NextPlay Technologies Adds Two More Games to Its Portfolio of Cross Platform Titles
September 30 2022 - 10:30AM
via NewMediaWire --
NextPlay Technologies, Inc. (Nasdaq:
NXTP), a digital native ecosystem for finance, digital
advertisers, and video gamers, announced today the continuing
progress made by its HotPlay in-game advertising group and game
studio with the completion of two more hyper casual games, further
expanding its game portfolio in advance of its proprietary in-game
advertising solution’s commercial launch expected later this year.
Hotplay’s games studio has completed two more hyper casual
titles, Pup's Up! and Cannon Crash. Both games will be available
cross-platform for web browsers, native mobile (iOS, Android) and
Android TV (playable with a TV remote).
In Pup's Up!, gamers exercise their manual dexterity to
negotiate obstacles along a 3D infinite runner path. Jump, dodge,
slide, and carve a path through ever increasing difficulty towards
the top of the high score leaderboard. Players unlock new and cute
characters and environments by collecting coins along the way. As
standard in portfolio games, Pup's Up! integrates the building
blocks of Pecan Universal UI, IGA Ads, and IGA Rewards.
Cannon Crash is a fun shooter game in the 2D Arcade genre.
Players battle bouncing boulders, shooting bullets to avoid getting
overrun and crushed. Bullets come in various types with their own
effects and effectiveness and can be obtained through loot drops
during gameplay. High scores are the ultimate goal in order to
climb the leaderboard. Digital coins can be collected to unlock
characters and environments in the game's shop. IGA Ads and Rewards
are also integrated ready for the In Game Advertising Open Beta,
due to release this quarter.
Both games will be added to the dozens of games in the HotPlay
Casual Game portfolio that will be available in the GoPlay platform
commercial launch later this year.
About NextPlay TechnologiesNextPlay Technologies, Inc.
(Nasdaq: NXTP) is a technology solutions company offering games,
in-game advertising, crypto-banking, and digital banking solutions
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 StatementsThis 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 including, and not limited to, our ability
to negotiate and enter into definitive agreements with those
parties that we have entered into preliminary non-binding
agreements with; our ability to effectively and efficiently
integrate our recently acquired assets into our business; 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; current regulation
governing digital currency activity is often unclear and is
evolving; the future development and growth of digital currencies
are subject to a variety of factors that are difficult to predict
and evaluate, many of which are out of our control; the value of
digital currency is volatile; 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 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; if we do not adequately
protect our intellectual property, our ability to compete could be
impaired; our business is susceptible to risks associated with
international operations; unfavorable changes in, or
interpretations of, government regulations or taxation of the
evolving Internet and e-commerce industries, which could harm our
operating results; risks associated with the operations of, the
business of, and the regulation of, Longroot 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; 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 fourth 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 Contacts:
NextPlay Technologies, Inc.Richard MarshallDirector of
Corporate DevelopmentTel (954) 888-9779Email:
richard.marshall@nextplaytechnologies.com
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