Tag: acquire
PIQSOL Holdings to Launch the First-Ever Solana-based Fractional NFT Marketplace
The firm has brought forth the project to make NFTs more accessible to users. The marketplace will be similar to OpenSea, but it will also offer trades of fractional digital assets worldwide.
Piqsol has identified how the crypto-based niche of NFTs is growing into the world's financial scene. Therefore, they aim to give interested parties from any part of the world an equal chance to acquire a part of the hottest trend in the cryptoverse right now. Fractional NFTs will ensure that it is possible by giving people who may not afford these assets an opportunity to own them.
Currently, lucrative NFTs have accumulated values that could be beyond the pockets of most merchants. For instance, purchasing a BAYC NFT could cost a fortune, discouraging people from making the ‘buy' step. According to recent statistics, NFTs could be sold for values as high as $91M, an example of how expensive they are. In 2021, Dappradar revealed that the NFT trading volume in the third quarter of the year hit over $10B. These values are undoubtedly discouraging for people who do not bag the regular million-dollar income.
Such barriers birthed the ideology of creating fractionized NFTs to make it possible for several parties to own tokenized assets. That way, the owner of the NFT can seamlessly distribute parts of their assets in terms of tokens according to their contributions.
Piqsol plans to solve such issues by creating a marketplace where users will circumnavigate the issue that is buying these ‘high valued' digital assets. Additionally, the startup assures merchants that the marketplace will not be as challenging to use as the digital marketplaces available in the industry nowadays.
“The PIQSOL project will revolutionize NFT adoption for the masses, it not just reduces costs it drastically reduces the learning curve” explained Priven Reddy, Founder of PIQSOL. “This is the world's first fractional Solana NFT marketplace and it is huge for the industry and creates new revenue streams, new onramps, and a move towards fractional ownership that was never really within the reach of newbies, the lower-income, or middle-class consumers. It truly democratizes high-value NFT ownership.”
Pisqol has also given an insight into how the NFT marketplace will look like, revealing the availability of options like buying, selling and minting NFTs. Other features include a multichain minting network and an NFT authenticity service provided by a highly acclaimed third-party security service provider.
The platform is also planning to launch its token, dubbed PIQSOL, which will help holders to access fractional NFTs with high growth potential easily.
About PIQSOL Technology Holdings
Piqsol holdings is a technology firm seeking to provide the global market with solutions to problems that curb NFT trades. The company entails a tech-oriented team with over 15 years of experience in developing softwares and mobile applications. Their long term plan is to integrate its utility token, PIQSOL, into the metaverse and other gaming platforms. Piqsol has announced an imminent limited offering pre-sale that will commence at an unannounced date this February.
To find out more about Piqsol's future plans, visit their social media handles and website via the following links;
| Facebook | Twitter | Instagram | Discord | Telegram | Reddit | YouTube | Website |
Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC
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The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.
Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity." The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.
Bryan Feinberg, CEO and Founder of Etheralabs said, "Wikisoft's capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft's entry into the global blockchain market and look forward to our ability to leverage Wikisoft's unique architecture and data environment into an active and vibrant venture community."
About Etheralabs LLC
Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io
About Wikisoft Corporation
In today's fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.
In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.
CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: investor@wikisoft.com
Investor site: www.wikisoft.com
SOURCE: WikiSoft Corp.
FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWikisoft Corp. today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.
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