NextPlay Announces A Request For Proposals For Its Upcoming Suite Of Stable Coins

Republicat de Platon

Urmaritori: 0

SUNRISE, FL, Nov 5, 2021 – (ACN Newswire) – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announces it is seeking partners to power a suite of digital stable coins. NextPlay’s suite of coins will be built on top of recently acquired enabling technologies from Token IQ Inc. and enabled by NextPlay’s Longroot and NextBank units.

The suite of coins will cover a broad array of assets including various fiat currencies across a group of crypto chains with the goal of maximizing both the fiat and digital currency interoperability. With this goal in mind NextPlay is soliciting information from technology, banking, exchange, and digital chain partners.

“We are seeking partnership with technology minded financial institutions and compliance minded crypto infrastructure providers throughout the world with a particular focus on Southeast Asia and Africa,” said Mark Vange, NextPlay CTO.

Initial use-cases for the stable coin span the breadth of NextPlay’s operations including video game currency, in-game advertising, travel and travel-related offers as well as banking, investment and payments. Once established, the coin suite will be offered to the general public and to partner exchanges.

“With our unique blend of licensed and compliant operations in various realms of finance, and a team with rich experience in both digital currency and games, we look forward to enabling in-app rewards, advertising as well as Non-Fungible Token based games by establishing easy on- and off-ramps for the general public,” said Nithinan (Jessie) Boonyawattanapisut, co-CEO.

To contact the coin team and schedule a preliminary call please contact inforequest@nextplaytechnologies.com.

Despre NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Alte Declaratii anticipative

Acest comunicat de presă include „declarații prospective” în sensul și în sfera de siguranță oferită de Dispozițiile Safe Harbor din Private Securities Litigation Reform Act din 1995, Secțiunea 27A din Securities Act din 1933, astfel cum a fost modificată, și Secțiunea 21E din Securities Exchange Act din 1934, astfel cum a fost modificat. Declarațiile prospective oferă așteptările, opiniile, convingerile sau previziunile noastre actuale privind evenimentele și performanța viitoare. O declarație identificată prin utilizarea cuvintelor de perspectivă, inclusiv „va”, „poate”, „se așteaptă”, „proiectează”, „anticipează”, „planifică”, „crede”, „estime”, „ar trebui” și anumite dintre celelalte declarații de mai sus pot fi considerate declarații prospective. Deși Compania consideră că așteptările reflectate în astfel de declarații prospective sunt rezonabile, aceste declarații implică riscuri și incertitudini care pot face ca activitățile și rezultatele reale viitoare să fie semnificativ diferite de cele sugerate sau descrise în acest comunicat de presă. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence and voting control over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of our recent acquisitions of Longroot Holding (Thailand) Company Limited (Longroot), HotPlay Enterprise Limited (HotPlay) and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with the integration of the operations of HotPlay, Longroot and IFEB, which acquisitions we recently competed; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. Mai multe informații despre riscurile și incertitudinile cu care se confruntă NextPlay sunt detaliate din când în când în rapoartele periodice ale NextPlay depuse la SEC, inclusiv cel mai recent Raport anual al acestuia pe Formularul 10-K și Rapoartele trimestriale pe Formularul 10-Q, sub titlurile „Risc”. Factori”. www.sec.gov. Alți factori necunoscuți sau imprevizibili ar putea avea, de asemenea, efecte negative semnificative asupra rezultatelor viitoare ale Companiei și/sau ar putea face ca rezultatele și situația noastră financiară reală să difere semnificativ de cele indicate în declarațiile prospective. Investitorii sunt atenționați că orice declarații prospective nu sunt garanții ale performanței viitoare și că rezultatele sau evoluțiile reale pot diferi semnificativ de cele proiectate. Declarațiile anticipative din acest comunicat de presă sunt făcute numai de la data prezentului. Compania nu își asumă nicio obligație de a actualiza sau corecta propriile declarații anticipative, cu excepția cazului în care este cerut de lege, sau a celor pregătite de terți care nu sunt plătite de către Companie. Dacă actualizăm una sau mai multe declarații prospective, nu ar trebui să se tragă nicio concluzie că vom face actualizări suplimentare cu privire la acele sau alte declarații prospective.

SURSA: NextPlay Technologies, Inc

Compania Contact:
Tehnologii NextPlay
Richard Marshall
Director Dezvoltare Corporativă
Tel (954) 888-9779
Richard.Marshall@NextPlayTechnologies.com

Subiect: Rezumatul comunicatului de presă
Sursa: NextPlay Technologies, Inc
Sectoare: Gaming, Promovare, Tehnologia blockchain, Digitalizare, Intel artificial [AI], ICO-uri și jetoane, FinTech

https://www.acnnewswire.com

Din Asia Corporate News Network