OLB Group to Sponsor the "NFTs: Welcome to the Metaverse" at Museum of American Finance. (Today)

Rhea-AI Summary

The OLB Group (NASDAQ: OLB) sponsored the Museum of American Finance's virtual panel titled “NFTs: Welcome to the Metaverse” on February 15, 2022. The event featured prominent panelists from the blockchain and finance sectors, aimed at supporting education around NFTs and digital assets. OLB is committed to innovating eCommerce solutions, including NFT e-ticketing, currently being developed for sports team clients. The company also offers a range of digital asset services, including Bitcoin mining.

Positive

• OLB sponsored a relevant virtual panel on NFTs, enhancing its market visibility.
• Introduction of NFT e-ticketing solutions for sports teams indicates innovation and future revenue potential.
• Commitment to expanding digital asset services aligns with market trends, potentially attracting more clients.

Negative

• None.

eCommerce Merchant Services Provider and Bitcoin Mining Company Sponsoring Virtual Panel February 15 at 5PM (Today)

NEW YORK--(BUSINESS WIRE)-- The OLB Group, Inc. (NASDAQ: OLB), a diversified fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its sponsorship of the Museum of American Finance’s (MoAF) virtual panel, “NFTs: Welcome to the Metaverse,” taking place today, Tuesday, February 15, 2022.

The panel discussion will be moderated by Michael Maloney, Adjunct Professor at Fordham Law, and will include an introduction by Ronny Yakov, Chairman & CEO, OLB Group.

Panelists include:

Michael Amar, Co-founder, Paris Blockchain Week Summit and Paris NFT Day
Benjamin Cole, Loschert Chair in Entrepreneurship, Gabelli School of Business
Devika Kornbacher, Partner, Vinson & Elkins LLP
James C. Row, Founder and Managing Partner, Entoro Capital, LLC

The program will be held on a virtual platform from 5:00 – 6:15 pm (ET). The panel discussion will be followed by audience Q&A. It is free to attend, but advance registration is required. More information can be found at www.moaf.org/events/nft.

“The OLB Group is committed to supporting the education around NFTs and digital assets, and exploring innovative use cases by merchants and customers in ways beyond just payments and transactions. We are excited to help facilitate this discussion through our sponsorship of the Museum of American Finance’s NFT-focused event,” Yakov said. “We believe that for an eCommerce company to win in the era of digital assets, they must embrace change and provide a diversified suite of solutions. This is precisely what we are doing at the OLB Group--offering our merchant base a comprehensive eCommerce technology platform. Our future business model is firmly planted in the digital asset world.”

Yakov continued, "In line with this vision, OLB is developing NFT e-ticketing solutions. OLB’s NFT ticket product will be available to our existing sport team clients in the upcoming year. This will complement OLB’s existing digital asset services, including its Bitcoin mining division, DMint, and its Bitcoin payments and transaction services. Additionally, OLB is exploring value-added solutions for its small-and medium-sized e-commerce clients to reduce transaction fees and provide alternative sources of financing."

Future OLB Press Releases and Updates

Interested investors or shareholders can be notified of future Press Releases and Industry Updates by e-mailing investorrelations@OLB.com.

About The OLB Group:

The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise. The Company's eCommerce platform delivers cloud-based merchant services for a comprehensive digital commerce solution to over 10,500 merchants in all 50 states. DMint, a wholly owned subsidiary of OLB Group, is engaged in the mining of Bitcoin utilizing sustainable natural gas with an initial deployment of efficient 1,000 ASIC-based S19j Pro 96T mining computers projected by end of 2021. For more information about solutions, services, or to find a reseller, please visit www.olb.com. Investor information is available at www.olb.com/investors-data.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220215005233/en/

The OLB Group - Investor Relations

Rick Lutz

InvestorRelations@olb.com

(212) 278-0900 EXT: 333

 

Source: The OLB Group, Inc.

FAQ

What event did OLB sponsor on February 15, 2022?

OLB sponsored the virtual panel titled “NFTs: Welcome to the Metaverse”.

Who moderated the NFT panel sponsored by OLB?

The panel was moderated by Michael Maloney, an Adjunct Professor at Fordham Law.

What is OLB's focus in digital assets?

OLB focuses on supporting education around NFTs and developing innovative solutions like NFT e-ticketing.

How does OLB plan to enhance its services?

OLB plans to offer NFT e-ticketing solutions and reduce transaction fees for e-commerce clients.

What is OLB's involvement in Bitcoin mining?

OLB engages in Bitcoin mining through its subsidiary DMint, utilizing sustainable natural gas.