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NextPlay Technologies Acquires Assets and IP of Casual Game Publisher, goGame, to Integrate its HotPlay In-Game Advertising Technology

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SUNRISE, FL, Apr 20, 2022 - (ACN Newswire) - NextPlay Technologies, Inc. (Nasdaq: NXTP), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has completed its previously announced acquisition of gaming assets and IP from goGame, a Singapore-based mobile casual video game publisher and technology company.

The acquired assets include goPlay, a new-gen game publishing platform featuring a tournament system, chat, payment, and 37 casual games ranging from arcade to strategy. NextPlay plans to complete the integration of its HotPlay in-game advertising (IGA) technology into the 37 goPlay games by year-end.

NextPlay also acquired from goGame a perpetual license to goPay, a payment aggregator that offers game developers multiple ways to more easily collect and process user payments. This includes carrier billing, over the counter, e-voucher, bank transfer and e-wallet. The goPay technology further extends NextPlay's existing payment services, offering access to a wider array of global payment providers.

"The key value for us in this acquisition is how the goPlay platform enables gamers to form a community within its ecosystem," noted NextPlay co-chief executive Nithinan (Jessie) Boonyawattanapisut. "We see this providing a ready-made platform to launch our HotPlay IGA technology, with this leading to new revenue streams and expansion of our reach to users in many additional countries around the world."

As a fully owned brand, goPlay brings Nextplay:

- Web destination for players to gather and engage in social play across a catalogue of well-crafted, hyper casual games.
- Set of new technologies and APIs, such as social graph, chat, and game tournament backend services, for integration into the company's advertising and game services offering and delivered via its core game software development kit across web, set-top box, and mobile platforms.
- New revenue stream through goPay payments and ability to harness exciting new partnerships in key areas of NextPlay's broader market focus, such as NFT gaming and cryptocurrency.

goPlay and goPay offer a core set of compelling features that are perfect for a wide variety of platform partners who will be able to sign up under an Open Beta this summer. The goGame offerings will become part of the NextPlay suite of customizable products that can be tailored to fit the individual needs and capabilities of B2B and B2C operators across the globe.

NextPlay also plans to introduce goPlay game users to its NextFinancial fintech-oriented products, including crypto banking, micro-lending, and potential insurance services. Across each of these offerings, NextPlay would also have full access to goGame's payment processing gateway goPay.

For further details about the NextPlay's asset and IP purchase from goGame, please see the NextPlay Form 8-K filing with the U.S. Securities and Exchange Commission at www.sec.gov, and also available in the nextplaytechnologies.com investor relations section.

About goGame

Go Game Pte Ltd is a game company headquartered in Singapore, with offices in Malaysia, Philippines, Taiwan, Thailand, and Vietnam. Founded in July 2015 by industry veteran David Ng, the company first made headlines for securing major investments from gaming giant SEGA and venture capitalist Incubate Fund Japan. The 200-strong team has collaborated on projects with SEGA, Disney, Colopl and Viacom. For more information, visit gogame.net

About NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, beliefs or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence and voting control over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of our recent acquisitions of Longroot Holding (Thailand) Company Limited (Longroot), HotPlay Enterprise Limited (HotPlay) and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with the integration of the operations of HotPlay, Longroot and IFEB, which acquisitions we recently competed; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Source: NextPlay Technologies, Inc.

Company Contact:
NextPlay Technologies
Richard Marshall
Director of Corporate Development
Tel (954) 888-9779
rmarshall@monakergroup.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comNextPlay Technologies, Inc. (Nasdaq: NXTP), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has completed its previously announced acquisition of gaming assets and IP from goGame, a Singapore-based mobile casual video game publisher and technology company.

AEX ASwap to launch stablecoin genesis mining activity to earn rewards without risks

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionAEX Global is accelerating its expansion of the business worldwide. AEX ASwap will launch stablecoin genesis mining activity on April 12, 2022. Swap GMT with stablecoins for free, up to 1,500%+ APR for genesis mining. New users deposit stablecoins into ASwap liquidity pool to participate in GMT genesis mining activity(4/12 10:00 – 4/17 10:00). The […]

Shiba Inu can reject this bearish disposition only if…

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionOn its way up from its January lows, Shiba Inu (SHIB) buyers steered the overall outlook in their favor. The sellers are now building up tension at the $0.024-level resistance. (SHIB prices are multiplied by 1000 from here, for brevity) A sustained close below the long-term liquidity range (Point of Control/POC) would set SHIB for […]

Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles

get-ready-for-a-bitcoin-short-squeeze?-long-traders-pile-up-as-btc-struggles

Bitcoin has been hinting at lower levels during today’s trading session. The benchmark crypto was rejected at around $48,000 and has been unable to reclaim its previous highs. Related Reading | Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin At the time of writing, Bitcoin trades at $43,100 with a 1% and…

The post Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles appeared first on Bitcoin News Miner.

ElkNet v2 Set to Launch on April 9th for Token Upgrade & First Governance Vote

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MADRID, SPAIN, Apr 7, 2022 - (ACN Newswire) - Elk Finance which is a decentralized network for cross-chain liquidity has announced the launch of its ElkNet v2 upgrade. ElkNet v2 is the first fully functional version of the ElkNet protocol, with security and efficiency as its highlighting upgrades.

For more details, please visit Introducing: ElkNet v2 (Overview, Token Migration & Governance) | by Elk.Finance | Elk Finance | Mar, 2022 | Medium https://bit.ly/3ujn9D9

The upcoming ElkNet v2 upgrade will be secured by design with various security checks and transfer limits in place. It will work on a cross-chain triangle model where security, speed, and cost will be balanced within the network to enhance user experience.

Cross-chain messaging is one of the highlighting features of ElkNet v2 which will allow outside developers to deploy cross-chain smart contracts and web3 applications.

ElkNet v2 is a ground-breaking cross-chain architecture based on a system of token "reservoirs" that are installed on each chain supported by ElkNet.

ElkNet Reservoirs will improve transparency, minimize custodial risk, and reduce smart contract vulnerabilities all at the same time.

Another interesting part of the ElkNet v2 upgrade is the deployment of a new ELK token contract which is a pre-requisite to installing the ElkNet Reservoirs. In order to take advantage of the new features and network operations, users must upgrade to ElkNet v2 from the Elk dApp.

As part of the ElkNet v2 upgrade, the first official governance vote will also be initiated. A significantly revised ELK tokenomics framework will be presented to users for approval.

The first vote will be placed during the token upgrade and the token update will be followed by a poll about each of the new token contracts, with the results being published on the blockchain.

Detailed information about the ElkNet v2 upgrade is available in the above-mentioned medium article.

Summary

Elk Finance is going to launch its ElkNet v2 upgrade on April 9th, 2022, with upgrades including an ELK token upgrade, first governance vote, ElkNet Reservoir System, and many other updates.

Social Links
Twitter: https://twitter.com/pyropyrosquid
Telegram: https://t.me/elk_finance_chat/
Discord: https://discord.com/invite/D68vrXgXXZ
Medium: https://medium.com/elk-finance

Media contacts
Pyro, CMO, Elk Finance
E: pyro@elklabs.org
U: https://elk.finance/

SOURCE: Elk Finance

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comElk Finance which is a decentralized network for cross-chain liquidity has announced the launch of its ElkNet v2 upgrade. ElkNet v2 is the first fully functional version of the ElkNet protocol, with security and efficiency as its highlighting upgrades.

Cryptocurrency & Bitcoin IRA Tax Rules | Bitcoin IRA

How Is Crypto Taxed in the United States? It’s important for investors, including those with cryptocurrency IRAs, to understand how taxes affect their accounts. Cryptocurrencies are treated as property according to the IRS, just like many other investments. Every sale may cause a taxable event, with only a few exceptions. But if you hold your […]

The post Cryptocurrency & Bitcoin IRA Tax Rules | Bitcoin IRA appeared first on Bitcoin IRA | Official Bitcoin Retirement Account Investment.

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ZooKeeper dApp to Launch on Avalanche

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Press Release: Yield-farming dApp ZooKeeper is launching on Avalanche on the 3rd of April, enabling users to take advantage of both networks by cross-chain transferring their $ZOO tokens, and ZooNFTs.    4th April 2022, GENEVA, Switzerland — ZooKeeper is delighted to announce that its dApp is officially coming to the Avalanche network. ZooKeeper is the […]

The post ZooKeeper dApp to Launch on Avalanche appeared first on Bitcoin PR Buzz.

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Resintech Bhd Proposes Bonus Share and Warrant Issues

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KUALA LUMPUR, Apr 1, 2022 - (ACN Newswire) - Resintech Berhad (7232; RESINTC), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), has today proposed a bonus issue of up to 50,308,463 new ordinary shares on the basis of 1 bonus share for every 3 existing Resintech shares as well as a proposed bonus issue of up to 100,616,926 free warrants on the basis of 1 warrant for every 2 existing Resintech shares.

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Dato' Dr. Teh Kim Poo, Managing Director of Resintech Berhad

The entitlement date for the bonus issue of new ordinary shares will be determined and announced later by Resintech's Board of Directors ("the Board") while the entitlement date for the bonus issue of free warrants will be determined and announced later by the Board based on the names of shareholders appearing in the Company's record of securities holders.

The bonus shares will be entitled to the bonus warrants as the proposed issue of warrants will be implemented following the completion of the proposed bonus issue of shares.

Managing Director of Resintech, Dato' Dr. Teh Kim Poo said, "The proposed bonus issue of shares and warrants is to reward shareholders as the increase in the number of shares come at no cost to existing shareholders while the warrants enable them to participate in the derivative of the Company's shares at no cost and at the same time provide them with an opportunity to increase their equity participation through exercising their warrants."

"The bonus share issue will also improve trading liquidity of Resintech shares through increasing the number of shares issued while the warrants will strengthen the Company's capital base and shareholders' funds as and when they are exercised."

Resintech recently signed a Memorandum of Understanding to acquire a 30% stake in Bionutricia Holding Sdn. Bhd. ("Bionutricia") from the controlling shareholders for the sum of RM8.7 million.

Bionutricia is a biotechnology firm specialising in the production and commercialisation of plant- and fruit-based extracts and active fractions from local herbs through advanced nano-biotechnology processes.

Resintech Bhd: 7232 / [BURSA: RESINTC] [RIC: RESN:KL] [BBG: RESI:MK]
Resintech Bhd: https://resintechmalaysia.my/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comResintech Berhad (7232; RESINTC), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), has today proposed a bonus issue of up to 50,308,463 new ordinary shares on the basis of 1 bonus share for every 3 existing Resintech shares as well as a proposed bonus issue of up to 100,616,926 free warrants on the basis of 1 warrant for every 2 existing Resintech shares.

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability – Finance Bitcoin News

Layerzero Labs, the agency behind the interoperability protocol Layerzero, has revealed the corporate has raised $135 million in a Series A+ finance spherical led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ total valuation to $1 billion and the funds might be leveraged to develop cross-chain decentralized functions […]

The post Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability – Finance Bitcoin News appeared first on Bitcoin Upload.

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia

nequiNequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto […]

Avalanche [AVAX]: Mapping out the odds of a continued uptrend

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionAfter observing a swift up-channel (yellow) rally for over three months, Avalanche (AVAX) struck its ATH on 21 November. Since then, it marked a four-month bearish trendline resistance that the bulls recently flipped to support. Now that it closed above its long-term liquidity range (Point of Control/POC), AVAX eyed to test the $95-$98 zone before […]

Blockpass, Lykke Partnership Integrates Zero Fees Exchange, Adds $PASS/USD

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HONG KONG, Mar 29, 2022 - (ACN Newswire) - Blockpass is excited to announce that the long-standing association between Blockpass and cryptocurrency exchange Lykke will be strengthening. As the first step in this process, the PASS/ETH pair was delisted and replaced with the brand new opportunity of PASS/USD.

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Lykke's mission is to build a new ecosystem for the outdated finance industry by leveraging the power of the blockchain. As a cryptocurrency exchange, Lykke has drawn acclaim and attention with its incredible zero trading fees and tiny buy-sell spreads for high-frequency trading. Catering to all types of clients in B2C and B2B markets - retail, API, business and others - Lykke has been a key player in the cryptocurrency exchange scene since its Lykke Wallet Cryptocurrency Exchange was launched in 2015. With no trading fees, no crypto deposit fees or limits, no inactivity fee and a solid base of liquidity, Lykke has been going from strength to strength. The zero-fee policy even applies to trading with bots used for algorithmic trading. Through its marketplace, Lykke offers unique financial products and empowers both retail customers and financial institutions to invest with no intermediaries, low cost and ease of use.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently with more than 500,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date over 3,000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles.

"Our work with Lykke goes all the way back to 2017 when Lykke was one of the first exchanges to list PASS," said Adam Vaziri, Blockpass CEO. "We've been looking forward to developing our relationship for a while and we're excited to provide a more current pair listing for PASS at the same time."

"We listed PASS back in 2017, inspired by the potential of the company and its vision. Since the beginning, we recognized the importance of KYC and AML compliance foreseeing the adoption of blockchain technology by masses and institutions. Since then, Blockpass has created a whole KYC ecosystem. We are excited to see this progress and happy to continue our collaboration," said Richard Olsen, Lykke CEO.

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.

About Blockpass
Blockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network - a decentralized oracle solution - last year, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. Additionally, Blockpass' partnership with Animoca Brands has demonstrated how verification and adherence to standards can be proved on a blockchain without revealing any underpinning data - a significant boon for verifying Animoca Brands' NFT prize winners and a huge step towards securing the ecosystem of the Metaverse. The Blockpass App is available from the App Store and Google Play.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: https://www.blockpass.org/
PASS Token home: https://www.passtoken.org/
Email: sales@blockpass.org

About Lykke
Lykke is an umbrella name for a group of fintech companies with the headquarters in Switzerland and a subsidiary in the UK. The companies of the group operate on a B2B and B2P level and offer a wide range of products and services powered by blockchain technology. Lykke Core is the company based in the UK and running the Lykke Wallet zero fee cryptocurrency exchange. The trading platform was launched in 2015 and since then has gained the reputation of a reliable and secure trading venue with optimal trading conditions: 20+ assets, tight spreads, solid liquidity and zero trading and bank deposit/withdrawal fees. These conditions are the same for all kinds of traders independently of the volume they produce. The mission of the company is to truly democratize finance by creating a level playing field where the laymen have the same conditions that the whales enjoy in traditional finance. To start trading with these conditions just visit the company's website and get registered today. Apart from the cryptocurrency exchange, the group of companies produces and commercializes blockchain software solutions for governments and businesses, such as banks, financial service and product providers, and others. The role of Lykke Business, a Swiss entity within the group, is key in this aspect.

For more information please visit:
Lykke website: https://lykke.com
LB website: https://lykke-business.ch
Email: pr@lykke.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThis week, Blockpass is excited to announce that the long-standing association between Blockpass and cryptocurrency exchange Lykke will be strengthening. As the first step in this process, the PASS/ETH pair was delisted and instead replaced with the brand new opportunity of PASS/USD.
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