UA Multimedia Announces the Launch of its Beta NFT Marketplace | 2022-04-01 | Press Releases

UA Multimedia Announces the Launch of its Beta NFT Marketplace | 2022-04-01 | Press Releases

Business additional expands into the multi-billion-greenback NFT industry

IRVINE, CA, April 01, 2022 (World NEWSWIRE) — UA Multimedia, Inc. (OTC Pink: UAMM), a technological know-how company with a concentration in blockchain, cryptocurrency, DeFi, NFT and metaverse, today announces the launching of its beta NFT market additional increasing its presence in the multi-billion-dollar NFT current market.

The world wide NFT industry has developed to $25 billion in 2021 and projected to reach $80 billion by 2025. Quite a few providers have expert speedy progress in this room including the most significant NFT market, OpenSea, who noticed its valuation increase to $13.3 billion dependent on its current $300 million funding round.

The Company&CloseCurlyQuotes beta Gogi Marketplace ( is a Binance Intelligent Chain electronic market that lets consumers to discover, invest in and sell electronic collectibles utilizing BNB. The fuel service fees for transactions built on the Binance chain are a portion of those people on Ethereum.

Just one of the powerful causes for the Enterprise&CloseCurlyQuotes to build its platform for the Binance chain is its velocity and minimal transaction charge. The small price tag should really motivate a lot more people to undertake the concept of digital belongings and collectibles so pushing it more into the mainstream. Giving speeds 4 periods that of Ethereum, BNB chain is more acceptable for high quantity transactions such as game titles as well.

Gogi Marketplace will little by little expand to take listings in a huge range of categories this sort of as artwork, audio, watches, scarce spirits, luxurious merchandise, and even automobiles or real estate. Sellers can opt to offer possibly digital files or a combination of electronic and actual physical objects as an NFT.

The Organization options to broaden the marketplace to assist multi-chain transactions this kind of as Ethereum and Solana in the potential. This will allow users to transfer property amongst chains so allowing them to be obtainable to many marketplaces.

Including to the crypto trade GogiSwap, Gogi Market is the next part in the Gogi ecosystem. The third component will involve options in the metaverse. The Business designs to produce NFTs for the virtual environment as properly as setting up its existence in the metaverse this kind of as Sandbox, Decentraland and soon to be readily available Bored Ape Yacht Club.

In addition to creating game titles, the Enterprise has plans to create e-commerce options for the metaverse employing its market and GOGI token to acquire and sell virtual and actual physical products. Customers will eventually be in a position to use GogiSwap forex trade provider to convert other cryptos into BNB or GOGI to perform transactions or participate in various games or activities in the Company&CloseCurlyQuotes metaverse.

“The Gogi Market start marks the 2nd milestone in our ecosystem initiative,&CloseCurlyDoubleQuote commented Michael Lajtay, CEO of UA Multimedia. “The growth probable in the NFT and metaverse market place is enormous and we firmly believe that our growth in this place will place us as a big participant and a direct beneficiary of these expansion.&CloseCurlyDoubleQuote

About UA Multimedia, Inc.

UA Multimedia, Inc. is a technological know-how business with a aim in blockchain, cryptocurrency, decentralized finance (DeFi), non-fungible token (NFT) and metaverse. The Company&CloseCurlyQuotes mission is to offer you items and expert services in these spots as effectively as in search of to get entities and property that are in the exact same place.





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Forward Hunting Statements:

This release includes forward-searching statements in the meaning of Section 27a of the Securities Act of 1933, as amended and segment 21e of the Securities and Exchange Act of 1934, as amended. These statements involve the intent, belief or present-day anticipations of the Organization and its management crew. Some or all of the functions or success predicted by these ahead-seeking statements may perhaps not come about. Future traders are cautioned that any these kinds of ahead-hunting statements are not ensures of upcoming effectiveness and include hazards and uncertainties, and that actual final results might differ materially from people projected in the ahead-hunting statements as a result of different elements. Carrying out the technique described herein is significantly dependent on numerous factors, a lot of that are not in management’s manage. UA Multimedia, Inc. does not undertake any duty nor does it intend to update the benefits of these forward-seeking statements.

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