Tokens.com Purchases Landmark Parcels in the SuperWorld Metaverse

Rhea-AI Summary

Tokens.com (OTCQB: SMURF) has expanded its Metaverse real estate portfolio by acquiring 40 digital properties in SuperWorld. These landmark locations include sites such as Central Park Zoo and Louis Vuitton store in Las Vegas. CEO Andrew Kiguel expressed excitement about the acquisition, anticipating increased visitor traffic and potential revenue growth. Metaverse Group, a subsidiary of Tokens.com, now holds a diverse portfolio across various virtual worlds, generating revenue through digital advertising and virtual storefronts.

Positive

• Acquisition of 40 digital properties in SuperWorld enhances Metaverse Group's portfolio.
• Landmark locations are expected to attract increased visitor traffic, benefiting potential revenue.
• Tokens.com is positioned as a leader in virtual real estate with paying tenants.

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 40 digital real estate parcels in the SuperWorld Metaverse.

SuperWorld is a virtual world digitally mapped over Planet Earth. Plots of SuperWorld land are represented as non-fungible tokens corresponding to physical world space. Any user in SuperWorld can explore and create augmented reality content mapped over the physical world, engage in a virtual real estate marketplace, or buy and sell NFTs in the SuperWorld NFT Salon.

Metaverse Group has secured SuperWorld landmark locations including the Central Park Zoo, the Eden Fine Art Gallery in Manhattan, the Pelican Hotel in Miami Beach, and the Louis Vuitton store in Las Vegas to name a few.

“We are excited to expand our Metaverse real estate portfolio to SuperWorld,” commented Andrew Kiguel, Tokens.com CEO and Executive Chair of Metaverse Group. “These landmark properties will attract visitor traffic that is attractive to our growing client base.”

“I’m thrilled to welcome Metaverse Group and their world-class portfolio to the SuperWorld platform,” says SuperWorld Co-Founder & CEO Hrish Lotlikar. “With the purchase of these 40 landmark locations on our platform, Metaverse Group puts itself at the vanguard of the virtual real estate space, and will serve as a catalyst for bringing more brands, organizations and individuals into the Metaverse.”

Metaverse Group’s virtual real estate portfolio spans across seven of the most popular virtual worlds, including: Decentraland, Somnium Space, and The Sandbox, among others. The company is continuously adding parcels to its portfolio to provide brands with more opportunities to launch their Metaverse marketing strategies. Tokens.com is the only publicly-traded company that has extensive exposure to Metaverse real estate with paying tenants. Its virtual real estate generates revenue through digital advertising and from retailers setting up virtual storefronts.

Brands and businesses 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 and invests in an inventory of Metaverse, NFT, DeFi, and gaming based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. 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 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.

About SuperWorld

The SuperWorld virtual real estate platform is mapped over the entire surface of the globe, allowing users to purchase any place on Earth. From virtual real estate encompassing skyscrapers and stadiums to historical monuments and iconic structures including wonders of the natural world, when you step into SuperWorld, you’ll truly make a world of your own.

For further information please visit: https://www.superworldapp.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/20220407005240/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: Ali Clarke – Talk Shop Media

Email: ali@talkshopmedia.com

Source: Tokens.com Corp.

FAQ

What recent acquisition did Tokens.com (SMURF) make?

Tokens.com acquired 40 digital real estate parcels in the SuperWorld Metaverse.

Which landmark locations did Metaverse Group secure in SuperWorld?

Metaverse Group secured sites including Central Park Zoo, Louis Vuitton store in Las Vegas, and the Pelican Hotel in Miami Beach.

How does Tokens.com generate revenue from its virtual real estate?

Tokens.com generates revenue through digital advertising and retailers establishing virtual storefronts.

What is the stock symbol for Tokens.com?

The stock symbol for Tokens.com is SMURF on the OTCQB.

What is the significance of the acquisition for Tokens.com shareholders?

The acquisition is expected to increase visitor traffic and revenue potential, positively impacting Tokens.com shareholders.