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Tokens.com (OTCQB: SMURF) announces the return of Decentraland's Metaverse Fashion Week (MVFW) from March 28-31, featuring high-end brands in the Luxury Fashion District. The event is free and accessible on desktop devices, showcasing advancements in digital fashion and interoperability. MVFW 2022 attracted over 108,000 participants, with notable brands like Dolce & Gabbana and Tommy Hilfiger. Tokens.com, through its subsidiary Metaverse Group, focuses on web3 assets, including crypto staking and metaverse technologies.
Tokens.com Corp. (OTCQB: SMURF) announces the completion of a metaverse experience and conference center for The UPS Store, developed by its subsidiary Metaverse Group in collaboration with Coffee Digital. This digital land lease marks a significant step for The UPS Store into the metaverse, promoting entrepreneurship through a dedicated virtual space. The center features educational resources for small business owners, integrating cutting-edge technology like holograms and curated content from recognized sources. This initiative aims to position Tokens.com as a leader in web3 solutions.
Tokens.com Corp. (OTCQB: SMURF) announced a successful metaverse music festival hosted by its subsidiary, Metaverse Group, in Decentraland's Music Hub District. The event attracted over 5,000 visitors and showcased performances from 17 artists across three stages. This initiative aims to enhance web3 capabilities and engage metaverse communities, positioning the Music Hub District as a versatile entertainment venue. CEO Andrew Kiguel emphasized the importance of entertainment in the metaverse as they plan future events.
Tokens.com Corp. (OTCQB US: SMURF) has confirmed no exposure to FTX or its affiliate Alameda Research, amid recent market developments. The company maintains cash balances in US and Canadian dollars with a chartered banking institution in Canada, and its cryptocurrency holdings remain unchanged since November 1, 2022. Tokens.com invests in web3 assets, focusing on crypto staking, the metaverse, and play-to-earn gaming through subsidiaries Metaverse Group and Hulk Labs. The company commits to transparency with regular financial statements available on www.sedar.com.
Tokens.com (OTCQB: SMURF) has reported significant growth across its three operational segments: staking, the metaverse, and play-to-earn gaming. All segments are revenue positive and self-sustaining. The company's current token holdings amount to approximately CAD$11.3 million, including significant amounts of Ethereum, Solana, and Shiba Inu. Tokens.com owns 58% of Metaverse Group and 94% of Hulk Labs, both of which are expanding their client bases and service offerings. The company currently holds CAD$7.8 million in cash and plans to launch a share buyback program.
Tokens.com (OTCQB: SMURF) has announced a normal course issuer bid (NCIB) to repurchase up to 3,000,000 shares, representing 4.1% of its public float. This initiative aims to address what the board perceives as undervaluation of the company’s shares due to external market pressures, despite positive revenue growth across its three business segments: crypto staking, metaverse, and play-to-earn gaming. The buyback is set to begin on
Tokens.com Corp. (OTCQB: SMURF) announced that its subsidiary, Hulk Labs, has integrated over 1,000 player wallets in Africa, focusing on countries like Tanzania, South Africa, and the Democratic Republic of Congo. Hulk Labs has invested over $100,000 in gaming assets, achieving monthly revenue returns of 18% to 24% from titles like Crabada and Thetan Arena. With over 3,000 players on a waitlist, the goal is to reach 10,000 players by year-end. Additionally, Hulk Labs will beta test software to connect players with investors, enhancing its operational capabilities.
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.
Tokens.com Corp. (OTCQB: SMURF) has announced a change in its fiscal year-end from December 31 to September 30. This adjustment aims to enhance the audit process due to increased demand for year-end auditing services. The company plans to file its nine-month financial statements for the period ending September 30, 2022, in mid-December 2022. Tokens.com, focused on web3 assets, operates in three segments: crypto staking, metaverse, and play-to-earn gaming, leveraging blockchain technology.
Tokens.com Corp. (OTCQB: SMURF) announces full leasing of its digital real estate in Decentraland, covering over 560,000 square feet across Fashion Street Estate and Downtown. Esteemed clients like Forever 21 and Skechers occupy these virtual properties, which are part of the Metaverse Group's extensive portfolio. The company offers consulting and development services, enhancing brand presence in web3 environments. CEO Lorne Sugarman emphasized the importance of this occupancy for supporting web3 growth and client experience.