BIGG Digital Assets Inc. (“
BIGG”
or the “
Company”)
(CSE: BIGG; OTCQX:
BBKCF; WKN: A2PS9W), a leading innovator in the digital
assets space and owner of Netcoins, Blockchain Intelligence Group,
and TerraZero is pleased to announce TerraZero’s collaboration with
artificial intelligence company Qeleo (Qeleo.com); Predictive
Technologies d/b/a Qeleo, to accelerate the scalability of
TerraZero’s core product, Intraverse, and other operational
initiatives.
- TerraZero and Qeleo have
collaborated and will continue to collaborate on artificial
intelligence tools specific to TerraZero’s pipeline of
development.
- These AI tools, by design, foster
the creation of assets to be used within virtual experiences
deployed by TerraZero, and utilized across TerraZero’s Intraverse
ecosystem.
- TerraZero and Qeleo plan to develop
additional tools that further the scaling of 3D models and full 3D
environments following creative input from staff and contractor
artists and developers.
- TerraZero aims to use these AI
tools to scale thousands of virtual environments, as well as build
new revenue streams for the company.
- As TerraZero continues to scale the
development of Intraverse PRO following activations with Napster
and others, these AI tools will allow artists, creators and brands
to generate virtual environments and utilize the Intraverse’s
ecommerce, data and omnichannel features.
In working with Qeleo, TerraZero has three
primary goals. First, develop unique AI tools that were up to par
with their high quality standards when it came to compelling
virtual experiences. Second, TerraZero is pursuing an engine they
can use to create environments faster without losing their
signature sense of design and innovative feature set. Third, the
company wants to save their artists’ time and energy–so their
efforts can go towards custom asset creation and development for
larger, bespoke experiences for TerraZero’s ongoing portfolio of
partners and clients.
Dan Reitzik, founder of TerraZero and Interim
CEO of BIGG Digital Assets writes, “We are on the precipice of
customizable, consumable content tailored to the individual. If you
look at the market and where technology is headed, it feels only
right that TerraZero takes this leap with Qeleo and continues to be
an innovative player in the space. We have been impressed by
Qeleo’s ability and confidence as an enterprise AI specialist.
Smart AI needs to be driven by smart people. I have full faith in
what Qeleo is doing with TerraZero.”
Tarka L’Herpiniere, CTO of Qeleo, adds, “Working
with TerraZero to build their custom AI solution was a truly
rewarding experience. Their vision for the metaverse, combined with
their commitment to innovation, made this project particularly
interesting. We were able to combine multiple Qeleo AI models to
deliver a solution that automates the creation of 3D metaverse
environments, including architectural and asset generation. The
result is an extremely powerful tool that has enabled TerraZero to
scale their operations and create more immersive experiences –
faster.”
TerraZero will seek more opportunities to better
deploy operational capital on revenue generating business, and
support the Intraverse and its core products and features to serve
larger onboarding efforts to grow a more robust user base.
The goal of both parties is to build an engine
that can not only serve TerraZero’s development needs, but, in the
future, users who come onto the platform and want to see their own
design tastes reflected in the Intraverse. To hear more about the
vision, watch this video HERE.
On behalf of the board:
Dan ReitzikInterim
CEOir@biggdigitalassets.com778.819.3890
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the
future of crypto is a safe, compliant, and regulated environment.
BIGG invests in products and companies to support this vision. BIGG
has three portfolio companies: Netcoins (netcoins.com), Blockchain
Intelligence Group (blockchaingroup.io), and TerraZero
(terrazero.com).
TerraZero Technologies Inc. is
a vertically integrated Metaverse development group and leading
Web3 technology company specializing in helping brands create
immersive experiences. TerraZero's Metaverse-agnostic vision is to
develop and implement products and services with scalable
commercial applications to flourish engagement across gamified
experiences where enterprise-level businesses, metaverse platforms,
and Web3 creators can seamlessly bridge and actionably grow their
virtual world and the physical world endeavours together as one.
TerraZero owns digital real estate for brands to establish a
presence in existing virtual worlds and can also offer brands their
own private worlds to provide offices and services to those
interested in the metaverse. Furthermore, TerraZero acquires,
designs, builds, and operates virtual assets and solutions to
monetize the metaverse ecosystem. TerraZero’s businesses are
segmented into five (5) divisions which include: (1) immersive
experience creation in existing or private virtual worlds; (2)
advertising; (3) data analytics; (4) events and marketing; and (5)
development of the Intraverse. TerraZero aims to support the
community, foster innovation, and drive adoption. For more
information, please visit https://terrazero.com/ or contact
hello@terrazero.com.
Blockchain Intelligence Group
is an industry-leading digital asset forensics, anti-money
laundering detection, and cryptocurrency investigations company. At
the heart of our operations is a deep-rooted expertise in
visualizing digital assets and market-related activities. This
expertise is leveraged to monitor transactional data with a
constant eye to assist our customers with risk management, due
diligence, and forensic services for digital assets. For more
information please visit our website www.BlockchainGroup.io.
Netcoins offers secure crypto
trading in Canada and the USA, with a mission to make crypto
trading easy. Netcoins has a robust product offering with over 50
assets for Crypto Trading, Netcoins Pay Mastercard and Staking
(Canada Only). Netcoins facilitates crypto trading via its
cutting-edge Mobile and Web applications and its OTC Trading Desk.
For more information please visit our website www.netcoins.com.
For more information and to register for BIGG’s
mailing list, please visit our website
at https://www.biggdigitalassets.com. Or visit SEDAR+ at
www.sedarplus.ca.
Future operating results could also be
materially affected by the price of cryptocurrency and the demand
(or lack thereof) for cryptocurrency. In addition, BIGG’s past
financial performance may not be a reliable indicator of future
performance.
About Qeleo
Qeleo is redefining the enterprise AI market by
crafting custom solutions that address unique business challenges
and deliver quantifiable benefits and a robust return on
investment. Qeleo takes the time to understand specific needs and
develops tailored AI solutions that drive efficiency, innovation,
and growth.
Qeleo's expertise in AI is deep and extensive.
Since 2016, the company has been researching and building
enterprise AI solutions, developing cutting-edge technologies that
are used by some of the largest and most forward-thinking companies
in the world. Qeleo's team of AI developers and machine learning
experts are dedicated to delivering solutions that make a real
difference.
To find out more, visit www.qeleo.com
Forward-Looking Statements
Certain statements in this release are
forward-looking statements or information, which include the
expected opportunities, outcomes, potential and benefits of the
Company’s products and services, working with Qeleo and developing
products and the expected outcomes and benefits of this
collaboration, the continued development of Intraverse PRO, the
expected adoption and growth of cryptocurrency and the Company’s
products and services, evaluating, researching and predicting
market trends, the development and completion of products and
services, the launch of products and services, events, plans,
courses of action, and the potential of the Company’s technology
and operations and other matters. Forward-looking statements
consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified
by the use of forward-looking wording such as “may”, “expect”,
“estimate”, “anticipate”, “intend”, “believe” and “continue” or the
negative thereof or similar variations. Readers are cautioned not
to place undue reliance on forward-looking statements, as there can
be no assurance that the plans, intentions or expectations upon
which they are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to
the possibility that the predictions, estimates, forecasts,
projections and other forward-looking statements will not occur.
These assumptions, risks and uncertainties include, among other
things, the state of the economy in general and capital markets in
particular, the ability to manage operating expenses, which may
adversely affect the Company’s financial condition, the ability to
remain competitive as other better financed competitors develop and
release competitive products, volatility in the trading price of
the common shares of the Company, the demand and pricing of
cryptocurrency, the Company’s ability to successfully define,
design and release new products in a timely manner that meet
customers' needs; the ability to attract, retain and motivate
qualified personnel; competition in the industry; and other
factors, many of which are beyond the control of BIGG.
Forward-looking statements contained in this press release are
expressly qualified by this cautionary statement. Undue reliance
should not be placed on the forward-looking information because
BIGG can give no assurance that they will prove to be correct. The
securities of BIGG are considered highly speculative due to the
nature of BIGG’s business. For further information concerning these
and other risks and uncertainties, refer to the Company’s website
and filings on www.sedarplus.ca. In addition, BIGG’s past
performance may not be a reliable indicator of future
performance.
Important factors that could cause actual
results to differ materially from BIGG’s expectations include
consumer sentiment towards BIGG’s products and Cryptocurrency,
Blockchain and Metaverse technology generally, technology failures,
the lack of demand for the company’s products and services,
fluctuations in the price of cryptocurrency, the ability to
successfully define, design, and release new products in a timely
manner that meet customers’ needs; the ability to attract, retain,
and motivate qualified personnel; competition in the industry; the
ability to obtain and/or maintain licences, permits and approvals
that are necessary to operate the business; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; increase in costs and expenses; the dependence on key
personnel; competition; the demand and pricing of cryptocurrencies
and NFTs (including digital assets); litigation; security threats,
including a loss/theft of NFTs, cryptocurrencies, and other assets;
and failure of counterparties to perform their contractual
obligations.
The forward-looking statements contained in this
press release are made as of the date of this press release. Except
as required by law, BIGG disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, BIGG undertakes no obligation to comment on the
expectations of or statements made by, third parties in respect of
the matters discussed above.
The CSE does not accept responsibility for the
adequacy or accuracy of the content of this Press Release.
BIGG Digital Assets (TG:7111)
Historical Stock Chart
From Oct 2024 to Nov 2024
BIGG Digital Assets (TG:7111)
Historical Stock Chart
From Nov 2023 to Nov 2024