WENZHOU, China, Sept. 23, 2021 /PRNewswire/ -- ZK
International Group Co., Ltd's (Nasdaq: ZKIN) ("ZKIN", "ZK
International" or the "Company"), is pleased to announce that,
xSigma Collectibles Limited (the "xSigma"), a subsidiary of the
Company, has entered into a general partnership with ACES, Inc., a
leading US baseball agency, to launch NFTs for their athletes on
the MaximNFT platform. MaximNFT is a Non-Fungible Token (NFT)
Marketplace and Platform that is being launched by xSigma in an
exclusive partnership with the Maxim magazine.
The platform's website is now available at maximnft.com.
Based in Brooklyn, across the
street from the Brooklyn Dodgers' offices where Branch Rickey
signed Jackie Robinson in 1947, ACES
is a sports agency that represents professional baseball players.
For the past 7 years, Forbes has ranked ACES among the top 3 most
powerful agencies in baseball. For more than 30 years, it has
represented players in all phases of their careers and has
negotiated over $4 billion in deals.
Its founders and owners Sam and Seth
Levinson were named by Forbes to Forbes list of "The World's
Most Powerful Sports Agents".
Under the partnership agreement, ACES will work closely with
MaximNFT and xSigma's team to launch NFTs for their athletes.
MaximNFT will provide creative marketing and technical resources to
assist ACES's clients in the rapidly growing NFT space.
Peter Pedalino, a principal at
ACES, stated, "The NFT Industry is clearly going to be a
major component in the future of the Sports Collectible
Space. We want to lead in this evolution, and we are happy to
have support from the MaximNFT's team on this path."
Jon Orlando, the CEO at MaximNFT,
stated, "This is a serious step and a great partnership for
MaximNFT to take on. ACES is one of the most powerful baseball
agencies and we look forward to revolutionizing the industry of
sports collectibles together with them."
The MaximNFT Marketplace will go live this fall with a series of
NFTs for celebrities, athletes, and brands, which will be announced
soon. Previously, xSigma has entered into an agreement with
Maxim.com to rebrand xSigma's Marketplace to MaximNFT. Maxim.com is
a monthly men's lifestyle magazine with over 25-years of history
and a multi-million reader base that spans 75 countries. Under the
terms of the agreement, xSigma's NFT platform will operate under
the Maxim brand and will be promoted by Maxim.com.
MaximNFT is xSigma Collectibles Limited's re-branding of its NFT
marketplace in partnership with Maxim.com. xSigma's NFT platform
will operate under the Maxim brand and be endorsed and promoted by
Maxim.com. MaximNFT targets an actively growing industry of NFTs,
which surpassed $2 billion of total
sales volume in 2021.
MaximNFT by xSigma seeks to provide the best customer experience
and innovative NFT solutions. MaximNFT will allow customers to
create and sell NFTs on various blockchains, including, but not
limited to, Ethereum, Binance Smart Chain, and Polkadot. Some of
the collectibles will come with unique real-world experience, like
autograph sessions, photoshoots, dinners and other activities. Furthermore, MaximNFT offers an
innovative "NFT tokenization" feature that will allowcustomers to
trade fractions of any NFTs in the market.
Maxim is a monthly men's lifestyle magazine with over 25-years
of history and a multi-million reader base that spans 75 countries.
xSigma believes the Maxim.com team will add significant value to
the new NFT Marketplace.
MaximNFT plans to focus on sports and celebrities' collectibles,
as well as gaming content. The company is betting on the rise of
gaming and utilization of the NFT technology for in-game purchases
and collectibles. Additionally, xSigma plans to combine NFT with
new AR and VR technologies.
xSigma (including xSigma Corporation and xSigma Collectibles) is
a blockchain R&D lab and a wholly owned subsidiary of ZK
International. xSigma's team includes world-class developers
formerly of Google, Facebook, Ripple Labs, and 1inch. ZK
International launched xSigma as a research and development lab in
2018 to solve real- world infrastructure challenges. Its mandate
was to explore new opportunities in smart contracts, supply chain
management, and other blockchain-based solutions. XSigma has since
pivoted to decentralized finance, focusing on decentralized
exchanges, stablecoins, and lending protocols.
The research lab is now actively working on its ecosystem of
products. The ultimate objective is to build a range of financial
tools and products for the flourishing decentralized finance
industry. The xSigma team is on the leading edge of blockchain
research and development that intersects decentralized finance,
supply chain management, IoT, and infrastructure. The DeFi protocol
is one of many decentralized finance projects xSigma plans to
launch over the next 12 months.
About ZK International Group Co., Ltd.
ZK International Group Co., Ltd. is a China-based engineering company building and
investing in innovative technologies for the modern world. With a
focus on designing and implementing next-generation solutions
through industrial, environmental and software engineering, ZKIN
owns 28 patents, 21 trademarks, 2 Technical Achievement Awards, and
10 National and Industry Standard Awards.
ZKIN's core business is to engineer and manufacture patented
high-performance stainless steel and carbon steel pipe products
that effectively deliver high quality, highly-sustainable and
environmentally sound drinkable water to the Chinese, Asia and European markets. ZK International is
Quality Management System Certified (ISO9001), Environmental
Management System Certified (ISO1401), and a National Industrial
Stainless Steel Production Licensee. It has supplied stainless
steel pipelines for over 2,000 projects, which include the Beijing
National Airport, the "Water Cube" and "Bird's Nest", which were
venues for the 2008 Beijing Olympics. ZK International is preparing
to capitalize on the $850 Billion
commitment made by the Chinese Government to improve the quality of
water, which has been stated to be 70% unfit for human
In 2018, ZKIN established its wholly-owned xSigma Corporation to
develop innovative software solutions that support its core
operations while exploring new opportunities in smart contracts,
distributed ledgers, supply chain management NFTs, and blockchain
architecture. The xSigma Labs team is made up of world-class
developers and engineers formerly of Facebook, Google, Amazon,
Ripple and 1inch, most recently launching its first DeFi project in
the Fall of 2020.
For more information, please visit www.ZKInternationalGroup.com.
Additionally, please follow ZK International on Twitter, Facebook,
YouTube, and Weibo. For further information on ZK International's
SEC filings please visit www.sec.gov.
Safe Harbor Statement
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. Without limiting the generality of the foregoing, words
such as "may," "will," "expect," "believe," "anticipate," "intend,"
"could," "estimate" or "continue" or the negative or other
variations thereof or comparable terminology are intended to
identify forward-looking statements. In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances are forward-looking statements.
These forward-looking statements are not guarantees of future
performance and are subject to certain risks, uncertainties and
assumptions that are difficult to predict and many of which are
beyond the control of ZK International. Actual results may
differ from those projected in the forward-looking statements due
to risks and uncertainties, as well as other risk factors that are
included in ZK International 's filings with the U.S.
Securities and Exchange Commission. Although ZK International
believes that the assumptions underlying the forward-looking
statements are reasonable, any of the assumptions could prove
inaccurate and, therefore, there can be no assurance that the
results contemplated in forward-looking statements will be
realized. In light of the significant uncertainties inherent
in the forward-looking information included herein, the inclusion
of such information should not be regarded as a representation by
ZK International or any other person that their objectives or plans
will be achieved. ZK International does not undertake any
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
Contact Person: Di Chen
Cell Number: +86 15057357883
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SOURCE ZK International Group Co., Ltd.