Gamelancer Gaming Announces Exit Of NFT Business As Well As Name Change - Yahoo Finance

Gamelancer Gaming Announces Exit Of NFT Business As Well As Name Change – Yahoo Finance

Toronto, Ontario–( Newsfile Corp. – September 20, 2022) – Gamelancer Gaming Corp. (CSE: GMNG)(“ Gamelancer” or the “ Company“) introduces that it will certainly take actions to make a note of its non-fungible token (NFT) possessions as well as discontinue operating in the NFT market with a sight of concentrating its initiatives on its various other line of work, specifically its straight media sales via it’s possessed as well as run network of electronic networks, curating short-form video clip web content 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 and also Toronto curating material in-house for customers as well as companies. 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, and also Gamelancer has actually come to be a relied on companion of a few of the biggest brand names on earth to assist them story-tell and also involve consumers by making use of the short-form video clip we generate. It was constantly our intent for NFTs to be a product our clients can pick as a choice to advertise their projects, nonetheless we have witness substantial decline in the need for NFTs, and also therefore we are going down the item from our offering. Gamelancer is a media-first home entertainment business aiding brand names as well as companies involve the young people & young person target market on TikTok, Instagram and also Snapchat.” – Jon Dwyer, Chairman & CEO – Gamelancer Gaming Corp.

Furthermore, the Company delights in to reveal that has actually started the procedure to alter its name to “Gamelancer Media Corp.” (the “ Name Change“) as well as will certainly submit a modification notification to transform the name of the Company. The usual shares are anticipated to start 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 enjoyment business on the Canadian Securities Exchange, is an expanding mobile concentrated social media sites network in video gaming – creating over 1 billion+ regular monthly video clip sights throughout its 27 possessed as well as run networks. With over 28,000,000 fans on TikTok, Instagram, as well as Snapchat, mainly situated in the United States, Canada, the UK, as well as Australia, Gamelancer markets straight and also programmatic media throughout its network to the globe’s biggest brand names. With sophisticated customer information analytics, we give our target market curated material appropriate to the GenZ & Millennial video gaming area, which enables brand names unequaled accessibility to the biggest media supply in pc gaming throughout TikTok, Instagram, as well as Snapchat. Gamelancer likewise