The global NFT market has grown to
The Company’s beta
One of the compelling reasons for the Company’s to build its platform for the Binance chain is its speed and low transaction cost. The low cost should encourage more users to adopt the concept of digital assets and collectibles thus pushing it further into the mainstream. Providing speeds four times that of Ethereum, BNB chain is more suitable for high volume transactions such as games as well.
The Company plans to expand the marketplace to support multi-chain transactions such as Ethereum and Solana in the future. This will allow users to transfer assets between chains thus allowing them to be accessible to various markets.
Adding to the crypto exchange GogiSwap,
In addition to developing games, the Company has plans to develop e-commerce solutions for the metaverse using its marketplace and GOGI token to buy and sell virtual and physical goods. Users will eventually be able to use GogiSwap currency exchange service to convert other cryptos into BNB or GOGI to conduct transactions or participate in various games or events in the Company’s metaverse.
“The Gogi Marketplace launch marks the second milestone in our ecosystem initiative,” commented Michael Lajtay, CEO of UA Multimedia. “The growth potential in the NFT and metaverse market is enormous and we firmly believe that our expansion in this space will position us as a major player and a direct beneficiary of such growth.”
About
Corporate
Website: https://www.uammedia.com
Facebook: https://www.facebook.com/uamultimedia
Twitter: https://www.twitter.com/uamultimedia
Website: https://www.gogiswap.com
https://gogimarketplace.com
Discord: https://discordapp.com/users/GogiSwap/
Twitter: https://www.twitter.com/GogiSwap
https://www.twitter.com/BlueSkyNFT
Forward Looking Statements:
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the Company and its management team. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.
Contact
Investor Relations
949.229.1208
ir@uammedia.com
Source:
2022 GlobeNewswire, Inc., source