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Bonanza Goldfields Corp. - BONZ STOCK NEWS

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Bonanza Goldfields Corp. (symbol: BONZ) is a Nevada-based holding company that has established itself as a leader in the media distribution business through its innovative use of blockchain and NFT technologies. The company, now known as Marvion Inc., focuses on providing authentication, valuation, and certification (AVC) services, as well as sale and purchase, hire purchase, financing, custody, security, and exhibition (CSE) services for movie and music media. By leveraging blockchain technology, Marvion has developed Digital Ownership Tokens (DOTs) to facilitate digital ownership and engagement.

Marvion, headquartered in Singapore, is among the pioneers in the Metaverse Blockchain space, driving the world's transition into Web 3.0. With a strategic focus on creating a metaverse ecosystem for the media and entertainment industry, the company is redefining digital interaction through cutting-edge blockchain solutions.

One of Marvion's most notable recent projects is the collaboration with the Chinese University of Hong Kong (CUHK) on the Central Park metaverse project. This groundbreaking initiative aims to create an immersive virtual environment that promotes sustainable practices and knowledge. Marvion's expertise in blockchain technology is integral to the project's success, combining innovative solutions with CUHK's academic insights in business sustainability.

Financially, Marvion has shown significant growth. The company reported a fivefold increase in revenue to US$5,557,710 for the first six months of 2023 compared to the same period in 2022. This growth underscores the effectiveness of Marvion's strategic initiatives and its ability to capitalize on emerging opportunities within the digital asset and blockchain industry. The company's gross profit also surged 17 times, reaching US$4,142,967 in the first half of 2023.

Looking ahead, Marvion is making strides in integrating artificial intelligence with blockchain technology to enhance its Digital Ownership Tokens (DOTs). The company recently unveiled its Artificial Intelligence Blockchain Framework (AIBF), which aims to improve transaction efficiency, scalability, and security. This innovative approach will further solidify Marvion's position as a leader in the blockchain space, ensuring that its solutions remain at the forefront of technological advancements.

Marvion is also exploring applications beyond media and entertainment. In a recent initiative, the company partnered with a prominent Halal certification provider in the UAE to develop a blockchain-based Halal certification system. This project aims to enhance transparency, efficiency, and security in the certification process, demonstrating the versatility and scalability of Marvion's blockchain technology.

As Marvion continues to evolve and expand its offerings, it remains committed to providing innovative solutions that drive growth and foster trust across various industries. For more information about Marvion Inc. and its transformative blockchain solutions, visit www.marvion.media.

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Bonanza Goldfields Corp. (OTC:BONZ) subsidiary Marvion collaborates with Next Level Ventures for the Asia Neo Art Fest 2022 in Singapore, scheduled for November 19, 2022. This annual conference connects global experts and artists to discuss contemporary art's impact through NFTs and Web 3.0 technologies. Notable speakers include NFT artist Nicole Buffett and filmmaker Jack Neo. Attendees can receive exclusive NFT drops during the event, emphasizing the growing adoption of NFTs in the economy.

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Marvion, a subsidiary of Bonanza Goldfields Corp. (OTC:BONZ), successfully hosted the inaugural Web 5.0 Conference in Singapore on November 1, 2022, attracting over 400 attendees. The conference focused on themes such as innovation, technology, legal regulations, and investment. Notably, the event featured Singapore's largest autostereoscopic glasses-free 3D display, showcasing the exclusive trailer of 'Forensic Psychologist'. Marvion's Digital Ownership Tokens (DOTs) were highlighted as a unique offering that combines digital and physical ownership experiences.

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Bonanza Goldfields Corp. (OTC:BONZ) announces its subsidiary Marvion Pte Ltd's partnership with 8SIAN to display the 8SIAN Jade Lady x Royal Selangor sculpture at the Web 5.0 Conference on November 1, 2022, in Singapore. This collaboration aims to highlight the intersection of NFTs and cultural heritage, showcasing a limited-edition sculpture crafted from pewter and jade, symbolizing wealth and prosperity in Asian culture. Marvion’s CEO expressed optimism about future partnerships, emphasizing their commitment to exploring more opportunities in the NFT space.

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Bonanza Goldfields Corp. (OTC:BONZ) announced a Memorandum of Understanding with Marvion Pte Ltd to develop services for the US$37 billion digital assets industry.

The collaboration will focus on smart contract reviews, technological support, and compliance advisory. Marvion will leverage its expertise in web3 technology while Prosynergy will provide regulatory advice.

This partnership aims to capture growth potential in a sector projected to reach US$82.71 billion by 2027, with a 17.30% CAGR.

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On October 20, 2022, Marvion, a subsidiary of Bonanza Goldfields Corp. (OTC:BONZ), announced the launch of HKU CampusLand, Hong Kong's first metaverse campus with integrated artificial intelligence, developed on the Roblox platform. The initiative, in collaboration with Marvel Digital AI and the University of Hong Kong, aims to enhance education through virtual interactions and AI-powered avatars. From October 17, 2022, students will benefit from immersive project-based learning experiences, with plans to extend this initiative to primary and secondary schools in Hong Kong in 2023.

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Bonanza Goldfields Corp. (OTC:BONZ) has appointed Raymond Chua as CEO of its subsidiary, Marvion Limited, effective October 1, 2022. Chua, with a proven track record in scaling companies, was previously Senior Director at GEX Ventures, managing over $100 million in real estate transactions and expanding a startup to a multi-award-winning firm. The board anticipates his leadership will drive revenue growth and establish Marvion as a leader in the metaverse blockchain space, enhancing the value of lifestyle and entertainment assets through Digital Ownership Tokens.

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Bonanza Goldfields Corp. (OTC:BONZ) announced the launch of Marvion™️'s Producer's Club in Hong Kong, catering to cryptocurrency and NFT enthusiasts. Founding membership DOTs offer exclusive access to film and TV productions, including 'Forensic Psychologist' and 'Tape.' Members benefit from unique experiences such as set visits and premiere invites. CEO Kevin Tan highlighted the strong market demand for tokenized media assets, suggesting growth potential for the company's IP licensing. The club aims to create a global community for DOTs, enhancing the value and effectiveness of intellectual property across borders.

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Bonanza Goldfields Corp. (OTC:BONZ) announced its partnership with Marvion™️ at the Hong Kong Computer & Communications Festival (HKCCF) from August 19-22, 2022. The event, attended by around 500,000 visitors, highlighted the metaverse, featuring live demonstrations and the debut of the Marvion Metaverse. Marvion showcased its Digital Ownership Token (DOT) technology, allowing participants to engage in the metaverse and acquire WAPE DOTs with commercial licenses. The festival included a summit on Web 3.0, with industry leaders sharing insights on digital transformation.

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Bonanza Goldfields Corp. (OTC:BONZ) announced that Marvion™️ will release Hybrid-DOTs for the new movie The Audition following the successful sale of 2,000 h-DOTs for Forensic Psychologist. This indicates a strong market demand for tokenized media assets. The Audition is a UK-Hong Kong thriller featuring a star-studded cast. Marvion™️ employs advanced blockchain technology that offers legally-binding ownership for its digital assets. The release aims to engage a global community and facilitate film financing through exclusive DOTs.

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FAQ

What is the market cap of Bonanza Goldfields (BONZ)?

The market cap of Bonanza Goldfields (BONZ) is approximately 4.8M.

What does Bonanza Goldfields Corp. do?

Bonanza Goldfields Corp., now known as Marvion Inc., focuses on media distribution, providing AVC and CSE services, and leveraging blockchain technology for digital ownership.

What is the Central Park metaverse project?

The Central Park metaverse project is a collaboration with CUHK to create an immersive virtual environment that promotes sustainable practices using blockchain technology.

How has Marvion performed financially in 2023?

Marvion reported significant financial growth in 2023, with a fivefold increase in revenue and a 17 times increase in gross profit compared to the same period in 2022.

What is Marvion's Artificial Intelligence Blockchain Framework (AIBF)?

AIBF is an advanced framework that integrates AI with blockchain to enhance transaction efficiency, scalability, and security of Marvion's Digital Ownership Tokens (DOTs).

What industries does Marvion's blockchain technology cater to?

Marvion's blockchain technology is versatile and scalable, catering to media and entertainment, Halal certification, pharmaceuticals, cosmetics, and more.

What is a Digital Ownership Token (DOT)?

A Digital Ownership Token (DOT) is a blockchain-based token that contains a smart contract and legal terms for intellectual property ownership, providing a secure and transparent digital ownership solution.

Who are Marvion's key partners?

Marvion has partnered with the Chinese University of Hong Kong (CUHK) for the Central Park metaverse project and a prominent Halal certification provider in the UAE for blockchain-based Halal projects.

Where is Marvion headquartered?

Marvion is headquartered in Singapore, with a global presence in the media and blockchain industries.

How does Marvion plan to expand its blockchain offerings?

Marvion plans to enhance its offerings by integrating AI with blockchain technology, expanding its applications to various industries, and forming strategic partnerships to drive innovation.

How can I get more information about Marvion Inc.?

For more information about Marvion Inc. and its blockchain solutions, visit their website at www.marvion.media.

Bonanza Goldfields Corp.

OTC:BONZ

BONZ Rankings

BONZ Stock Data

4.78M
141.89B
24.81%
Entertainment
Communication Services
Singapore
Singapore