Exxe Group Launches New Entertainment-Centric Digital Footprint in Metaverse Initiative

Rhea-AI Summary

Exxe Group (OTC PINK:AXXA) has launched a new entertainment-focused digital footprint as part of its Metaverse Initiative, aiming to enhance interactive activities in the Metaverse. The company expects a revenue increase of at least 15% from various entertainment sectors within 12-18 months. This initiative includes virtual fashion events and film production, leveraging partnerships across the US, China, and Europe. Exxe's strategy integrates physical and digital offerings, positioning itself with diverse services in the Metaverse, while Dr. Eduard Nazmiev emphasizes community mobilization to drive revenue growth.

Positive

• Projected revenue increase of at least 15% from entertainment sectors within 12-18 months.
• Diversified and vertically integrated services in the Metaverse.
• Strong partnerships in the US, China, and Europe enhancing global reach.
• Unique approach offering simultaneous physical and digital events.

Negative

• Dependency on the success of new digital initiatives in a competitive market.

• New entertainment-focused digital footprint represents popular interactive activities in the Metaverse
• Exxe introducing interactive digital multimedia event spaces for music, fashion, film, and education
• Exxe showcasing virtual fashion events along with producing fashion editorials and celebrity press, NFTs
• Exxe leverages its physical media experience, partnerships, digital communities with its Metaverse Initiative
• New Exxe division focuses exclusively on Metaverse innovation, including tokens, NFTs, gaming coins, communities

NEW YORK, NY / ACCESSWIRE / January 6, 2022 / Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") a diversified fintech company, is pleased to announce it has launched a new digital footprint as part of its Metaverse Initiative. This new Entertainment focus represents some of the most popular and lucrative, interactive activities in the Metaverse. Plus, it represents another integrative layer and diversified complement to the Company's current fintech-based, digital presence. Exxe leverages its deep experience in music, film, and fashion events, along with its digital communities, to simultaneously showcase interactive entertainment events via physical media and the virtual environment. Exxe conservatively estimating to generate an increase of at least 15% of our revenues from the sales in the content, fashion, music, film, market segments within 12-18 months. The new initiative will be able to strengthen the EXXE Group portfolio and add a significant amount of revenue to our overall business. By featuring leading artists and fashion designers, Exxe is primed to achieve considerable potential revenue and a global reach.

Unique, Integrated Metaverse Services

Via its Seven Horns Films business, Exxe has years of experience in the global film business including film production and marketing, high profile film festival events in China, and digital community building in Asia and Europe. Feature film and limited series library of scripts under review for AXXA metaverse fund matching are expected to each generate 1.5 million USD in revenue in East Asian distribution including China. Today, Exxe is leveraging these activities via plans to continue featuring film festivals in the physical world and introducing them in a simultaneous virtual environment. In addition, the Company will offer concert promotion and production, along with similar services associated with educational seminars, forums, and events. Separately, Exxe management has considerable background in the fashion industry which will be leveraged to showcase physical and digital fashion events and produce exclusive, limited edition images and tokens, along with unique products.

Based on its current roadmap, Exxe management has constructed one of the most diversified and vertically integrated services suites in the Metaverse. Exxe's 1Myle Crypto recently added 20 major coins and offers integrated payment processing fintech solutions for a broad base of physical and digital entertainment content, promotion events, and products (NFTs) as well as digital marketing communities. There might be no other company in the Metaverse that can offer this integrated suite of services.

The Company has partnerships in the US, China, and Europe which will enable Exxe to build on its broad, global digital communities. For customers seeking to leverage its services and reach, all business can be transacted through Exxe's 1Myle digital currency exchange and payments system. In general, offering simultaneous physical and digital events serves as a major advantage for the Company versus those firms focused on physical or digital, exclusively.

Exxe boasts deep relationships with leading fashion directors and designers that have graced the covers of top magazines and fashion shows, artists, community builders, digital marketers, digital land acquirers, and others. The Company plans to leverage these relationships via new product/services innovation including token design and implementation, images, gaming coins, interactive applications, etc. Innovation for the Metaverse Initiative will be led by a newly formed division inside of the AXXA Venture Fund, which in itself can take advantage of innovation inside of the group focused on the Metaverse.

Exxe takes an agnostic approach to the Metaverse. It is this approach that ensures Exxe's solutions offer compatibility with a number of games and platforms enabling a broad selection can select from its deep pool of experienced land acquirers, specialist artists, animators, cartoonists, digital marketers, and community builders to its clients seeking to build virtual environments, NFTs, cities, events, etc. Considering that the digital events segment is expected to be one of the most popular services in 2022, Exxe is poised to quickly grow revenue and market share, with additional platforms and products to be introduced throughout the year.

Dr. Eduard Nazmiev, Exxe Group CEO commented on the Metaverse opportunities in 2022. "Exxe also plans to drive community mobilization led by artists and popular figures in the entertainment world. This diversified strategy of Metaverse growth through building its own assets and offering cutting-edge digital services in entertainment and payment processing is designed to grow Exxe's status, reach and value, along with recurring revenue. We also plan to serve as an owner and operator ourselves via property and other asset acquisitions and leverage our community building which should drive revenue across the board."

About Exxe Group

Exxe Group is a diversified fintech corporation focusing on acquisitions in the following sectors: private equity, venture capital, real estate, sustainability, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company. The Company strategy is to acquire controlling equity interests in undervalued companies and undertake an active role in improving their performance - accelerating their growth by providing both access to capital and management expertise.

For additional information please visit the Company's website: http://www.exxegroup.com/

Twitter: https://twitter.com/exxegroup

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties, and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.

CONTACT: Exxe Group IR: info@exxegroup.com

SOURCE: Exxe Group, Inc.

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FAQ

What is Exxe Group's new Metaverse Initiative about?

Exxe Group's new Metaverse Initiative focuses on launching an entertainment-centric digital footprint, enhancing interactive activities in the Metaverse.

What revenue growth does Exxe Group project from their new initiatives?

The company conservatively estimates a revenue increase of at least 15% from various entertainment sectors within the next 12-18 months.

How is Exxe Group leveraging partnerships for its Metaverse Initiative?

Exxe Group is utilizing partnerships in the US, China, and Europe to strengthen its global digital communities and enhance service offerings.

What types of events will Exxe Group produce in the Metaverse?

Exxe Group plans to showcase virtual fashion events, film productions, concerts, and educational seminars as part of its Metaverse Initiative.

Which sectors will contribute to Exxe Group's revenue from the Metaverse?

Exxe Group aims to generate revenue from sectors including fashion, music, and film as part of its Metaverse-focused projects.