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Blue Hat Announced the Release of a New Game

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Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced the upcoming release of its simulated business strategy game, “Cute Monopoly”, which will support multiple languages including Chinese, English, Japanese, and Korean. Players start without money and work to establish business empires through strategic gameplay. CEO Xiaodong Chen expressed confidence in the game’s potential to generate significant economic benefits for the company, as web games continue to grow globally.

Blue Hat focuses on AR interactive entertainment games in China.

Positive
  • Release of 'Cute Monopoly' aims to tap into the growing market for web-based games.
  • Game supports multiple languages, broadening its potential audience.
  • CEO expresses confidence in the game's profitability potential.
Negative
  • None.

XIAMEN, China, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT) announced that the Company will soon release a simulated business strategy game, “Cute Monopoly”, to the world, which supports Chinese, English, Japanese, Korean and other languages.

In “Cute Monopoly”, players can realize their dream of becoming a millionaire. At the beginning, each of the players may be just a normal person without money. However, with continuous efforts, players’ fortune will grow rapidly and finally players will establish their own business empires. The whole game is very rich in playing methods, which allow players to rely on their own strategies to achieve a variety of money making plans, create more companies, and soon they will become a leading enterprise in the business community.

Management Commentary
Mr. Xiaodong Chen, CEO of Blue Hat, stated, “In recent years, web games have developed rapidly all over the world, flocking to a number of simulated business web games. I firmly believe this simulated business strategy game developed by our company will create huge economic benefits for the company.”

About Blue Hat
Blue Hat is a leading communication services and IDC business provider and a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements 
This 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings, including its Annual Report on Form 20-F. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net


FAQ

What is 'Cute Monopoly' by Blue Hat?

It is a simulated business strategy game that allows players to build business empires.

What languages will 'Cute Monopoly' support?

The game will support Chinese, English, Japanese, Korean, and more.

What impact does the release of 'Cute Monopoly' have on BHAT stock?

The game is expected to generate significant economic benefits, potentially positively influencing BHAT stock.

Who commented on the release of 'Cute Monopoly'?

CEO Xiaodong Chen spoke about the game's potential for profits.

Where can I find more information about Blue Hat?

You can visit the Company’s investor relations website at http://ir.bluehatgroup.com.

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