AppSwarm to Launch NFT Marketplace to Support Growing Metaverse

Rhea-AI Summary

AppSwarm, Corp. (OTC: SWRM) announced plans to launch NFT products and services aimed at enhancing the Metaverse marketplace. NFTs will provide ownership links to unique items and virtual real estate, while also enabling access to events through controlled ticketing. The company intends to create its own NFT marketplace similar to OpenSeas, supporting various blockchain protocols, and will explore opportunities for Metaverse services for businesses. A detailed report on the Metaverse project is forthcoming.

Positive

• Launch of NFT products and services aims to capitalize on the growing Metaverse marketplace.
• Plans for creating an NFT marketplace to facilitate user-created NFT projects.
• Exploration of real estate investment opportunities within virtual platforms like Decentraland.

Negative

• None.

Tulsa, OK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces it will be launching NFT products and services to support the growing Metaverse marketplace.

NFTs (non-fungible tokens) are a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos.

NFTs are influencing the growth of the Metaverse, which is a new virtual reality (VR) that interacts with other humans to play games, conduct business, socialize, and shop. 

Virtual Real Estate

NFTs are coming to serve as the deed to a ‘virtual’ property as well as the key—allowing the owner exclusive access to enter that location in the Metaverse, and the ability to grant access to others.

The company will explore potential real estate investment opportunities within several Metaverse platforms such as Decentraland, which is a decentralized 3D virtual reality platform that consists of parcels of land.

Event Ticketing and Access

NFT-controlled access could span a range of use cases, including VIP access to real-life events such as conventions and festivals as well as those occurring within the Metaverse. The company will explore numerous opportunities in developing NFTs for the purpose of accessing special events ranging from music festivals, movies, investor conferences, or local venues.

NFT Marketplace

AppSwarm will also launch its own NFT marketplace to allow users to create, buy, and sell their own NFT projects in auctions.

Like OpenSeas, the company will explore launching NFT marketplaces supporting numerous blockchain protocols such as Ethereum, Polygon, Solana, and NFTify.

Metaverse Services

In its goal to develop Web 3.0, which is built upon the core concepts of decentralization, openness, and greater user utility, the company will launch Metaverse services to allow smaller companies a solution to virtually showcase their products, hold live conferences, or as a means for shareholder communication.

A more detailed report on our Metaverse project is expected to be released shortly.

For updates on this project please register at https://tulsalabs.io/investors/   

About APPSWARM

AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.

For more information, visit us at www.app-swarm.com or follow us on www.facebook.com/AppSwarm Twitter https://twitter.com/AppSwarm or Instagram https://www.instagram.com/appswarm/

“LEGAL DISCLAIMER”

AppSwarm and its affiliate labs are strictly research firms focused on the development of blockchain applications, and in no way is involved with the buying, selling, or issuance of any cryptocurrencies, or investment advice.

Forward-Looking Statements:

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

Investor and Media Contacts:

AppSwarm, Corp.
888-886-8583
info@app-swarm.com

FAQ

What is AppSwarm planning to launch related to the Metaverse?

AppSwarm is planning to launch NFT products and services to support the growing Metaverse marketplace.

What types of NFTs will AppSwarm explore?

AppSwarm will explore NFTs linked to virtual real estate, event ticketing, and access.

Will AppSwarm create its own NFT marketplace?

Yes, AppSwarm is set to launch its own NFT marketplace to allow users to create, buy, and sell NFT projects.

What blockchain protocols will AppSwarm support for its NFT marketplace?

AppSwarm's NFT marketplace will support blockchain protocols such as Ethereum, Polygon, and Solana.

When can we expect more details on AppSwarm's Metaverse project?

A more detailed report on AppSwarm's Metaverse project is expected to be released shortly.