HUMBL Announces “Project: Search 3”
HUMBL (OTCQB:HMBL) announced the launch of “Project: Search 3,” a blockchain-based Web 3 search engine, during the Latin America Blockchain Accelerator event in Santiago, Chile. Expected to ship in the first half of 2022, Search 3 aims to provide verifiable information and facilitate transactions within the blockchain economy. The initiative is led by HUMBL Blockchain Services and Ixaya, a technology accelerator recently acquired by HUMBL. The company has also filed for a trademark and is pursuing a patent for the technology.
- Launch of 'Project: Search 3' aimed at creating a blockchain-based search engine.
- Acquisition of Ixaya enhances HUMBL's technological capabilities.
- Search 3 expected to deliver traditional and cross-chain NFT search functionalities.
- Launch timeline suggests potential operational or market execution risks.
- Forward-looking statements indicate uncertainty related to business strategy execution.
Santiago, Chile, March 18, 2022 (GLOBE NEWSWIRE) -- Speaking at the launch of the Latin America Blockchain Accelerator (LABS) in Santiago, Chile, the CEO of HUMBL, Inc. (OTCQB:HMBL), Brian Foote, announced that it has launched “Project: Search 3.”
The initiative will result in the production of “Search 3,” one of the world’s first modular, blockchain-based Web 3 search engines. The company announced that it is already well underway on the building of the technology, which is expected to ship to the global markets sometime in the first half of calendar year 2022.
“The challenge of building a decentralized Web 3 that is still easily discoverable, well organized and verifiable on blockchain for users, is both groundbreaking and exciting,” said HUMBL CEO, Brian Foote.
“We view Search 3 as a simple discovery layer that provides verifiable blocks of information on top of Web 3,” said Alfonso Arana Jr., VP of HUMBL Blockchain Services. “We want to quickly deliver users to both authentic results and actionable transactions on top of the Web 3 blockchain economy.”
“Project: Search 3” is being spearheaded by the newly formed HUMBL Blockchain Services (HBS), in conjunction with Ixaya, HUMBL’s newly acquired thirty-five (35) person technology accelerator in Leon, Mexico, as well as internal HUMBL technology teams.
In addition to delivering traditional Web 2 search functionality such as web, videos, images and news, “Search 3” will also deliver cross-chain NFT search functionality across blockchain projects such as Ethereum, Solana, Gnosis, Polygon and BLOCKS.
The search engine will also make available “Verified by BLOCKS” technology, an additional layer of metadata, storage and authentication that can be applied to both physical supply chain and digital objects, such as NFTs.
As part of the launch, HUMBL has acquired the domain name Search3.com, where it plans to host its “Search 3” consumer search engine.
The company is in the process of filing a “Search 3” technology patent and has already filed for a trademark on the term “Search 3.”
About HUMBL, Inc.
HUMBL is a Web 3, blockchain platform with both consumer and commercial divisions.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, 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 technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
CONTACT:
PR@HUMBLPay.com
FAQ
What is Project: Search 3 by HUMBL?
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