NFT Platform CyberWorld V0.1 Unveiled by Sino-Global and CyberMiles
Sino-Global Shipping America, Ltd. (NASDAQ: SINO) announced the launch of its CyberWorld V0.1 NFT platform in partnership with CyberMiles. Set to officially debut in July 2021, the platform will facilitate the creation, sale, and purchase of NFTs, linking the digital and physical realms. It aims to attract artists, collectors, and investors by showcasing unique digital content, starting with the art NFT project 'We and Our Future'. The CEO highlights the growing NFT market as a transformative opportunity, emphasizing their commitment to innovation and expansion in this sector.
- Launch of CyberWorld V0.1 NFT platform in collaboration with CyberMiles.
- Expected to attract a wide range of participants, including artists and collectors.
- Focus on innovation and expansion within the booming NFT market.
- Potential risks from fluctuating cryptocurrency values impacting operations.
- Uncertainty related to the COVID-19 pandemic affecting demand and operations.
ROSLYN, N.Y., April 7, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global," the "Company" or "We") today unveiled the CyberWorld V0.1 NFT (non-fungible tokens) platform in collaboration with e-commerce public chain CyberMiles. CyberWorld is now open and providing global NFT project, event and product information using an early registration portal www.cybermiles.io/en-us/nft/nft/.
The new CyberWorld V0.1 NFT platform, which is expected to officially launch in July 2021, was developed and will be operated by Sino-Global and CyberMiles. It will initially showcase the art NFT production "We and Our Future" (WAOF) plan, a groundbreaking encrypted NFT group artwork. CyberWorld V0.1 will serve as a highly-secure, robust platform for collectors, artists, musicians and investors to create, sell and buy one of a kind, digital content represented as NFTs, providing a critical link between the virtual blockchain world and the physical world. CyberWorld will continue to innovate from NFT art creation, dissemination and consensus value capture, to NFT holding, transaction and other scenarios, as well as including areas such as Finance/Game/Meme/Collectibles.
Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, "The NFT opportunity can best be described as a frenzy that is generating massive global attention from artists -- both renowned and emerging -- investors and other creators. We see this as a game changing opportunity to lead and create significant value in this disruptive marketplace. Sino-Global has already made a series of investments in blockchain infrastructure and NFT companies as we aggressively expand our capabilities and extend our reach. Our focus and execution are allowing us to move quickly, which is critical given the speed of the NFT market evolution. We believe that we have a superior NFT platform, one that ensures digital authenticity and transparency to creators, sellers and buyers. This is clearly an exciting time for us, and we are playing to win."
About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)
Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the fast growing cryptocurrency and NFT (non-fungible tokens) markets, while continuing to support and grow its core shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net.
About CyberMiles
CyberMiles is a high-performance innovative public blockchain system. As a member of the blockchain that actively participates in the distributed economy and technological ecology, it was the first to propose a high-performance commercial solution for the Ethereum public chain DPOS consensus. This solution has been used for reference by blockchains initiated by Binance and Huobi. As early as 2018, it began to promote and support NFT casting, circulation, and more. CyberMiles is also the first public blockchain to be used in the NFT-ization and auction of artists' works.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO's operations, the demand for SINO's products and services, global supply chains and economic activity in general. Moreover, the value of cryptocurrencies may fluctuate significantly over time. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2020. SINO's SEC filings are available publicly on the SEC's website at www.sec.gov. SINO disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Sino-Global Shipping America, Ltd.
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