Net Savings Link, Inc., a cryptocurrency, blockchain and digital asset technology company, announced that the Company has partnered with Metaverse Network LLC (MNC) to launch a pioneer Non-Fungible Token (NFT). Under the terms of the deal, NSAV will receive 50% of the founder’s pool of the token. Additional details of this groundbreaking NFT, including the tokenomics, will be released in the next 10 days. The booming NFT market surpassed $40 billion in 2021 and management expects the growth to continue in 2022.
Last month, NSAV and Metaverse Network announced the launch of the world’s first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions. MetaFi is a finance where users not only receive entertainment, but receive rewards for participation. These rewards are transferable, and can be utilized in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity. All users can buy avatars via NFT’s for greater privacy and security.
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GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.
NSAV further announced that the De-Fi-GameFi venture with Metaverse Network LLC will go public in New York in Q1 2022.
W. Y. Cheung, CEO of MNC stated, “We are very excited to be working with the management team of NSAV. We are very impressed with the advanced technical ability of the NSAV team and we are truly intrigued about the design of this NFT structure.”
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Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “This is another concrete step to commercialize the metaverse relationship between NSAV and Metaverse network. According to public information, Metaverse has the potential to be a $ 1 trillion market, which we can harness from and we believe NSAV should also prepare for this era to arrive.”
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