Tokens.com Partners with Meta Yachts to Create Virtual Yachts and Marina in the Metaverse

Rhea-AI Summary

Tokens.com Corp. (OTCQB: SMURF) has announced a joint venture with Meta Yachts to develop a luxury virtual marina in Decentraland, set to launch during Metaverse Fashion Week from March 24-27, 2022. The initiative will utilize 25 parcels of Metaverse Group's virtual land and feature eight unique superyacht NFTs. This venture aims to expand revenue through NFT sales and enhance advertising opportunities in the Metaverse. The collaboration positions Tokens.com to leverage immersive luxury experiences for guests, attracting increased visitor traffic.

Positive

• Joint venture with Meta Yachts to build a luxury virtual marina and superyacht NFTs.
• The project set to launch during Metaverse Fashion Week, enhancing visibility.
• Potential for new advertising revenue streams and increased visitor traffic.

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 successfully entered a joint venture with Meta Yachts to build a first of its kind luxury virtual marina, and eight unique superyacht NFTs, in Decentraland.

The initial development will be built on 25 parcels of Metaverse Group’s virtual land, with the marina’s launch happening in time for Metaverse Fashion Week, which takes place from March 24th to 27th. The eight superyachts will each have a private berth in the Meta Marina, offering owners and guests an immersive experience that features a breakwater, an animated ocean, and ambient noise (seagulls, boat horns, etc.). The fashion yacht is designed to house virtual meeting rooms, catwalks, and even a space to display and sell digital wearables.

“The partnership with Meta Yachts expands our revenue streams through the sale of NFTs and the advertising potential as the marina is a Metaverse landmark, bringing in more visitor traffic. The yachts will provide guests with immersive luxury experiences. This opens up new innovative advertising opportunities in the Metaverse,” commented Andrew Kiguel, CEO of Tokens.com and Executive Chairman of Metaverse Group.

As the possibilities of the interior functionalities of each yacht are essentially limitless, luxury brands will have the freedom to create any virtual world experience they like once onboard. The team is already designing several yacht concepts for various luxury brands. Meta Yachts will also feature as a sponsor at NFT MENA, where the company will have a hologram on display throughout the event.

“Metaverse Group are early pioneers of virtual real estate, including owning a massive 166 parcel estate in Decentraland’s Fashion District. The company comprises a rock-solid dream team with extensive experience across finance, digital assets, non-fungible tokens, blockchain technology and yachting, which is the perfect complement to our skillset,” said Meta Yachts co-founder Thomas O’Nial.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming 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 at 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 Crypto Valley, 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.

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

About Meta Yachts

Meta Yachts is the premier superyacht provider in the Metaverse. The company has designed and built eight unique, fully-functional 3D superyachts, each showcasing a distinct concept. They’ve built the Meta Marina to go with it; the world’s very first metaverse marina which will also serve as the headquarters of the company. Meta Yachts will launch in Decentraland before the inaugural virtual Fashion Week, which starts on 24th March, 2022.

For further information, please visit www.metayachts.club

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/20220316005226/en/

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

Source: Tokens.com Corp.

FAQ

What is the recent announcement by Tokens.com regarding the stock SMURF?

Tokens.com announced a joint venture with Meta Yachts to create a luxury virtual marina and superyacht NFTs in Decentraland.

When will the luxury marina by Tokens.com be launched?

The luxury marina is set to launch during Metaverse Fashion Week from March 24-27, 2022.

What is the significance of the joint venture for Tokens.com and its investors?

The joint venture aims to expand revenue through NFT sales and enhance advertising opportunities in the Metaverse.

How many parcels of land will be used for the marina development by Tokens.com?

The marina will be built on 25 parcels of Metaverse Group's virtual land.