Minds + Machines Group Limited .luxe to be marked by LSE Opening on 26 Oct 2018
October 24 2018 - 2:00AM
RNS Non-Regulatory
TIDMMMX
Minds + Machines Group Limited
24 October 2018
RNS Reach: for release at 07:00am, 24 October 2018
Minds + Machines Group Limited
("MMX" or the "Company")
.luxe Launch to be Marked by London Stock Exchange Market
Opening Ceremony
- 26 October 2018 -
Minds + Machines Group Limited (LSE: MMX) is delighted to
announce that the forthcoming launch of .luxe, the first top-level
domain designed to resolve both on the World Wide Web and the
Ethereum blockchain, will be marked by the Company performing the
Market Opening Ceremony at the London Stock Exchange on 26 October
2018.
Toby Hall, CEO of MMX, commented:
"We are deeply honoured to have the opportunity to open the
London markets to celebrate the launch of .luxe. We look forward to
celebrating the forthcoming launch of the extension with our
partners and raising awareness for the .luxe naming standard across
the public company and fintech communities that the London Stock
Exchange Group champions."
Currently, there is no interoperable naming convention across
the World Wide Web and blockchain universes. On the fastest growing
blockchain, Ethereum, 42 character randomly generated alphanumeric
strings presently serve as the public identifiers for the 43
million Ethereum assets now in circulation on that blockchain.
Through .luxe, human readable names can serve as the public
identifier for businesses, individuals and assets on the Ethereum
blockchain, thereby helping to improve ease-of-use and trust
between counter parties. The same .luxe name can also be used on
the World Wide Web, helping to further improve transparency and
trust between counter parties. For further information on .luxe and
its launch time-table, please go to www.join.luxe
- ends -
For further information
Minds + Machines Group Limited
Toby Hall, CEO Tel: +44 (0) 77 1334 1072
Michael Salazar, COO/CFO Tel: +1 (310) 740 7499
finnCap Ltd Tel: +44 (0) 20 7220 0500
Corporate finance - Stuart Andrews
/Carl Holmes/Simon Hicks
Corporate broking - Tim Redfern
/ Richard Chambers
Belvedere Communications Limited Tel: +44 (0) 20 3687 2754
John West
Llew Angus
About MMX
Minds + Machines Group Limited (LSE: MMX) is the owner of a
world class portfolio of 32 ICANN approved top-level domains
(gTLDs). The Company generates revenues through the registration
and annual renewal of names by organisations and individuals within
each of its top-level domains, sales being processed through the
Group's network of global registrar and distribution partners.
The MMX portfolio is currently focused around generic names
(e.g. .work, .vip), consumer interest (e.g. .fashion, .wedding),
lifestyle (e.g. .fit, .surf, .yoga), professional occupations (e.g.
.law), and geographic domains (e.g. .london, .boston, .miami,
.bayern). In 2018, the Company completed its first acquisition, the
ICM portfolio, and is shortly to launch its first innovation based
project, .luxe, which combines the strengths of the World Wide
Web's naming system with that of blockchain. For more information
on MMX and its rapidly growing renewal base, please visit
www.mmx.co
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRAPGGBCUUPRGAW
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