AB INTL GROUP Reports the Numbers of Its NFT MMM App Installation

Rhea-AI Summary

AB International Group Corp. (OTCQB: ABQQ) has announced that its NFT marketplace, NFT MMM, has successfully attracted 20,000 users since its launch on May 1, 2022. CEO Chiyuan Deng emphasized that this growing user base will facilitate more movie NFT releases, enhancing the platform's attractiveness to movie owners. The company is also developing ABQQ.tv, a video streaming service expected to generate immediate revenue through a hybrid subscription and advertising model. These initiatives may position ABQQ favorably within the expanding entertainment industry.

Positive

• 20,000 users acquired on NFT MMM since May 1, 2022.
• Potential for increased movie NFT releases attracting more movie owners.
• Development of ABQQ.tv expected to create immediate revenue streams.

Negative

• None.

NEW YORK, July 12, 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 that NFT MMM today has been installed 20,000 users since May 1, 2022.

Chiyuan Deng, AB’s Chief Executive Officer stated, “All these user base are the foundation of more movie NFT release, it’s significant attract movie owners will come to release their Movie NFT's drop through NFT MMM platform. ”

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 milestone did ABQQ achieve with NFT MMM in July 2022?

ABQQ announced that its NFT MMM marketplace reached 20,000 users since its launch on May 1, 2022.

What are the expected benefits of NFT MMM for AB International Group?

The growing user base on NFT MMM is expected to attract more movie owners to release their Movie NFTs on the platform.

What new service is AB International Group launching?

AB International Group is launching ABQQ.tv, a video streaming service aimed at generating revenue through subscriptions and advertising.