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AllStar Investment Holding AdventGalaxy Signs Development Agreement with GIANT.net for Metaverse Strategy

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AllStar Health Brands (OTC PINK:ALST) announced a significant partnership through its investment holding AdventGalaxy with GIANT.net to develop a cryptocurrency and NFTs. This collaboration aims to establish Advent's presence in the metaverse, potentially tapping into an $8 trillion market opportunity, as noted by Goldman Sachs. The project will feature a virtual Mega Mall, enhancing branding and attracting a younger audience. The initiative is geared towards innovating commerce, entertainment, and culture in digital spaces, positioning AllStar favorably in the growing tech landscape.

Positive
  • Strategic partnership with GIANT.net for metaverse development and cryptocurrency initiatives.
  • Potential to tap into a market valued at $8 trillion according to Goldman Sachs.
  • Creation of a virtual Mega Mall to attract younger audiences and enhance branding.
Negative
  • None.

MIAMI, FL / ACCESSWIRE / April 4, 2022 / AllStar Health Brands (OTC PINK:ALST) ("Allstar" or the "Company"), an emerging growth technology company, is pleased to announce that its recent investment holding, AdventGalaxy ("Advent"), a division of TGI SOLAR POWER GROUP Inc. (OTC:TSPG) ("TGI"), has signed an active development agreement with GIANT.net to advise and assist the project to create its own cryptocurrency and collection of non-fungible tokens ("NFTs"), with future plans that include filing with the U.S. Patent and Trademark Office ("USPTO") for additional trademarks.

Management of Advent is preparing to make powerful strides toward a significant metaverse presence, capitalizing on what Goldman Sachs now sees as an $8 trillion opportunity. GIANT.net will assist Advent's management to develop the digital currency strategy, NFTs, and a create a Mega Mall with new products sourced from top brands around the world.

Peter Wanner, President of ALST, stated, "Adding CRYPTO and NFTs will help to create real branding strength for ADVENT GALAXY, as well as a strong buzz in the crypto community and among investors and professionals. It will also help to bring new, young audiences to our ADVENT GALAXY MEGA MALL and its related social media channels. ALST is proud to be affiliated with its partners in this grand technology experience."

The partnership with GIANT.net is exciting in many ways for Advent and its partners and investors. GIANT is a creative agency with a team of online veterans and internet marketing experts who are passionate about helping brands, products, and ideas reach their full potential.

GIANTs team members have years of experience crafting world-class online presences and effective online marketing campaigns, and the firm offers full digital agency services including graphic design, full-stack web development and web design, copywriting, and social media mastery, all with the objective of helping brands effectively and powerfully connect with their customers.

With GIANT.net, when a great product exists and the mainstream consumer market needs to be aware of it, anything is possible.

The ADVENT MEGA MALL has the potential to become a central virtual hub where people of all backgrounds and ages can meet and interact, and where commerce, entertainment, and culture can grow in new ways. It will also foster new ways of doing business, including virtual co-working spaces. A VR/ AR ADVENT MEGA mall is coming soon and will become a reality, thanks to ADVENT GALAXY, powered byROOMFUL.net.

GIANT.net's founder, Chase Gassert, commented, "The Metaverse is a not a unique idea or original concept. It's a logical progression in the modern world, but one still in its early stages. More than likely, there will be more than one Metaverse built and maintained by multiple large tech companies that are adopted by the general public. And, long-term, it will be a combination of VR and AR as the market grows. The more immersive - but also the more practical and helpful to the average person - it becomes, the more it will redefine our daily lives."

About Roomful Co
Roomful is a powerful and advanced 3D Multiverse, the platform for metaverses, the alternative digital realities, where people work, play, share content and socialize. Roomful Studio's ready-made 3D templates allow to create highly engaging interactive and memorable experiences for trade shows, virtual offices, Art Fairs, Science Fairs, Social Spaces, Interactive Classrooms, Virtual Museums. Roomful Co allows one to deploy your Expo for private social network of attendees.

About TGI Solar
TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.

About AllStar Health Brands
AllStar Health Brands is an emerging growth technology company entering the new era of innovation and emerging technologies, including the Metaverse, Virtual Reality, and Augmented Reality. Currently ALST and has a number of distribution networks that involve sales of nutraceutical and other health equipment to various countries in the Western Hemisphere. Hospital equipment, health testing, PPE have dominated the Company's activities over the last 18 months. But in that time, the Company also formed contacts for supply and for sale, largely in the US and Canada, but also stretching into other Western Hemisphere countries. The ability to move PPE, testing supplies, and health equipment is now being enhanced with Nutraceutical products, which can be moved along the same distribution networks already established.

Safe Harbor Statement
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties, and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Public Relations
EDM Media, LLC
https://edm.media

SOURCE: AllStar Health Brands Inc.



View source version on accesswire.com:
https://www.accesswire.com/695853/AllStar-Investment-Holding-AdventGalaxy-Signs-Development-Agreement-with-GIANTnet-for-Metaverse-Strategy

FAQ

What is the recent development announced by AllStar Health Brands (ALST) on April 4, 2022?

AllStar Health Brands announced a partnership between its investment holding AdventGalaxy and GIANT.net to develop a cryptocurrency and NFTs, aiming for a presence in the metaverse.

How will the partnership with GIANT.net benefit AllStar Health Brands (ALST)?

The partnership will enhance AllStar's branding strength, attract younger audiences, and position the company in a high-value market focused on digital currency and virtual commerce.

What market opportunity does AllStar Health Brands (ALST) aim to explore through this initiative?

The initiative aims to explore a market opportunity valued at $8 trillion in the metaverse, as identified by Goldman Sachs.

What future plans does AllStar Health Brands (ALST) have related to metaverse and NFTs?

AllStar Health Brands plans to create a virtual Mega Mall and develop a digital currency strategy along with a collection of NFTs.

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