Los Angeles CA, April 20, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (TSXV: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, and digital payment provider today announced a client partnership with Liquid Media Group Ltd. (“Liquid Media” or “Liquid”) (Nasdaq: YVR), to develop the NFTainment.io platform which will release “Red Carpet” NFTs (non-fungible tokens) with pre-releases starting in May 2021.
Liquid Media Group is an end-to-end business solutions company empowering independent intellectual property creators and will work in partnership with CurrencyWorks to bring fans up close and behind the scenes with some of their favorite Hollywood personalities and movies. Red Carpet NFTs will be as much about experiences as they are about collectibles.
“We’re excited to showcase the creativity and versatility NFTs can bring to fans, the entertainment industry, and IP holders,” said Ron Thomson, CEO of Liquid Media. “When fans get the opportunity to own never-before-seen footage or a chance to capture a rare experience with a celebrity or walk the Red Carpet at a future movie premiere, the world will quickly understand the value NFTs will offer.”
During the summer of 2021, Liquid will roll out the Red Carpet for fans through the CurrencyWorks’ powered NFTainment.io, a community and trading platform where fans can buy, sell, or discuss their favorite NFTs and speculate on Liquid’s next drop.
“The ability to store extra information like movie scenes, music, or gaming content allows IP owners the opportunity to leverage their brand, their imagination, and really connect with fans on an exciting new level while adding new revenue streams at the same time,” said Cameron Chell, CurrencyWorks Chairman.
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company empowering independent IP creators. Liquid’s end-to-end solution will enable professional video (film/TV and video game) creation, packaging, financing, delivery, and monetization, empowering IP creators to take their professional content from inception through the entire process to monetization. The groundbreaking new Liquid Media Token Platform will empower its users to capitalize and monetize all four pillars of IP: Creation, Use/Subscription, Financing, and Licensing/Protection.
Additional information is available at www.LiquidMediaGroup.co.
Liquid Media Group Ltd.
+1 (416) 489-0092
Media and Analyst Relations Manager
Primoris Group Inc.
+1 (416) 489-0092 x 226
CurrencyWorks Inc. (TSXV: CWRK and OTCQB: CWRK) is a publicly-traded company that builds and operates FinTech Platforms for Digital Currencies, Digital Assets, and Security Tokens.
For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.
Bruce Elliott, President
Disclaimer for Forward-Looking Statements
This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things: the statement relating to the release of “Red Carpet” NFTs (non-fungible tokens) with pre-releases starting in May 2021; that Liquid Media Group will work in partnership with CurrencyWorks to bring fans up close and behind the scenes with some of their favorite Hollywood personalities and movies; that during the summer of 2021, Liquid will roll out the Red Carpet for fans through the CurrencyWorks’ powered NFTainment a community and trading platform where fans can buy, sell, or discuss their favorite NFTs and speculate on Liquid’s next drop; and that the ability to store extra information like movie scenes, music, or gaming content allows IP owners the opportunity to leverage their brand, their imagination, and really connect with fans on an exciting new level while adding new revenue streams at the same time.
The material assumptions supporting these forward-looking statements include, among others, that there will be no material variations in current regulatory environments in which the Company operates; the perceived benefits from the Company’s blockchain solutions will be as expected; and the Company will be able to obtain any necessary financing on acceptable terms. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the risk that the Company will be unable to efficiently build the blockchain solutions; the risk that there may be negative changes in general economic and business conditions; the risk that the Company may have negative operating cash flow and not enough capital to complete the blockchain solutions; the risk that the Company may not be able to obtain additional financing as necessary; the risk that there may be increases in capital and operating costs as a result of working on the blockchain solutions; the risk that the blockchain solutions may be subject to fraud and other failures; the risk that there may be technological changes and developments in the blockchain that make the blockchain solutions obsolete; risks relating to regulatory changes or actions which may impede the development or operation of the blockchain solutions; the risk that other competitors may release similar blockchain solutions; and other general risks involved in the blockchain solutions.
Any of these risks may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. The Company does not assume any liability for disclosure relating to any other company mentioned herein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.