UA Multimedia to Acquire Virtual Land and Start Development of Play-to-Earn Game on Sandbox Metaverse

UA Multimedia to Acquire Virtual Land and Start Development of Play-to-Earn Game on Sandbox Metaverse

Organization to extend its art NFTs to consist of game asset NFTs

IRVINE, CA, Jan. 13, 2022 (World NEWSWIRE) — UA Multimedia, Inc. (OTC Pink: UAMM), a technology keeping firm and solution service provider in the parts of blockchain, cryptocurrency, decentralized finance (DeFi), NFT and metaverse, nowadays announces its initial entry into the metaverse by land acquisition and establishing a Sandbox Play-to-Generate recreation.

Sandbox is developed on the Ethereum blockchain and is one of the most dominant gamers in the metaverse and gaming industry. Sandbox allows users to get digital land and use it to generate their personal world. The material and applications produced for the virtual globe can also be monetized.

UAMM will begin its metaverse initiative by acquiring a plot of land in Sandbox and create it to host enjoyment and internet marketing situations. The Business also options to monetize by creating a Sandbox Play-to-Get paid activity as effectively as sport belongings which can be bought as NFTs.

In addition to Sandbox, the Company is also thinking about creating a presence in Decentraland in the in the vicinity of foreseeable future. Decentraland is another big metaverse participant who also has many distinguished partners. By diversifying its presence, UAMM can focus on a broader assortment of audience for its products and solutions and companies.

The Corporation proceeds to actively establish out its ecosystem which consists of 3 most important elements: DeFi (DEX), NFT market and Metaverse.

The GogiSwap DEX has nonetheless to gain large traction but is doing the job nicely. The system is becoming upgraded with added attributes as perfectly as overall performance enhancement. The Organization expects usage to raise as it areas a lot more initiatives on advertising and marketing in the future months.

To provide much more exposure and venues to get GOGI, the Organization is performing on listing the token on additional exchanges and details sites.

The NFT market launch is a little delayed owing to the additional time necessary to take a look at the fixes for the a short while ago found bugs and lacking options. Extra time is also necessary to function with many creators to listing and feature their items on the platform. All creators who want to take part are inspired to speak to the Organization at [email protected].

Apart from finalizing the enhancement of the marketplace, UAMM will also list its Galaxy Walker NFT shoe collection on OpenSea in the impending days. The selection will progressively extend about time according to demand.

Other NFT collections are also in the works, and more data about them will be supplied as the projects experienced.

“We are enthusiastic to ramp up our metaverse initiative starting with Sandbox,” commented Michael Lajtay, CEO of UA Multimedia. “Sandbox has a uniquely flexible ecosystem from which we can build on and monetize. We now have a number of promising crypto assignments in our pipeline which ought to elevate UA Multimedia onto yet another stage and allowing us to pursue acquisitions and additional significant jobs.”

About UA Multimedia, Inc.

UA Multimedia, Inc. is a know-how keeping business and remedy provider with a emphasis on blockchain, cryptocurrency, decentralized finance (DeFi), NFT and metaverse. It is also a keeping business seeking to acquire domestic and overseas entities who are in the very same area.

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Ahead Hunting Statements:

This release is made up of forward-searching statements within the that means of Section 27a of the Securities Act of 1933, as amended and area 21e of the Securities and Trade Act of 1934, as amended. All those statements contain the intent, perception or current anticipations of the Corporation and its management team. Some or all of the occasions or benefits expected by these forward-seeking statements may possibly not arise. Potential buyers are cautioned that any this kind of forward-searching statements are not guarantees of upcoming overall performance and contain pitfalls and uncertainties, and that precise outcomes could differ materially from these projected in the forward-looking statements as a outcome of numerous aspects. Accomplishing the strategy explained herein is considerably dependent upon several things, several that are not in management’s manage. UA Multimedia, Inc. does not undertake any responsibility nor does it intend to update the results of these forward-on the lookout statements.

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