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MarketScreener Homepage  >  Equities  >  TSX VENTURE EXCHANGE  >  CurrencyWorks Inc.    CWRK

CURRENCYWORKS INC.

(CWRK)
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CurrencyWorks : Launches Collectibles Platform for Brands Built on the WAX Blockchain

07/07/2020 | 09:16am EST

The future of limited edition branded digital collectibles is now available on the CurrencyWorks Collectibles blockchain platform

Los Angeles, July 07, 2020 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CWRK”) (TSXV and OTCQB: CWRK), which builds digital currencies to create more transactions for brands, announced today the launch of its CurrencyWorks Collectibles platform built on the WAX blockchain.

The CurrencyWorks Collectibles platform includes features for:

  • Issuance: branded digital collectibles created as NFTs (non-fungible tokens) on the WAX blockchain
  • Provenance: scarcity and ownership history authenticated on the WAX blockchain 
  • Security: smart contracts and digital wallets to buy, hold or trade the digital collectibles within communities
  • Monetisation: payment processing integrated for purchases of the digital collectibles.

The advantage of using the CurrencyWorks WAX NFT platform is that it allows users to buy and trade collectibles instantly - worldwide - with confidence that every collectible is certified authentic, unique, can never be altered and with the ability to view a collectible’s full ownership record and trading history.

CurrencyWorks President Bruce Elliott noted, "We are ready to bring the power of blockchain enabled digital collectibles to any brand seeking to monetise new or long standing brands, by efficiently creating and issuing limited edition versions of the brand assets for sale to fans, all transparently authenticated on the WAX blockchain."

“We are very excited about the launch of the CurrencyWorks Collectibles Platform to enable brands increase their reach and their relevance with their customers,” said Cameron Chell, Chairman of CurrencyWorks.

About CurrencyWorks

CurrencyWorks Inc. (TSX: CWRK and OTCQB: CWRK) is a publicly traded company redefining the transaction value chain for customer attraction, engagement and retention by increasing transactions through the creation and implementation of their own digital currency. CurrencyWorks partners with established brands who have large customers bases, fan followings or online communities. CurrencyWorks acts as a vendor or joint ventures to launch and develop digital currencies to solve real world problems and create more transactions.

For more information on CurrencyWorks, please visit us at: www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.

Media Contact
Arian Hopkins
arian@currencyworks.io

Company Contact
Bruce Elliott, President
Phone: 424-570-9446
Bruce.elliott@currencyworks.io

Investor Inquiries
Phone: 424-570-9446 ext. 8
ir@currencyworks.io


CurrencyWorks master logo.png

Source: CurrencyWorks Inc

2020 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2019 0,25  - -
Net income 2019 -4,60 M - -
Net Debt 2019 1,53 M - -
P/E ratio 2019 -0,38x
Yield 2019 -
Capitalization 8,91 M 8,91 M -
EV / Sales 2018 -
EV / Sales 2019 13,2x
Nbr of Employees 3
Free-Float 85,5%
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Income Statement Evolution
Managers
NameTitle
Bruce Elliott President & Chief Executive Officer
Cameron Chell Non-Executive Chairman
Swapan Kakumanu CFO, CAO, Secretary & Treasurer
James P. Geiskopf Lead Independent Director
Michael A. Blum Director
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