STOCK TITAN

Fernhill Corp. Announces its Plans to Launch a New NFT Marketplace

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Fernhill Corp (OTC Markets:FERN) is set to launch a new NFT Marketplace aimed at curated collections in art, music, and more. The platform will provide a full-service solution for creators and strategic partners, selecting Polygon for its lower fees and environmentally friendly practices. This launch marks step 3 of 4 in Fernhill's Digital Asset Ecosystem, which includes Mining and Trading, with Minting next. The CEO emphasized the importance of this marketplace for the broader Web3.0 community. Forward-looking statements highlight potential challenges the company may face in achieving its goals.

Positive
  • Launch of a new NFT Marketplace to enhance digital asset ecosystem.
  • Utilization of Polygon blockchain for lower gas fees and eco-friendly operation.
  • Step 3 of 4 in developing a comprehensive Digital Asset Ecosystem.
Negative
  • Forward-looking statements indicate potential risks, including limited financial resources and competition.
  • Uncertainties in achieving growth and technological advancements.

LAS VEGAS, NV / ACCESSWIRE / January 28, 2022 / Fernhill Corp (OTC Markets:FERN) a software provider of digital asset mining and trading solutions, is pleased to announce details regarding its upcoming launch of a new NFT Marketplace.

Fernhill's NFT Marketplace, currently in development, is designed to cater to high quality and exceptionally curated collections of art, music, photography, domain names, sports memorabilia and more. The Company's plan is to provide a white glove service to well known creators, artists, athletes, entertainers, influencers and strategic business partners and offer a full turn-key solution for minting, marketing and selling non-fungible tokens (NFTs). The Company has selected Polygon as its primary blockchain based upon it being able to provide significantly lower gas fees, high transaction throughput and supports a more environmentally sustainable Proof of Stake consensus methodology. Mr. Kern, Chairman of Fernhill stated, "creating this NFT marketplace establishes another leg in our digital asset ecosystem and we're very excited about launching in the near future. It's great to see the development progress we've made over the past few months and believe it will be a great opportunity to serve the broader Web3.0 and NFT community."

"Our upcoming NFT Marketplace is step 3 of 4 in our process in creating our Digital Asset Ecosystem, said Fernhill CEO Marc Lasky. "We already have Mining and Trading with Minting being next up through our highly curated NFT Marketplace. Stay tuned for more updates on our progress and partners."

About Fernhill:

Fernhill Corp is a developer and acquirer of high-performance proprietary software solutions focused on crypto currency mining, digital asset trading and infrastructure applications that are designed to simplify, optimize and automate the blockchain ecosystem, including Mining, Minting, Trading and DeFi. Fernhill is a Signatory Member of the Crypto Climate Accord (CCA).

For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:

OTC Markets

Nevada SOS

Fernhill Twitter

Fernhill Facebook

Fernhill Linkedin

Fernhill Website: FernhillCorp.com

Company Contact Information: info@fernhillcorp.com

Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp or its subsidiaries.

#$FERN #FernhillCorp #MakeCryptoGreen #CryptoCurrencies #GreenMiningPools #FinTech #SaaS #CryptoClimateAccord #LFG #PerfectMine #CryptoMining #MainBloq #DigitalAssetTrading

Forward-Looking Statements: This release includes '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. Certain statements set forth in this press release constitute 'forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words 'estimate', 'project', 'intend', 'forecast', 'anticipate', 'plan', 'planning', 'expect', 'believe', 'will likely', 'should', 'could', 'would', 'may' or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company's control.

SOURCE: Fernhill Corp.



View source version on accesswire.com:
https://www.accesswire.com/686024/Fernhill-Corp-Announces-its-Plans-to-Launch-a-New-NFT-Marketplace

FAQ

What is Fernhill Corp's upcoming project?

Fernhill Corp is launching a new NFT Marketplace.

How will the NFT Marketplace operate?

It will cater to curated collections with a full-service solution for creators.

Why did Fernhill choose Polygon for its NFT Marketplace?

Polygon offers lower gas fees and a sustainable Proof of Stake consensus.

What are the steps in Fernhill's Digital Asset Ecosystem?

The steps include Mining, Trading, Minting through the NFT Marketplace, and one more to be defined.

What risks does Fernhill face with this launch?

Risks include limited financial resources, competition, and uncertainties in growing the business.

FERNHILL CORP

OTC:FERN

FERN Rankings

FERN Latest News

FERN Stock Data

3.90k
Software - Application
Technology
Link
United States of America
Las Vegas