SFLMaven Announces Plan to Purchase Metaverse Real Estate to Establish Virtual Jewelry Operations in Decentraland

Rhea-AI Summary

SFLMaven Corp. (OTC Pink: SFLM) has announced plans to purchase real estate in Decentraland, aiming to establish a virtual jewelry store for selling high-end vintage digital jewelry. This initiative positions SFLMaven as potentially the first jeweler in the Metaverse. CEO Joseph Ladin emphasized the company's history of adapting to technological advances, citing previous successes in eCommerce. The company has generated over $140 million in sales and garnered more than 100k positive reviews through its online platforms.

Positive

• Plans to establish a virtual jewelry store in Decentraland could attract new customers.
• Positioning as possibly the first jeweler in the Metaverse may enhance brand visibility and innovation appeal.

Negative

• None.

FORT LAUDERDALE, FL, Feb. 17, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC Pink: SFLM), ("SFLMaven" or the "Company") (www.sflmaven.com), a leading provider of high-end luxury goods, is excited to announce the Company’s plan to purchase real estate in Decentraland, the leading 3D virtual world browser-based platform.

The Company intends to establish a jewelry store within the Metaverse to market and sell high-end vintage digital jewelry items for avatar use. To management’s knowledge, SFLMaven will be the first jeweler in the Metaverse.

“In 2003, when ecommerce was still just getting off the ground, SFLMaven charged in to become one of the first jewelers to operate online,” commented Joseph Ladin, CEO of SFLMaven. “We’ve built our success over the last two decades by embracing ‘Tomorrow’, and the new and innovative ways of doing business it brings. First it was the Internet. Then it was eBay. Now, ‘Tomorrow’ is the Metaverse. And SFLMaven is excited to have the opportunity to build just as much success in the virtual jewelry realm as we have in the physical one.”

The Company looks forward to presenting further details on its Metaverse strategy soon.

Follow SFLMaven on social media:

Twitter: @sflmaven
Instagram: sflmaven

About SFLMaven

SFLMaven Corp. (OTC Pink: SFLM) is a premium provider of high-end luxury goods to a global base of discerning patrons. Famous for its Thursday Night Auction events on its top-rated eBay store, SFLMaven has driven over $140 million in sales since inception, earning more than 100k positive reviews along the way.

For more information, please visit the Company's website at www.sflmaven.com.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words 'believes,' 'expects,' 'intends,' 'plans,' 'anticipates,' or 'may,' and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SFLMaven, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SFLMaven's future results. The forward-looking statements included in this press release are made only as of the date hereof. SFLMaven cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SFLMaven undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SFLMaven.

SOURCE: SFLMaven Corp.

Corporate Contact
info@sflmaven.com

Public Relations
EDM Media, LLC
https://edm.media

FAQ

What is SFLMaven's recent announcement regarding the Metaverse?

SFLMaven plans to purchase real estate in Decentraland to establish a virtual jewelry store.

How does SFLMaven plan to sell jewelry in the Metaverse?

The company aims to market and sell high-end vintage digital jewelry items for avatar use.

What is the stock symbol for SFLMaven?

The stock symbol for SFLMaven is SFLM.

What does CEO Joseph Ladin say about SFLMaven's future?

CEO Joseph Ladin expressed excitement about building success in the virtual jewelry realm, akin to previous successes in eCommerce.

How much revenue has SFLMaven generated since inception?

SFLMaven has driven over $140 million in sales since its inception.