per individual.
Tokens.com Corp. has announced a partnership with Liquid Avatar Technologies' Aftermath Islands Limited. This collaboration allows Tokens.com's subsidiary, Metaverse Group, to develop three islands in Aftermath Islands' metaverse platform, focusing on luxury establishments and brand activations. Additionally, Metaverse Group has launched a buildathon competition for designers, offering $50,000 in prizes. The initiative aims to attract global talent in metaverse development and stimulate innovation. The competition runs until January 9, 2023.
Liquid Avatar Technologies and Aftermath Islands Metaverse have launched the Meta Park Pass, a digital identity solution for verifying online users without disclosing personal information. Set to be used in the metaverse, the pass employs biometrics and a QR code for secure login, enhancing user privacy and reducing fraud. Recognized for its potential, the pass taps into the burgeoning metaverse market, expected to grow from USD 27.21 billion in 2020 to USD 824.53 billion by 2030.
Liquid Avatar Technologies Inc. (CSE:LQID / OTCQB:LQAVF) announced significant developments concerning its subsidiary Aftermath Islands Metaverse Limited. A commitment of USD $25 million from LDA Capital is aimed at enhancing Aftermath Islands' ecosystem, including the creation of Non-Fungible Tokens (NFTs) and digital identity solutions. The company also acquired digital assets from the Meta Hero Project to expand its in-game offerings. Additionally, Aftermath Islands will mint 3.5 billion Doubloons (DUBS) on the DigitalBits blockchain for in-game currency and rewards.
Liquid Avatar Technologies Inc (CSE:LQID)(OTCQB:LQAVF) will host its Summer Showcase on July 19, 2022, at 12 pm ET, to present its digital identity and Metaverse programs. With over 150 participants pre-registered, the event will exhibit core offerings, including NFTs, avatars, and mixed reality solutions. CEO David Lucatch emphasizes ongoing innovation amidst market volatility, focusing on user privacy and security. The webinar will be recorded for future viewing. The company is also participating in VRARA Enterprise Forum and San Diego Comic Con later that week.
Liquid Avatar Technologies Inc. (OTCQB:LQAVF) announced a non-brokered private placement offering of up to $1,000,000 at a price of $0.05 per Unit. Each Unit consists of one common share and one warrant exercisable at $0.10 for 36 months. Proceeds will support working capital and corporate purposes. The offering is expected to close around July 5, 2022, subject to conditions. Insider participation is allowed, and a finder’s fee of up to 7% may be paid. Securities will be subject to a four-month hold period.
Liquid Avatar Technologies has partnered with D.A.R.E. America to launch the D.A.R.E. Digital Program, aimed at providing digital identity verification, avatars, NFTs, and mixed reality opportunities to over 1.2 million students annually in the U.S. and globally. Liquid Avatar's subsidiary, Aftermath Islands Metaverse, will contribute 30,000 virtual land plots to enhance student engagement. This initiative aims to introduce students to the Metaverse while supporting D.A.R.E.'s ongoing educational programs concerning drug resistance and online safety.
Liquid Avatar Technologies has appointed Craig McCannell as its new Chief Financial Officer, effective May 3, 2022. McCannell, with over 20 years of experience, has been consulting with the company since 2020. The company has also welcomed Andra Enescu and Steven Hollerbach to its Board of Directors. Liquid Avatar has filed its audited annual financial statements for 2021 and corrective disclosures following a review by the Ontario Securities Commission, resulting in being placed on the public list of Refiling and Errors.