repoman
1 year ago
Australian Resimax Group Signs On For Web 3.0 Brand Activation With Marvion
PR Newswire
SINGAPORE, Feb. 7, 2023
SINGAPORE, Feb. 7, 2023 /PRNewswire/ -- Metaverse Blockchain company Marvion, a fully owned subsidiary of Bonanza Goldfields Corp. (OTC:BONZ), is pleased to share that Resimax Group, one of Australia's most dynamic and diversified property groups, has signed on with Marvion to kickstart its Web 3.0 brand activation initiatives to tap into the fast growing Web 3.0 market.
Resimax's Brand Activation Campaign with Marvion
Resimax Group is one of Australia's largest privately-owned property groups. They provide fully-integrated specialists in end-to-end services from land acquisition through to project marketing and property management. With the agreement in place, Resimax Group will be minting and selling digital ownership tokens (DOTs) as part of its DOT Brand Campaign.
Marvion will facilitate the design and creation of artworks for the purpose of minting of DOTs, as well as mint a collection of digital ownership tokens. The DOTs will be created by utilising distributed ledger technologies and non-fungible token ("NFT") technology with a unique identifier to reflect the digital ownership title to a tangible or an intangible asset by embedding legally binding ownership documentation into the metadata of the DOT and securing such metadata on a blockchain. The DOTs will be on sale on Marvion's Metastudio.
Commenting on Resimax's Web 3.0 brand activation campaign with Marvion, Ken Dodds, Director of Resimax Group said, "Over the past decade, Resimax Group has established itself as one of Australia's most dynamic and innovative businesses. We've also earned a reputation for providing property investors with outstanding opportunities while maintaining
a firm property focus, and still successfully managed to diversify into a range of affiliated industries including investment, volume building, property management and development. With the Web 3.0 brand activation campaign in place, we look forward to tap into the greater Web 3.0 market to reach out to more customers with our innovative property offerings."
Andrew Ladd, Director of Sales and Marketing at Resimax Group added, "We are very excited to be working with Marvion to further upgrade our existing RGI Rewards program with the use of blockchain and smart contracts. Our RGI Rewards program have been running since 2019 and we have close to 4,000+ international members and we look forward to working with Marvion to give more value to our members and community."
Raymond Chua, CEO of Marvion summed up the collaboration with Resimax Group by saying, "We are glad to have Resimax Group onboard for the Web 3.0 brand activation campaign. As this is a new business initiative from Marvion offering business solutions to companies who envisage themselves delving into the Web 3.0 space, we are fully focused on tapping on our expertise and technology know-how to achieve successful results for our clients. Through Marvion's "Brand Activation Campaign", we aim to provide an end-to-end service to help businesses adopt and responsibly implement blockchain technologies to add value to their business as a whole."
For more information on Marvion and its metaverse offerings, please visit www.marvion.media.
repoman
1 year ago
OTC DISCLOSURE & NEWS SERVICE
Total Revenue for the first nine months of 2022 spikes 3,681% to $6.5 Million as Compared to the Prior Year
Press Release | 11/10/2022
Total Revenue for the first nine months of 2022 spikes 3,681% to $6.5 Million as Compared to the Prior Year
PR Newswire
SINGAPORE, Nov. 10, 2022
The media and entertainment segment of the Group is showing strong growth for the first nine months. On a quarter-to-quarter basis, revenue jumped from US$13,677 in 2021 Q3 to US$5,421,280 in 2022 Q3 – resulting in a 39,638% increase
SINGAPORE, Nov. 10, 2022 /PRNewswire/ -- Metaverse Blockchain company Marvion, a fully owned subsidiary of Bonanza Goldfields Corp. (OTC:BONZ), is pleased to announce that the Group has released the latest financial results for 2022 Q3.
Some of the financial highlights are:
For the nine months ended September 30, 2022, BONZ generated revenue of US$6,515,287 and had about US$5.22million worth of media inventory and US$25,711 cash on hand. The comprehensive loss for the first nine months was US$9.62million with technology and development cost (of about US$8.73million) contributing to most of the expenses.
For the first 9 months, there were 3 revenue sources – sale of licensed IP right and media products, transaction fee income and consulting service income; with each source contributing approximately US$6.37million, US$117,843 and US$24,735, respectively. The sale of licensed IP right and media products as well as transaction fee income are new revenue engines while consulting service income dropped from US$177,017 in 2021 to US$24,735 for the corresponding period in 2022. This shows that the company is moving away from the non-scalable consulting service to a more scalable business model.
Commenting on the 2022 Q3 results, Raymond Chua, CEO for Marvion, said, "The team has worked hard for the last few months and I think the results speak for itself. We aim to build upon these results to keep Marvion growing to the next level. From the expense perspective, we have been investing quite heavily in technology development and we are confident that these investments will pay dividends in the long run."
"The company has planned a strong pipeline of products and we look forward to bringing them to market in due course. At the business development end, I have worked with the team to line up a strong pipeline of customers. All in all, I am really looking forward to rolling these products and services out, and I strongly believe that we will see our market share in the Web 3.0 grow in the coming months," Raymond added.
For more information on Marvion as well as the latest 10Q results, please visit www.marvion.media.
repoman
2 years ago
Partnership between Talk+ and Marvion™? to promote using Marvion's Polygon DOTs in the Talk+ app
Press Release | 08/10/2022
Partnership between Talk+ and Marvion™? to promote using Marvion's Polygon DOTs in the Talk+ app
PR Newswire
SINGAPORE, Aug. 10, 2022
SINGAPORE, Aug. 10, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC:BONZ) is pleased to announce that the wholly owned subsidiary, Marvion™?, has signed a Memorandum of Understanding (MOU) with Talk+, to jointly promote the use of Marvion's Polygon DOTs in the Talk+ app.
Users of Talk+ app can use MarvionTM's Polygon chain DOTs for exclusive group chat. The benefits of the partnership include but are not limited to:
Eco-friendly transaction using the Polygon chain;
Providing user with additional channel for transaction; and
Cryptocurrency security.
According to a survey released by Visa, nearly one-third of Hong Kong people have knowledge of cryptocurrencies, reflecting the escalating use of cryptocurrency. Visa also stated that during its recent earnings call, customers made $2.5 billion in payments with its crypto-linked cards in the first fiscal quarter of 2022. Hence, a secure, user friendly, fast and diverse cryptocurrency wallet is in high demand.
TALK+ is the first application in Hong Kong that integrates instant messaging communication and cryptocurrency wallet functions. It was developed by the founder Stark Chan. TALK+ differs from other electronic wallets in that it has multiple functions, including combining wallets and instant messaging application: users can easily, quickly, and accurately transfer cryptocurrencies to friends through the address book at anytime, anywhere. Most importantly, users do not need to ask the other party to submit their transfer address in the transaction process, which provide a higher level of user privacy. User can save on expensive handling fees and transaction time, and the encrypted currency will be instantly credited to users' Talk+ account. Concurrently, e-wallet in Talk+ supports a variety of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Dogecoin (DOGE), and you name it.
The Talk+ crypto wallet is divided in two parts: Decentralized Finance (DeFi) and Hot Wallet. The DeFi wallet allows user to have their own key in their mobile. No one is permitted to have users' asset custody, let alone to transfer their digital asset. Apart from the above, DeFi wallet in Talk+ app is a one-click access to most blockchain service platforms. The Hot Wallet provides a cross-chains bridge to users, connects third-party C2C ("Customer to Customer) user trading platform, and support different blockchain networks including BEP-20, ERC-20, TRON. User can ride on Talk+ to transfer their cryptocurrency from one blockchain to another.
Talk+ is a user friendly cryptocurrency wallet application, allowing both new and veteran cryptocurrency users to manage their blockchain accounts easily. It allows users to access the metaverse and decentralized financial services as a global hub. TALK+ implements a "Know your Customer" ("KYC") system, requires real-name authentication to connect to other cryptocurrency sales service providers,, ensuring strict financial security and preventing illegal activities. By integrating Talk+ into the MarvionTM solution, MarvionTM can provide users with a safe and trustless cryptocurrency transaction environment, while maintaining a high standard of compliance with Anti-Monday Laundering (AML) and Counter Terrorist Financing (CTF) practices.
Talk+ app charges a low transaction fees which is waived during the promotional period. Talk+ app has collaborated with "Transak", a world-renowned fiat-to-crypto payment gateway, which allows users to purchase crypto currencies with credit cards easily. It is user friendly for those who are not crypto savvy. As of today, Talk+ stores 95% of users' cryptocurrency in offline cold wallets, and only 5% will remain in an online hot wallet to minimise losses in the unlikely event that the system is compromised. The partnership between Talk+ and MarvionTM also promotes ESG through the use of the Polygon chain worldwide.
Kevin Tan, CEO of BONZ commented, "We are committed to developing the world's best DOT product for intangible assets in our bid to disrupt the digital asset community by facilitating an efficient and secure crypto transferring and messaging platform. Adopting Polygona (MATIC) in Talk+ app allows us to providea much better user's experience. It is a critical milestone to make NFT easily accessible to a broader user base with Talk+."
For more information on Marvion™? and its h-DOT offerings, please visit www.marvion.media.
repoman
2 years ago
Marvion™? achieved high demand and successful sales of the first batch of 5 movie remake license DOTs
Press Release | 07/26/2022
Marvion™? achieved high demand and successful sales of the first batch of 5 movie remake license DOTs
PR Newswire
SINGAPORE, July 26, 2022
With revenue exceeding US$2.6 Million TRIGGERS THE LAUNCH of the second batch of DOTS
SINGAPORE, July 26, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC:BONZ) is pleased to announce that Marvion™? will be launching the second batch of 500 movie remake hybrid DOTs for sale on its MetaStudio soon in order to cater to ever growing for our hybrid DOTs.
Upon the premier launching our first movie remake license Digital Ownership Tokens (DOTs) in late June, MarvionTM is thrilled to report that sales of the premier launch have exceeded the USD2.6 million revenue within a month of its initial launch. The premier minting only represented the first batch of 5 movie remake licenses DOTs, including
The Sparkle in The Dark (2007/Action);
Toothless Vampires (1987/Drama);
A Wondrous Bet (2005/Comedy);
Sweet revenge (2006/Eternal); and
Ghost Story of Kam Pin Mui.
Marvion™? continues to pioneer the Web 3.0 space by creating an ecosystem for Intellectual Property (IP) licensing business. We believe that the IP licensing market will continue to gain traction in the near term our DOTs and MetaStudio market will continue to revolutionize the IP market by making it easily accessible to IP collectors and passionate content creators. Prospective buyers will now have the entire IP licencing market accessible at their fingertips by being able to surf through a variety of IPs in our MetaStudio and purchase them as DOTs in just a few clicks. The recent first batch launch of our flagship project illustrate the limitless potential of our DOTs and our MetaStudio market platform.
We are therefore excited to announce the minting and gradual release of the second batch of 5 movie remake with 500 license DOTS to further enhance fan engagement in the digital realm. Fans will be able to purchase the DOTs on Marvion TM multiverse platform using BNB for the first time.
The next 5 movies include the following Hong Kong classics:
A Girl Boxer (2004/Action);
Haunted School (2001/Horror);
Roaring Dragon Bluffing Tiger (2003/Action);
PTU File-Death trap (2005/Action); and
Blue Moon Story(2009/Romance).
The total value of the DOTs available for sale from the release of the second batch is estimated to exceed US$3,100,000, an increase of 20% in value from the first batch.
These hybrid-DOTs will be minted on both the Binance Smart Chan (BSC) and the Polygon chain at https://buy.marvion.media/en/marvion-ip-remake
Commenting on the upcoming second launch on IP Remake, Kevin Tan, CEO of Marvion™? said, "We are extremely encouraged by the positive results following the sales of our first set of 500 movie remake license DOTs on Marvion TM. In accordance with the company's vision for DOTs, this h-DOTs will continue to offer a more immersive and memorable experience captured on the blockchain for our members,. We are confident that our concept of offering remake licences through the use of the h-DOTs will disrupt the traditional way of licencing in the movie industry."
"We believe that IP movie remake plays an integral role in the revitalization of classic films for both the current generation and beyond as it will allow more and more people to look back at classic storylines but in an updated modern setting/cinematography.", says Ms Marsella Cheng, PR director of Marvion™?.
For more information on Marvion™? and its h-DOT offerings, please visit www.marvion.media.
twitchy
2 years ago
Until I see massive dilution, I'm not too worried about the AS. Yes, bumping up the AS likely means dilution, but it doesn't mean BONZ is going to max it out. If I owned an OTC company, I would probably just do one massive increase to the AS too, instead of upping it every time I needed to. Considering the revenue already being generated, if dilution is what it takes to increase revenue exponentially, it's well worth doing.
mike_long
2 years ago
<<I'm not a financial wizard though, so I could be way off here.>>
Your math seems right, but are you taking into consideration that the # of
authorized shares is 300,000,000,000 (11 zeroes).
This stock is now PRIMED for massive dilution and then a R/S. Which is sad.
Since it survived more than a decade without a R/S, which is so common with
these penny stocks..
R/S is inevitable. Just a matter of time.
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