Find additional NFTFF project examples and more company info here.
And mentioned previously, NFTFF has several potential breakout catalysts to be aware of going into Wednesday's opening bell. Check them out:
No. 1 NFTFF Potential Catalyst - Company Enters The Sandbox Metaverse And A World Of Possibilities
NFT Tech Joins The Sandbox Metaverse
VANCOUVER, British Columbia, January 30, 2023--(BUSINESS WIRE)--NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) ("NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce a partnership between web3 studio Run It Wild and The Sandbox, a leading decentralized gaming virtual world, a subsidiary of Animoca Brands.
The Sandbox is a combination of virtual real estate and an amusement park that fully embraces the concept of the metaverse, a shared digital space where different worlds and characters can interact. NFT Tech joins over 160 existing partnerships including Deadmau5, Richie Hawtin, The Smurfs, Care Bears, Atari, ZEPETO, and Cryp-to-Kitties, all following The Sandbox vision of empowering players to create and pursue their own experiences using both original and well-known characters and worlds.
"Most brands and rights holders today connect to their audiences across multiple platforms, from TikTok, Twitter, Instagram, Meta, LinkedIn, the list goes on," said Adam De Cata, CEO of NFT Tech. "We see emerging virtual worlds and environments as the next great place to reach new web3-native audiences and also create deeper engagement and more meaningful experiences for existing customers. Delivering games alongside creative strategies and concepts for our current and future IP in the Sandbox is a perfect partnership with a leading metaverse on the Eth-er-eum blockchain."
The Sandbox ecosystem uses SAND, the ERC-20 utility token, as the basis for transactions and interactions. It is used to facilitate transactions that are part of its gameplay, including purchasing LAND, interacting with content, and staking to participate in the governance of the decentralized autonomous organization (DAO). The token has a current fully diluted market cap of over US$2B with a peak of over US$10B, according to CoinMarketCap.
This partnership aligns with The Sandbox's announced efforts to expand its ecosystem by onboarding new partners. This includes the launch of a content series designed to attract brands and intellectual property to the virtual world, as well as new LAND sales tailored to specific regions and industries. Additionally, The Sandbox plans to introduce flagship neighborhoods that celebrate cultural and geographical diversity within the metaverse. We refer to our press release dated January 14, 2023, the transaction for NFT Tech to acquire Run It Wild is anticipated to close on or before February 24, 2023.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real-estate demand, having partnered with major IPs and brands including The Walking Dead, Atari, Rollercoaster Tycoon, Care Bears, The Smurfs, Shaun the Sheep, and Binance. Building on existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations.
Read the full article here.
No. 2 NFTFF Potential Catalyst - With The Sport Of Golf Booming, NFTFF Sees Huge Potential
NFT Tech Expands Into Golf With Its Unique Approach to Combining Web3 and Live Sports Data
VANCOUVER, British Columbia, January 23, 2023--(BUSINESS WIRE)--NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) ("NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce a strategic focus on golf and collaborating with some of the world’s most iconic golf championships.
Golf joins the ranks of tennis and table tennis in utilizing NFT Tech's innovative technology. This collaboration will span web3 strategy, including digital collectibles, metaverse experiences, and digital experiences that provide new and exciting ways for golf fans around the world to engage with the sport that combines real-time data and sports analytics with digital memberships and blockchain-based rewards.
"We are humbled to be working closely with world-class sporting organizations to oversee innovative and creative web3 initiatives that will redefine the possibilities for golf engagement," said Adam De Cata, CEO of NFT Tech. "There have been plenty of learnings from our AO ArtBall and tennis fans, and we feel super confident that not only can we continue to evolve our tennis project but the opportunity in golf will connect to an even larger sports fan base. We look forward to announcing the various events and broadcasts featuring our technology in the near future."
NFT Tech has pioneered the use of live sports data in combination with NFTs to enhance the fan experience of live sports events. The company has previously announced that its novel approach to building web3 experiences is now going beyond line-calling technology, used across athletics, football, cricket, rugby, and volleyball. This new partnership is a testament to that effort.
According to the National Golf Foundation, the number of Americans playing golf has seen a 10% increase in the last two years, bringing the total number of participants to 37.5 million and the total number of those who followed golf on television or online, read about the game, or listened to a golf-related podcast in 2021 to 106 Million. This is reflected in the fact that the audience for the game has grown both younger and more diverse, says the foundation's statistics.
"Our products are akin to fantasy leagues, where real-world game data is seamlessly integrated with a digital experience, enabling players to actively engage with sports on a frequent basis, and driving their interest in watching more games, due to the performance of their teams," continued Adam. "But what sets our products apart, is that we elevate the experience by providing players with an unprecedented level of utility through digital asset ownership, thereby allowing them to reap rewards beyond the realm of traditional fantasy leagues – this is the future of digital memberships."
Read the full article here.
No. 3 NFTFF Potential Catalyst - Oversold Technicals Signal A Possible Mega-Bounce/Reversal Could Be Nearing
As of close Tuesday, Barchart was reporting this profile to have several oversold leaning technicals.
These technicals could be signaling a healthy reversal may be approaching in the near term.
Here's the definition of a "reversal" from Investopedia:
"A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart."
Now, here are some key technicals (as of close Tuesday) that could signal NFTFF to be leaning oversold and on the verge of a potential reversal.
- 9-Day Relative Strength Index: 27.11%
- 14-Day Relative Strength Index: 32.71%
When these numbers drop down to the 30% range and lower, they can be viewed as being in oversold territory. While in this territory, they can paint the picture of a profile that is undervalued.
- 14-Day Raw Stochastic: 0.32%
- 14-Day Williams %R: 99.68%
As the Raw Stochastic nears the 10% range and lower and the Williams %R nears the 90% range or higher, these technical indicators may also be viewed as oversold and undervalued.
Keep an eye on these technicals closely.
No. 4 NFTFF Potential Catalyst - Added Exposure From An Upgrade To The OTCQB
NFT Tech Announces Upgrade to the OTCQB
VANCOUVER, British Columbia, November 15, 2022--(BUSINESS WIRE)--NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) ("NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce its successful upgrade from the OTC Pink to the OTCQB® Venture Market (the "OTCQB"), a United States trading platform that is operated by the OTC Markets Group Inc. in New York. The common shares of the Company will continue to trade on the NEO Exchange (the "NEO") under the symbol "NFT" and on the Frankfurt Stock Exchange under the symbol "8LO". The Company previously received Depository Trust Company ("DTC") eligibility to support trading on the OTCQB on August 2, 2022. NFT will commence trading on the OTCQB as of the market open on Tuesday, November 15, 2022, under the symbol "NFTFF".
"We are pleased to join over 900 other companies on the OTCQB. We’re pleased with the increased access this will grant to our in-vest-ors and customers who are eager to own a piece of NFT Tech," said Wayne Lloyd, Executive Chairman of NFT Tech.
The OTCQB is recognized by the United States Securities and Exchange Commission (SEC) as an established public market providing public information for analysis and value of securities. As a verified market with efficient access for US in-vest-ors, OTCQB helps companies to potentially build their visibility, expand their liquidity, and diversify their shareholder base on an established US public market. To be eligible, companies must be current in their fi-nan-cial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.
Read the full article here.
No. 5 NFTFF Potential Catalyst - NFTFF Announces It Will Begin Ever-Important Monetization Of Its P2E Dashboard
NFT Tech Initiates Play-2-Earn Dashboard Cashdash Monetization
VANCOUVER, British Columbia, October 13, 2022--(BUSINESS WIRE)--NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO) ("NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce that it will begin monetization of its Play-2-Earn (P2E) dashboard Cashdash.
Cashdash is a P2E dashboard that helps gamers discover new games, allows them to track earnings in real time, and compares those earnings to other games and other players. The platform also has an asset management tool with cryp-to wallet integration and features a unique scoring tool that rates games based on multiple factors. NFT Tech believes Cashdash has the potential to bring significant value to every P2E gamer in the industry.
Cashdash aims to be the CoinMarketCap of the P2E space. CoinMarketCap, which Binance acquired for $400Mn, is one of the first stops for new cryp-to in-vest-ors. CoinMarketCap allows people to track the price of coins in real time and is the cryp-to version of a stock screener. Cryp-to experts believe gaming will be the leading use of NFT assets in five years and will be responsible for the next 100 million users of blockchain technology.
NFT Tech is empowering Cashdash’s monetization through Sherwa, which has been matching players with other players and games since 2019, and has worked with major game developers like Riot Games and Activision. Sherwa has over 1 million downloads with users primarily based in South America, a region that is a major force in P2E games and traditional gaming going back to World of Warcraft and Runescape. In 2011, "gold farmers" who stockpile game currencies to sell to other players, made up 85% of the 3rd party gaming services industry.
"We want Cashdash to be the one-stop shop for every player in the play to earn space," said Wayne Lloyd, NFT Tech Executive Chairman. "Everything from education and information on certain games to asset management and eventually the ability for players to trade items in one game for items in another. As the space matures and the gaming experiences increase, we saw Ubisoft and other AAA developers commit to building play-to-earn games, we think this industry will be a multi-Bn ... opportunity for NFT Tech, and we’re happy to be launching products at such an early stage."
"Gaming will inevitably be linked to NFTs and their success," continued Wayne. "Gamers already interact with NFT-like products via in-game skins, powerups, etc. With hundreds of P2E games launching, players constantly look for the best games to in-vest their time in. We’re excited to be launching this as the first of many web3 products that will empower gamers to understand the market better."
Read the full article here.
NFTFF Recap: 5 Must-Know Potential Breakout Catalysts
No. 1 - Company Enters The Sandbox Metaverse And A World Of Possibilities
No. 2 - With The Sport Of Golf Booming, NFTFF Sees Huge Potential
No. 3 - Oversold Technicals Signal A Possible Mega-Bounce/Reversal Could Be Nearing
No. 4 - Added Exposure From An Upgrade To The OTCQB
No. 5 - NFTFF Announces It Will Begin Ever-Important Monetization Of Its P2E Dashboard
Coverage is officially reinitiated on NFTFF. When time permits, do this: