Graystone Company Announces Plan To Explore Opportunities In The Metaverse
Graystone Company (OTC: GYST) announced plans to investigate opportunities in the Metaverse, exploring property purchases in Sandbox and Decentraland. This venture aims to expand their operations by staking and mining Metaverse tokens like MANA and SAND. Established in 2021, Graystone also focuses on Bitcoin mining and the sale of mining equipment. However, future revenue projections are uncertain due to market fluctuations and operational challenges.
- Exploration of opportunities in the Metaverse may enhance future growth.
- Potential for staking and mining Metaverse tokens could diversify revenue streams.
- Future revenue projections are uncertain due to market volatility and operational challenges.
- Investment in new technology requires significant capital, posing a financial risk.
FORT LAUDERDALE, Fla., Jan. 6, 2022 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST), announced today that it is investigating opportunities for the Company in the Metaverse. The Metaverse is a combination of multiple elements of technology, including virtual reality, augmented reality and video where users 'live' within a digital universe; it also may contain elements or be integrated along with the blockchain technology. We believe that the Metaverse could have great opportunities for Graystone. In the coming weeks we will explore purchasing property at Sandbox and/or Decentraland with the goal of moving into this space. Additionally, we will explore potential opportunities to stake and/or mine Metaverse tokens, such as MANA, and SAND. This is a long-term prospective for the Company, but the time is right for us to begin looking at expanding our operations towards the future with Metaverse.
About The Graystone Company, Inc.
The Graystone Company has two distinct lines of business: (1) Bitcoin Mining; and (2) sale and hosting of Bitcoin mining equipment. The Company launched its Bitcoin Mining operation in May 2021 and began selling mining equipment in October 2021. The Company's Bitcoin mining wallet address can be viewed at anytime using this link: https://www.blockchain.com/btc/address/32nWKSce24EPUGXnkfqVdvUyWbrVUmwpAr The Graystone Company, Inc. (OTC PINK:GYST) is headquartered in Fort Lauderdale, FL., and can be contacted at www.thegraystonecompany.com or by phone at (954) 271-2704.
Corporate Website: www.thegraystonecompany.com
Corporate Twitter: https://twitter.com/TheGraystoneco
Graystone Mining Twitter: https://twitter.com/Graystonemining
*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as equipment pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
For more information:
Graystone Company
Anastasia Shishova
Email: info@thegraystonecompany.com
Phone: (954) 271-2704
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SOURCE Graystone Company, Inc.
FAQ
What is Graystone Company's plan for the Metaverse in 2022?
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