Medigus Enters NFT Space with a First Investment in Blockchain Company Safee
October 13 2021 - 6:30AM
Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in
advanced medical solutions, innovative internet technologies and
electric vehicle and charging solutions, announced today that it
will invest in Safee, a Non-Fungible Token (NFT) technology
company. Safee’s social network allows creators and collectors to
easily create, own, engage, control and trade digital goods.
Safee’s mission is to expand the reach of NFTs to mass market
buyers and creators, digital artists, illustrators, photographers,
musicians, regular consumer digital content creators and more.
Medigus will invest $400,000 in Safee and will hold approximately
2.5% share in the company.
In a time when everyday users have become
digital media producers, creators and artists, the origin of
digital creations (art, photos, videos, news, etc.) is not clear as
the basic ownership model of the physical world does not translate
to the digital world.
Traditionally, digital asset management has
required a special 'crypto wallet' application. To simplify the
process and reach a wider audience, Safee has created a simple,
engaging, and disruptive way to apply ownership to any personal
digital media using NFT technology. It will enable regular people
and digital creators alike to establish originality, foster
engagement and exchanges, and monetize their creations in the
digital world.
The NFT revolution is one of ownership,
monetization, and the proliferation of digital rights to the
masses. Safee's NFT-based social network platform enables digital
creators to take any personal media item and turn it into an
NFT.www.Safee.io
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is
a technology company focused on innovative growth partnerships,
mainly in advanced medical solutions, digital commerce and electric
vehicle markets. Medigus' affiliations in the medical solutions
arena include ownership in ScoutCam Inc. and Polyzion Ltd. The
Company’s affiliates in digital commerce include Gix Internet Ltd.,
Jeff's Brands Ltd. and Eventer Technologies Ltd. In the electric
vehicle market, Charging Robotics Ltd. and Revoltz are also part of
the Company’s portfolio of technology solution providers. To learn
more about Medigus’ advanced technologies, please
visit http://www.medigus.com/.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Medigus is using
forward-looking statements in this press release when it discusses
the potential for the investment in Safee to lead to profitable
growth for the future. Because such statements deal with future
events and are based on Medigus’ current expectations, they are
subject to various risks and uncertainties, and actual results,
performance or achievements of Medigus could differ materially from
those described in or implied by the statements in this press
release.
The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed in any filings with the
Securities and Exchange Commission ("SEC"). Except as otherwise
required by law, Medigus undertakes no obligation to publicly
release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events. References and links to
websites have been provided as a convenience, and the information
contained on such websites is not incorporated by reference into
this press release. Medigus is not responsible for the contents of
third-party websites.
Company Contact: Tali DinarChief Financial
Officer+972-8-6466-880ir@medigus.com
Investor Relations Contact:Miri SegalCEOMS-IR
LLC+1-917-607-8654msegal@ms-ir.com
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