NSAV Announces Unveiling of BLACK HIVE, the Next Generation of Home Mining

Rhea-AI Summary

Net Savings Link, Inc. (OTC Pink: NSAV) has unveiled BLACK HIVE, a next-generation home mining device in partnership with Metaverse Network LLC. The BLACK HIVE utilizes the eco-friendly Proof of Flow (PoF) model, replacing traditional Proof of Work (PoW) and Proof of Stake (PoS) methods. The HIVE App’s CRYPTO STORE will feature a wider selection in a decentralized format, allowing users to mine cryptocurrencies more efficiently and stylishly. This innovation reflects NSAV's commitment to integrating advanced technology in the cryptocurrency and digital asset industry.

Positive

• Launch of BLACK HIVE, a next-generation home mining device.
• Introduction of eco-friendly Proof of Flow (PoF) mining model.
• Expansion of CRYPTO STORE in the HIVE App for better user experience.
• Improved functionality and stylish design of the BLACK HIVE.

Negative

• None.

London, England, April 07, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced, in partnership with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/, the unveiling of BLACK HIVE https://hive.codes/, the next generation of HIVE Home Mining, PoF (Proof of Flow). The variety of selections in our HIVE App’s CRYPTO STORE will expand in a decentralized format. The new BLACK HIVE’S Proof of Flow model of mining has replaced the PoW (Proof of Work) and PoS (Proof of Stake) and makes this new generation device more ECO friendly and power consumption friendly. The product technology design team put in over 1 year of work into this new device.

BLACK HIVE – The Next Generation of Home Mining

WY Cheung, CEO of MNC stated, "The HIVE team have successfully improvised the CRYPTO STORE in the HIVE App. Once the user's BLACK HIVE synchronizes with the HIVE App, HIVEminers can subscribe to their favorite Crypto to start mining in their Home HIVE with ease.  This is a true innovative blockchain mining ECOsystem with many possibilities.”

Dato' Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are very proud of this new generation HIVE product coming to the market. The look is very stylish and futuristic The functions have been upgraded. We love it and our users can now mine crypto in style.”

About MNC:

MNC is a centralized App that transforms diversified users to decentralized universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony.  As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralized economy.

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 Centralized Cryptocurrency Exchange (CEX) website can be accessed at https://ex.nsavexchange.com/main 

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

The NSAVDEX 1 Exchange website can be accessed at https://nsavdex.org/#/home   

The NSAVDEX 2 Exchange website can be accessed at https://nsavdex.io/ 

The NSAV NFT Marketplace website can be accessed at https://nsavnft.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 NSAVDEX Exchange Telegram account can be accessed at https://t.me/NSAVDEXorg 

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  

Attachment

• $NSAV Announces Unveiling of BLACK HIVE, the Next Generation of Home Mining

FAQ

What is BLACK HIVE by NSAV?

BLACK HIVE is the next-generation home mining device unveiled by Net Savings Link, Inc. that uses an eco-friendly Proof of Flow (PoF) model.

What are the benefits of BLACK HIVE?

BLACK HIVE provides a more eco-friendly mining option compared to traditional methods, along with a stylish design and an improved user experience in cryptocurrency mining.

When was BLACK HIVE announced?

BLACK HIVE was announced on April 7, 2022, by Net Savings Link, Inc.

What is the focus of NSAV's business strategy?

NSAV focuses on providing integrated technology solutions for the cryptocurrency, blockchain, and digital asset industries, including software and e-commerce services.

How does BLACK HIVE improve the mining process for users?

Users can mine cryptocurrencies more efficiently and easily by synchronizing BLACK HIVE with the HIVE App, accessing a range of cryptocurrencies through the CRYPTO STORE.