Gamelancer Gaming Announces Exit Of NFT Business And Also Name Change - MarketWatch

Gamelancer Gaming Announces Exit Of NFT Business And Also Name Change – MarketWatch

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Toronto, Ontario, Sep 20, 2022 (Newsfile Corp using COMTEX)– Toronto, Ontario–( Newsfile Corp. – September 20, 2022) – Gamelancer Gaming Corp. (CSE: GMNG)(“ Gamelancer” or the “ Company“) introduces that it will certainly take actions to jot down its non-fungible token (NFT) properties as well as discontinue operating in the NFT market with a sight of concentrating its initiatives on its various other industries, particularly its straight media sales with it’s possessed and also run network of electronic networks, curating short-form video clip material for brand names as well as media companies.

” Gamelancer has the biggest network of pc gaming concentrated networks on TikTok around the world[1], with workshops in Vancouver as well as Toronto curating material in-house for customers as well as firms. We transmit material our customers employ us to generate, together with viral video clips which live natively on our networks. Short-form media like the video clips we see on TikTok and also Instagram Reels, is the future of media, as well as Gamelancer has actually come to be a relied on companion of several of the biggest brand names in the world to aid them story-tell as well as involve clients by making use of the short-form video clip we create. It was constantly our intent for NFTs to be a product our consumers might pick as an alternative to advertise their projects, nevertheless we have witness considerable reduction in the need for NFTs, and also therefore we are going down the item from our offering. Gamelancer is a media-first enjoyment firm assisting brand names and also companies involve the young people & young person target market on TikTok, Instagram as well as Snapchat.” – Jon Dwyer, Chairman & CEO – Gamelancer Gaming Corp.

Furthermore, the Company delights in to reveal that has actually begun the procedure to transform its name to “Gamelancer Media Corp.” (the “ Name Change“) and also will certainly submit a change notification to transform the name of the Company. The usual shares are anticipated to begin trading under the brand-new name “Gamelancer Media Corp.” on or around September 27, 2022, under the Company’s present icon GMNG.

About Gamelancer

Gamelancer Gaming Corp. an openly traded home entertainment business on the Canadian Securities Exchange, is an expanding mobile concentrated social media sites network in pc gaming – creating over 1 billion+ month-to-month video clip sights throughout its 27 had and also run networks. With over 28,000,000 fans on TikTok, Instagram, and also Snapchat, primarily situated in the United States, Canada, the UK, as well as Australia, Gamelancer offers straight and also programmatic media throughout its network to the globe’s biggest brand names. With sophisticated customer information analytics, we offer our target market curated material appropriate to the GenZ & Millennial video gaming area, which permits brand names unequaled accessibility to the biggest media supply in pc gaming throughout TikTok, Instagram, and also Snapchat. Gamelancer likewise generates income from throughout its range of Snapchat Gaming networks with regular monthly repeating income in collaboration with Snapchat.

For additional details, please call:

Jon Dwyer, Chairm