Vancouver, British Columbia–(Business Wire—NFT Technologies Inc. (NEO: NFT) (the “Company” or “NFT Tech”)., Metaverse, a leading technology company offering decentralized ownership, NFTs and public markets, announced on August 4, 2022, that Metaverse CEO Mark Zuckerberg and the head of Instagram had plans to align with Meta Inc.’s NFT operations. Adam Mosseri.
Meta Inc. is a global leader in user acquisition. By the second quarter of 2022, Meta says 3.65 billion people will be using at least one of the company’s flagship products, such as Facebook, WhatsApp, Instagram or Messenger, every month. Since May 2022, the company has been testing digital collections on Instagram, and since August 4, it has expanded the ability to share digital collections created or owned by people, creators, businesses and collectors.
“Despite its infancy, Meta’s position is a clear indication that we are moving towards Web3,” said NFT Tech CEO Adam de Cata. “As we launch some of the world’s best-known brands and creators on Web 3, it’s imperative that we bring the digital IP and access to the service to as wide an audience as possible.”
“Meta’s willingness to bet their multi-million dollar business on the future of Web3 and the Metaverse is a strong signal to the rest of the world,” continued Adam. “This release is giving me similar flashbacks to the early days of the Internet and social media, where major global brands took years to set up a simple Facebook page. I think we’ll see a very similar approach to Web 3 and how it will dominate the digital economy.”
About NFT Tech
NFT Tech works to develop infrastructure, assets, real estate and IP in the Metaverse, build and monetize P2E and M2E games, and bring insights and benefits to public markets. Bridging the gap between traditional capital markets and the Web3 space, NFT Tech is handling decentralized ownership, NFTs and the meta-adverse. Current projects include founding the GOAT Guild and Fuku.
About Meta Inc.
Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connected. Apps like Messenger, Instagram and WhatsApp have powered billions around the world. Now, Meta is moving beyond 2D screens to immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
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A cautionary note on forward-looking information
This press release contains certain forward-looking statements within the meaning of applicable securities laws relating to the Company. These forward-looking statements are generally characterized by words such as “believe,” “project,” “expect,” “predict,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan.” ,” “may,” “should,” “will,” “will” and similar expressions. Forward-looking statements in this press release include statements regarding the completion of the merger with Meta Inc., the date of completion; the benefits realized from the transaction; the Company’s NFT developments and expansion of its product offerings; Potential benefits and needs of direct-to-consumer NFT projects; potential benefits, growth and adoption of Web3 and related applications; continued employment of Run It Wild staff and the value of their experience; plans to accelerate growth; and continued public acceptance of NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, you should not place undue reliance on such forward-looking statements and information because the Company makes no assurance that they will become correct. include risks and uncertainties. Many factors could cause actual material to differ materially from the forward-looking statements in this press release, including, without limitation, the risk factors described in the prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this news release are hereby qualified. Cautionary Statements are expressly qualified.The forward-looking statements and information contained in this news release are subject to applicable It is accurate as of the date hereof and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information as a result of new information, future events or otherwise. Unless otherwise required by applicable laws.
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