One World Universe Inc. Applauds Facebook’s Decision to Change Name to Meta

Rhea-AI Summary

One World Universe (OTC: OWUV) is expanding its business focus into the metaverse following Facebook's rebranding to Meta. The company has secured the domain OneWorldMetaverse.com and is exploring opportunities in this emerging sector. CEO Jerry C. Craig emphasized the potential for significant growth and the company's capability to leverage resources for acquisitions. While the corporate website is under construction, One World Universe aims to keep shareholders informed of developments and updates through social media channels.

Positive

• Exploring business opportunities in the metaverse following Facebook's rebranding.
• Secured domain OneWorldMetaverse.com for potential business ventures.
• Confident in resources available for future acquisitions.

Negative

• None.

Tech Giant’s New Focus on “Metaverse” to Open New Business Opportunities

HUNTINGTON BEACH, CA, Oct. 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, applauds social media giant, Facebook, and their decision to change to their official name to “Meta”. 

The name change, which was announced by Facebook’s CEO Mark Zuckerberg during the company's virtual reality and augmented reality conference Facebook Connect, aligns with its growing focus on the metaverse, which refers to efforts to combine virtual and augmented reality technologies in a new online realm. Thursday, Zuckerberg painted a picture of the metaverse as a clean, well-lit virtual world, entered with virtual and augmented reality hardware at first and more advanced body sensors later on, in which people can play virtual games, attend virtual concerts, go shopping for virtual goods, collect virtual art, hang out with each others’ virtual avatars and attend virtual work meetings. 

Here is a 4-minute video of how the metaverse could work in the “work space” https://www.youtube.com/watch?v=KsztO5eLg5k while the company will and can still focus on the social side of things that could look like this: https://www.youtube.com/watch?v=afdnbXXbBTg . The metaverse will work with VR or a Virtual Reality headset. Coincidentally, OCULUS is a leading brand within this VR Tech and just so happened to be purchased by Facebook for $2 billion back in 2014. The evolution of this idea has been in the works for a long time. 

“One World Universe has secured the domain/url OneWorldMetaverse.com and is currently in negotiations and weighing different business models, platforms and ideas on how to participate in this potentially lucrative Metaverse market sector.  If a company like Facebook is willing to risk rebranding themselves in this space, then we feel it’s in our best interest as a holding company to have some exposure also,” stated CEO Jerry C. Craig.

One World is currently seeking and weighing multiple acquisition targets and feels confident they have enough resources and bargaining chips to add value to both the company and its shareholders. Management will update shareholders as newsworthy developments occur.

The One World Universe website is currently under construction as they anticipate  incorporating their new potential businesses. For additional updates and information, shareholders are asked to follow our social media account on Twitter at www.twitter.com/JCHC_UPWT or visit our website at www.oneworlduniverseinc.com and www.JCHoldingCorp.com

Forward-Looking Statements Disclaimer:

This press release contains 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, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com

Investor Relations Contact

Dana Salzarulo

Director Investor Relations

Info@jcholdingcorp.com 

1-833-333-5242 Office

FAQ

What is the significance of Facebook rebranding to Meta for OWUV?

OWUV sees Facebook's rebranding as an opportunity to enter the metaverse market, enhancing potential business prospects.

What domain has One World Universe secured for its metaverse strategy?

One World Universe has secured the domain OneWorldMetaverse.com.

How is One World Universe planning to participate in the metaverse?

The company is weighing various business models and platforms to enter the metaverse sector.

What updates can shareholders expect from One World Universe?

Shareholders can expect updates on business developments and acquisitions as they occur.