Tokens.com Expands Virtual Real Estate Portfolio With Acquisition in NFT World Metaverse

Rhea-AI Summary

Tokens.com Corp. (OTCQB: SMURF) announces its subsidiary, Metaverse Group, has successfully acquired virtual NFT real estate within the NFT Worlds Metaverse. This acquisition diversifies Metaverse Group's substantial real estate portfolio and introduces a new staking-compatible revenue stream. NFT Worlds is a decentralized platform that utilizes Minecraft, facilitating the creation of customizable games and experiences. CEO Andrew Kiguel highlights the strategic significance of owning a Minecraft-compatible parcel, underscoring growth potential in the expanding Metaverse ecosystem.

Positive

• Acquisition of NFT real estate enhances Metaverse Group's diversification across 7 Metaverses.
• New staking-compatible NFT World parcels introduce additional revenue streams.
• NFT Worlds platform allows for limitless customization and new gaming experiences.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has purchased virtual NFT real estate in the NFT Worlds Metaverse.

NFT Worlds is a fully decentralized, fully customizable, community driven, play to earn gaming platform where world owners can create their own limitless Metaverse games or experiences for players or exclusive communities within their worlds.

Currently using Minecraft and its sprawling open-source ecosystem, NFT Worlds builds on the backbone of decades worth of open source development within the Minecraft community and radically expands on it to enable entirely new types of 3D voxel-based, decentralized gaming Metaverses backed by the Ethereum blockchain.

Metaverse Group’s purchase expands and diversifies its eight-figure real estate portfolio. NFT World parcels are staking compatible which introduces a new revenue stream to Metaverse Group. This parcel brings new opportunities for Metaverse Group, its partners and parties interested in establishing a presence in the Metaverse. Each NFT World is an explorable, limitless world that can be developed into anything you can imagine. NFT World is unique as it is compatible with Minecraft, in addition to being massively multiplayer, and decentralized.

“Adding this parcel to our portfolio diversifies our offering across 7 different Metaverses,” commented Andrew Kiguel, CEO of Tokens.com and Executive Chairman of Metaverse Group. “We understand the popularity of Minecraft and are pleased to own a parcel compatible with it.”

Brands or virtual landowners interested in partnering with Metaverse Group should contact Info@metaversegroup.com.

About Tokens.com

Tokens.com Corp is a publicly traded Web3 company that owns an inventory of Metaverse, P2E, DeFi, and NFT based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in Play-to-Earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

About NFT World

NFT Worlds is a fully decentralized, fully customizable, community driven, play to earn gaming platform where world owners can create their own limitless Metaverse games or experiences for players or exclusive communities within their worlds.

Currently using Minecraft and it's sprawling open-source ecosystem, NFT Worlds builds on the backbone of decades worth of open source development within the Minecraft community and radically expands on it to enable entirely new types of 3D voxel-based, decentralized gaming Metaverses backed by the Ethereum blockchain.

For further information visit: https://www.nftworlds.com/

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005101/en/

Tokens.com Corp.

Andrew Kiguel, CEO

+1-647-578-7490

contact@tokens.com

Jennifer Karkula, Head of Communications

contact@tokens.com

Media: Ryleigh Ebron – Talk Shop Media

ryleigh@talkshopmedia.com

Source: Tokens.com Corp.

FAQ

What is the significance of Tokens.com acquiring NFT real estate in NFT Worlds?

The acquisition enhances Metaverse Group's real estate portfolio and provides new revenue opportunities through staking.

How does the NFT Worlds Metaverse operate?

NFT Worlds is a decentralized gaming platform enabling users to create limitless games within a Minecraft-compatible environment.

What does this acquisition mean for shareholders of Tokens.com (SMURF)?

The acquisition could lead to potential revenue growth and diversification, benefiting shareholders by increasing the company's value.

How does the staking feature work for the NFT real estate purchased?

The staking feature allows owners of NFT World parcels to earn additional tokens, creating a new income stream.

When was the acquisition of NFT real estate by Metaverse Group announced?

The acquisition was announced on March 14, 2023.