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Liquid Avatar Technologies Inc. (CSE: LQID) (OTC Pink: LQAVF) is a company focusing on the verification, management, and monetization of Self Sovereign Identity, empowering users to control and benefit from their online identity. The company's Liquid Avatar Mobile App allows users to create digital icons representing their online personas to manage and control their digital identity and Verifiable Access and Identity Credentials. The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) supports all participants in a digital credential ecosystem using blockchain and open standards technologies. The company also offers the Meta Park Pass, a W3C verifiable credential designed for interoperability, allowing users to login into multiple supported Metaverses with minimal friction. Liquid Avatar Technologies is also working on various programs like Liquid Shopz, a cash-back and reward program, and the LQID Card, which will have the world's first Metaverse Rewards program.
Liquid Avatar Technologies (CSE:LQID, OTCQB:LQAVF) announced a partnership between its subsidiary, Oasis Digital Studios, and Gourmet NFT to create NFTs featuring award-winning recipes from chefs at the World Food Championships. This collaboration allows chefs to monetize their recipes through NFTs and offers food enthusiasts unique culinary experiences. The initiative aims to expand the NFT market by providing access to signature dishes from esteemed culinary competitors. More information for chefs interested in participating will be released soon.
Liquid Avatar Technologies has initiated Phase 3 of its Aftermath Islands Metaverse, following the successful sales of over 6,400 virtual land parcels in earlier phases. The new phase introduces themed islands and Player versus Player (PvP) capabilities, expanding user engagement and potential revenue streams. This rollout includes 10 new Estate Islands and a projected value of $2.2 million for over 7,500 parcels. The company aims to enhance its digital identity services by integrating user experiences across virtual and real-world activities.
Liquid Avatar Technologies Inc. reported strong Q4 2021 growth, generating approximately C$1,000,000 in preliminary gross revenue. The company enhanced its Liquid Avatar Mobile App and launched its metaverse program, Aftermath Islands. As it transitions from R&D to commercial operations, Liquid Avatar is optimistic about its digital identity solutions and their acceptance. The launch of new programs and platforms is planned for 2022, focusing on verified digital identity for real-world applications like age verification and health credentials. Gross margins are expected to align with industry standards.
Liquid Avatar Technologies Inc. (CSE:LQID, OTCQB:LQAVF) reported significant growth in Q4 2021, transitioning from R&D to commercialization. The company activated its Liquid Avatar Mobile App and initiated a metaverse program, generating approximately C$700,000 in revenue from October to early December 2021. Liquid Avatar focuses on digital identity solutions and aims to leverage Web 3.0 trends. The CEO expressed cautious optimism about these developments, while noting the early stages of transformation. Future revenue opportunities also hinge on market acceptance of digital identity programs.
Liquid Avatar Technologies Inc. (OTCQB:LQAVF) is set to feature at the Los Angeles Comic Con from December 3-5, 2021. The company will introduce an augmented reality scavenger hunt and offer FREE virtual land, avatars, and digital collectibles at their booth. The event is expected to attract over 100,000 attendees, providing Liquid Avatar a significant platform to showcase its digital identity and metaverse programs. Special offers will be available for participants, including exclusive comic book editions and unique NFTs.
Oasis Digital Studios has acquired a 50% equity interest in Aftermath Islands, a metaverse client, for nominal consideration of 1 Euro. This acquisition, effective January 2022, will allow Oasis to control day-to-day operations and marketing. As part of the agreement, Oasis will receive 50 virtual islands and retain up to 30% of net margins from virtual land sales. The Aftermath Islands platform has generated substantial interest, with sales exceeding $3.1 million for over 7,500 parcels. The partnership aims to enhance user experiences in a growing digital economy.
Liquid Avatar Technologies Inc. (CSE:LQID, OTCQB:LQAVF) has partnered with Bonifii to integrate a decentralized digital identity credential into the Liquid Avatar Wallet. This capability will facilitate privacy-preserving financial transactions in the metaverse, including KYC processes for avatars in Aftermath Islands. The integration aims to simplify onboarding, verification, and fraud prevention, promoting access to financial services for underserved individuals. The Liquid Avatar Wallet is available on Google Play and the App Store, enhancing digital identity management in Web 3.0.
Oasis Digital Studios, a subsidiary of Liquid Avatar Technologies (OTCQB:LQAVF), announced an update regarding the launch of Gourmet NFT, a platform for creating and selling NFTs of culinary recipes. The launch has been postponed to early 2022 to incorporate new technology that allows autogenerated NFTs. With nearly 500 chefs involved and over 600 recipes submitted, the platform aims to empower chefs to monetize their recipes digitally. Users will access recipes through QR codes in restaurants and can pay with credit cards or cryptocurrencies.
Liquid Avatar Technologies Inc. (OTCQB:LQAVF) has announced its latest client, the Meta Hero Project, offering customizable 3D avatars for metaverse engagement. Players can personalize avatars with unique skills and trade NFTs starting at $500, with only 25,000 kits available. The project will be showcased at Los Angeles Comic Con, emphasizing integration with digital identities and gameplay. Oasis Digital Studios, the exclusive agent, will earn up to 30% from sales. This innovative approach positions the project as a leader in the evolving NFT landscape, with potential for significant market impact.
Liquid Avatar Technologies Inc. (OTCQB: LQAVF) announces that its subsidiary, Oasis Digital Studios, has launched the first group of virtual islands for the Aftermath Islands platform. Following the success of Phase 1 sales, Phase 2 offers over 7,500 parcels valued at approximately $1.75 million USD. Virtual land can be purchased using fiat and select cryptocurrencies with no gas fees. The launch precedes the Los Angeles Comic Con (Dec 3-5, 2021), where the company is a Digital Innovation Partner, showcasing at Booth #1241.