AB INTL GROUP Announces Drama Movie ‘Confusion’ on Movie NFT Drop Launch on Its NFT MMM
AB International Group Corp. (OTCQB: ABQQ) announced the launch of the Drama movie 'Confusion' NFT on June 25, 2022, via its NFT marketplace, NFT MMM. The copyright owner received inquiries from 90 potential buyers, interested in acquiring IP rights through 100,000 NFTs priced at $1 each, contributing to the total of 1 million NFTs for a 50% copyright in China. The company aims to expand its revenue through its new hybrid subscription and advertising model on ABQQ.tv, targeting the global video streaming market.
- Launch of 'Confusion' movie NFT could attract significant buyer interest.
- Positive engagement from 90 potential NFT buyers indicates strong market interest.
- ABQQ.tv aims to generate a new revenue stream in the growing video streaming industry.
- Dependence on NFT sales for revenue could pose risks if demand declines.
- Uncertainty in actual revenue generation from the NFT drops due to market volatility.
NEW YORK, June 27, 2022 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm, its NFT MMM one of leading movie NFT marketplaces, today announced, the Drama movie 'Confusion' launch the “Confusion” Movie NFT's drop has been available to NFT MMM's users on the platform starting June 25, 2022.
The special territory copyright owner of the movie received inquiries from 90 NFT MMM-based buyers would be interested in owning IP rights and revenues of the Drama movie 'Confusion', by owning its NFT drops. Some of them are interested in purchasing about 100,000 Stars (its Movie NFT unit @
About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company engages highly anticipated video streaming service targeting global multi-billion dollar and growing video streaming industry. The online service will be marketed and distributed in the world under the brand name ABQQ.tv. ABQQ.tv is expected to generate a new and profitable revenue stream immediately following its launch derived from its hybrid subscription and advertising business model. The company is investing in NFT movie and music marketplace as the unique entertainment industry Non-Fungible Token. www.stareastnet.io
For additional information visit www.abqqs.com and www.ABQQ.tv and NFT MMM www.stareastnet.io
Forward-Looking Statements
This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company's management team and statements relating to the Company's transformation, financial and operational performance including the acceleration of revenue and margins, and the Company's overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Groups markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.
Investor Relations Contact:
Jeff Deng
(212) 918-4519
corp@abqqs.com
FAQ
What is the significance of ABQQ's NFT launch on June 25, 2022?
How many NFTs are available for the movie 'Confusion'?
What revenue model is ABQQ introducing with ABQQ.tv?
How many potential buyers showed interest in the 'Confusion' NFT?
