NSAV ANNOUNCES LAUNCH OF VIRTUABROKER’S BLOCKCHAIN LAUNCHPAD PLATFORM, FOR PREMIUM PROJECTS ON BINANCE SMART CHAIN

Rhea-AI Summary

Net Savings Link (NSAV) announced the launch of its Blockchain Launchpad platform through its subsidiary VirtuaBroker. The platform aims to facilitate premium blockchain projects on the Binance Smart Chain, starting with Plastiks.io—an NFT marketplace focused on plastic recovery and recycling. The crowd sale for the Plastik token will be exclusive to this launchpad, highlighting NSAV's commitment to expanding its NFT activities. The partnership aims to tackle the global plastic waste problem and potentially dominate the recycling industry.

Positive

• Launch of a Blockchain Launchpad platform via VirtuaBroker for premium projects.
• First project, Plastiks.io, targets the NFT marketplace for plastic recovery.
• Potential to dominate the recycling industry by leveraging blockchain technology.
• Significant market potential with 56 million tons of Polypropylene produced annually.

Negative

• None.

London, England, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that its prized stake-holding, VirtuaBroker, has launched a Blockchain Launchpad platform https://platform.virtuabroker.com/launchpad for NSAV and other premium blockchain projects on the Binance Smart Chain.

The first project on Virtuabroker’s Launchpad is Plastiks.io, the world’s first real-world asset backed NFT marketplace for plastic recovered and recycled. The crowd sale of the Plastik token will be exclusively conducted on the Virtuabroker launchpad https://platform.virtuabroker.com/launchpad/plastiks and will initiate a flurry of new blockchain projects arising from the NSAV Ecosystem.

Plastiks.io https://platform.virtuabroker.com/launchpad/plastiks will utilize a smart contract approach to the marketplace, allowing single-use package producers, waste recovery, and recycling companies the opportunity to acquire and sell plastic disposal guarantees according to the type of single-use packaging. The Plastiks platform will bridge the gap between single-use packaging producers, waste recovery, and recycling companies, in addition to consumers. Today’s announcement reflects the explosive growth and expanding applicability of the NFT sector. According to NonFungible.com, over $2 billion was spent on non-fungible tokens during the first quarter of 2021 — an increase of about 2,100% from Q4 2020, and already surpassing the total $250 million NFT market in 2020.

The management of NSAV believes that now is the perfect time to expand its NFT activity. As an accelerator and solutions provider to the cryptocurrency, blockchain, and digital assets industry companies, NSAV is glad to join and support Plastiks.io in innovating the recycling industry.

As global sales of art and antiques reached an estimated $50.1 billion in 2020 - with online sales reaching record highs and doubling in value - the art sector is not the only industry revolutionized by NFTs. Recycling is an industry with untapped potential, and NSAV and Plastisks.io are willing to explore more together by way of partnership. In creating an extensive hub of major players in the industry worldwide, NSAV will help Plastisks.io to become a dominating force in the global recycling industry, and both parties will form a consortium for upcoming projects. The addressable market currently comprises Polypropylene production which is 56,000,000 tons each year. This production is anticipated to increase to 88,000,000 metric tons each year by 2026. The current price per ton of Polypropylene is $945. The value of an NFT would be driven by said price. The biggest 20 FMCG companies are responsible for 55% of the total plastic waste.

Daniel Garcia, founder and CTO of VirtuaBroker stated, "The fundamentals behind the plastiks.io project is very solid. At Virtuabroker, we are confident that our launchpad´s first customer will be very successful, as they are addressing a market need that is yet to be addressed and of utmost importance.”

André Vanyi-Robin, Founder and CEO of Plastiks.io, stated, “Our mission is to track all single-use packaging being recovered and recycled across the globe, in order to provide recyclers and plastic producers with a connection that can be verified, so that revenues can be generated for the recyclers to incentivize them to collect all plastic and convert this into valuable data, that can enable producers of plastic to offset their production to achieve a plastic free world. We are grateful to be able to count on the technological robustness of Virtuabroker and on its very engaged community.”

Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are thrilled to be able to announce that Virtuabroker, one of our portfolio companies, is engaging the launchpad market for premium blockchain projects and is generating revenue and users on the basis of its leading technological platform, leading the path towards an environmentally responsible crypto industry.”

About VirtuaBroker:

VirtuaBroker Ltd. https://virtuabroker.com/, is a UK-based cryptocurrency trading platform based on Artificial Intelligence (AI) and offers a full range of trading services, such as portfolio management, price search function, and much more. VirtuaBroker's platform supports nearly all major cryptocurrency exchanges, including Coinbase https://www.coinbase.com , whose recent IPO valued Coinbase at over $85 billion.

About Nozama:

Nozama. Green Ltd. https://nozama.green/, is a UK based sustainability technology company which provides digital tools to measure CO 2 emissions and savings and track single use packaging (SUP) recycled and the licensed operator of Plastiks.io.

To know more about Plastiks.io´s mission, check our social media channels listed below.

Website: https://www.plastiks.io

Twitter: https://twitter.com/Plastiks_io

Telegram Official Group: https://t.me/PlastiksioAnnouncements

About NSAV:

NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information please contact NSAV at info@nsavholdinginc.com

The NSAV Twitter account can be accessed at https://twitter.com/nsavtech  

The NSAV corporate website can be accessed at http://nsavholdinginc.com   

The NSAV Premium OTC Crypto Trading Desk website can be accessed at https://nsavholdinginc.com/otc-desk/

The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at https://hkotc.co/ 

The NSAV Decentralized Cryptocurrency Exchange (DEX) website can be accessed at https://nsavdex.org/#/home

Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/,  a leading, global investment banking firm, will be advising NSAV on strategic matters related to this transaction.

Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/.

Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact
Net Savings Link, Inc.
info@nsavholdinginc.com  

Attachments

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• $NSAV - Net Savings Link, Inc.
• $NSAV - Net Savings Link, Inc.
• $NSAV - Net Savings Link, Inc.

FAQ

What is Net Savings Link's (NSAV) latest announcement?

NSAV announced the launch of a Blockchain Launchpad platform through VirtuaBroker for premium blockchain projects.

What project is featured on NSAV's Blockchain Launchpad?

Plastiks.io, an NFT marketplace focused on plastic recovery and recycling, is the first project on the launchpad.

How does NSAV plan to address plastic waste?

NSAV's collaboration with Plastiks.io aims to create a verified marketplace for tracking and recycling single-use plastics.

What is the significance of the Plastiks.io project?

Plastiks.io addresses a growing market need for recycling and aims to provide financial incentives for recyclers.

What are the market dynamics for Polypropylene production relevant to NSAV?

Polypropylene production is expected to increase from 56 million tons to 88 million tons by 2026, with a price of $945 per ton.