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Bonanza Goldfields Corp. (OTC:BONZ) is set to acquire Marvion and launch the world's first hybrid-NFTs (h-NFTs) on the OKEx NFT marketplace on October 5, 2021. The h-NFTs will be tied to the film "Lockdown," featuring a global cast, with a UK release on November 23, 2021. The initiative aims to provide holders with ownership rights and exclusive invites to the film's premiere. With the DPoS consensus mechanism, the launch emphasizes sustainability and energy efficiency. Julian So, Interim CEO of Marvion, emphasizes that this innovative venture seeks to revolutionize the traditional movie experience.
Bonanza Goldfields Corp. (OTC:BONZ) has announced plans to acquire Marvion, a metaverse blockchain company focused on creating Hybrid NFTs. Marvion aims to protect legal ownership rights of digital assets and will become a US-listed entity upon completion of the acquisition. Hybrid NFTs include integrated legal contracts, enhancing ownership protection compared to regular NFTs. The deal is part of Bonanza's strategy to leverage blockchain for expanding into the media industry. The acquisition is expected to provide significant growth opportunities for both companies.
On September 18, 2021, Bonanza Goldfields Corp (OTC: BONZ) announced its memorandum of understanding (MOU) to acquire Marvion Media Limited, a metaverse blockchain technology firm specializing in Hybrid NFTs. This acquisition aims to enhance media and entertainment IP via blockchain, providing full KYC processes for NFT authenticity. Upon completion, BONZ will rebrand as Marvion Media Limited, becoming the first h-NFT company listed in the U.S. This strategic move is expected to boost retail investor access to blockchain technologies and diversify NFT-related investments.